Buckeye Partners

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Buckeye Partners, L.P.
Public
Traded asNYSEBPL
IndustryPetroleum
Founded1886 as Buckeye Pipeline Company
HeadquartersHouston, TX
Key people
Clark S. Smith, CEO
ProductsPipelines
RevenueIncreaseUS$6.620 Billion (FY 2014)[1]
IncreaseUS$274.9 Million (FY 2014)[1]
Total assetsIncreaseUS$8.086 Billion (FY 2014)[1]
Number of employees
1,870[2] (2017)
Websitebuckeye.com

Buckeye Partners, NYSEBPL headquartered in Houston, Texas in the United States, is a distributor of petroleum in the East and Midwest of the country. Buckeye manages over 6,200 miles (10,000 km) of petroleum pipelines, as well as over 100 truck-loading terminals. Many of the pipelines follow historic Northeastern railroad rights-of-way, and the firm is a surviving fragment of the defunct Penn Central railroad.[3]

Its predecessor company, the Buckeye Pipe Line Company, was founded in 1886 as part of John D. Rockefeller's Standard Oil trust.[4]

Buckeye pipelines supply aviation fuel to major airports in New York City. The firm's property was listed by United States federal prosecutors as being among the targets of the 2007 John F. Kennedy International Airport attack plot.

The company employs approximately 1800 people.

Its headquarters are located in Greenway Plaza.[5]

Marker for Buckeye pipeline in Brooklyn

Facilities[edit]

References[edit]

  1. ^ a b c "2014 10-K SEC Filing for Buckeye Partners". Securities and Exchange Commission. Retrieved 24 March 2015.
  2. ^ "Buckeye Partners". Fortune. Retrieved 2019-02-05.
  3. ^ Buckeye Partnership About Us Official organizational history
  4. ^ "History of Buckeye Partners, L.P." Funding Universe. Retrieved 19 September 2019.
  5. ^ "Contact Us." Buckeye Partners. Retrieved on November 8, 2013. "One Greenway Plaza • Suite 600 • Houston, Texas 77046"
  6. ^ "Perth Amboy refinery to get new life from $200 million overhaul". NJ.com. August 8, 2012. Retrieved 2014-01-07. Buckeye Partners bought it from Chevron for $260 million, with plans to spend another $200 million or more expanding operations.
  7. ^ Buckeye Pipeline buys Chevron's NJ terminal Reuters

External links[edit]