|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||5.14 - 5.25|
|52 Week Range||4.50 - 6.88|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.71 (13.62%)|
|1y Target Est||N/A|
Blueknight Energy Partners, L.P. , plans to release first quarter 2019 financial results after market close on Wednesday, May 8, 2019.
Blueknight Energy Partners, L.P. (NASDAQ:BKEP - Common Units) (NASDAQ:BKEPP - Preferred Units) (“BKEP” or the “Partnership”), announced today that the board of directors of its general partner has declared a quarterly cash distribution on the Partnership’s common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnership’s preferred units. “The reduction of the common unit distribution to $0.04 per common unit is a key step in our efforts to strengthen our balance sheet,” stated Mark Hurley, CEO of the Partnership. “Our previous earnings guidance, as well as our year-end targets of distribution coverage greater than 1.0x and a leverage ratio between 4.0x and 4.5x, remain unchanged.” The distributions are payable on May 14, 2019, on all outstanding common and preferred units to unitholders of record as of the close of business on May 3, 2019.
Blueknight Energy Partners, L.P. today announced its financial results for the three and twelve months ended December 31, 2018.
Blueknight Energy Partners, L.P. , plans to release fourth quarter and full year 2018 financial results after market close on Monday, March 11, 2019.
Blueknight Energy Partners, L.P. , plans to release third quarter 2018 financial results after market close on Wednesday, October 31, 2018.
Blueknight Energy Partners, L.P. plans to release second quarter 2018 financial results after market close on Wednesday, August 1, 2018.
Blueknight Energy Partners, L.P. (“BKEP” or the “Partnership”) (BKEP) (BKEPP) announced today that it has entered into an Asset Purchase Agreement (“Purchase Agreement”) with Ergon Asphalt & Emulsions, Inc. (“Ergon A&E”) to sell three asphalt terminals located in Lubbock and Saginaw, Texas and Memphis, Tennessee to Ergon A&E for a purchase price of $90.0 million in cash (the “Asset Sale”). Net proceeds from the Asset Sale will be used to reduce outstanding indebtedness under BKEP’s credit facility.
Alliance Resource Partners (ARLP), an MLP involved in coal mining and production, was the top MLP loss in the week ending June 22. Alliance Resource Partners fell 8.5%. The recent weakness could be attributed to a strong increase in the natural gas demand from US utilities, which could impact the overall coal demand. Alliance Resources Partners has lost 7.4% since the beginning of this year.