NASDAQ:BKEPBlueknight Energy Partners Stock Price, Forecast & News

Blueknight Energy Partners' stock was trading at $0.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BKEP shares have increased by 61.6% and is now trading at $1.39. View which stocks have been most impacted by Coronavirus.

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

Blueknight Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Blueknight Energy Partners.

Blueknight Energy Partners LP (NASDAQ:BKEP) posted its quarterly earnings data on Wednesday, May, 6th. The pipeline company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.13) by $0.02. The pipeline company earned $79.11 million during the quarter. Blueknight Energy Partners had a net margin of 4.11% and a negative return on equity of 5.32%. View Blueknight Energy Partners' earnings history.

Blueknight Energy Partners declared a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, May 4th will be given a dividend of $0.04 per share on Thursday, May 14th. This represents a $0.16 annualized dividend and a dividend yield of 11.51%. The ex-dividend date of this dividend is Friday, May 1st. View Blueknight Energy Partners' dividend history.

1 equities research analysts have issued 1-year price targets for Blueknight Energy Partners' stock. Their forecasts range from $1.00 to $1.00. On average, they expect Blueknight Energy Partners' stock price to reach $1.00 in the next year. This suggests that the stock has a possible downside of 28.1%. View analysts' price targets for Blueknight Energy Partners.

Media coverage about BKEP stock has trended very negative on Friday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blueknight Energy Partners earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutBlueknight Energy Partners.

Blueknight Energy Partners saw a decline in short interest in May. As of May 15th, there was short interest totaling 245,700 shares, a decline of 14.7% from the April 30th total of 287,900 shares. Based on an average daily trading volume, of 199,900 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.7% of the shares of the stock are short sold. View Blueknight Energy Partners' Current Options Chain.

Some companies that are related to Blueknight Energy Partners include Enbridge (ENB), Mplx (MPLX), Phillips 66 Partners (PSXP), Magellan Midstream Partners (MMP), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and PBF Logistics (PBFX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blueknight Energy Partners investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), AT&T (T), Navios Maritime Midstream Partners (NAP), Cornerstone Strategic Value Fund (CLM), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP) and Dynagas LNG Partners (DLNG).

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

Blueknight Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include UBS Group AG (0.09%). Company insiders that own Blueknight Energy Partners stock include D Andrew Woodward, Mark A Hurley and Robert Howard Lampton. View institutional ownership trends for Blueknight Energy Partners.

BKEP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of BKEP stock can currently be purchased for approximately $1.39.

Blueknight Energy Partners has a market capitalization of $57.04 million and generates $371.07 million in revenue each year. Blueknight Energy Partners employs 285 workers across the globe.

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

Blueknight Energy Partners' mailing address is 6060 AMERICAN PLAZA SUITE 600, TULSA OK, 74135. The pipeline company can be reached via phone at 918-237-4000 or via email at [email protected]