Blueknight Announces Third Quarter 2021 Results
Blueknight Energy Partners L.P. - Common Units representing Limited Partner Interests (BKEP)
Last blueknight energy partners l.p. - common units representing limited partner interests earnings: 8/7 04:30 pm
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Source: GlobeNewswire
Highlights Third quarter 2021 income from continuing operations was $12.6 million, up 34% year-over-yearThird quarter 2021 Adjusted EBITDA from continuing operations of $16.9 million and Distributable Cash Flow from continuing operations of $13.9 million, up 22% and 21% year-over-year, respectivelyExpected to exceed full-year 2021 guidance on key financial targetsTop-tier financial metrics with third quarter 2021 total leverage ratio of 1.87 times and distribution coverage ratio of 1.73 times on all distributions and 4.35 times on common unit distributions TULSA, Okla., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP) today reported its financial results for the third quarter ended September 30, 2021. Income from continuing operations was $12.6 million in the third quarter of 2021, compared to $9.4 million for the same period in 2020. Adjusted earnings before interest, taxes, depreciation and amortizati
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