Blueknight Energy Partners, L.P. (BKEP) Analysts See $0.05 EPS

February 15, 2018 - By Clifton Ray

 Blueknight Energy Partners, L.P. (BKEP) Analysts See $0.05 EPS
Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.33, from 1 in 2017Q2. It increased, as 1 investors sold Blueknight Energy Partners, L.P. shares while 8 reduced holdings. 5 funds opened positions while 7 raised stakes. 21.36 million shares or 1.66% less from 21.72 million shares in 2017Q2 were reported.
Goldman Sachs Group Incorporated accumulated 0% or 46,205 shares. Glenmede Trust Company Na invested 0% in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Benjamin F Edwards & Com holds 0% in Blueknight Energy Partners, L.P. (NASDAQ:BKEP) or 53 shares. Moreover, California Pub Employees Retirement Sys has 0% invested in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Brown Advisory has invested 0% in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Taurus Asset Mngmt Limited Company reported 60,200 shares stake. Morgan Stanley invested in 0% or 421,312 shares. Deutsche Comml Bank Ag reported 120,900 shares stake. Geode Capital Ltd Liability Corporation holds 0% or 24,490 shares in its portfolio. Wells Fargo Com Mn has invested 0% in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Neuberger Berman Ltd Liability Com stated it has 0.04% of its portfolio in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Clearbridge Invs Ltd Company accumulated 3.28 million shares. Moreover, Cushing Asset Ltd Partnership has 0.41% invested in Blueknight Energy Partners, L.P. (NASDAQ:BKEP) for 2.22 million shares. Yorkville Capital Mgmt Limited Com has invested 0.22% in Blueknight Energy Partners, L.P. (NASDAQ:BKEP). Fic holds 0.04% of its portfolio in Blueknight Energy Partners, L.P. (NASDAQ:BKEP) for 17,275 shares.

Since December 11, 2017, it had 0 insider buys, and 3 sales for $16.66 million activity.

Analysts expect Blueknight Energy Partners, L.P. (NASDAQ:BKEP) to report $0.05 EPS on March, 14.They anticipate $0.15 EPS change or 150.00 % from last quarter’s $-0.1 EPS. BKEP’s profit would be $2.07 million giving it 25.75 P/E if the $0.05 EPS is correct. After having $0.08 EPS previously, Blueknight Energy Partners, L.P.’s analysts see -37.50 % EPS growth. The stock increased 0.98% or $0.05 during the last trading session, reaching $5.15. About 16,863 shares traded. Blueknight Energy Partners, L.P. (NASDAQ:BKEP) has risen 36.27% since February 15, 2017 and is uptrending. It has outperformed by 19.57% the S&P500.

Blueknight Energy Partners, L.P. (NASDAQ:BKEP) Ratings Coverage

Among 6 analysts covering Blueknight Energy (NASDAQ:BKEP), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Blueknight Energy had 13 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Monday, October 9 by RBC Capital Markets. The stock of Blueknight Energy Partners, L.P. (NASDAQ:BKEP) earned “Underweight” rating by Barclays Capital on Tuesday, August 11. On Friday, July 22 the stock rating was upgraded by Suntrust Robinson to “Buy”. RBC Capital Markets downgraded the shares of BKEP in report on Friday, November 6 to “Sector Perform” rating. The stock has “Hold” rating by RBC Capital Markets on Sunday, July 30. As per Thursday, May 19, the company rating was initiated by Janney Capital. The firm has “Hold” rating given on Friday, December 8 by RBC Capital Markets. SunTrust maintained the shares of BKEP in report on Tuesday, October 31 with “Buy” rating. DA Davidson initiated the stock with “Buy” rating in Friday, October 7 report. The stock of Blueknight Energy Partners, L.P. (NASDAQ:BKEP) earned “Buy” rating by SunTrust on Friday, July 22.

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. The company has market cap of $213.03 million. The Company’s Asphalt Terminalling Services segment offers asphalt product and residual fuel oil storage services that enable its clients to manage their asphalt product storage, processing, and marketing activities. It currently has negative earnings. As of March 2, 2017, this segment had 54 terminals located in 26 states.

More notable recent Blueknight Energy Partners, L.P. (NASDAQ:BKEP) news were published by: Seekingalpha.com which released: “Blueknight Energy Partners’ (BKEP) CEO Mark Hurley on Q3 2017 Results …” on November 01, 2017, also Seekingalpha.com with their article: “Blueknight Energy Partners LP: The Exit Of A Major Shareholder Is A Bargain …” published on December 20, 2017, Seekingalpha.com published: “Blueknight Energy Partners: Paving The Way After Harvey” on September 06, 2017. More interesting news about Blueknight Energy Partners, L.P. (NASDAQ:BKEP) were released by: Businesswire.com and their article: “Blueknight Energy Partners to Acquire Nine Asphalt Terminals from Ergon for …” published on July 19, 2016 as well as Nasdaq.com‘s news article titled: “Blueknight Energy Partners LP, LLC (BKEP) Ex-Dividend Date Scheduled for May …” with publication date: May 02, 2017.

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