Thursday, October 01, 2015 11:21:27 AM
BPL
61.81
Buckeye Partners, L.P. (BPL) was a big mover last session, as the company saw its shares rise over 7% on the day. The upside was driven by the company’s announcement that the Federal Energy Regulatory Commission (“FERC”) has approved without modification the previously announced settlement between one of its operating subsidiaries, Buckeye Pipe Line Company, L.P., and multiple airlines. This led to solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 14.4% in the past one-month time frame.
61.81
Buckeye Partners, L.P. (BPL) was a big mover last session, as the company saw its shares rise over 7% on the day. The upside was driven by the company’s announcement that the Federal Energy Regulatory Commission (“FERC”) has approved without modification the previously announced settlement between one of its operating subsidiaries, Buckeye Pipe Line Company, L.P., and multiple airlines. This led to solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 14.4% in the past one-month time frame.
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