GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Blueknight Energy Partners LP (NAS:BKEP) » Definitions » 6-1 Month Momentum %

Blueknight Energy Partners LP (Blueknight Energy Partners LP) 6-1 Month Momentum % : 37.01% (As of Apr. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Blueknight Energy Partners LP 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Blueknight Energy Partners LP's 6-1 Month Momentum % is 37.01%.

The industry rank for Blueknight Energy Partners LP's 6-1 Month Momentum % or its related term are showing as below:

BKEP's 6-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: 0.31 vs BKEP: 37.01

Competitive Comparison of Blueknight Energy Partners LP's 6-1 Month Momentum %

For the Oil & Gas Midstream subindustry, Blueknight Energy Partners LP's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blueknight Energy Partners LP's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Blueknight Energy Partners LP's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Blueknight Energy Partners LP's 6-1 Month Momentum % falls into.



Blueknight Energy Partners LP  (NAS:BKEP) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blueknight Energy Partners LP  (NAS:BKEP) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Blueknight Energy Partners LP 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Blueknight Energy Partners LP's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blueknight Energy Partners LP (Blueknight Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
6060 American Plaza, Suite 600, Tulsa, OK, USA, 74135
Blueknight Energy Partners LP is a limited partnership operating in the US. The company is engaged in providing storage, gathering, and distribution services that support the domestic transportation infrastructure markets.
Executives
D Andrew Woodward officer: Chief Financial Officer C/O ANDX, FINDLAY OH 45840
Steven M Bradshaw director 7802 OVERBROOK LANE, HOUSTON TX 77063
Matthew R Lewis officer: Chief Financial Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
William Walter Lampton director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Robert Howard Lampton director 2829 LAKELAND DRIVE, 2000, FLOWOOD MS 39232
Michael G Mclanahan officer: Chief Accounting Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Mark A. Hurley officer: Chief Executive Officer 201 NW 10TH, SUITE 200, OKLAHOMA CITY OK 73103
Joel Pastorek director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Wiley Rebhun Adams director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Msd Partners, L.p. 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Alex G Stallings other: CAO & Sec. of GP of Issuer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Joel Kanvik officer: Cheif Legal Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Edward Drew Brooks director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Jimmy Arden Langdon director 2829 LAKELAND DRIVE, FLOWOOD MS 39232

Blueknight Energy Partners LP (Blueknight Energy Partners LP) Headlines