Introduction
In our last article on Blueknight Energy Partners (BKEP), we outlined several reasons why we are confident in the company's long-term trajectory. Following the publication of that article, the company reported solid Q3 earnings results that show successful cost reduction measures and improved operating performance in BKEP's Cushing oil storage business.
We would like to use this article to further expound on our long thesis on Blueknight and provide an in-depth analysis about the company and its long-term future.
Financial overview (in millions USD)
(Source: CapitalIQ)
There are currently 40.7 million