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Buckeye Partners (BPL) Jumps: Stock Adds 5.1% in Session

Buckeye Partners, L.P.BPL was a big mover last session, as the company saw its shares rise over 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 7.6% in the last one month.

The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Buckeye Partners currently has a Zacks Rank #3 (Hold) while it's Earnings ESP is negative.

A better-ranked oil stock is CONE Midstream Partners LP CNNX , sporting a Zacks Rank #1 (Strong Buy).

Is BPL going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BUCKEYE PARTNRS (BPL): Free Stock Analysis Report

CONE MIDSTREAM (CNNX): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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