NASDAQ:BKEPBlueknight Energy Partners Stock Price, Forecast & News

Blueknight Energy Partners' stock was trading at $0.86 on March 11th, 2020 when 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) issued its earnings results on Wednesday, May, 6th. The pipeline company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.02. The pipeline company had revenue of $79.11 million for the quarter. Blueknight Energy Partners had a negative return on equity of 5.32% and a net margin of 4.11%. View Blueknight Energy Partners' earnings history.

Blueknight Energy Partners declared a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, May 4th will be paid a dividend of $0.04 per share on Thursday, May 14th. This represents a $0.16 dividend on an annualized basis 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 brokers have issued 12-month price targets for Blueknight Energy Partners' shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate Blueknight Energy Partners' share 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 been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blueknight Energy Partners earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutBlueknight Energy Partners.

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

Some companies that are related to Blueknight Energy Partners include Enbridge (ENB), Mplx (MPLX), Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), NuStar Energy (NS), Plains GP (PAGP), 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 many different institutional and retail investors. Top institutional shareholders 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 $57.03 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]