BlueKnight Energy Partners (BKEP) Misses Q4 EPS by 19c
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Blueknight Announces Fourth Quarter and Full Year 2016 Results
March 8, 2017 4:48 PM ESTOKLAHOMA 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, 2016.
The Partnership reported net income of $2.0 million on total revenues of $46.0 million for the three months ended December 31, 2016, compared to a net loss of $16.9 million on total revenues of $43.9 million for the same period in 2015. BKEP recorded a net loss of $4.8 million on total revenues of $177.4 million for the twelve months ended December 31, 2016, compared to net income of $6.4 million on total revenues of $180.0... More
