Buckeye Partners LP (BPL) Files 10-K for the Fiscal Year Ended on December 31, 2018

Buckeye Partners LP (BPL, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Buckeye Partners LP is a US-based company which owns and operates a diversified network of integrated assets providing midstream logistic solutions, consisting of the transportation, storage, and marketing of liquid petroleum products. Buckeye Partners LP has a market cap of $4.94 billion; its shares were traded at around $32.15 with and P/S ratio of 1.24. The dividend yield of Buckeye Partners LP stocks is 14.11%. Buckeye Partners LP had annual average EBITDA growth of 6.90% over the past five years.

For the last quarter Buckeye Partners LP reported a revenue of $1.1 billion, compared with the revenue of $946.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.1 billion, an increase of 12.6% from last year. For the last five years Buckeye Partners LP had an average revenue decline of 7.9% a year.

The reported loss per diluted share was 41 cents for the year, compared with the earnings per share of $4.03 in the previous year. The Buckeye Partners LP had a decent operating margin of 14.87%, compared with the operating margin of 18.75% a year before. The 10-year historical median operating margin of Buckeye Partners LP is 11.23%. The profitability rank of the company is 4 (out of 10).

At the current stock price of $32.15, Buckeye Partners LP is traded at 12.6% discount to its historical median P/S valuation band of $36.79. The P/S ratio of the stock is 1.24, while the historical median P/S ratio is 1.40. The stock lost 26.55% during the past 12 months.

For the complete 20-year historical financial data of BPL, click here.