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Blueknight Energy LP (BKEP)

Blueknight Energy LP (BKEP)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Blueknight Energy Partners, L.P., based in Tulsa, Oklahoma, owns and operates a diversified portfolio of complementary midstream energy assets. It provides midstream services to its customers by focusing in three operational areas: crude oil terminalling and storage, crude oil gathering and transportation services and asphalt terminalling, storage and processing services. The Company's strategically located storage facilities, terminals and pipelines provide customers the flexibility to access multiple receipt and delivery points. Its vision is to use its strategically located assets to be a leading provider of midstream services in the energy industry. It intends to accomplish its objective by: pursuing both strategic and accretive acquisitions within the midstream energy industry, pursuing organic expansion opportunities by constructing additional assets in strategic locations, and expanding storage capacity, particularly at its Cushing terminal, and increasing the profitability of its existing assets.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 115,420 110,250 371,070 384,840 181,940
Sales Growth +4.69% -70.29% -3.58% +111.52% +2.57%
Net Income 110,530 -13,480 18,410 -42,050 20,050
Net Income Growth +919.96% -173.22% +143.78% -309.73% +514.26%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 136,900 233,020 301,940 323,300 340,870
Total Assets Growth -41.25% -22.83% -6.61% -5.15% -9.26%
Total Liabilities 129,340 299,240 323,260 330,200 336,190
Total Liabilities Growth -56.78% -7.43% -2.10% -1.78% -3.97%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow 49,330 61,170 49,840 48,780 54,490
Operating Cash Flow Growth -19.36% +22.73% +2.17% -10.48% +3.10%
Net Cash Flow 370 250 -900 -1,010 -840
Change in Net Cash Flow +48.00% +127.78% +10.89% -20.24% -411.11%
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