Press coverage about Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blueknight Energy Partners LP Common Stock earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 46.3308301746399 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities analysts have recently issued reports on the stock. SunTrust Banks set a $3.00 price objective on shares of Blueknight Energy Partners LP Common Stock and gave the stock a “buy” rating in a research note on Sunday, August 5th. Stephens set a $4.00 target price on shares of Blueknight Energy Partners LP Common Stock and gave the stock a “buy” rating in a report on Tuesday, August 7th. ValuEngine upgraded shares of Blueknight Energy Partners LP Common Stock from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd. TheStreet cut shares of Blueknight Energy Partners LP Common Stock from a “c-” rating to a “d+” rating in a report on Thursday, May 31st. Finally, Wells Fargo & Co decreased their target price on shares of Blueknight Energy Partners LP Common Stock from $7.00 to $3.00 and set a “market perform” rating for the company in a report on Monday, June 11th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $4.35.
Shares of Blueknight Energy Partners LP Common Stock traded down $0.10, reaching $2.80, during trading on Friday, MarketBeat Ratings reports. The stock had a trading volume of 100,645 shares, compared to its average volume of 239,677. Blueknight Energy Partners LP Common Stock has a 52 week low of $2.65 and a 52 week high of $6.05. The firm has a market cap of $101.86 million, a price-to-earnings ratio of -31.11 and a beta of 0.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of -1.31.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 14th. Stockholders of record on Friday, August 3rd will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, August 2nd. This represents a $0.32 annualized dividend and a dividend yield of 11.43%. Blueknight Energy Partners LP Common Stock’s dividend payout ratio is presently -355.56%.
Blueknight Energy Partners LP Common Stock Company Profile
Blueknight Energy Partners, L.P. provides integrated terminalling, gathering, and transportation services for companies engaged in the production, distribution, and marketing of liquid asphalt and crude oil products in the United States. The company's Asphalt Terminalling Services segment offers asphalt terminalling services, including storage, blending, processing, and throughput services for asphalt product and residual fuel oil.
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