Blueknight is a publicly traded master limited partnership that owns the largest independent asphalt terminalling network in the country. Operations include 8.8 million barrels of liquid asphalt storage capacity across 53 terminals and 26 states throughout the U.S. Blueknight is focused on providing integrated terminalling and innovative solutions for tomorrow's infrastructure and transportation end markets.
Company profile
Ticker
BKEP, BKEPP
Exchange
Website
CEO
Mark Hurley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SemGroup Energy Partners, L.P.
SEC CIK
Corporate docs
Subsidiaries
Blueknight Energy • BKEP Finance Corporation • BKEP Operating, L.L.C. • BKEP Management, Inc. • BKEP Crude, L.L.C. • BKEP Sub, L.L.C. • Ergon Oklahoma Pipeline, LLC • Blueknight Motor Carrier LLC • BKEP Trucking, L.L.C. • BKEP Supply and Marketing LLC ...
IRS number
208536826
BKEP stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Aug 22
25-NSE
Exchange delisting
17 Aug 22
25-NSE
Exchange delisting
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
SC 13E3/A
Going private transaction (amended)
17 Aug 22
8-K
Termination of a Material Definitive Agreement
17 Aug 22
Transcripts
BKEP
Earnings call transcript
2021 Q4
9 Mar 22
BKEP
Earnings call transcript
2021 Q3
11 Nov 21
BKEP
Earnings call transcript
2021 Q2
5 Aug 21
BKEP
Earnings call transcript
2021 Q1
5 May 21
BKEP
Earnings call transcript
2020 Q4
10 Mar 21
BKEP
Earnings call transcript
2020 Q3
8 Nov 20
BKEP
Earnings call transcript
2020 Q2
9 Aug 20
BKEP
Earnings call transcript
2020 Q1
9 May 20
BKEP
Earnings call transcript
2019 Q4
26 Mar 20
BKEP
Earnings call transcript
2019 Q3
7 Nov 19
Latest ownership filings
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 774.00 k | 774.00 k | 774.00 k | 774.00 k | 774.00 k | 774.00 k |
| Cash burn (monthly) | 92.67 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 640.10 k | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 133.90 k | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 1.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
69.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 3 |
| Opened positions | 0 |
| Closed positions | 22 |
| Increased positions | 1 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 13.40 mm |
| Total shares | 29.16 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Ergon | 23.55 mm | $0.00 |
| DG Capital Management | 2.95 mm | $13.40 mm |
| BKEP Blueknight Energy Partners | 2.66 mm | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Aug 22 | Duke R Ligon | Common units representing limited partner interests | Sale back to company | Dispose D | No | No | 4.65 | 104,502 | 485.93 k | 0 |
| 17 Aug 22 | John A Shapiro | Common units representing limited partner interests | Sale back to company | Dispose D | No | No | 4.65 | 78,009 | 362.74 k | 0 |
| 17 Aug 22 | Steven M Bradshaw | Common units representing limited partner interests | Sale back to company | Dispose D | No | No | 4.65 | 83,599 | 388.74 k | 0 |
| 17 Aug 22 | Woodward D Andrew | Common units representing limited partner interests | Sale back to company | Dispose D | No | No | 4.65 | 508,279.6 | 2.36 mm | 0 |
| 17 Aug 22 | Matthew R Lewis | Common units representing limited partner interests | Sale back to company | Dispose D | No | No | 4.65 | 134,774 | 626.70 k | 0 |