Press coverage about Blueknight Energy Partners (NASDAQ:BKEP) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blueknight Energy Partners earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the pipeline company an impact score of 46.4039492141937 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
BKEP opened at $4.35 on Wednesday. The company has a debt-to-equity ratio of -1.23, a quick ratio of 1.00 and a current ratio of 1.00. Blueknight Energy Partners has a 1-year low of $4.05 and a 1-year high of $7.35. The company has a market capitalization of $183.41, a price-to-earnings ratio of -48.33 and a beta of 0.78.
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 Thomson Reuters’ consensus estimate of $0.04 by ($0.13). Blueknight Energy Partners had a negative return on equity of 6.56% and a net margin of 7.47%. The business had revenue of $44.25 million during the quarter, compared to the consensus estimate of $44.99 million. equities analysts anticipate that Blueknight Energy Partners will post 0.22 EPS for the current year.
A number of research analysts recently weighed in on the stock. ValuEngine downgraded shares of Blueknight Energy Partners from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded shares of Blueknight Energy Partners from a “hold” rating to a “sell” rating in a research report on Monday, January 15th.
In other Blueknight Energy Partners news, major shareholder Msd Partners, L.P. sold 3,073,951 shares of the stock in a transaction that occurred 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 filing with the SEC, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by company insiders.
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Blueknight Energy Partners Company Profile
Blueknight Energy Partners, L.P. provides integrated terminalling, storage, processing, gathering, and transportation services for companies engaged in the production, distribution, and marketing of crude oil and asphalt products in the United States. Its Asphalt Terminalling Services segment offers asphalt product and residual fuel oil storage services that enable its customers to manage their asphalt product storage, processing, and marketing activities.
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