Blueknight Energy Partners L.P., L.L.C. (NASDAQ:BKEP) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.08 per share.
For the full year, analysts predict revenues of $ 245.00 million, while looking forward to loss of $ 0.16 per share.
Previous Quarter Performance
Blueknight Energy Partners L.P., L.L.C. outlined loss for the second quarter of $ 0.12 per share, from the revenue of $ 53.44 million. According to street consensus, BKEP was expected to report 2Q20 loss of $ 0.02 per share from revenue of $ 74.70 million. The bottom line results missed street analysts by $ 0.1 or 500 percent, at the same time, top line results fell short of analysts by $ 21.26 million or 28.46 percent.
Stock Performance
Shares of Blueknight Energy Partners L.P., L.L.C. traded up $ 0.02 or 1.46 percent on Tuesday, reaching $ 1.39 with volume of 60.70 thousand shares. Blueknight Energy Partners L.P., L.L.C. has traded high as $ 1.39 and has cracked $ 1.34 on the downward trend
According to the previous trading day, closing price of $ 1.39, representing a 158.49 % increase from the 52 week low of $ 0.53 and a 23.46 % decrease over the 52 week high of $ 1.79.
The company has a market capital of $ 57.27 million and is part of the Energy sector and Oil & Gas Midstream industry.
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 operates through four segments: Asphalt Terminalling Services, Crude Oil Terminalling Services, Crude Oil Pipeline Services, and Crude Oil Trucking Services.
