Donald Niemiec - Buckeye Partners Independent Director
Director
Mr. Donald W. Niemiec is Independent Director of Buckeye GP LLC, general partner of Buckeye Partners, L.P., effective September 29, 2014. Mr. Niemiec is currently President of WR Energy, LLC, a strategic consulting company for the oil and gas industry. Mr. Niemiec previously served on the board of directors of Cano Petroleum. Mr. Niemiec spent18 years with Union Pacific Resources Group, Inc., where he worked in various positions, including Vice President, Marketing and Corporationrationrate Development, and President of Union Pacific Fuels, Inc., which merged with Anadarko Petroleum in 2000. Mr. Niemiec began his career at Exxon Company, USA. The breadth of Mr. Niemiec experience in the oil and gas industry and the operational expertise he developed over his career makes him a valuable and highlyqualified addition to our general partner board of directors. since 2014.
| Age | 60 |
| Tenure | 10 years |
| Phone | 832-615-8600 |
| Web | http://www.buckeye.com |
Buckeye Partners Management Efficiency
The company has Return on Asset of 0.0642 % which means that on every $100 spent on assets, it made $0.0642 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1091 %, implying that it generated $0.1091 on every 100 dollars invested. Buckeye Partners' management efficiency ratios could be used to measure how well Buckeye Partners manages its routine affairs as well as how well it operates its assets and liabilities.The company has 3.99 B in debt with debt to equity (D/E) ratio of 97.7, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Buckeye Partners has a current ratio of 0.89, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Buckeye Partners until it has trouble settling it off, either with new capital or with free cash flow. So, Buckeye Partners' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Buckeye Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Buckeye to invest in growth at high rates of return. When we think about Buckeye Partners' use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0642 |
Buckeye Partners Leadership Team
Elected by the shareholders, the Buckeye Partners' board of directors comprises two types of representatives: Buckeye Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Buckeye. The board's role is to monitor Buckeye Partners' management team and ensure that shareholders' interests are well served. Buckeye Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Buckeye Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Sauger, Senior Vice President Global Marine Terminals Operations and Engineering of General Partner | ||
| Barbara Baumann, Independent Director of General Partner | ||
| William Hollis, Senior Vice President of the General Partner | ||
| Oliver Richard, Independent Director of the General Partner | ||
| Frank Sowinski, Lead Independent Director of General Partner | ||
| Mark Esselman, Senior Vice President - Global Human Resources of General Partner | ||
| Martin White, Independent Director of General Partner | ||
| Pieter Bakker, Independent Director of General Partner | ||
| Clark Smith, Chairman of Buckeye GP LLC, CEO of Buckeye GP LLC and President of Buckeye GP LLC | ||
| Donald Niemiec, Independent Director | ||
| Mark McKinley, Independent Director of General Partner | ||
| Joseph LaSala, Director of Buckeye GP LLC, Member of Nominating and Corporate Governance Committee and Member of Compensation Committee | ||
| Patrick Pelton, Principal Accounting Officer; Vice President Controller of the General Partner | ||
| Khalid Muslih, Sr. VP of Buckeye GP LLC and President of Global Marine Terminals - Buckeye GP LLC | ||
| Gary Bohnsack, Chief Accounting Officer, Vice President Controller | ||
| Todd Russo, Sr. VP of Buckeye GP LLC, General Counsel of Buckeye GP LLC and Secretary of Buckeye GP LLC | ||
| Barbara Duganier, Independent Director of General Partner | ||
| Larry Payne, Independent Director of General Partner | ||
| Keith StClair, Chief Financial Officer, Executive Vice President of General Partner | ||
| Keith Clair, CFO of Buckeye GP LLC and Executive VP of Buckeye GP LLC | ||
| Robert Malecky, Sr. VP of Buckeye GP LLC and President of Domestic Pipelines and Terminals Bus. Unit of Buckeye GP LLC |
Buckeye Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Buckeye Partners a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0642 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 22.85 % | |||
| Current Valuation | 10.31 B | |||
| Shares Outstanding | 153.92 M | |||
| Shares Owned By Insiders | 0.49 % | |||
| Shares Owned By Institutions | 74.24 % | |||
| Number Of Shares Shorted | 8.95 M | |||
| Price To Earning | 8.41 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Buckeye Partners in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Buckeye Partners' short interest history, or implied volatility extrapolated from Buckeye Partners options trading.
Pair Trading with Buckeye Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Buckeye Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Buckeye Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nu Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nu Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nu Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nu Holdings to buy it.
The correlation of Nu Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nu Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nu Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nu Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Buckeye Stock
If you are still planning to invest in Buckeye Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Buckeye Partners' history and understand the potential risks before investing.
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