View Future GrowthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsBlueknight Energy Partners 과거 순이익 실적과거 기준 점검 4/6핵심 정보40.69%순이익 성장률40.79%주당순이익(EPS) 성장률Oil and Gas 산업 성장률33.67%매출 성장률-21.44%자기자본이익률776.74%순이익률7.89%최근 순이익 업데이트30 Jun 2022최근 과거 실적 업데이트Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.002 (vs US$0.02 in 2Q 2021)Second quarter 2022 results: EPS: US$0.002 (down from US$0.02 in 2Q 2021). Revenue: US$25.8m (down 7.1% from 2Q 2021). Net income: US$94.0k (down 89% from 2Q 2021). Profit margin: 0.4% (down from 3.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.공고 • Jul 28Blueknight Energy Partners, L.P. to Report Q2, 2022 Results on Aug 03, 2022Blueknight Energy Partners, L.P. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.009 (up from US$0.037 loss in 1Q 2021). Revenue: US$25.3m (down 6.7% from 1Q 2021). Net income: US$387.0k (up US$1.92m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 09Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.20 (up from US$0.092 in FY 2020). Revenue: US$115.4m (up 4.7% from FY 2020). Net income: US$8.18m (up 116% from FY 2020). Profit margin: 7.1% (up from 3.4% in FY 2020). Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.공고 • Feb 17Blueknight Energy Partners, L.P. to Report Q4, 2021 Results on Mar 08, 2022Blueknight Energy Partners, L.P. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$30.3m (down 65% from 3Q 2020). Net income: US$6.24m (down 21% from 3Q 2020). Profit margin: 21% (up from 9.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesReported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.002 (vs US$0.02 in 2Q 2021)Second quarter 2022 results: EPS: US$0.002 (down from US$0.02 in 2Q 2021). Revenue: US$25.8m (down 7.1% from 2Q 2021). Net income: US$94.0k (down 89% from 2Q 2021). Profit margin: 0.4% (down from 3.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Aug 03Blueknight Energy Partners GAAP EPS of $0.02, revenue of $27.76MBlueknight Energy Partners press release (NASDAQ:BKEP): Q2 GAAP EPS of $0.02. Revenue of $27.76M.공고 • Jul 28Blueknight Energy Partners, L.P. to Report Q2, 2022 Results on Aug 03, 2022Blueknight Energy Partners, L.P. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022공고 • Jul 27Blueknight Energy Partners, L.P. Declares Quarterly Cash Distribution on Common Units for the Second Quarter Ended June 30, 2022, Payable on August 12, 2022Blueknight Energy Partners, L.P. announced that the board of directors of its general partner has declared a quarterly cash distribution of $0.0425 per common unit for the quarter ended June 30, 2022. The second quarter 2022 distribution for common units remain unchanged from those paid for the first quarter 2022. The distributions are payable on August 12, 2022, on all outstanding common and preferred units to unitholders of record as of the close of business on August 5, 2022.Seeking Alpha • Jul 26Blueknight Energy Partners declares $0.0425 dividendBlueknight Energy Partners (NASDAQ:BKEP) declared $0.0425/share quarterly dividend, in line with previous. Forward yield 3.7% Payable Aug. 12; for shareholders of record Aug. 5; ex-div Aug. 4. See BKEP Dividend Scorecard, Yield Chart, & Dividend Growth.Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.009 (up from US$0.037 loss in 1Q 2021). Revenue: US$25.3m (down 6.7% from 1Q 2021). Net income: US$387.0k (up US$1.92m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Apr 28Blueknight Energy Partners Is Being Acquired By ErgonErgon is making a cash offer of $4.65 per common unit and $8.75 per Series A Preferred Unit. This appears to be a fair valuation based on Blueknight's expected 2022 adjusted EBITDA. Previous offers appeared to undervalue the common units. Support from only 28% of non-Ergon units is needed for the transaction to be approved. The closing date is expected to be in mid-2022 with an outside date of October 21.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director of Blueknight Energy Partners G.P., L.L.C. John Shapiro was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 27Blueknight Energy Partners, L.P. Declares Quarterly Cash Distribution for the Quarter Ended March 31, 2022, Payable on May 13, 2022Blueknight Energy Partners, L.P. announced that the board of directors of its general partner has declared quarterly cash distribution of $0.0425 per common unit for the quarter ended March 31, 2022. The first quarter 2022 distributions for both the common units remain unchanged from those paid for the fourth quarter 2021. The distributions are payable on May 13, 2022, on all outstanding common to unitholders of record as of the close of business on May 6, 2022.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improved over the past weekAfter last week's 39% share price gain to US$4.56, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 15x in the Oil and Gas industry in the US. Total returns to shareholders of 405% over the past three years.Reported Earnings • Mar 09Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.20 (up from US$0.092 in FY 2020). Revenue: US$115.4m (up 4.7% from FY 2020). Net income: US$8.18m (up 116% from FY 2020). Profit margin: 7.1% (up from 3.4% in FY 2020). Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.공고 • Feb 17Blueknight Energy Partners, L.P. to Report Q4, 2021 Results on Mar 08, 2022Blueknight Energy Partners, L.P. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$30.3m (down 65% from 3Q 2020). Net income: US$6.24m (down 21% from 3Q 2020). Profit margin: 21% (up from 9.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$0.02 (vs US$0.12 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$24.8m (down 54% from 2Q 2020). Net income: US$836.0k (up US$5.79m from 2Q 2020). Profit margin: 3.4% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$3.68, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 19x in the Oil and Gas industry in the US. Total returns to shareholders of 83% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: US$0.037 loss per share (vs US$0.15 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$24.5m (down 69% from 1Q 2020). Net loss: US$1.53m (loss narrowed 76% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 29Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 14 May 2021. Trailing yield: 4.8%. Within top quartile of American dividend payers (3.5%). In line with average of industry peers (5.0%).Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$3.72, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total returns to shareholders of 19% over the past three years.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 26% share price gain to US$3.23, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 12x in the Oil and Gas industry in the US. Total returns to shareholders of 5.9% over the past three years.Recent Insider Transactions • Mar 14Key Executive recently bought US$50k worth of stockOn the 12th of March, D. Woodward bought around 15k shares on-market at roughly US$3.25 per share. This was the largest purchase by an insider in the last 3 months. This was D.'s only on-market trade for the last 12 months.Reported Earnings • Mar 12Full year 2020 earnings released: EPS US$0.092 (vs US$0.17 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$97.6m (down 74% from FY 2019). Net income: US$3.79m (up US$10.8m from FY 2019). Profit margin: 3.9% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공고 • Feb 25Blueknight Energy Partners, L.P. to Report Q4, 2020 Results on Mar 09, 2021Blueknight Energy Partners, L.P. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021Is New 90 Day High Low • Feb 13New 90-day high: US$2.21The company is up 40% from its price of US$1.58 on 13 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 33% over the same period.공고 • Dec 23An unknown buyer entered into an agreement to acquire Crude Oil Trucking Business of Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $10 million.An unknown buyer entered into an agreement to acquire Crude Oil Trucking Business of Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $10 million on December 21, 2020. The combined consideration for the three transactions are $162 million. In a related transaction, Enbridge, Inc. entered into an agreement to acquire Crude Oil Terminalling Segment of Blueknight for $132 million and CVR Energy, Inc. entered into an agreement to acquire Crude Oil Pipeline Business of Blueknight for $20 million. Simmons Energy | A Division Of Piper Sandler is serving as financial advisor and Gibson, Dunn & Crutcher LLP is serving as legal counsel to Blueknight.Is New 90 Day High Low • Dec 22New 90-day high: US$2.19The company is up 53% from its price of US$1.43 on 22 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 21% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: US$1.75The company is up 14% from its price of US$1.54 on 04 September 2020. The American market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 10.0% over the same period.Analyst Estimate Surprise Post Earnings • Nov 08Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the next year, revenue is expected to shrink by 29% compared to a 8.5% growth forecast for the Oil and Gas industry in the US.Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS US$0.19The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$85.8m (down 6.5% from 3Q 2019). Net income: US$7.89m (up US$7.32m from 3Q 2019). Profit margin: 9.2% (up from 0.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 02New 90-day low: US$1.39The company is down 1.0% from its price of US$1.41 on 02 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 18% over the same period.공고 • Aug 27Ergon Asphalt & Emulsions, Inc. cancelled the acquisition of 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP).Ergon Asphalt & Emulsions, Inc. made a non binding proposal to acquire 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $52.6 million on August 5, 2019. Under the proposal, Ergon will pay $1.35 per Common Unit and $5.67 per Series A Preferred Unit. Ergon anticipates financing the merger consideration with cash on hand and borrowings under its existing credit facility. The deal is subject to signing of definitive documents which in turn will require approval by the Board of Directors of Ergon as well as the Conflicts Committee, the Board of Directors of the Blueknight Energy Partners G.P., L.L.C and Blueknight Energy Partners, L.P unit holders. The transaction requires the approvals of Security Exchange Commission to review of the proxy statement and potentially the expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The making of the Proposal has been authorized by the Board of Directors of Ergon. The transaction is expected to be completed before the year end. Jefferies LLC acted as financial advisor and Baker Botts L.L.P. acted as legal advisor to Ergon. Ergon Asphalt & Emulsions, Inc. cancelled the acquisition of 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) on September 11, 2019. After discussions with representatives of the conflicts committee of Blueknight Energy Partners regarding the proposal, Ergon was unable to reach an agreement with the conflicts committee as to the transaction contemplated by the proposal. Accordingly, Ergon withdrew the proposal.공고 • Jul 23Blueknight Energy Partners, L.P. to Report Q2, 2020 Results on Aug 05, 2020Blueknight Energy Partners, L.P. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 05, 2020매출 및 비용 세부 내역Blueknight Energy Partners가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGM:BKEP 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Jun 22119915031 Mar 221171015031 Dec 21115815030 Sep 21115816030 Jun 21114516031 Mar 21112317031 Dec 20110416030 Sep 20-93316030 Jun 20-30016031 Mar 2038-215031 Dec 19107-316030 Sep 19403-6113030 Jun 19444-6614031 Mar 19434-6715031 Dec 18385-6716030 Sep 18306-1617030 Jun 18220-917031 Mar 18180-517031 Dec 17182-617030 Sep 17184-617030 Jun 17183-518031 Mar 17183-2918031 Dec 16177-3018030 Sep 16175-4619030 Jun 16176-4319031 Mar 16179-1619031 Dec 15180-1519030 Sep 1518210190양질의 수익: BKEP는 고품질 수익을 보유하고 있습니다.이익 마진 증가: BKEP의 현재 순 이익률 (7.9%)은 지난해 (4.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: BKEP는 지난 5년 동안 흑자전환하며 연평균 40.7%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 BKEP 의 수익 증가율(95.5%)은 연간 평균(40.7%)을 초과합니다.수익 대 산업: BKEP의 지난 1년 수익 증가율(95.5%)은 Oil and Gas 업계 평균(27.4%)을 능가하지 못했습니다.자기자본이익률높은 ROE: BKEP의 자본 수익률(776.74%)은 뛰어남이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/08/18 05:57종가2022/08/17 00:00수익2022/06/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Blueknight Energy Partners, L.P.는 9명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard GrossBarclaysGabriel MoreenBofA Global ResearchMichael GyureBrean Capital Historical (Janney Montgomery)6명의 분석가 더 보기
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.002 (vs US$0.02 in 2Q 2021)Second quarter 2022 results: EPS: US$0.002 (down from US$0.02 in 2Q 2021). Revenue: US$25.8m (down 7.1% from 2Q 2021). Net income: US$94.0k (down 89% from 2Q 2021). Profit margin: 0.4% (down from 3.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
공고 • Jul 28Blueknight Energy Partners, L.P. to Report Q2, 2022 Results on Aug 03, 2022Blueknight Energy Partners, L.P. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.009 (up from US$0.037 loss in 1Q 2021). Revenue: US$25.3m (down 6.7% from 1Q 2021). Net income: US$387.0k (up US$1.92m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 09Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.20 (up from US$0.092 in FY 2020). Revenue: US$115.4m (up 4.7% from FY 2020). Net income: US$8.18m (up 116% from FY 2020). Profit margin: 7.1% (up from 3.4% in FY 2020). Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
공고 • Feb 17Blueknight Energy Partners, L.P. to Report Q4, 2021 Results on Mar 08, 2022Blueknight Energy Partners, L.P. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$30.3m (down 65% from 3Q 2020). Net income: US$6.24m (down 21% from 3Q 2020). Profit margin: 21% (up from 9.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.002 (vs US$0.02 in 2Q 2021)Second quarter 2022 results: EPS: US$0.002 (down from US$0.02 in 2Q 2021). Revenue: US$25.8m (down 7.1% from 2Q 2021). Net income: US$94.0k (down 89% from 2Q 2021). Profit margin: 0.4% (down from 3.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Aug 03Blueknight Energy Partners GAAP EPS of $0.02, revenue of $27.76MBlueknight Energy Partners press release (NASDAQ:BKEP): Q2 GAAP EPS of $0.02. Revenue of $27.76M.
공고 • Jul 28Blueknight Energy Partners, L.P. to Report Q2, 2022 Results on Aug 03, 2022Blueknight Energy Partners, L.P. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022
공고 • Jul 27Blueknight Energy Partners, L.P. Declares Quarterly Cash Distribution on Common Units for the Second Quarter Ended June 30, 2022, Payable on August 12, 2022Blueknight Energy Partners, L.P. announced that the board of directors of its general partner has declared a quarterly cash distribution of $0.0425 per common unit for the quarter ended June 30, 2022. The second quarter 2022 distribution for common units remain unchanged from those paid for the first quarter 2022. The distributions are payable on August 12, 2022, on all outstanding common and preferred units to unitholders of record as of the close of business on August 5, 2022.
Seeking Alpha • Jul 26Blueknight Energy Partners declares $0.0425 dividendBlueknight Energy Partners (NASDAQ:BKEP) declared $0.0425/share quarterly dividend, in line with previous. Forward yield 3.7% Payable Aug. 12; for shareholders of record Aug. 5; ex-div Aug. 4. See BKEP Dividend Scorecard, Yield Chart, & Dividend Growth.
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.009 (up from US$0.037 loss in 1Q 2021). Revenue: US$25.3m (down 6.7% from 1Q 2021). Net income: US$387.0k (up US$1.92m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Apr 28Blueknight Energy Partners Is Being Acquired By ErgonErgon is making a cash offer of $4.65 per common unit and $8.75 per Series A Preferred Unit. This appears to be a fair valuation based on Blueknight's expected 2022 adjusted EBITDA. Previous offers appeared to undervalue the common units. Support from only 28% of non-Ergon units is needed for the transaction to be approved. The closing date is expected to be in mid-2022 with an outside date of October 21.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director of Blueknight Energy Partners G.P., L.L.C. John Shapiro was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 27Blueknight Energy Partners, L.P. Declares Quarterly Cash Distribution for the Quarter Ended March 31, 2022, Payable on May 13, 2022Blueknight Energy Partners, L.P. announced that the board of directors of its general partner has declared quarterly cash distribution of $0.0425 per common unit for the quarter ended March 31, 2022. The first quarter 2022 distributions for both the common units remain unchanged from those paid for the fourth quarter 2021. The distributions are payable on May 13, 2022, on all outstanding common to unitholders of record as of the close of business on May 6, 2022.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improved over the past weekAfter last week's 39% share price gain to US$4.56, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 15x in the Oil and Gas industry in the US. Total returns to shareholders of 405% over the past three years.
Reported Earnings • Mar 09Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.20 (up from US$0.092 in FY 2020). Revenue: US$115.4m (up 4.7% from FY 2020). Net income: US$8.18m (up 116% from FY 2020). Profit margin: 7.1% (up from 3.4% in FY 2020). Revenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
공고 • Feb 17Blueknight Energy Partners, L.P. to Report Q4, 2021 Results on Mar 08, 2022Blueknight Energy Partners, L.P. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$30.3m (down 65% from 3Q 2020). Net income: US$6.24m (down 21% from 3Q 2020). Profit margin: 21% (up from 9.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$0.02 (vs US$0.12 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$24.8m (down 54% from 2Q 2020). Net income: US$836.0k (up US$5.79m from 2Q 2020). Profit margin: 3.4% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$3.68, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 19x in the Oil and Gas industry in the US. Total returns to shareholders of 83% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: US$0.037 loss per share (vs US$0.15 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$24.5m (down 69% from 1Q 2020). Net loss: US$1.53m (loss narrowed 76% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 29Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 14 May 2021. Trailing yield: 4.8%. Within top quartile of American dividend payers (3.5%). In line with average of industry peers (5.0%).
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$3.72, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total returns to shareholders of 19% over the past three years.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 26% share price gain to US$3.23, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 12x in the Oil and Gas industry in the US. Total returns to shareholders of 5.9% over the past three years.
Recent Insider Transactions • Mar 14Key Executive recently bought US$50k worth of stockOn the 12th of March, D. Woodward bought around 15k shares on-market at roughly US$3.25 per share. This was the largest purchase by an insider in the last 3 months. This was D.'s only on-market trade for the last 12 months.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS US$0.092 (vs US$0.17 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$97.6m (down 74% from FY 2019). Net income: US$3.79m (up US$10.8m from FY 2019). Profit margin: 3.9% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공고 • Feb 25Blueknight Energy Partners, L.P. to Report Q4, 2020 Results on Mar 09, 2021Blueknight Energy Partners, L.P. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021
Is New 90 Day High Low • Feb 13New 90-day high: US$2.21The company is up 40% from its price of US$1.58 on 13 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 33% over the same period.
공고 • Dec 23An unknown buyer entered into an agreement to acquire Crude Oil Trucking Business of Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $10 million.An unknown buyer entered into an agreement to acquire Crude Oil Trucking Business of Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $10 million on December 21, 2020. The combined consideration for the three transactions are $162 million. In a related transaction, Enbridge, Inc. entered into an agreement to acquire Crude Oil Terminalling Segment of Blueknight for $132 million and CVR Energy, Inc. entered into an agreement to acquire Crude Oil Pipeline Business of Blueknight for $20 million. Simmons Energy | A Division Of Piper Sandler is serving as financial advisor and Gibson, Dunn & Crutcher LLP is serving as legal counsel to Blueknight.
Is New 90 Day High Low • Dec 22New 90-day high: US$2.19The company is up 53% from its price of US$1.43 on 22 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 21% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: US$1.75The company is up 14% from its price of US$1.54 on 04 September 2020. The American market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 10.0% over the same period.
Analyst Estimate Surprise Post Earnings • Nov 08Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 51%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the next year, revenue is expected to shrink by 29% compared to a 8.5% growth forecast for the Oil and Gas industry in the US.
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS US$0.19The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$85.8m (down 6.5% from 3Q 2019). Net income: US$7.89m (up US$7.32m from 3Q 2019). Profit margin: 9.2% (up from 0.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 02New 90-day low: US$1.39The company is down 1.0% from its price of US$1.41 on 02 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 18% over the same period.
공고 • Aug 27Ergon Asphalt & Emulsions, Inc. cancelled the acquisition of 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP).Ergon Asphalt & Emulsions, Inc. made a non binding proposal to acquire 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) for $52.6 million on August 5, 2019. Under the proposal, Ergon will pay $1.35 per Common Unit and $5.67 per Series A Preferred Unit. Ergon anticipates financing the merger consideration with cash on hand and borrowings under its existing credit facility. The deal is subject to signing of definitive documents which in turn will require approval by the Board of Directors of Ergon as well as the Conflicts Committee, the Board of Directors of the Blueknight Energy Partners G.P., L.L.C and Blueknight Energy Partners, L.P unit holders. The transaction requires the approvals of Security Exchange Commission to review of the proxy statement and potentially the expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The making of the Proposal has been authorized by the Board of Directors of Ergon. The transaction is expected to be completed before the year end. Jefferies LLC acted as financial advisor and Baker Botts L.L.P. acted as legal advisor to Ergon. Ergon Asphalt & Emulsions, Inc. cancelled the acquisition of 93.3% stake in Blueknight Energy Partners, L.P. (NasdaqGM:BKEP) on September 11, 2019. After discussions with representatives of the conflicts committee of Blueknight Energy Partners regarding the proposal, Ergon was unable to reach an agreement with the conflicts committee as to the transaction contemplated by the proposal. Accordingly, Ergon withdrew the proposal.
공고 • Jul 23Blueknight Energy Partners, L.P. to Report Q2, 2020 Results on Aug 05, 2020Blueknight Energy Partners, L.P. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 05, 2020