NASDAQ:BKEP Blueknight Energy Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Blueknight Energy Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.44 +0.01 (+0.49 %) (As of 09/25/2020 10:24 AM ET) Add Compare Share Today's Range$1.44Now: $1.44▼$1.4550-Day Range$1.40MA: $1.51▼$1.6952-Week Range$0.53Now: $1.44▼$1.79Volume2,400 shsAverage Volume156,033 shsMarket Capitalization$59.24 millionP/E RatioN/ADividend Yield11.19%Beta2.19 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Blueknight 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 operates through four segments: Asphalt Terminalling Services, Crude Oil Terminalling Services, Crude Oil Pipeline Services, and Crude Oil Trucking Services. 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 1, 2019, this segment had 53 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 646 miles; and purchases crude oil from production leases in Oklahoma and markets those barrels at the Cushing Interchange. Its Crude Oil Trucking Services segment owns and leases tanker trucks for gathering crude oil for its customers at remote wellhead locations. This segment owns or leases approximately 60 tanker 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.Read More Beat the Market (BTM) Rank™ 0.5 Analyst's Opinion Consensus RatingBlueknight Energy Partners has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.00, Blueknight Energy Partners has a forecasted downside of 30.6% from its current price of $1.44.Amount of Analyst CoverageBlueknight Energy Partners has received no research coverage in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesBlueknight Energy Partners has received 232 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBlueknight Energy Partners has received 403 “underperform” votes. (Add your “underperform” vote.)Community SentimentBlueknight Energy Partners has received 63.46% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipBlueknight Energy Partners is a leading dividend payer. It pays a dividend yield of 11.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlueknight Energy Partners has only been increasing its dividend for 1 years. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blueknight Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.70% of the stock of Blueknight Energy Partners is held by insiders.Percentage Held by InstitutionsOnly 20.78% of the stock of Blueknight Energy Partners is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Blueknight Energy Partners is -4.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blueknight Energy Partners is -4.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 0.5Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.79 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:BKEP Previous Symbol CUSIPN/A CIK1392091 Webwww.bkep.com Phone918-237-4000Debt Debt-to-Equity RatioN/A Current Ratio0.74 Quick Ratio0.74Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$371.07 million Price / Sales0.16 Cash Flow$1.11 per share Price / Cash Flow1.30 Book Value($6.74) per share Price / Book-0.21Profitability EPS (Most Recent Fiscal Year)N/A Net Income$18.41 million Net Margins4.01% Return on Equity-4.52% Return on Assets4.24%Miscellaneous Employees285 Outstanding Shares41,141,000Market Cap$59.24 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $1.44 +0.01 (+0.49 %) (As of 09/25/2020 10:24 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive BKEP News and Ratings via Email Sign-up to receive the latest news and ratings for BKEP and its competitors with MarketBeat's FREE daily newsletter. Blueknight Energy Partners (NASDAQ:BKEP) Frequently Asked Questions How has Blueknight Energy Partners' stock been impacted by COVID-19 (Coronavirus)? 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. Since then, BKEP shares have increased by 67.4% and is now trading at $1.44. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Blueknight Energy Partners? 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. When is Blueknight Energy Partners' next earnings date? Blueknight Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Blueknight Energy Partners. How were Blueknight Energy Partners' earnings last quarter? Blueknight Energy Partners LP (NASDAQ:BKEP) posted its quarterly earnings data on Wednesday, August, 5th. The pipeline company reported ($0.12) earnings per share (EPS) for the quarter. The pipeline company earned $53.44 million during the quarter. Blueknight Energy Partners had a net margin of 4.01% and a negative return on equity of 4.52%. View Blueknight Energy Partners' earnings history. 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 16th. Shareholders of record on Tuesday, August 4th will be given a dividend of $0.04 per share on Friday, August 14th. This represents a $0.16 annualized dividend and a yield of 11.11%. The ex-dividend date of this dividend is Monday, August 3rd. View Blueknight Energy Partners' dividend history. What price target have analysts set for BKEP? 1 Wall Street analysts have issued 12 month price targets for Blueknight Energy Partners' shares. 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 twelve months. This suggests that the stock has a possible downside of 30.6%. View analysts' price targets for Blueknight Energy Partners. Are investors shorting Blueknight Energy Partners? Blueknight Energy Partners saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 59,900 shares, an increase of 63.7% from the August 15th total of 36,600 shares. Based on an average daily trading volume, of 145,200 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company's stock are sold short. View Blueknight Energy Partners' Short Interest. Who are some of Blueknight Energy Partners' key competitors? 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), Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), Noble Midstream Partners (NBLX) and PBF Logistics (PBFX). View all competitors. What other stocks do shareholders of Blueknight Energy Partners own? 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), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), AT&T (T), Navios Maritime Midstream Partners (NAP), Cornerstone Strategic Value Fund (CLM), Cornerstone Total Return Fund (CRF) and Alliance Resource Partners (ARLP). Who are Blueknight Energy Partners' key executives? Blueknight Energy Partners' management team includes the following people: Mr. Mark A. Hurley, Chief Exec. Officer of Blueknight Energy Partners G.P., L.L.C. (Age 60)Mr. Jeffery A. Speer, Chief Operating Officer of Blueknight Energy Partners G.P., L.L.C. (Age 52)Mr. Joel W. Kanvik, Chief Legal Officer & Sec. of Blueknight Energy Partners G.P., L.L.C. (Age 50)Mr. Brian L. Melton, Chief Commercial Officer of Blueknight Energy Partners G.P., L.L.C. (Age 49)Mr. Michael G. McLanahan, Chief Accounting Officer of Blueknight Energy Partners G.P., L.L.C. (Age 36) What is Blueknight Energy Partners' stock symbol? Blueknight Energy Partners trades on the NASDAQ under the ticker symbol "BKEP." Who are Blueknight Energy Partners' major shareholders? Blueknight Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Zazove Associates LLC (6.37%), Zazove Associates LLC (6.37%) and Neuberger Berman Group LLC (0.93%). Company insiders that own Blueknight Energy Partners stock include D Andrew Woodward and Robert Howard Lampton. View institutional ownership trends for Blueknight Energy Partners. Which institutional investors are selling Blueknight Energy Partners stock? BKEP stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC. View insider buying and selling activity for Blueknight Energy Partners. Which institutional investors are buying Blueknight Energy Partners stock? BKEP stock was purchased by a variety of institutional investors in the last quarter, including Zazove Associates LLC, and Zazove Associates LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Blueknight Energy Partners' stock price today? One share of BKEP stock can currently be purchased for approximately $1.44. How big of a company is Blueknight Energy Partners? Blueknight Energy Partners has a market capitalization of $59.24 million and generates $371.07 million in revenue each year. Blueknight Energy Partners employs 285 workers across the globe. What is Blueknight Energy Partners' official website? The official website for Blueknight Energy Partners is www.bkep.com. How can I contact Blueknight Energy Partners? 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
