HOUSTON, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. ("Buckeye") (NYSE:BPL) today reported net income attributable to Buckeye's unitholders for the third quarter of 2013 of $77.3 million, or $0.72 per diluted unit, compared to net income attributable to Buckeye's unitholders for the third quarter of 2012 of $85.1 million, or $0.87 per diluted unit. Adjusted EBITDA (as defined below) for the third quarter of 2013 was $153.8 million compared with Adjusted EBITDA of $152.6 million for the third quarter of 2012. Operating income for the third quarter of 2013 was $111.4 million compared to $113.9 million for the third quarter of 2012. The diluted weighted average of units outstanding in the third quarter of 2013 was 106.8 million compared to 98.3 million in the third quarter of 2012. The increase in units is primarily the result of our unit offering in January 2013.
Buckeye Partners, L.P. Reports 2013 Third Quarter Results And Increases Cash Distribution
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