Somewhat Positive Press Coverage Somewhat Unlikely to Impact Blueknight Energy Partners LP Common Stock (BKEP) Stock Price

Press coverage about Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blueknight Energy Partners LP Common Stock earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 46.1944052156059 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

BKEP stock opened at $2.45 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of -1.31. Blueknight Energy Partners LP Common Stock has a one year low of $2.35 and a one year high of $5.95. The company has a market cap of $86.06 million, a price-to-earnings ratio of -27.22 and a beta of 0.65.

Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) last issued its earnings results on Wednesday, August 1st. The pipeline company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.03). Blueknight Energy Partners LP Common Stock had a negative return on equity of 4.82% and a net margin of 4.51%. The firm had revenue of $83.49 million during the quarter, compared to analysts’ expectations of $44.86 million. analysts anticipate that Blueknight Energy Partners LP Common Stock will post -0.2 EPS for the current year.

Several brokerages have issued reports on BKEP. ValuEngine upgraded shares of Blueknight Energy Partners LP Common Stock from a “sell” rating to a “hold” rating in a research report on Friday, June 1st. Zacks Investment Research lowered shares of Blueknight Energy Partners LP Common Stock from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 16th. SunTrust Banks set a $3.00 target price on shares of Blueknight Energy Partners LP Common Stock and gave the company a “buy” rating in a research report on Sunday, August 5th. Wells Fargo & Co dropped their target price on shares of Blueknight Energy Partners LP Common Stock from $7.00 to $3.00 and set a “market perform” rating for the company in a research report on Monday, June 11th. Finally, Stephens set a $4.00 target price on shares of Blueknight Energy Partners LP Common Stock and gave the company a “buy” rating in a research report on Tuesday, August 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Blueknight Energy Partners LP Common Stock currently has an average rating of “Hold” and a consensus price target of $4.35.

Blueknight Energy Partners LP Common Stock Company Profile

Blueknight Energy Partners, L.P. provides integrated terminalling, gathering, and transportation services for companies engaged in the production, distribution, and marketing of liquid asphalt and crude oil products in the United States. The company's Asphalt Terminalling Services segment offers asphalt terminalling services, including storage, blending, processing, and throughput services for asphalt product and residual fuel oil.

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