BlueKnight Energy Partners (BKEP) Misses Q4 EPS by $1.24, Revenue Beats
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Blueknight Announces Fourth Quarter and Full Year 2018 Results
March 11, 2019 5:38 PM EDTOKLAHOMA 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, 2018.
Summary:
Results for the Quarter:
Net loss of $50.7 million for the three months ended December 31, 2018, as compared to net income of $0.4 million for the same period in 2017. Net loss for the fourth quarter ended December 31, 2018, was impacted by impairment charges of $40.7 million and $10.0 million related to the Partnerships Oklahoma pipeline... More