NASDAQ:BKEP - Blueknight Energy Partners, L.P Stock Price & Analysis

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

(NASDAQ:BKEP) 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 liquid asphalt product and residual fuel oil. As of March 23, 2020, 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 611 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 63 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 Tulsa, Oklahoma.

BKEP Stock Price

Statistics Highlights (NASDAQ:BKEP)

Shares Outstanding	41.86M	Beta	2.15
Public Float	34.52M	P/E Ratio	2.25
% Short of Float	-	Dividend (Yield)	0.16 (0.04%)
Held by Insiders	9.01%	Ex-Dividend Date	Feb 4, 2022
Held by Institutions	31.64%	IPO Date	Jul 18, 2007

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BKEP Financial Summary

	Dec 21	Dec 20	Dec 19
Revenue	$5.29M	$110.25M	$371.07M
EBITDA	$-4.96M	$14.19M	$58.91M
Net Income	$-4.97M	$-13.48M	$18.41M
Total Assets	$136.90M	$233.02M	$301.94M
Total Cash	$1.17M	$805.00K	$558.00K
Total Debt	$10.97M	$254.28M	$257.98M

	Dec 21	Sep 21	Jun 21
Revenue	$-79.88M	$30.34M	$27.76M
EBITDA	$-109.13M	$16.31M	$20.45M
Net Income	$-106.50M	$12.60M	$7.28M
Total Assets	$136.90M	$138.37M	$140.96M
Total Cash	$1.17M	$555.00K	$415.00K
Total Debt	$10.97M	$108.48M	$118.81M

BKEP Stock Price History

Blueknight Energy Partners, L.P Annual Stock Price History

Year	Open	Close	Change
2022	$3.26	$3.35	2.76%
2021	$1.96	$3.26	66.33%
2020	$1.17	$1.96	67.52%

Blueknight Energy Partners, L.P Daily Stock Price History

Date	Open	High	Low	Close	Change	Volume
May 17, 2022	$4.51	$4.53	$4.50	$4.51	-0.22%	324.96K
May 16, 2022	$4.51	$4.54	$4.51	$4.52	0.44%	225.55K

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(NASDAQ:BKEP) Stock Price FAQs

What is today's stock price of Blueknight Energy Partners, L.P (NASDAQ:BKEP)?

The current stock price of Blueknight Energy Partners, L.P (NASDAQ:BKEP) is $3.35.
Today BKEP stock price opened at $3.30 after previous close of $3.31.
During the day, Blueknight Energy Partners, L.P stock quote has varied from a low of $3.22 to a high of $3.35.

What is Blueknight Energy Partners, L.P's 52-week change?

BKEP 52-week high stock quote is $4.60, which is 37.30% above the current share price.
The Blueknight Energy Partners, L.P (NASDAQ:BKEP) 52-week low stock price is $2.89, which is 13.60% below the current share price.
Blueknight Energy Partners, L.P share price volatility (52-week beta) is 2.15.

Is Blueknight Energy Partners, L.P a buy?

According to 1 analysts, the current consensus recommendation for Blueknight Energy Partners, L.P stock is "Hold" at an average rating score of 3.00 (out of 5).
There are currently 0 "Strong Buy", 0 "Buy", 1 "Hold", 0 "Sell", and 0 "Strong Sell" analysts recommendations for the BKEP stock.
The 12 month average price target forecast for BKEP stock is $2.00, representing a 40.30% decrease from the current BKEP stock price of $3.35.

Blueknight Energy Partners, L.P (NASDAQ:BKEP) FAQ

How Much is Blueknight energy partners, l.p Worth?

Blueknight energy partners, l.p's worth today based on market capitalisation is $190.87M

How much dividend does Blueknight energy partners, l.p Pay?

The current annualized dividend payout for BKEP stock is $0.17, the dividend yield is 3.73% and the payout ratio is 43.86%.
View More Details on Blueknight energy partners, l.p's "Dividend" Section

When is the next earnings date for Blueknight energy partners, l.p (NASDAQ:BKEP)?

Blueknight energy partners, l.p is expected to report earnings on August 01 ,2022.
View More Details on Blueknight energy partners, l.p's 'Earnings' Section

What is Blueknight energy partners, l.p’s Price to Earning (PE) ratio?

Blueknight energy partners, l.p has a Price to Earning (P/E) ratio of 2.25. BKEP stock also has a Price to Sales (P/S) ratio of 1.65, a Price to Book of 25.26 and Price/Earnings to Growth (PEG) of 0.00.

What is the Blueknight energy partners, l.p's ticker?

Blueknight energy partners, l.p trades on the NASDAQ stock market in USA under the ticker symbol "BKEP". Blueknight energy partners, l.p’s stock symbol can also be displayed as "NASDAQ:BKEP".

When did BKEP go public?

Blueknight energy partners, l.p completed its initial public offering (IPO) on July 18 ,2007.

Who are the owners of Blueknight energy partners, l.p?

Blueknight energy partners, l.p (NASDAQ:BKEP) is owned by 31.64% institutional shareholders and by 9.01% insiders. The rest is owned by the public.
The 3 top institutional shareholders are "DG Capital Management, LLC", "Zazove Associates LLC" and "Amvescap Plc.", representing 20.30% of Blueknight energy partners, l.p’s total shares outstanding.
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Who are the key executives of Blueknight energy partners, l.p (BKEP)?

Blueknight energy partners, l.p's key executive team includes the following managers:

Mr. D. Andrew Woodward, Chief Exec. Officer of Blueknight Energy Partners G.P., L.L.C. (1983)
Mr. Jeffery A. Speer, Chief Operating Officer of Blueknight Energy Partners G.P., L.L.C. (1967)
Mr. Joel W. Kanvik J.D., Chief Legal Officer & Sec. of Blueknight Energy Partners G.P., L.L.C. (1969)
Mr. Matthew R. Lewis, Chief Financial Officer of Blueknight Energy Partners G.P., L.L.C. (1986)
Mr. Michael G. McLanahan, Chief Accounting Officer of Blueknight Energy Partners G.P., L.L.C. (1983)

What is Blueknight energy partners, l.p’s Sector & Industry Classification?

Blueknight energy partners, l.p (NASDAQ:BKEP) is classified under the "Energy" sector and under the "Oil & Gas Midstream" industry.

How many employees work for Blueknight energy partners, l.p?

Currently the number of employees working for Blueknight energy partners, l.p is 130.

Where are Blueknight energy partners, l.p's Headquarters?

Blueknight energy partners, l.p (NASDAQ:BKEP) is headquartered in OK, United States.

What are Blueknight energy partners, l.p's Address and Phone Number?

Blueknight energy partners, l.p’s mailing address is 6060 American Plaza, Tulsa, OK, United States, 74135.
The company’s phone number is 918 237 4000.

What is the official website for Blueknight energy partners, l.p?

Blueknight energy partners, l.p’s official website is http://www.bkep.com

Blueknight Energy Partners, L.P Stock (NASDAQ:BKEP)