BKEPP News and Press, Blueknight Energy Partners L.P. Series A Preferred Units From 03/10/21

Blueknight Energy Partners, L.P. (BKEP) Q4 2020 Earnings Conference Call March 10, 2021, 11:00 AM ET Company Participants Chase Jacobson - IR Andrew Woodward - CEO Matthew Lewis - CFO Conference Call Participants Jeff Bailey - Charles Neuhauser - Mainwall Investment Management Stephen Chick -...

Highlights Completed transition to pure-play infrastructure terminalling company with $164 million sale and exit of crude oil business Fourth quarter and full year 2020 net loss of $29.2 million and $13.5 million, respectively, primarily due to crude oil pipeline impai...

Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP) announced today that it has closed its previously-announced sale of its crude oil terminalling segment to Enbridge, Inc. (NYSE: ENB) for a purchase price of $132 mil...

Blueknight Energy Partners Pref Units Series A (BKEPP) declares $0.17875/share quarterly dividend, in line with previous.Forward yield 10.23%Payable Feb. 12; for shareholders of record Feb. 5; ex-div Feb. 4.See BKEPP Dividend Scorecard, Yield Chart, & Dividend Growth. For further detail...

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%. Blueknight's leverage goes from 4.0x to 2.0x. Series A preferred units are in a stronger position with the substantial re...

Transaction Highlights Strategically repositions Blueknight as a pure-play, downstream terminalling company focused on infrastructure and transportation end markets Materially improves financial flexibility and pro forma leverage to approximately 2.0 times Maintains an...

Blueknight Energy Partners, L.P. ("Blueknight" or the "Partnership") (Nasdaq: BKEP and BKEPP) today announced that its Chief Executive Officer, Andrew Woodward, and Chief Financial Officer, Matthew Lewis, are scheduled to participate in the following upcoming virtual investor conference...

Blueknight Energy Partners, L.P. (BKEP) Q3 2020 Earnings Conference Call November 05, 2020, 11:00 AM ET Company Participants Chase Jacobson - Investor Relations Andrew Woodward - Chief Executive Officer Matthew Lewis - Chief Financial Officer Conference Call Participants Jeff Bailey - Beach C...

Highlights Third quarter net income of $14.4 million, operating income of $16.7 million and Adjusted EBITDA of $18.6 million Distributable cash flow up 26% year-over-year with coverage and leverage ratios improving to 1.87 times and 4.06 times, respectively Asphalt ter...

Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (NASDAQ: BKEP and BKEPP), plans to release third quarter 2020 financial results after market close on Wednesday, November 4, 2020. The Partnership will discuss its third quarter 2020 res...