Buckeye Partners (BPL +5.4%) surges at the open following a strong Q1 earnings beat, as higher...

|About: Buckeye Partners L.P. (BPL)|By:, SA News Editor

Buckeye Partners (BPL +5.4%) surges at the open following a strong Q1 earnings beat, as higher pipelines and terminals revenue helped mitigate weaker energy services revenue, which fell 6.7% to $962M. Pipelines and terminals revenue rose 17% to $194M. Operating margin improved to 8.9% from 6.4%.