Blueknight Energy Partners (BKEP) Scheduled to Post Earnings on Wednesday

Blueknight Energy Partners (NASDAQ:BKEP) is scheduled to be releasing its earnings data after the market closes on Wednesday, August 7th.

Blueknight Energy Partners (NASDAQ:BKEP) last announced its quarterly earnings results on Wednesday, May 8th. The pipeline company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.04. The company had revenue of $93.73 million during the quarter. Blueknight Energy Partners had a negative return on equity of 3.90% and a negative net margin of 9.85%. On average, analysts expect Blueknight Energy Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ BKEP opened at $1.33 on Wednesday. The stock has a market cap of $51.91 million, a P/E ratio of -4.57 and a beta of 1.81. The business’s 50-day simple moving average is $1.23. Blueknight Energy Partners has a 1 year low of $1.00 and a 1 year high of $3.00.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Friday, August 2nd will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 12.08%. The ex-dividend date of this dividend is Thursday, August 1st. Blueknight Energy Partners’s dividend payout ratio (DPR) is -55.17%.

A number of brokerages have issued reports on BKEP. Zacks Investment Research downgraded Green Plains Partners from a “buy” rating to a “hold” rating in a report on Friday, July 26th. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $2.38.

About Blueknight Energy Partners

Blueknight Energy Partners, L.P. provides integrated terminalling, gathering, and transportation services for companies engaged in the production, distribution, and marketing of liquid asphalt and crude oil products in the United States. The company operates through four segments: Asphalt Terminalling Services, Crude Oil Terminalling Services, Crude Oil Pipeline Services, and Crude Oil Trucking Services.

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Earnings History for Blueknight Energy Partners (NASDAQ:BKEP)

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