BlueKnight Energy Partners (BKEP) Tops Q3 EPS by 8c

Blueknight Reports 29.6 Percent Increase in Distributable Cash Flow and 28.2 Percent Increase in Adjusted EBITDA in the Third Quarter

OKLAHOMA CITY--(BUSINESS WIRE)-- Blueknight Energy Partners, L.P. (BKEP or the Partnership) (NASDAQ: BKEP)(NASDAQ: BKEPP), a midstream energy company providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products, today announced distributable cash flow of $20.6 million for the three months ended September 30, 2015, compared to $15.9 million for the three months ended September 30, 2014, an increase of 29.6%. Distributable cash flow for the nine months ended September 30, 2015, was $44.9 million versus $36.7 million for the same period in 2014, an increase of 22.3%. Distributable cash... More

Blueknight Announces Open Season for Oklahoma Condensate Pipeline

OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)-- Blueknight Energy Partners, L.P. (NASDAQ: BKEP) (NASDAQ: BKEPP) ("BKEP" or the "Partnership"), a midstream energy company providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products, announced today it is conducting an open season for an Oklahoma Condensate Pipeline.

Blueknight intends to convert a portion of its existing Oklahoma Mainline System to meet growing demand for dedicated condensate service. The pipeline, which will originate in Maysville, Okla., and terminate at... More