Blueknight Energy Partners

Blueknight Energy Partners, L.P. is a publicly traded master limited partnership formed in July 2007. The depth of our experience in the midstream energy business is second to none.
Our strategically located assets allow us to be a leading provider of mid-stream services in the energy industry. We provide services to our customers by focusing on three operational areas:

    Crude Oil Terminalling and Storage

    Crude Oil Gathering and Transportation Services

    Asphalt Terminalling, Storage and Processing Services

Our general partner, Blueknight Energy Partners GP., L.L.C., is jointly owned by affiliates of Vitol Holdings, B.V., one of the world's largest independent energy traders, and Charlesbank Capital Partners, a leading private equity firm. Their unmatched size and experience will drive our future growth. We know the importance of optimizing commercial opportunities for our customers, starting with the consistent delivery of safe and reliable solutions. Our customers include independent oil and gas producers, petroleum product wholesalers and distributors, refiners and energy traders.

The Blueknight Team welcomes your business.


Type
Public
HQ
Oklahoma City, US
Size (employees)
480 (est)
Website
bkep.com
Blueknight Energy Partners is headquartered in Oklahoma City, US

Blueknight Energy Partners Office Locations

Blueknight Energy Partners has an office in Oklahoma City
Oklahoma City, US (HQ)
200 201 Nw 10th St

Blueknight Energy Partners Data and Metrics

Blueknight Energy Partners Financial Metrics

Blueknight Energy Partners's revenue was reported to be $177.4 m in 2016
Numbers are in $, USD

Revenue (Y, 2016)

177.4 m

Revenue growth (Y, 2015 - Y, 2016), %

(1%)

Gross profit (Y, 2016)

163.3 m

Gross profit margin (Y, 2016), %

92%

Net income (Y, 2016)

(4.8 m)

EBIT (Y, 2016)

6.5 m

Market capitalization (24-May-2017)

265.8 m

Closing share price (24-May-2017)

7.1

Cash (31-Dec-2016)

3.3 m
Blueknight Energy Partners's current market capitalization is $265.8 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

194.7 m186.6 m180 m177.4 m

Revenue growth, %

(4%)(4%)(1%)

Cost of goods sold

14.1 m

Gross profit

163.3 m

Gross profit Margin, %

92%

Operating expense total

151.1 m151.7 m172.2 m171 m

EBIT

44.1 m37.3 m14 m6.5 m

EBIT margin, %

23%20%8%4%

Interest expense

11.6 m12.3 m11.2 m12.6 m

Pre tax profit

32 m28 m6.7 m(4.6 m)

Income tax expense

593 k469 k323 k260 k

Net Income

28 m27.6 m6.4 m(4.8 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.2 m2.7 m3 m3.3 m

Accounts Receivable

Inventories

Current Assets

24.9 m21.5 m19.4 m26.5 m

Goodwill

7.2 m7.2 m4.4 m4.7 m

Total Assets

354.7 m364.4 m364.7 m375.7 m

Accounts Payable

6.5 m7.6 m5.2 m3.2 m

Current Liabilities

23.6 m22.1 m26.9 m20.5 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

28 m27.6 m6.4 m(4.8 m)

Depreciation and Amortization

24.2 m26 m27.2 m30.8 m

Accounts Receivable

(4 m)3.1 m538 k1.1 m

Inventories

Accounts Payable

Cash From Operating Activities

60.6 m58.2 m60.5 m52.8 m

Purchases of PP&E

(21 m)(19 m)

Capital Expenditures

(65 m)(37.4 m)(41.6 m)(20 m)

Cash From Investing Activities

(80.7 m)(34.3 m)(44.6 m)(159.6 m)

Cash From Financing Activities

20.2 m(24.5 m)(15.6 m)107 m

Income Taxes Paid

419 k508 k412 k282 k

Free Cash Flow

125.5 m95.6 m102.1 m72.8 m
Numbers are in $, USDY, 2016

Revenue/Employee

369.6 k

Blueknight Energy Partners Market Value History

Blueknight Energy Partners Online and Social Media Presence

Blueknight Energy Partners Company Life and Culture

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