Share on StockTwits

Blueknight Energy Partners L.P. (NASDAQ:BKEP) CEO Mark A. Hurley sold 1,500 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $8.73, for a total value of $13,095.00. Following the transaction, the chief executive officer now directly owns 467,050 shares of the company’s stock, valued at approximately $4,077,347. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Zacks upgraded shares of Blueknight Energy Partners L.P. from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $8.70 price target on the stock.

Shares of Blueknight Energy Partners L.P. (NASDAQ:BKEP) opened at 8.81 on Thursday. Blueknight Energy Partners L.P. has a one year low of $8.00 and a one year high of $9.50. The stock has a 50-day moving average of $8.82 and a 200-day moving average of $8.99. The company has a market cap of $202.0 million and a P/E ratio of 180.00.

Blueknight Energy Partners L.P. (NASDAQ:BKEP) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.08 by $0.16. Analysts expect that Blueknight Energy Partners L.P. will post $0.13 EPS for the current fiscal year.

Blueknight Energy Partners, L.P. (NASDAQ:BKEP) provides integrated terminalling, storage, processing, gathering and transportation services for companies engaged in the production, distribution and marketing of crude oil and asphalt product.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.