When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Blueknight Energy Partners L.P. Series A Preferred Units
Business Overview
Blue Knight Energy Partners (BKEP) is a Tulsa, OK-based midstream energy company. It is principally involved in asphalt terminaling as well as crude oil sales and terminaling. The company generates revenue primarily from asphalt storage services and crude oil sales.
BKEP is a wholly-owned subsidiary of Ergon, a private company headquartered in Jackson, MI. The company is set up as a master limited partnership, which is a structure wherein a limited partnership trades on public exchanges. MLPs provide various tax advantages and investors generally enjoy high yields. On the other hand,