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Blueknight Energy Partners LP (BKEP.OQ)

BKEP.OQ on NASDAQ Stock Exchange Global Market

5.45USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

MSD Partners reports 13.6 percent passive stake in Blueknight Energy
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Blueknight Energy Partners Lp :MSD Partners L.P. reports 13.6 percent passive stake in Blueknight Energy Partners LP as on October 31, 2017 - SEC filing‍​.  Full Article

Blueknight Energy Partners LP reports Q3 revenue of $47.5 mln
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Blueknight Energy Partners LP :Blueknight announces third quarter 2017 results and anticipated acquisitions.Q3 revenue $47.5 million versus $46.9 million.Blueknight Energy Partners LP qtrly ‍diluted net income per common unit $0.08​.  Full Article

Blueknight Energy Partners says unit and Vitol executed a third amendment to a crude oil storage services agreement
Saturday, 20 Aug 2016 

Blueknight Energy Partners LP : Unit and Vitol Inc executed a third amendment to a crude oil storage services agreement with vitol inc . Amendment also adjusts the rate Vitol is charged for services provided under the amended agreement -sec filing .Amendment extends term of agreement which was effective as of Nov 1, 2010 and scheduled to expire on April 30, 2017, through April 30, 2018.  Full Article

Blueknight Energy Partners sees Q2 net loss of $18.6-$19.0 mln
Thursday, 21 Jul 2016 

Blueknight Energy Partners Lp : Sees Q2 adjusted EBITDA of between $15.78 million and $15.91 million .Sees Q2 net loss of between $18.6 million and $19.0 million - SEC filing.  Full Article

Blueknight Energy Partners announces public offering of common units
Thursday, 21 Jul 2016 

Blueknight Energy Partners Lp : Says offering 3.00 million common units .Blueknight energy partners announces public offering of common units.  Full Article

Blueknight Energy to buy 9 asphalt terminals from Ergon for $108.8 mln
Wednesday, 20 Jul 2016 

Blueknight Energy Partners Lp : Blueknight Energy Partners to acquire nine asphalt terminals from Ergon for $108.8 million and Ergon to acquire Blueknight's general partner . Conflicts committee of board of directors of Blueknight Energy Partners G.P., L.L.C., general partner of BKEP . Also agreed to contribute 9 asphalt terminals, $22.1 million of cash to BKEP in return for total consideration of about $130.9 million . Deal for $108.8 million . Expect transaction to be immediately accretive to partnership generating an anticipated first year cash flow multiple in 8-9 times range . BKEP has agreed to repurchase 13,335,390 of its series a preferred units currently owned by Blueknight Energy Holding .Says Ergon also has agreed to acquire an aggregate of $5.0 million of common units for cash in a private placement.  Full Article

Blueknight Energy Partners LP declares quarterly distributions
Wednesday, 20 Apr 2016 

Blueknight Energy Partners LP:Declared a quarterly cash distribution on the Partnership's common units of $0.1450 per common unit.Distributions are payable on May 13, 2016 on all outstanding common and preferred units to unitholders of record as of the close of business on May 3, 2016.  Full Article

Blueknight Energy Partners LP Acquires Asphalt Facilities in Wilmington, N.C.
Tuesday, 2 Feb 2016 

Blueknight Energy Partners LP:Acquires asphalt facilities in Wilmington, n.c. and dumfries, va.; enters into long-term asphalt contract extension.Acquired two asphalt terminalling facilities from axeon specialty products, located in Wilmington, n.c. and dumfries, va.Axeon will continue supplying various products & services to its existing customer base out of the North Carolina and Virginia facilities.Business will continue as usual at the acquired terminals and co expects to retain the current terminal employees.Says "transaction is also expected to be immediately accretive to our unitholders".  Full Article

Blueknight Energy Partners LP declares quarterly distributions
Thursday, 21 Jan 2016 

Blueknight Energy Partners LP:Declared quarterly cash distributions of $0.1450 per common unit.Distributions are payable on February 12.Record date as of February 2.  Full Article

BRIEF-MSD Partners reports 13.6 percent passive stake in Blueknight Energy

* MSD Partners L.P. reports 13.6 percent passive stake in Blueknight Energy Partners LP as on October 31, 2017 - SEC filing‍​ Source text: (http://bit.ly/2lDSNdc) Further company coverage: