Blueknight Energy Partners Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blueknight Energy Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Blueknight Energy Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKEP, but not buy additional shares or sell existing shares.
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Blueknight Energy Partners saw a drop in short interest in August. As of August 13th, there was short interest totaling 39,600 shares, a drop of 20.0% from the July 29th total of 49,500 shares. Based on an average daily volume of 142,800 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company's shares are sold short.
View Blueknight Energy Partners' Short Interest.

Blueknight Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Blueknight Energy Partners.

Blueknight Energy Partners, L.P. (NASDAQ:BKEP) announced its quarterly earnings data on Tuesday, August, 3rd. The pipeline company reported $0.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.05. The pipeline company had revenue of $27.76 million for the quarter. Blueknight Energy Partners had a negative trailing twelve-month return on equity of 13.13% and a net margin of 43.49%.
View Blueknight Energy Partners' earnings history.

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 stock has increased by 262.8% and is now trading at $3.12.
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Blueknight Energy Partners declared a quarterly dividend on Tuesday, July 27th. Stockholders of record on Friday, August 6th will be given a dividend of $0.04 per share on Friday, August 13th. This represents a $0.16 annualized dividend and a dividend yield of 5.13%. The ex-dividend date of this dividend is Thursday, August 5th.
View Blueknight Energy Partners' dividend history.

Blueknight Energy Partners pays an annual dividend of $0.16 per share and currently has a dividend yield of 5.21%. BKEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Blueknight Energy Partners' dividend history.

1 brokers have issued 1-year price objectives for Blueknight Energy Partners' stock. Their forecasts range from $2.00 to $2.00. On average, they expect Blueknight Energy Partners' stock price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 35.9%.
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13 employees have rated Blueknight Energy Partners CEO Mark Hurley on Glassdoor.com. Mark Hurley has an approval rating of 79% among Blueknight Energy Partners' employees.

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), Delek Logistics Partners (DKL), Plains GP (PAGP), Holly Energy Partners (HEP), NuStar Energy (NS), BP Midstream Partners (BPMP), Genesis Energy (GEL) and PBF Logistics (PBFX).
View all of BKEP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blueknight Energy Partners investors own include Energy Transfer (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).

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

Blueknight Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include DG Capital Management LLC (7.20%), JPMorgan Chase & Co. (2.70%), Morgan Stanley (2.62%), Morgan Stanley (2.62%), Cove Street Capital LLC (1.69%) and Marshall Wace LLP (0.61%). Company insiders that own Blueknight Energy Partners stock include D Andrew Woodward and Steven M Bradshaw.
View institutional ownership trends for Blueknight Energy Partners.

BKEP stock was sold by a variety of institutional investors in the last quarter, including Invenomic Capital Management LP, DG Capital Management LLC, Geode Capital Management LLC, JPMorgan Chase & Co., and Bank of America Corp DE.
View insider buying and selling activity for Blueknight Energy Partners or view top insider-selling stocks.

BKEP stock was bought by a variety of institutional investors in the last quarter, including Cove Street Capital LLC, Morgan Stanley, Morgan Stanley, Marshall Wace LLP, Marshall Wace LLP, Blackstone Inc, Blackstone Inc, and Susquehanna International Group LLP. Company insiders that have bought Blueknight Energy Partners stock in the last two years include D Andrew Woodward, and Steven M Bradshaw.
View insider buying and selling activity for Blueknight Energy Partners or or view top insider-buying stocks.

Shares of BKEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BKEP stock can currently be purchased for approximately $3.12.

Blueknight Energy Partners has a market capitalization of $129.52 million and generates $110.25 million in revenue each year.

Blueknight Energy Partners employs 147 workers across the globe.

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

Blueknight Energy Partners is headquartered at 6060 AMERICAN PLAZA SUITE 600, TULSA OK, 74135.

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].