Brookfield Business Partners Sells Shuttle Tanker Operation for $484 Million
TipRanks (Fri, 28-Feb 4:29 PM ET)
Brookfield Completes Acquisition of Chemelex
Globe Newswire (Mon, 3-Feb 6:45 AM ET)
Brookfield Business Partners Reports 2024 Year End Results
Globe Newswire (Fri, 31-Jan 6:45 AM ET)
Brookfield Business Partners to Host Fourth Quarter 2024 Results Conference Call
Globe Newswire (Fri, 3-Jan 4:30 PM ET)
Brookfield Business Partners LP is a business services and industrials company. It focused on operating high-quality businesses that are either low-cost producers and benefit from high barriers to entry. The principal business services include construction services, residential real estate services, facilities management, road fuel distribution, and marketing. The industrial operations consist of oil and gas exploration and production, marine energy services, palladium and aggregates mining & others. The company clients are corporations and government agencies. The revenue is derived from the UK and Canada.
Brookfield Business Partners LP Limited Partnership Units trades on the NYSE stock market under the symbol BBU.
As of March 5, 2025, BBU stock price climbed to $24.81 with 6,213 million shares trading.
BBU has a market cap of $2.00 billion. This is considered a Mid Cap stock.
In the last 3 years, BBU traded as high as $42.42 and as low as $12.22.
BBU has outperformed the market in the last year with a price return of +17.5% while the SPY ETF gained +15.2%. BBU has also outperformed the stock market ETF in the last 3 month and 2 week periods returning -2.2% and -1.9%, respectively, while the SPY returned -3.7% and -4.6%, respectively.
BBU support price is $23.31 and resistance is $24.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBU shares will trade within this expected range on the day.