| Business Summary | | Buckeye
Partners,
L.P.
is
a
limited
partnership
that
conducts
all
its
operations
through
subsidiary
entities.
These
operating
subsidiaries
are
Buckeye
Pipe
Line
Company,
L.P.,
Laurel
Pipe
Line
Company,
L.P.,
Everglades
Pipe
Line
Company,
L.P.
and
Buckeye
Tank
Terminals
Company,
L.P.
(BTT).
BTT
owns
a
100%
interest
in
each
of
Buckeye
Terminals,
LLC
and
Buckeye
Gulf
Coast
Pipe
Lines,
LLC,
and
also
owns
a
75%
interest
in
WesPac
Pipelines-Reno
Ltd.
and
related
WesPac
entities.
The
Company
also
owns
a
99%
interest
in
Buckeye
Telecom,
L.P.
The
Company
provides
service
in
the
following
states:
Pennsylvania,
New
York,
New
Jersey,
Indiana,
Ohio,
Michigan,
Illinois,
Connecticut,
Massachusetts
and
Florida. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Buckeye
Partners,
L.P.
is
an
independent
pipeline
common
carrier
of
refined
petroleum
products.
BPL
also
provides
bulk
storage
service
through
leased
facilities.
For
the
six
months
ended
6/30/01,
revenues
rose
11%
to
$111.3
million.
Net
income
from
continuing
operations
applicable
to
Limited
Partners
rose
10%
to
$30.7
million.
Results
reflect
revenue
generated
from
Buckeye
Gulf
Coast
Pipe
Lines,
partially
offset
by
higher
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Alfred Martinelli, 72 | Chairman,
CEO | William Shea, Jr., 45 | Pres
and COO | Steven Ramsey, 45 | Sr.
VP-Fin., CFO | David Martinelli, 39 | Sr.
VP of Corp. Devel., Treasurer | Stephen Muther, 50 | Sr.
VP of Admin., Gen. Counsel and Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|