NASDAQ:BKEP - Blueknight Energy Partners LP Common Stock Stock Price, Price Target & More

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$2.95 -0.15 (-4.84 %)
(As of 07/19/2018 08:00 AM ET)
Previous Close$3.10
Today's Range$2.95 - $3.20
52-Week Range$2.95 - $6.25
Volume342,900 shs
Average Volume231,767 shs
Market Capitalization$125 million
P/E RatioN/A
Dividend Yield18.71%
Beta0.73
Blueknight Energy Partners LP Common Stock logoBlueknight 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

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

Debt

Debt-to-Equity Ratio-1.30
Current Ratio0.98
Quick Ratio0.98

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$181.94 million
Price / Sales0.65
Cash Flow$0.7302 per share
Price / Cash4.04
Book Value($6.52) per share
Price / Book-0.45

Profitability

EPS (Most Recent Fiscal Year)($0.09)
Net Income$20.04 million
Net Margins8.04%
Return on Equity-6.79%
Return on Assets4.86%

Miscellaneous

Employees370
Outstanding Shares40,320,000
Market Cap$125.00

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Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) Frequently Asked Questions

What is Blueknight Energy Partners LP Common Stock's stock symbol?

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

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

Blueknight Energy Partners LP Common Stock announced a quarterly dividend on Monday, April 23rd. Shareholders of record on Friday, May 4th will be given a dividend of $0.145 per share on Tuesday, May 15th. This represents a $0.58 dividend on an annualized basis and a yield of 19.66%. The ex-dividend date of this dividend is Thursday, May 3rd. View Blueknight Energy Partners LP Common Stock's Dividend History.

How were Blueknight Energy Partners LP Common Stock's earnings last quarter?

Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) announced its quarterly earnings results on Thursday, May, 10th. The pipeline company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.05. The pipeline company had revenue of $44.66 million for the quarter, compared to the consensus estimate of $46.18 million. Blueknight Energy Partners LP Common Stock had a negative return on equity of 6.79% and a net margin of 8.04%. View Blueknight Energy Partners LP Common Stock's Earnings History.

When is Blueknight Energy Partners LP Common Stock's next earnings date?

Blueknight Energy Partners LP Common Stock is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Blueknight Energy Partners LP Common Stock.

What price target have analysts set for BKEP?

3 equities research analysts have issued 1 year target prices for Blueknight Energy Partners LP Common Stock's stock. Their forecasts range from $3.00 to $8.00. On average, they expect Blueknight Energy Partners LP Common Stock's stock price to reach $5.6667 in the next year. This suggests a possible upside of 92.1% from the stock's current price. View Analyst Ratings for Blueknight Energy Partners LP Common Stock.

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

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

Who are some of Blueknight Energy Partners LP Common Stock's key competitors?

Who are Blueknight Energy Partners LP Common Stock's key executives?

Blueknight Energy Partners LP Common Stock's management team includes the folowing people:
  • Mr. Mark A. Hurley, Chief Exec. Officer of Blueknight Energy Partners G.P., L.L.C. (Age 59)
  • Mr. Alex G. Stallings, CFO & Sec. of Blueknight Energy Partners G.P., L.L.C. (Age 51)
  • Mr. Jeffery A. Speer, Chief Operating Officer of Blueknight Energy Partners G.P., L.L.C. (Age 51)
  • Mr. Joel W. Kanvik, Chief Legal Officer & Gen. Counsel of Blueknight Energy Partners G.P., L.L.C. (Age 49)
  • Mr. Brian L. Melton, Chief Commercial Officer of Blueknight Energy Partners G.P., L.L.C. (Age 48)

Has Blueknight Energy Partners LP Common Stock been receiving favorable news coverage?

News articles about BKEP stock have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blueknight Energy Partners LP Common Stock earned a coverage optimism score of 0.13 on Accern's scale. They also gave news headlines about the pipeline company an impact score of 46.38 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Blueknight Energy Partners LP Common Stock's major shareholders?

Blueknight Energy Partners LP Common Stock's stock is owned by many different of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.29%). Company insiders that own Blueknight Energy Partners LP Common Stock stock include Alex G Stallings, Duke R Ligon, Msd Partners, LP, Robert Howard Lampton and William Walter Lampton. View Institutional Ownership Trends for Blueknight Energy Partners LP Common Stock.

Which major investors are selling Blueknight Energy Partners LP Common Stock stock?

BKEP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. Company insiders that have sold Blueknight Energy Partners LP Common Stock company stock in the last year include Alex G Stallings and Msd Partners, LP. View Insider Buying and Selling for Blueknight Energy Partners LP Common Stock.

How do I buy shares of Blueknight Energy Partners LP Common Stock?

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 LP Common Stock's stock price today?

One share of BKEP stock can currently be purchased for approximately $2.95.

How big of a company is Blueknight Energy Partners LP Common Stock?

Blueknight Energy Partners LP Common Stock has a market capitalization of $125 million and generates $181.94 million in revenue each year. The pipeline company earns $20.04 million in net income (profit) each year or ($0.09) on an earnings per share basis. Blueknight Energy Partners LP Common Stock employs 370 workers across the globe.

How can I contact Blueknight Energy Partners LP Common Stock?

Blueknight Energy Partners LP Common Stock's 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 LP Common Stock (NASDAQ BKEP)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  380
MarketBeat's community ratings are surveys of what our community members think about Blueknight Energy Partners LP Common Stock 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 7/19/2018 by MarketBeat.com Staff

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