| Buckeye Partners is a holding company. Through its subsidiaries, Co. owns and operates integrated assets providing midstream logistic solutions, including transportation, storage, processing and marketing of liquid petroleum products. Co. has three segments: Domestic Pipelines and Terminals, which provides pipeline transportation services; Global Marine Terminals, which provides marine accessible bulk storage and blending services, rail and truck rack loading/unloading, and petroleum processing services in the East Coast and Gulf Coast regions of the U.S. and in the Caribbean; and Merchant Services, which distributes refined petroleum products in the continental U.S. and in the Caribbean. We show 35 historical shares outstanding datapoints in our BPL shares outstanding history coverage, used to compute BPL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BPL market cap history over the course of time is important for investors
interested in comparing BPL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BPL versus a peer is one thing; comparing
BPL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BPL can fluctuate over the course of history.
With this page we aim to empower investors researching BPL by allowing them to research the BPL market cap history.