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BKEPP - Blueknight Remains A Quality Business At An Attractive Valuation
September, 15 2021 09:17 AM
Blueknight Energy Partners L.P. Series A Preferred Units
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). An infrastructure bill has passed the Senate and may well become law in the coming weeks, adding demand for Blueknight's services. Blueknight unitholders appear well-positioned for incremental growth from a robust, low-risk business. Note this is an MLP requiring a K-1 filing. For further details see:
Blueknight Remains A Quality Business At An Attractive Valuation
Stock Information
Company Name:
Blueknight Energy Partners L.P. Series A Preferred Units
Stock Symbol:
BKEPP
Market:
NASDAQ
Website:
bkep.com
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