Blueknight Energy Partners, L.P. (BKEPP)

TULSA, Okla., July 26, 2022 (GLOBE NEWSWIRE) -- Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP), announced today that the board of directors of its genera...

TULSA, Okla., Feb. 16, 2022 (GLOBE NEWSWIRE) --  Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (NASDAQ: BKEP and BKEPP), plans to release fourth quarter and full year 2021 finan...

Becoming self-reliant financially is a great way to play defense when the market is crazy and volatile.

Blueknight Offers Attractive Risk/Reward Given Non-Binding Offer And U.S. Infrastructure Spend

Blueknight successfully sold its energy assets leaving a pure play asphalt terminalling business. This is an attractive business (network effects, long-term contracts, relatively asset light).

The sale of the oil business shifted risk in a way that's highly favorable to the preferred.

Blueknight Energy: Paving The Highways To Stable And Generous Dividends

Blueknight is now a pure-play asphalt terminalling business that should benefit from increased infrastructure spending.

There's no oil exposure left in Blueknight Energy. They have sold their oil assets at a sensible price. The remaining business is an attractive asphalt terminalling asset with take or pay contracts (a...

Blueknight sold its crude oil businesses for $162 million in gross proceeds. This reduces its debt by over 60% while reducing its EBITDA by a bit over 20%.