Blueknight Energy Partners, L.P. (BKEP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Blueknight Energy Partners, L.P. (BKEP) trades at $4.63. Blueknight Energy Partners, L. P. specializes in integrated terminalling services for liquid asphalt. Sector: Energy.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for BKEP: BKEP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BKEP against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BKEP: 1/1 perspectives are bearish.
How is this calculated? →Blueknight Energy Partners, L.P. (BKEP) Energy Operations & Outlook
Blueknight Energy Partners, L.P. provides critical terminalling infrastructure for the liquid asphalt market in the United States. With 54 terminals across 26 states, BKEP facilitates the storage and distribution of asphalt, playing a vital role in the energy midstream sector, though current profitability faces challenges.
What Is the Investment Thesis for BKEP?
Blueknight Energy Partners, L.P. presents a complex investment case. The company's extensive network of 54 terminals across 26 states provides a strategic advantage in the liquid asphalt market. The company's gross margin of 100% indicates efficient operations at the terminal level. However, the negative P/E ratio of -38.29 and a profit margin of -93.9% raise concerns about overall profitability. The dividend yield of 3.64% may attract income-seeking investors, but the long-term sustainability of the dividend depends on improved financial performance. Potential growth catalysts include increased infrastructure spending and demand for asphalt. Investors should closely monitor the company's ability to improve profitability and manage its financial obligations.
Based on FMP financials and quantitative analysis
BKEP Key Highlights
- Operates 54 terminals across 26 states, providing a wide geographic reach for liquid asphalt terminalling services.
- Gross margin of 100% indicates efficient operations at the terminal level.
- Dividend yield of 3.64% may attract income-seeking investors.
- Negative P/E ratio of -38.29 reflects current challenges in achieving profitability.
- Profit margin of -93.9% highlights the need for improved cost management and revenue generation.
Who Are BKEP's Competitors?
BKEP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AE Adams Resources & Energy, Inc. | $37.98 | +0.00% | $97.77M | 46 |
| ALPS Alps Group Inc is an integrated biotechnology platform focused on advanced therapies. The company | $0.58 | -0.97% | $97.06M | 46 |
| BROG Brooge Energy Limited | $2.60 | +0.00% | $232.93M | 45 |
| DLNG Dynagas LNG Partners LP | $3.62 | +1.40% | $131.70M | 55 |
| GLOP-PA GasLog Partners LP acquires, owns, and | $25.59 | -0.16% | $410.38M | 39 |
| VG Venture Global, Inc. | $10.87 | -2.38% | $26.53B | 65 |
| GLNG Golar LNG Limited | $49.35 | +0.69% | $5.02B | 64 |
| OKE ONEOK, Inc. | $87.27 | -0.64% | $54.98B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BKEP's Key Strengths?
- Extensive network of 54 terminals.
- Strategic locations in 26 states.
- Specialized expertise in liquid asphalt terminalling.
- Gross margin of 100%.
What Are BKEP's Weaknesses?
- Negative P/E ratio.
- Low profit margin.
- Dependence on infrastructure spending.
- High beta value of 1.56 indicating high volatility.
What Could Drive BKEP Stock Higher?
- Potential infrastructure bill passage could increase demand for asphalt and terminalling services.
- Focus on operational efficiency and cost management to improve profitability.
- Expansion of strategic partnerships to secure long-term contracts.
What Are the Key Risks for BKEP?
- Insider selling — insiders were net sellers of roughly $7.8M recently.
- Economic downturn could reduce infrastructure spending and demand for asphalt.
- Regulatory changes could increase compliance costs.
- Environmental concerns could lead to stricter regulations and increased scrutiny.
- Competition from larger, more diversified players could erode market share.
What Are the Growth Opportunities for BKEP?
- Increased Infrastructure Spending: The ongoing need for infrastructure development and maintenance across the United States presents a significant growth opportunity for Blueknight. Government initiatives, such as infrastructure bills, can drive demand for asphalt and, consequently, increase utilization of Blueknight's terminalling services. Securing contracts related to these projects could lead to a substantial increase in revenue and profitability. The timeline for realizing this opportunity depends on the pace of infrastructure project approvals and implementation.
- Expansion of Terminal Network: Blueknight can expand its geographic reach and market share by strategically acquiring or developing new terminals in key regions. Identifying areas with high demand for asphalt and limited terminalling capacity could provide attractive investment opportunities. Expanding the network would allow Blueknight to serve a broader customer base and increase its overall throughput volume. This strategy requires careful market analysis and capital investment, with a potential timeline of 2-3 years for significant expansion.
- Enhanced Service Offerings: Blueknight can enhance its service offerings by providing additional value-added services to its customers. This could include blending, modification, and quality control services, which would increase the attractiveness of its terminals and generate additional revenue streams. Investing in advanced equipment and technology to improve the efficiency and reliability of its services could also attract new customers and strengthen existing relationships. The implementation of enhanced services could be phased in over a 1-2 year period.
- Strategic Partnerships: Forming strategic partnerships with asphalt producers, distributors, and end-users can create mutually beneficial relationships and secure long-term contracts for Blueknight. Collaborating with these partners on infrastructure projects and supply chain optimization can enhance Blueknight's competitive position and ensure a stable flow of business. These partnerships can also provide access to new markets and technologies. Building strong partnerships requires effective communication and alignment of interests, with a potential timeline of several months to a year to establish meaningful collaborations.
- Renewable Asphalt Technologies: Exploring and adopting renewable asphalt technologies can position Blueknight as a leader in sustainable infrastructure solutions. As environmental concerns grow, there is increasing demand for asphalt products that incorporate recycled materials and reduce carbon emissions. Investing in research and development to develop and implement these technologies can attract environmentally conscious customers and enhance Blueknight's reputation. The timeline for widespread adoption of renewable asphalt technologies depends on technological advancements and regulatory support.
What Opportunities Does BKEP Have?
- Increased infrastructure spending.
- Expansion of terminal network.
- Enhanced service offerings.
- Strategic partnerships.
What Threats Does BKEP Face?
- Economic downturns.
- Regulatory changes.
- Environmental concerns.
- Competition from larger, more diversified players.
What Are BKEP's Competitive Advantages?
- Strategic terminal locations provide a competitive advantage.
- Extensive network of terminals creates barriers to entry for new competitors.
- Specialized expertise in liquid asphalt terminalling.
- Long-term contracts with customers ensure stable revenue streams.
What Does BKEP Do?
Blueknight Energy Partners, L.P., established in 2007 and headquartered in Tulsa, Oklahoma, has evolved into a key player in the liquid asphalt terminalling sector. Originally incorporated as SemGroup Energy Partners, L.P., the company rebranded to Blueknight Energy Partners, L.P. in December 2009, marking a strategic shift towards its current focus. The company's core business revolves around providing integrated terminalling services, which encompass the storage, blending, and handling of liquid asphalt for companies involved in its production and distribution. As of March 1, 2022, Blueknight operates a network of 54 strategically located terminals spanning 26 states, providing essential infrastructure for the asphalt supply chain. These terminals are equipped to handle various grades and specifications of liquid asphalt, ensuring a reliable and efficient flow of product to meet customer demands. Blueknight Energy Partners G.P., L.L.C. serves as the general partner, overseeing the operations and strategic direction of the limited partnership. The company's extensive terminal network and specialized expertise in liquid asphalt terminalling position it as a vital link between asphalt producers and end-users, supporting infrastructure development and maintenance projects across the United States.
What Products and Services Does BKEP Offer?
- Provides terminalling services for liquid asphalt.
- Operates a network of 54 terminals in 26 states.
- Stores liquid asphalt for producers and distributors.
- Blends different grades of liquid asphalt to meet customer specifications.
- Handles the transfer of liquid asphalt between transportation modes.
- Offers integrated services to ensure efficient product flow.
How Does BKEP Make Money?
- Generates revenue through fees for terminalling services.
- Charges fees based on throughput volume and storage capacity.
- Provides value-added services such as blending and modification for additional revenue.
- Operates under long-term contracts with customers to ensure stable revenue streams.
What Industry Does BKEP Operate In?
Blueknight Energy Partners, L.P. operates within the oil & gas midstream sector, specifically focusing on terminalling services for liquid asphalt. The asphalt market is driven by infrastructure development and maintenance, with demand fluctuating based on government spending and economic conditions. The competitive landscape includes other terminalling and logistics providers, as well as integrated oil and gas companies. Blueknight's specialization in liquid asphalt provides a niche market position, but the company faces competition from larger, more diversified players. The industry is subject to regulatory oversight and environmental concerns, requiring companies to invest in safety and compliance measures.
Who Are BKEP's Key Customers?
- Asphalt producers who need storage and handling services.
- Asphalt distributors who transport and sell liquid asphalt.
- Construction companies that use liquid asphalt for road paving and other projects.
- Government agencies responsible for infrastructure development and maintenance.
Company Profile
Blueknight Energy Partners, L.P. operates in the Oil & Gas Midstream industry within the Energy sector. It is headquartered in Tulsa, US. The company is led by CEO Mark Hurley. BKEP has traded publicly since 2007.
ROE 17%Key Financial Metrics
Return on equity for Blueknight Energy Partners, L.P. stands at 17.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -3.6%, showing how much profit it generates from its asset base. Its earnings yield is -2.6%, the inverse of the P/E and a quick read on earnings relative to price.
Net sellingInsider Activity
The most recent 12 insider filings for Blueknight Energy Partners, L.P. break down as 8 sales and 4 purchases. On net that is roughly 1.3M shares disposed (about $7.8M), a signal worth weighing alongside the fundamentals.
BKEP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Extensive network of 54 terminals.
- Strategic locations in 26 states.
- Specialized expertise in liquid asphalt terminalling.
- Gross margin of 100%.
Bear Case
- Negative P/E ratio.
- Low profit margin.
- Dependence on infrastructure spending.
- High beta value of 1.56 indicating high volatility.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
BKEP Latest News
No recent news available for BKEP.
BKEP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BKEP.
Price Targets
Wall Street price target analysis for BKEP.
BKEP MoonshotScore
What does this score mean?
The MoonshotScore rates BKEP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Mark Hurley
CEO
Mark Hurley serves as the CEO of Blueknight Energy Partners, L.P., managing a team of 130 employees. His career spans various leadership roles within the energy sector, with a focus on midstream operations and infrastructure development. He brings extensive experience in strategic planning, financial management, and operational excellence to the company. His background includes a strong emphasis on safety and environmental stewardship, aligning with the company's commitment to responsible operations.
Track Record: Under Mark Hurley's leadership, Blueknight Energy Partners, L.P. has focused on optimizing its terminal network and enhancing its service offerings. Key achievements include maintaining a high gross margin and navigating the challenges of a fluctuating energy market. He has also emphasized building strong relationships with customers and partners to ensure long-term stability and growth.
BKEP Energy Stock FAQ
What does Blueknight Energy Partners, L.P. do?
Blueknight Energy Partners, L.P. specializes in providing integrated terminalling services for companies engaged in the production, distribution, and handling of liquid asphalt. The company operates a network of 54 terminals located in 26 states, offering storage, blending, and handling services to ensure the efficient flow of liquid asphalt from producers to end-users. Blueknight's extensive terminal network and specialized expertise position it as a vital link in the asphalt supply chain, supporting infrastructure development and maintenance projects across the United States.
What do analysts say about BKEP stock?
Analyst coverage of Blueknight Energy Partners, L.P. is limited, given its market capitalization and specific focus within the midstream energy sector. Key valuation metrics to consider include the company's P/E ratio, profit margin, and dividend yield. The company's growth prospects are tied to infrastructure spending and demand for asphalt, as well as its ability to improve profitability and manage its financial obligations. Investors should conduct their own due diligence and consider their risk tolerance before investing in BKEP.
What are the main risks for BKEP?
Blueknight Energy Partners, L.P. faces several risks, including economic downturns that could reduce infrastructure spending and demand for asphalt. Regulatory changes and environmental concerns could also increase compliance costs and limit operational flexibility. Competition from larger, more diversified players poses a threat to market share. The company's current financial performance, as reflected in its negative P/E ratio and low profit margin, highlights the need for improved cost management and revenue generation. Investors should carefully consider these risks before investing in BKEP.
How exposed is BKEP to commodity price fluctuations?
Blueknight's revenue model, based on terminalling and storage fees, provides some insulation from direct commodity price fluctuations compared to companies directly involved in oil and gas production. However, indirect exposure exists. Lower crude oil prices can reduce asphalt production, impacting terminalling volumes. BKEP may employ hedging strategies to mitigate risks, but these strategies' effectiveness varies. Investors should monitor BKEP's sensitivity to commodity price changes, hedging practices, and revenue impacts.
How does Blueknight Energy Partners, L.P. ensure the safety and environmental responsibility of its operations?
Blueknight Energy Partners, L.P. prioritizes safety and environmental responsibility through stringent operational procedures, regular inspections, and investments in advanced technologies. The company adheres to all applicable regulations and industry best practices to minimize the risk of accidents and environmental incidents. Blueknight also conducts regular training programs for its employees to ensure they are equipped to handle hazardous materials and respond to emergencies. The company's commitment to safety and environmental stewardship is essential for maintaining its license to operate and protecting its reputation.
What are the key factors to evaluate for BKEP?
Evaluate BKEP on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does BKEP data refresh on this page?
BKEP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BKEP's recent stock price performance?
Blueknight Energy Partners, L.P. (BKEP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Extensive network of 54 terminals. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited analyst coverage may impact the availability of information.
- Financial data is based on the most recent available information.
- Future performance is subject to market conditions and company-specific factors.