Headlines about Blueknight Energy Partners (NASDAQ:BKEP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blueknight Energy Partners earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media stories about the pipeline company an impact score of 46.0088314123963 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
BKEP stock traded down $0.10 during trading on Friday, hitting $4.35. 88,568 shares of the stock traded hands, compared to its average volume of 82,649. The company has a market capitalization of $179.38, a PE ratio of -29.00 and a beta of 0.73. Blueknight Energy Partners has a 52-week low of $4.27 and a 52-week high of $7.35. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of -1.23.
Blueknight Energy Partners (NASDAQ:BKEP) last released its quarterly earnings results on Wednesday, March 7th. The pipeline company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.13). The firm had revenue of $44.25 million during the quarter, compared to the consensus estimate of $44.99 million. Blueknight Energy Partners had a negative return on equity of 6.56% and a net margin of 7.47%. equities research analysts forecast that Blueknight Energy Partners will post 0.22 EPS for the current year.
In other news, major shareholder Msd Partners, L.P. sold 3,073,951 shares of the company’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $5.17, for a total value of $15,892,326.67. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.70% of the company’s stock.
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About Blueknight Energy Partners
Blueknight Energy Partners, L.P. is a master limited partnership company. The Company manages its operations through four segments: asphalt terminaling services, crude oil terminaling and storage services, crude oil pipeline services, and crude oil trucking and producer field services. Asphalt terminaling services segment operations generally consist of fee based activities associated with providing storage, terminaling and throughput services for asphalt product and residual fuel oil.
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