BlueKnight Energy Partners (BKEP) Tops Q2 EPS by 24c

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Blueknight Announces Second Quarter 2016 Results

August 2, 2016 5:02 PM EDT

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 six months ended June 30, 2016.

The Partnership reported a net loss of $18.9 million on total revenues of $43.4 million for the three months ended June 30, 2016, compared to net income of $7.7 million on total revenues of $46.6 million for the same period in 2015. BKEP recorded a net loss of $18.2 million on total revenues of $84.4 million for the six months ended June 30, 2016, compared to net income of $9.3 million on total revenues of $88.9... More