- Blueknight Energy Partners owns a network of 53 asphalt terminals located in 26 states which help the MLP in generating reliable levels of earnings and cash flows.
- Its crude oil terminalling business could perform well in 2021 due to the improvement in oil prices and increase in US drilling activity.
- Blueknight Energy Partners will likely further improve its financial health in 2021 and may achieve its long-term leverage target if it successfully monetizes the oil logistics assets.
For further details see:
Blueknight Energy Partners: A Small-Cap MLP That's Worth Considering