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Blueknight Announces Fourth Quarter and Full Year 2017 Results

BLUEKNIGHT ENERGY (BKEP)  More Company Research Source: Business Wire
Last blueknight energy earnings: 8/1 05:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.bkep.com
PDF OKLAHOMA CITY--(BUSINESS WIRE)-- Blueknight Energy Partners, L.P. (“BKEP” or the “Partnership”) (Nasdaq: BKEP) (Nasdaq: BKEPP) today announced its financial results for the three and twelve months ended December 31, 2017. Summary: Results for the Quarter: Net income of $0.4 million for the three months ended December 31, 2017, as compared to $2.0 million for the same period in 2016. Net income for the fourth quarter ended December 31, 2017, was impacted by a $2.4 million asset impairment charge related to the crude oil trucking and producer field services business segment. Operating income of $3.6 million for the three months ended December 31, 2017, as compared to $3.4 million for the same period in 2016. Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) of $14.1 million for the fourth quarte [Read more]

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