Blueknight Energy Partners L.P. Company Profile (NASDAQ:BKEP)

About Blueknight Energy Partners L.P. (NASDAQ:BKEP)

Blueknight Energy Partners L.P. logoBlueknight Energy Partners, L.P. is a master limited partnership company. The Company manages its operations through four segments: asphalt terminaling services, crude oil terminaling and storage services, crude oil pipeline services, and crude oil trucking and producer field services. Asphalt terminaling services segment operations generally consist of fee based activities associated with providing storage, terminaling and throughput services for asphalt product and residual fuel oil. Crude oil terminaling and storage segment operations generally consist of fee based activities associated with providing storage, terminaling, and throughput services for crude oil. Crude oil pipeline services segment operations generally consist of fee-based activity associated with transporting crude oil products on pipelines. Crude oil trucking and producer field services segment operations generally consist of fee-based activity associated with transporting crude oil products on trucks.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BKEP
  • CUSIP: N/A
  • Web: www.bkep.com
Capitalization:
  • Market Cap: $265.76 million
  • Outstanding Shares: 38,155,000
Average Prices:
  • 50 Day Moving Avg: $6.87
  • 200 Day Moving Avg: $6.86
  • 52 Week Range: $4.79 - $7.55
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.80
  • P/E Growth: 19.5700
Sales & Book Value:
  • Annual Revenue: $182.73 million
  • Price / Sales: 1.45
  • Book Value: $12.12 per share
  • Price / Book: 0.57
Dividend:
  • Annual Dividend: $0.58
  • Dividend Yield: 8.4%
Profitability:
  • EBIDTA: $65.29 million
  • Net Margins: -13.49%
  • Return on Equity: -15.87%
  • Return on Assets: 5.81%
Debt:
  • Debt-to-Equity Ratio: -1.90%
  • Current Ratio: 1.15%
  • Quick Ratio: 1.15%
Misc:
  • Average Volume: 44,744 shs.
  • Beta: 0.76
  • Short Ratio: 0.48
 

Frequently Asked Questions for Blueknight Energy Partners L.P. (NASDAQ:BKEP)

What is Blueknight Energy Partners L.P.'s stock symbol?

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

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

Blueknight Energy Partners L.P. announced a quarterly dividend on Wednesday, April 19th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.145 per share on Monday, May 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date of this dividend is Wednesday, May 3rd. View Blueknight Energy Partners L.P.'s Dividend History.

How were Blueknight Energy Partners L.P.'s earnings last quarter?

Blueknight Energy Partners L.P. (NASDAQ:BKEP) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.06. The firm earned $46.34 million during the quarter, compared to the consensus estimate of $46.75 million. Blueknight Energy Partners L.P. had a negative net margin of 13.49% and a negative return on equity of 15.87%. View Blueknight Energy Partners L.P.'s Earnings History.

When will Blueknight Energy Partners L.P. make its next earnings announcement?

Blueknight Energy Partners L.P. is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Blueknight Energy Partners L.P..

Where is Blueknight Energy Partners L.P.'s stock going? Where will Blueknight Energy Partners L.P.'s stock price be in 2017?

2 analysts have issued 1-year price objectives for Blueknight Energy Partners L.P.'s shares. Their predictions range from $7.20 to $8.00. On average, they expect Blueknight Energy Partners L.P.'s stock price to reach $7.60 in the next twelve months. View Analyst Ratings for Blueknight Energy Partners L.P..

Who are some of Blueknight Energy Partners L.P.'s key competitors?

Who owns Blueknight Energy Partners L.P. stock?

Blueknight Energy Partners L.P.'s stock is owned by many different of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (16.44%), OppenheimerFunds Inc. (5.33%), Bank of America Corp DE (3.60%), Morgan Stanley (0.92%), Spirit of America Management Corp NY (0.58%) and UBS Group AG (0.50%). Company insiders that own Blueknight Energy Partners L.P. stock include Alex G Stallings, Msd Partners, LP and William Walter Lampton. View Institutional Ownership Trends for Blueknight Energy Partners L.P..

Who sold Blueknight Energy Partners L.P. stock? Who is selling Blueknight Energy Partners L.P. stock?

Blueknight Energy Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, Goldman Sachs Group Inc., Wells Fargo & Company MN and Fic Capital Inc.. Company insiders that have sold Blueknight Energy Partners L.P. stock in the last year include Alex G Stallings and Msd Partners, LP. View Insider Buying and Selling for Blueknight Energy Partners L.P..

Who bought Blueknight Energy Partners L.P. stock? Who is buying Blueknight Energy Partners L.P. stock?

Blueknight Energy Partners L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, OppenheimerFunds Inc., Bank of America Corp DE, Prescott Group Capital Management L.L.C., Taylor Wealth Management Partners, Independent Advisor Alliance, Hancock Holding Co. and Renaissance Technologies LLC. View Insider Buying and Selling for Blueknight Energy Partners L.P..

How do I buy Blueknight Energy Partners L.P. stock?

Shares of Blueknight Energy Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Blueknight Energy Partners L.P. stock cost?

One share of Blueknight Energy Partners L.P. stock can currently be purchased for approximately $6.97.

Analyst Ratings

Consensus Ratings for Blueknight Energy Partners L.P. (NASDAQ:BKEP) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.60 (9.11% upside)

Analysts' Ratings History for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/7/2016DA DavidsonInitiated CoverageBuy$7.20N/AView Rating Details
7/22/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$5.00 -> $8.00N/AView Rating Details
5/19/2016Janney Montgomery ScottInitiated CoverageNeutral$6.00N/AView Rating Details
11/6/2015Royal Bank of CanadaDowngradeOutperform -> Sector Perform$9.00 -> $7.00N/AView Rating Details
8/11/2015Barclays PLCLower Price TargetUnderweight$7.00 -> $6.00N/AView Rating Details
6/16/2015Summit ResearchInitiated CoverageNeutralN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Earnings by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Earnings History by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
5/3/2017Q1 2017($0.02)($0.08)$46.75 million$46.34 millionViewListenView Earnings Details
3/8/2017Q4 2016$0.04($0.10)$49.67 million$46.02 millionViewListenView Earnings Details
11/1/2016Q3$0.01$0.13$47.36 million$46.94 millionViewN/AView Earnings Details
8/2/2016Q2($0.18)$0.06$43.86 million$46.57 millionViewN/AView Earnings Details
11/4/2015Q315$0.14$0.21$46.24 million$48.40 millionViewN/AView Earnings Details
8/5/2015Q215$0.02$0.06$47.18 million$45.80 millionViewN/AView Earnings Details
3/10/2015Q4 2014$0.06$0.10$46.03 millionViewN/AView Earnings Details
11/5/2014Q3 2014$0.15$0.20$51.40 million$48.36 millionViewN/AView Earnings Details
8/5/2014Q2 2014$0.08($0.08)$45.80 millionViewN/AView Earnings Details
5/6/2014Q1 2014$0.04($0.07)$46.44 millionViewN/AView Earnings Details
3/11/2014$0.14($0.01)ViewN/AView Earnings Details
5/7/2013Q1 13($0.01)$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.04$0.04$0.04
Q2 20171$0.02$0.02$0.02
Q3 20171$0.20$0.20$0.20
Q4 20171$0.10$0.10$0.10
Q1 20181($0.01)($0.01)($0.01)
Q2 20181$0.07$0.07$0.07
Q3 20181$0.23$0.23$0.23
Q4 20181$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Most Recent Dividend:5/15/2017
Annual Dividend:$0.58
Dividend Yield:8.33%
Payout Ratio:-42.34% (Trailing 12 Months of Earnings)
828.57% (Based on This Year's Estimates)
214.81% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)

Dividend History by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/19/2017quarterly$0.158.66%5/3/20175/5/20175/15/2017
1/20/2017quarterly$0.157.95%2/1/20172/3/20172/14/2017
10/21/2016quarterly$0.159.87%11/2/201611/4/201611/14/2016
7/20/2016quarterly$0.159.03%7/29/20168/2/20168/12/2016
4/20/2016quarterly$0.1511.39%4/29/20165/3/20165/13/2016
1/21/2016quarterly$0.1512.16%1/29/20162/2/20162/12/2016
10/23/2015quarterly$0.159.57%10/30/201511/3/201511/13/2015
7/22/2015quarterly$0.148.04%7/31/20158/4/20158/14/2015
4/22/2015quarterly$0.146.71%5/1/20155/5/20155/15/2015
1/22/2015quarterly$0.147.88%1/30/20152/3/20152/13/2015
10/23/2014quarterly$0.136.8%10/31/201411/4/201411/14/2014
7/22/2014quarterly$0.135.96%7/31/20148/4/20148/14/2014
4/23/2014quarterly$0.135.65%5/1/20145/5/20145/15/2014
1/22/2014quarterly$0.135.59%1/31/20142/4/20142/14/2014
10/24/2013quarterly$0.125.76%10/31/201311/4/201311/14/2013
7/22/2013quarterly$0.125.5%7/31/20138/2/20138/14/2013
4/22/2013quarterly$0.125.52%5/1/20135/3/20135/15/2013
1/23/2013quarterly$0.125.94%1/31/20132/4/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 61.81%
Insider Trades by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Institutional Ownership by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Insider Trades by Quarter for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2017Alex G StallingsCFOSell8,000$6.70$53,600.00View SEC Filing  
12/16/2016William Walter LamptonDirectorBuy3,600$6.98$25,128.00View SEC Filing  
11/21/2016William Walter LamptonDirectorBuy24,000$6.40$153,600.00View SEC Filing  
8/25/2016Msd Partners, L.P.Major ShareholderSell320,554$5.80$1,859,213.20View SEC Filing  
12/11/2014Alex G StallingsCFOBuy1,000$6.27$6,270.00View SEC Filing  
11/20/2014Mark A HurleyCEOBuy7,500$6.96$52,200.00View SEC Filing  
9/5/2014Mark A HurleyCEOSell3,000$8.63$25,890.00View SEC Filing  
9/4/2014Mark A HurleyCEOBuy5,000$8.69$43,450.00View SEC Filing  
9/3/2014Mark A HurleyCEOSell4,000$8.66$34,640.00View SEC Filing  
9/2/2014Mark A HurleyCEOBuy5,000$8.89$44,450.00View SEC Filing  
8/29/2014Mark A HurleyCEOSell3,000$8.60$25,800.00View SEC Filing  
8/28/2014Mark A HurleyCEOSell4,000$8.63$34,520.00View SEC Filing  
8/26/2014Mark A HurleyCEOBuy2,000$8.69$17,380.00View SEC Filing  
8/25/2014Mark A HurleyCEOBuy4,000$8.67$34,680.00View SEC Filing  
8/22/2014Mark A HurleyCEOSell3,000$8.70$26,100.00View SEC Filing  
8/21/2014Mark A HurleyCEOSell3,500$8.70$30,450.00View SEC Filing  
8/19/2014Mark A HurleyCEOBuy3,000$8.80$26,400.00View SEC Filing  
8/18/2014Mark A HurleyCEOSell1,500$8.73$13,095.00View SEC Filing  
8/13/2014Mark A HurleyCEOBuy2,500$8.64$21,600.00View SEC Filing  
8/11/2014Mark A HurleyCEOBuy2,500$8.52$21,300.00View SEC Filing  
11/11/2013Duke R LigonDirectorBuy8,000$8.94$71,520.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Latest Headlines for Blueknight Energy Partners L.P. (NASDAQ:BKEP)
Source:
DateHeadline
seekingalpha.com logoBlueknight Energy Partners (BKEP) Presents At Stephens Energy Executive Summit - Slideshow
seekingalpha.com - May 19 at 3:52 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Forecasted to Earn Q2 2017 Earnings of $0.02 Per Share
www.americanbankingnews.com - May 11 at 9:14 AM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - May 10 at 7:36 PM
finance.yahoo.com logoBlueKnight Energy Partners LP LLC :BKEP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 4:08 PM
americanbankingnews.com logoInsider Selling: Blueknight Energy Partners L.P. (BKEP) CFO Sells 8,000 Shares of Stock
www.americanbankingnews.com - May 9 at 8:26 PM
finance.yahoo.com logoEdited Transcript of BKEP earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 6 at 4:18 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Issues Earnings Results, Misses Estimates By $0.06 EPS
www.americanbankingnews.com - May 4 at 4:42 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Given News Impact Rating of 0.15
www.americanbankingnews.com - May 4 at 4:32 PM
finance.yahoo.com logoBlueknight Announces First Quarter 2017 Results
finance.yahoo.com - May 3 at 9:02 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Expected to Post Quarterly Sales of $46.75 Million
www.americanbankingnews.com - May 3 at 1:09 PM
americanbankingnews.com logo-$0.02 Earnings Per Share Expected for Blueknight Energy Partners L.P. (BKEP) This Quarter
www.americanbankingnews.com - May 1 at 10:10 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Receives Media Impact Score of 0.29
www.americanbankingnews.com - May 1 at 2:38 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 8:30 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Impact Blueknight Energy Partners L.P. (BKEP) Stock Price
www.americanbankingnews.com - April 28 at 11:56 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Earns Daily Media Sentiment Score of 0.33
www.americanbankingnews.com - April 25 at 3:50 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Earns Coverage Optimism Rating of 0.27
www.americanbankingnews.com - April 22 at 10:47 AM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) to Issue Quarterly Dividend of $0.15
www.americanbankingnews.com - April 19 at 5:56 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Earns News Impact Score of 0.29
www.americanbankingnews.com - April 19 at 10:44 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Blueknight Energy Partners L.P. (BKEP) Share Price
www.americanbankingnews.com - April 16 at 11:52 AM
americanbankingnews.com logoShort Interest in Blueknight Energy Partners L.P. (BKEP) Increases By 26.2%
www.americanbankingnews.com - April 13 at 6:19 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Given Daily Media Sentiment Rating of 0.20
www.americanbankingnews.com - April 13 at 5:52 PM
americanbankingnews.com logo-$0.02 EPS Expected for Blueknight Energy Partners L.P. (BKEP) This Quarter
www.americanbankingnews.com - April 10 at 4:15 PM
americanbankingnews.com logoBlueknight Energy Partners L.P. (BKEP) Cut to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - March 16 at 10:21 PM
finance.yahoo.com logoBLUEKNIGHT ENERGY PARTNERS, L.P. Financials
finance.yahoo.com - March 15 at 4:13 PM
businesswire.com logoBlueknight Announces Fourth Quarter and Full Year 2016 Results - Business Wire (press release)
www.businesswire.com - March 10 at 4:47 PM
finance.yahoo.com logoEdited Transcript of BKEP earnings conference call or presentation 9-Mar-17 7:30pm GMT
finance.yahoo.com - March 10 at 4:47 PM
seekingalpha.com logoBlueknight Energy Partners' (BKEP) CEO Mark Hurley on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 9 at 9:30 PM
biz.yahoo.com logoBLUEKNIGHT ENERGY PARTNERS, L.P. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 9 at 4:29 PM
seekingalpha.com logoBlueknight Energy Partners EPS of -$0.18
seekingalpha.com - March 9 at 2:41 AM
finance.yahoo.com logoBlueknight Announces Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - March 8 at 9:39 PM
biz.yahoo.com logoBLUEKNIGHT ENERGY PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
biz.yahoo.com - March 8 at 9:39 PM
biz.yahoo.com logoQ4 2016 Blueknight Energy Partners LP Earnings Release - After Market Close
biz.yahoo.com - March 8 at 4:39 PM
streetinsider.com logoForm 8-K Blueknight Energy Partne For: Feb 24
www.streetinsider.com - February 24 at 11:15 PM
seekingalpha.com logoBlueknight Energy Partners (BKEP)
seekingalpha.com - February 14 at 2:33 AM
nasdaq.com logoBlueknight Energy Partners L.P., L.L.C. (BKEP) Ex-Dividend Date Scheduled for February 01, 2017 - Nasdaq
www.nasdaq.com - January 31 at 9:16 PM
streetinsider.com logoBlueKnight Energy Partners (BKEP) Declares $0.1450 Quarterly Dividend; 8% Yield
www.streetinsider.com - January 20 at 10:01 PM
biz.yahoo.com logoBLUEKNIGHT ENERGY PARTNERS, L.P. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 19 at 8:34 PM
biz.yahoo.com logoBLUEKNIGHT ENERGY PARTNERS, L.P. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - January 18 at 2:40 AM
seekingalpha.com logoBlueknight Energy Partners (BKEP) presents at Wells Fargo Annual Pipeline MLP and Utility Symposium Conference
seekingalpha.com - December 9 at 2:05 AM

Social

Chart

Blueknight Energy Partners L.P. (BKEP) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff