Blueknight Energy Partners LP (BKEP) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Mar 27, 2020
Article's Main Image

Blueknight Energy Partners LP (BKEP, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Blueknight Energy Partners LP provides terminalling, gathering, transportation, and storage services for companies that produce, distribute, and market crude oil and liquid asphalt cement. Blueknight Energy Partners LP has a market cap of $34.690 million; its shares were traded at around $0.85 with and P/S ratio of 0.08. The dividend yield of Blueknight Energy Partners LP stocks is 18.84%. GuruFocus has detected 5 severe warning signs with Blueknight Energy Partners LP. .

For the last quarter Blueknight Energy Partners LP reported a revenue of $91.8 million, compared with the revenue of $133.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $371.1 million, a decrease of 3.6% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Blueknight Energy Partners LP had an average revenue growth rate of 17.8% a year.

The reported loss per diluted share was 17 cents for the year, compared with the loss per share of $0.47 in the previous year. The Blueknight Energy Partners LP had an operating margin of 9.76%, compared with the operating margin of 6.68% a year before. The 10-year historical median operating margin of Blueknight Energy Partners LP is 19.50%. The profitability rank of the company is 6 (out of 10).

At the current stock price of $0.85, Blueknight Energy Partners LP is traded at 92.3% discount to its historical median P/S valuation band of $11.08. The P/S ratio of the stock is 0.08, while the historical median P/S ratio is 1.13. The stock lost 14.56% during the past 12 months.

For the complete 20-year historical financial data of BKEP, click here.