Buckeye Partners (BPL) in Focus: Stock Moves 5.3% Higher
Buckeye Partners, L.P.BPL was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on 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 6.4% in the past one-month time frame.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Buckeye Partners currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Buckeye Partners L.P. Price
Investors interested in the Oil and Gas - Production Pipeline - MLB industry may consider Enterprise Products Partners L.P. EPD , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
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