Today, the SVP & GC of Buckeye Partners (BPL), Todd Russo, sold shares of BPL for $219.3K.
In addition to Todd Russo, one other BPL executive reported Sell trades in the last month.
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Currently, Buckeye Partners has an average volume of 1.07M.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $37.40, reflecting a 17.5% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Hold BPL with a $38 price target.
The insider sentiment on Buckeye Partners has been negative according to 50 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Todd Russo’s trades have generated a 16.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Buckeye Partners LP is a holding company, which engages in the provision of midstream energy logistics services. It owns and operates petroleum products common carrier pipeline networks providing refiners, wholesalers, marketers, airlines, railroads and other commercial end-users with all-weather transportation of refined petroleum products .It operates its business through the following segments: Domestic Pipelines and Terminals; Global Marine Terminals; and Merchant Services. The Domestic Pipelines and Terminals segment transports liquid petroleum products from refineries, connecting pipelines, vessels, and bulk and marine terminals. The Global Marine Terminals segment provides marine accessible bulk storage and blending services; and rail and truck rack loading or unloading along with petroleum processing services. The Merchant Services segment is a wholesale distributor of refined petroleum products in the continental United States and in the Caribbean. The company was founded in December 1986 and is headquartered in Houston, TX.
