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

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$2.40 -0.02 (-0.83 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$2.42
Today's Range$2.35 - $2.45
52-Week Range$2.35 - $5.95
Volume192,000 shs
Average Volume180,211 shs
Market Capitalization$84.30 million
P/E Ratio-26.67
Dividend Yield13.33%
Beta0.65
Blueknight Energy Partners 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-1.31
Current Ratio0.98
Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio-26.67
Forward P/E Ratio-12.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$181.94 million
Price / Sales0.46
Cash Flow$0.7668 per share
Price / Cash3.13
Book Value($6.52) per share
Price / Book-0.37

Profitability

EPS (Most Recent Fiscal Year)($0.09)
Net Income$20.04 million
Net Margins4.51%
Return on Equity-4.82%
Return on Assets3.43%

Miscellaneous

Employees370
Outstanding Shares35,130,000
Market Cap$84.30 million

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 declared a quarterly dividend on Thursday, July 19th. Investors of record on Friday, August 3rd will be paid a dividend of $0.08 per share on Tuesday, August 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date is Thursday, August 2nd. View Blueknight Energy Partners' Dividend History.

How were Blueknight Energy Partners' earnings last quarter?

Blueknight Energy Partners LP (NASDAQ:BKEP) announced its earnings results on Wednesday, August, 1st. The pipeline company reported ($0.11) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.03. The pipeline company had revenue of $83.49 million for the quarter, compared to analysts' expectations of $44.86 million. Blueknight Energy Partners had a net margin of 4.51% and a negative return on equity of 4.82%. 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 Tuesday, October, 30th 2018. View Earnings Estimates for Blueknight Energy Partners.

What price target have analysts set for BKEP?

4 Wall Street analysts have issued 12-month target prices for Blueknight Energy Partners' stock. Their forecasts range from $3.00 to $6.00. On average, they expect Blueknight Energy Partners' share price to reach $4.00 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price. View Analyst Price Targets for Blueknight Energy Partners.

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

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

Who are some of Blueknight Energy Partners' key competitors?

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 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 been receiving favorable news coverage?

Media headlines about BKEP stock have trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blueknight Energy Partners earned a daily sentiment score of 0.18 on Accern's scale. They also gave news articles about the pipeline company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Blueknight Energy Partners.

Who are Blueknight Energy Partners' major shareholders?

Blueknight Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include OppenheimerFunds Inc. (6.18%), Prescott Group Capital Management L.L.C. (2.93%), Zazove Associates LLC (0.96%), Bank of America Corp DE (0.68%) and Spirit of America Management Corp NY (0.29%). 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 Bank of America Corp DE and Spirit of America Management Corp NY. Company insiders that have sold Blueknight Energy Partners company stock in the last year include Alex G Stallings and Msd Partners, LP. 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, Prescott Group Capital Management L.L.C. and OppenheimerFunds Inc.. 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 $2.40.

How big of a company is Blueknight Energy Partners?

Blueknight Energy Partners has a market capitalization of $84.30 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 employs 370 workers across the globe.

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:  1.6 out of 5 (star)
Outperform Votes:  141 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  445
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 9/22/2018 by MarketBeat.com Staff

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