May 13, 2021
Business News

Blueknight Announces First Quarter 2021 Results


TULSA, Okla.–()–Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP) today reported its financial results for the first quarter ended March 31, 2021. Net income was $81.7 million in the first quarter 2021, compared to net income of $0.0 million for the same period in 2020. The first quarter 2021 included a $75.1 million gain from the sales of the crude oil businesses.

Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) was $11.4 million in first quarter 2021 compared to $11.0 million for the same period in 2020. Adjusted EBITDA in first quarter 2021 excluded $0.8 million in transaction fees, severance, and other costs…



Click here to view the original article.

Related Posts

You might also like ...

Farmers Edge Reports First Quarter 2021 Results
U.S. Department of Health and Human Services Selects Box for Cloud Content Management
Schlumberger benoemt Dr. Katharina Beumelburg als Chief Strategy en Sustainability Office