NASDAQ:BKEP - Blueknight Energy Partners Stock Price, News, & Analysis

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$1.03 0.00 (0.00 %)
(As of 03/26/2019 12:02 PM ET)
Previous Close$1.03
Today's Range$1.02 - $1.03
52-Week Range$1.00 - $4.85
Volume700 shs
Average Volume527,465 shs
Market Capitalization$41.94 million
P/E Ratio-3.55
Dividend Yield30.19%
Beta1.9
Blueknight Energy Partners, L.P. provides integrated terminalling, gathering, and transportation services for companies engaged in the production, distribution, and marketing of liquid asphalt and crude oil products in the United States. The company's Asphalt Terminalling Services segment offers asphalt terminalling services, including storage, blending, processing, and throughput services for asphalt product and residual fuel oil. As of March 7, 2018, this segment had 56 terminals located in 26 states. Its Crude Oil Terminalling Services segment provides terminalling services, including storage, blending, processing, and throughput services for crude oil. This segment owns and operates 34 crude oil storage tanks with approximately 6.6 million barrels of storage capacity. The company's Crude Oil Pipeline Services segment owns and operates crude oil transportation system with a combined length of approximately 655 miles; and purchases crude oil from production leases in Oklahoma and markets those barrels at the Cushing Interchange. Its Crude Oil Trucking and Producer Field Services segment offers crude oil producer field services comprising gathering condensates from natural gas companies to hauling produced water to disposal wells; and producer field services, such as gas gathering pipeline maintenance, hot and cold fresh water delivery, chemical and downhole well treatment, wet oil cleanup, and separation facilities building and maintenance services. This segment owns or leases approximately 65 tanker trucks; and operates a producer service fleet of approximately 85 trucks. Blueknight Energy Partners G.P., L.L.C. operates as a general partner of the company. The company was formerly known as SemGroup Energy Partners, L.P. and changed its name to Blueknight Energy Partners, L.P. in December 2009. Blueknight Energy Partners, L.P. was founded in 2007 and is headquartered in Oklahoma City, Oklahoma.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:BKEP
CUSIPN/A
Phone405-278-6400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$384.83 million
Cash Flow$1.0098 per share
Book Value($6.46) per share

Profitability

Net Income$-42,050,000.00

Miscellaneous

EmployeesN/A
Market Cap$41.94 million
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

Blueknight Energy Partners (NASDAQ:BKEP) Frequently Asked Questions

What is Blueknight Energy Partners' stock symbol?

Blueknight Energy Partners trades on the NASDAQ under the ticker symbol "BKEP."

How often does Blueknight Energy Partners pay dividends? What is the dividend yield for Blueknight Energy Partners?

Blueknight Energy Partners announced a quarterly dividend on Friday, January 25th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.08 per share on Thursday, February 14th. This represents a $0.32 annualized dividend and a yield of 31.07%. The ex-dividend date is Friday, February 1st. View Blueknight Energy Partners' Dividend History.

How were Blueknight Energy Partners' earnings last quarter?

Blueknight Energy Partners LP (NASDAQ:BKEP) released its quarterly earnings results on Monday, March, 11th. The pipeline company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.07. The pipeline company had revenue of $123.52 million for the quarter. Blueknight Energy Partners had a negative return on equity of 4.21% and a negative net margin of 10.93%. View Blueknight Energy Partners' Earnings History.

When is Blueknight Energy Partners' next earnings date?

Blueknight Energy Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Blueknight Energy Partners.

What price target have analysts set for BKEP?

3 brokerages have issued 12-month price objectives for Blueknight Energy Partners' stock. Their predictions range from $1.00 to $4.00. On average, they expect Blueknight Energy Partners' stock price to reach $2.6667 in the next year. This suggests a possible upside of 158.9% from the stock's current price. View Analyst Price Targets for Blueknight Energy Partners.

What is the consensus analysts' recommendation for Blueknight Energy Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blueknight Energy Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blueknight Energy Partners.

Has Blueknight Energy Partners been receiving favorable news coverage?

News coverage about BKEP stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blueknight Energy Partners earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Blueknight Energy Partners' key competitors?

What other stocks do shareholders of Blueknight Energy Partners own?

Who are Blueknight Energy Partners' key executives?

Blueknight Energy Partners' management team includes the folowing people:
  • Mr. Mark A. Hurley, Chief Exec. Officer of Blueknight Energy Partners G.P., L.L.C. (Age 60)
  • Mr. Jeffery A. Speer, Chief Operating Officer of Blueknight Energy Partners G.P., L.L.C. (Age 52)
  • Mr. Joel W. Kanvik, Chief Legal Officer & Gen. Counsel of Blueknight Energy Partners G.P., L.L.C. (Age 50)
  • Mr. Brian L. Melton, Chief Commercial Officer of Blueknight Energy Partners G.P., L.L.C. (Age 49)
  • Mr. James R. Griffin, Interim CFO & Chief Accounting Officer of Blueknight Energy Partners G.P., L.L.C. (Age 42)

Who are Blueknight Energy Partners' major shareholders?

Blueknight Energy Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Zazove Associates LLC (2.60%), Prescott Group Capital Management L.L.C. (1.79%), LPL Financial LLC (0.40%), Bank of America Corp DE (0.25%), Geode Capital Management LLC (0.13%) and Geode Capital Management LLC (0.13%). Company insiders that own Blueknight Energy Partners stock include Alex G Stallings, Duke R Ligon, Mark A Hurley, Msd Partners, LP, Robert Howard Lampton and William Walter Lampton. View Institutional Ownership Trends for Blueknight Energy Partners.

Which major investors are selling Blueknight Energy Partners stock?

BKEP stock was sold by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Bank of America Corp DE, LPL Financial LLC and Terril Brothers Inc.. View Insider Buying and Selling for Blueknight Energy Partners.

Which major investors are buying Blueknight Energy Partners stock?

BKEP stock was bought by a variety of institutional investors in the last quarter, including Zazove Associates LLC, Geode Capital Management LLC and Geode Capital Management LLC. Company insiders that have bought Blueknight Energy Partners stock in the last two years include Duke R Ligon, Mark A Hurley, Robert Howard Lampton and William Walter Lampton. View Insider Buying and Selling for Blueknight Energy Partners.

How do I buy shares of Blueknight Energy Partners?

Shares of BKEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Blueknight Energy Partners' stock price today?

One share of BKEP stock can currently be purchased for approximately $1.03.

How big of a company is Blueknight Energy Partners?

Blueknight Energy Partners has a market capitalization of $41.94 million and generates $384.83 million in revenue each year. The pipeline company earns $-42,050,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis.

What is Blueknight Energy Partners' official website?

The official website for Blueknight Energy Partners is http://www.bkep.com.

How can I contact Blueknight Energy Partners?

Blueknight Energy Partners' mailing address is 201 NW 10TH SUITE 200, OKLAHOMA CITY OK, 73103. The pipeline company can be reached via phone at 405-278-6400 or via email at [email protected]


MarketBeat Community Rating for Blueknight Energy Partners (NASDAQ BKEP)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  334 (Vote Underperform)
Total Votes:  515
MarketBeat's community ratings are surveys of what our community members think about Blueknight Energy Partners and other stocks. Vote "Outperform" if you believe BKEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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