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Blueknight Energy Partners LP (BKEP.OQ)

BKEP.OQ on NASDAQ Stock Exchange Global Market

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18 Dec 2017
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Latest Key Developments (Source: Significant Developments)

MSD Partners reports 13.6 percent passive stake in Blueknight Energy
Wednesday, 1 Nov 2017 06:09pm EDT 

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
Tuesday, 31 Oct 2017 05:00pm EDT 

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 Q2 revenue $43.9 mln versus I/B/E/S view $45.7 mln
Tuesday, 1 Aug 2017 04:46pm EDT 

Aug 1 (Reuters) - Blueknight Energy Partners LP :Blueknight announces second quarter 2017 results.Q2 revenue $43.9 million versus I/B/E/S view $45.7 million.  Full Article

Blueknight Energy Partners says entered into a second amended and restated credit agreement
Friday, 12 May 2017 08:57am EDT 

May 12 (Reuters) - Blueknight Energy Partners Lp :Blueknight energy partners lp - on may 11, 2017, co entered into a second amended and restated credit agreement - sec filing.Blueknight energy-credit agreement permits partnership to borrow up to $450 million on revolving credit basis,maturity date of new agreement is may 11, 2022.Blueknight energy partners lp - new credit agreement is guaranteed by substantially all of partnership's existing subsidiaries.Blueknight energy - agreement includes procedures for any existing lender to increase revolving commitment thereunder, subject to maximum of $600 million.  Full Article

Blueknight announces first quarter 2017 results
Wednesday, 3 May 2017 04:30pm EDT 

May 3 (Reuters) - Blueknight Energy Partners L.P. ::Blueknight announces first quarter 2017 results.Says qtrly revenue $46.3 million versus $41.01 million last year.Says qtrly net income of $3.5 million.Says "temporary suspension of service on one of our oklahoma pipelines continues to hamper results".Says "encouraged by recent national focus on investing in infrastructure improvements, including roads, bridges and pipelines".  Full Article

Blueknight Energy Partners qtrly loss per share $0.18
Wednesday, 8 Mar 2017 04:48pm EST 

Blueknight Energy Partners Lp : Blueknight announces fourth quarter and full year 2016 results . Qtrly loss per share $0.18 . Blueknight Energy Partners Lp -qtrly total revenue $46.0 million versus $43.9 million . Q4 revenue view $47.2 million -- Thomson Reuters I/B/E/S .Blueknight Energy Partners Lp - "pipeline and trucking and field services businesses continue to face challenges".  Full Article

Blueknight Energy Partners says unit and Vitol executed a third amendment to a crude oil storage services agreement
Friday, 19 Aug 2016 04:33pm EDT 

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 06:54am EDT 

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
Wednesday, 20 Jul 2016 04:16pm EDT 

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
Tuesday, 19 Jul 2016 05:20pm EDT 

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

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: