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,