Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Buckeye Partners, L.P.'s 2019 Schedule K-1 Tax Packages are Now Available HOUSTON, March 09, 2020 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that the 2019 unitholder tax packages, which include the schedule K-1, are now available online. Investors may access their tax packages through the K-1 Tax Package Support website . The link is also posted on Buckeye’s Partnership Tax & K-1 Information page in the Investor Center section of Buckeye’s website at . The partnership expects to complete mailing the 2019 tax packages by March 12, 2020. All tax packa...
IFM Investors Completes Acquisition of Buckeye Partners, L.P. Acquisition Strengthens IFM’s Midstream Energy Infrastructure Portfolio HOUSTON, Nov. 01, 2019 (GLOBE NEWSWIRE) -- IFM Investors Pty Ltd (“IFM”) and Buckeye Partners, L.P. (“Buckeye”) today announced the completion of the acquisition of Buckeye by entities affiliated with IFM, adding one of the largest diversified networks of integrated midstream assets to IFM’s substantial investments in energy infrastructure across North America. Buckeye’s assets include 6,000 miles of pipeline, with over 100 delivery locations and 115 liq...
Buckeye Announces Regulatory Approvals and Planned Closing Date of Pending Acquisition HOUSTON, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (NYSE: BPL) today announced that all regulatory approvals required to complete the acquisition of Buckeye by entities affiliated with the IFM Global Infrastructure Fund previously announced on May 10, 2019 (the “proposed merger”) have been received. The merger agreement relating to the proposed merger and the transactions contemplated thereby were previously approved by the affirmative vote of the holders of a majority of Buckeye’s outsta...
Rating Action: Moody's withdraws Buckeye's secured notes rating following cancellation of offering; Term loan's Ba1 rating unchanged. Global Credit Research- 16 Oct 2019. New York, October 16, 2019-- Moody's Investors Service has withdrawn its Ba1 rating for Buckeye Partners, L.P.' s proposed $500 million senior secured notes due 2027 following the company's cancellation of that debt offering.
Buckeye Bahamas Hub (BBH) Resumes Full Operations Buckeye Partners Continues to Support Rebuilding Effort in The Bahamas HOUSTON, Sept. 20, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that it resumed full operations at its Buckeye Bahamas Hub (“BBH”) following completion of inspections and necessary repairs of impacts from Hurricane Dorian. Completed assessments of the facility identified only minor damage from wind and rain, and no indications of any product release or environmental threats. “On behalf of the entire company, I want to thank th...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Buckeye Partners, L.P. Global Credit Research- 16 Sep 2019. New York, September 16, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Buckeye Partners, L.P. and other ratings that are associated with the same analytical unit.
Buckeye Bahamas Hub Partially Restarts Operations HOUSTON, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that it has partially resumed operations at its Buckeye Bahamas Hub (“BBH”) facility following Hurricane Dorian. BBH is now able to accommodate customer vessels at its inland berths for both loading and unloading of petroleum products. Work continues on completing final assessments, and restoring full operations at the facility in the near future. “I would like to commend our Buckeye emergency response teams for their tireless efforts ...
Buckeye Provides Buckeye Bahamas Hub Hurricane Dorian Impact Update HOUSTON, Sept. 06, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that it has now accounted for all employees at its Buckeye Bahamas Hub (BBH) facility and continues its focus on relief and recovery. An initial delivery of supplies and other resources, including food, clothing, hygiene stations, and temporary housing, for those BBH employees and their immediate families in need is commencing, and such support and relief efforts will continue in the days ahead. “The health and well-b...
A director at Buckeye Partners Lp sold 2,000 shares at 41.120USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
Buckeye Provides Buckeye Bahamas Hub Hurricane Dorian Impact Update HOUSTON, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that its initial preliminary assessments, subject to physical verification, have not identified any significant damage to its Buckeye Bahamas Hub (BBH) as a result of Hurricane Dorian. Buckeye will provide further updates after in-depth, on-the-ground inspections and assessments of the storm’s impact on BBH are completed in the coming days. As the hurricane moves away from Grand Bahama Island, Buckeye’s first prior...
Trafigura and Buckeye Receive First Deliveries of Crude Oil From New Permian Pipeline Construction HOUSTON, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Trafigura Trading LLC, (“Trafigura”) and Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus Christi, Texas. Trafigura and Buckeye have worked together to achieve early service commissioning and receipts, prior to full Cactus II operations, through connected infrastructure in t...
Buckeye Partners, L.P. Reports Second Quarter 2019 Financial Results Announces Cash Distribution HOUSTON, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported its financial results for the second quarter of 2019. Net income attributable to Buckeye was $90.0 million for the second quarter of 2019 compared to $91.9 million for the second quarter of 2018. Adjusted EBITDA (as defined below) for the second quarter of 2019 was $214.3 million compared to $254.9 million for the second quarter of 2018. Buckeye’s second quarter 2019 results were impac...
Buckeye Partners, L.P. to Release 2019 Second Quarter Financial Results HOUSTON, July 25, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) is scheduled to release its 2019 second quarter earnings on August 1, 2019. Due to the pending acquisition by IFM Investors announced on May 10, 2019, Buckeye does not plan to host a conference call in conjunction with its 2019 second quarter earnings. Interested parties are invited to access Buckeye’s 2019 second quarter earnings release as well as our Form 10-Q on the Investor Center section of Buckeye’s website at on August...
BUCKEYE PARTNERS LP. (US), a company active in the Pipelines industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date May 24, 2019, the closing price was US...
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