Overview
- IndustryPipe Lines (No Natural Gas)2
- HeadquartersTulsa, United States2
- Incorporated inDE4
- Business address6060 American Plaza, Suite 600, Tulsa, Ok 731354
- Filer categoryAccelerated filer, Smaller reporting company4
- Legal formLimited Partnership2
- Kind of organizationLimited partnership2
- LEI549300MJZOVVV4LEQN472
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 42443472
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Interest4¢$4.9M
- Income tax0¢$30.0K
- Profit96¢$110.5M
Out of $115.4M in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Capital spending17¢$8.4M
- Kept or used elsewhere83¢$40.9M
Out of $49.3M of cash from operations.3
Financial statements
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $186.6M5 | $180.0M6 | $177.4M7 | $181.9M7 | $316.8M8 | $308.9M8 | $110.2M3 | $115.4M3 |
| Operating income | $37.3M5 | $14.0M6 | $6.5M7 | $28.8M7 | -$27.2M8 | $29.0M9 | $33.2M3 | $37.1M3 |
| Interest | $12.3M5 | $11.2M6 | $12.6M7 | $14.0M7 | $16.9M8 | $7.4M9 | $5.7M3 | $4.9M3 |
| Income before tax | $34.8M3 | |||||||
| Income tax | $469.0K5 | $323.0K6 | $260.0K7 | $166.0K7 | $198.0K8 | $44.0K9 | -$7.0K3 | $30.0K3 |
| Net income | $27.6M5 | $6.4M6 | -$4.8M7 | $20.0M7 | -$42.0M8 | $18.4M9 | -$13.5M3 | $110.5M3 |
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash | $2.7M6 | $3.0M7 | $3.3M7 | $2.5M8 | $1.5M8 | $589.0K9 | $805.0K3 | $1.2M3 |
| Receivables | $3.0M3 | |||||||
| Current assets | $21.5M12 | $19.4M5 | $22.2M6 | $23.6M7 | $47.5M8 | $34.1M9 | $103.9M3 | $7.6M3 |
| Property, plant and equipment | $106.4M3 | |||||||
| Goodwill | $6.7M3 | |||||||
| Intangible assets | $5.1M3 | |||||||
| Total assets | $364.4M12 | $364.7M5 | $375.7M6 | $340.9M7 | $323.3M8 | $301.9M9 | $233.0M3 | $136.9M3 |
| Accounts payable | $2.1M3 | |||||||
| Current liabilities | $22.1M12 | $26.9M5 | $20.5M6 | $23.6M7 | $48.9M8 | $54.6M9 | $35.3M3 | $20.0M3 |
| Long-term debt | $216.0M12 | $245.0M5 | $324.0M6 | $307.6M7 | $265.6M8 | $255.6M9 | $252.6M3 | $98.0M3 |
| Shares outstanding | 32.8M shares12 | 33.0M shares5 | 38.0M shares6 | 40.2M shares7 | 40.4M shares7 | 40.7M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $58.2M5 | $60.5M6 | $52.8M7 | $54.5M7 | $48.8M8 | $49.8M9 | $61.2M3 | $49.3M3 |
| Depreciation and amortization | $11.9M3 | |||||||
| Stock-based compensation | $618.0K3 | |||||||
| Capital spending | $37.4M5 | $41.6M6 | $20.0M7 | $18.7M7 | $34.4M8 | $12.7M9 | $16.3M3 | $8.4M3 |
| Free cash flow | $20.9M | $18.9M | $32.9M | $35.8M | $14.4M | $37.1M | $44.8M | $40.9M |
| Cash from investing | $147.9M3 | |||||||
| Cash from financing | -$196.8M3 |
Compare Blueknight Energy Partners, L.P. with another company
Corporate structure
Blueknight Energy Partners, L.P. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Blueknight Energy Partners, L.P.
- Invesco Filed SC 13G/A on Blueknight Energy Partners, L.P., latest Feb 8, 2023
- ERGON INC Filed SC 13D/A on Blueknight Energy Partners, L.P., latest Aug 17, 2022 (3 filings since Oct 8, 2021)
- DG Capital Management, LLC Filed SC 13G/A on Blueknight Energy Partners, L.P., latest Jul 15, 2022 (7 filings since Oct 13, 2021)
- NEXPOINT ASSET MANAGEMENT, L.P. Filed SC 13G on Blueknight Energy Partners, L.P., latest Jun 29, 2022
- ZAZOVE ASSOCIATES LLC Filed SC 13G/A on Blueknight Energy Partners, L.P., latest Jan 7, 2022
- Blueknight Energy Partners, L.P. Tulsa, Oklahoma, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Blueknight Energy Partners, L.P. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $310.5M3 Dec 31, 2021 | $302.3M3 Dec 31, 2020 | +2.7% |
| Accumulated depreciation | $204.1M3 Dec 31, 2021 | $197.6M3 Dec 31, 2020 | +3.3% |
| Property and equipment, net | $106.4M3 Dec 31, 2021 | $104.7M3 Dec 31, 2020 | +1.6% |
| Operating-lease assets (leased space) | $7.9M3 Dec 31, 2021 | $8.5M3 Dec 31, 2020 | −8.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M3 Dec 31, 2021 | $805.0K3 Dec 31, 2020 | +45.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $6.7M3 Dec 31, 2021 | $6.7M3 Dec 31, 2020 | 0% |
| Intangible assets, net (excluding goodwill) | $5.1M3 Dec 31, 2021 | $7.5M3 Dec 31, 2020 | −32.4% |
| Accumulated amortization | $10.9M3 Dec 31, 2021 | $8.5M3 Dec 31, 2020 | +28.8% |
| Finite-lived intangibles, net | $5.1M3 Dec 31, 2021 | $7.5M3 Dec 31, 2020 | −32.4% |
| Customer relationships, net | $16.0M3 Dec 31, 2021 | $16.0M3 Dec 31, 2020 | 0% |
Leadership
Who has led Blueknight Energy Partners, L.P., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerD. Andrew Woodward Jul 7, 2020 to Aug 17, 202213
- Chief executive officerMark A. Hurley Feb 14, 2013 to Mar 12, 202014
- Chief financial officerMatthew R. Lewis Sep 15, 2020 to Aug 17, 202215
- Chief financial officerD. Andrew Woodward Apr 30, 2019 to Mar 12, 202016
- Chief financial officerAlex G. Stallings Oct 19, 2011 to Mar 8, 201817
- Chief operating officerJeffrey A. Speer Jan 21, 2014 to Aug 17, 202218
Board members and other officers (24)
- Chief Accounting OfficerMichael G. McLanahan Apr 1, 2019 to Aug 17, 202219
- Cheif Legal OfficerJoel Kanvik Nov 9, 2016 to Nov 9, 201620
- VP PL Marketing & Bisiness DevBrian L. Melton Mar 5, 2015 to Jul 3, 201921
- EVP - Products of GP of IssuerJerry A. Parsons Mar 14, 2011 to Oct 27, 201122
- VP Transportation of GPLarry E. Hatley Mar 18, 2011 to Mar 12, 201323
- VP -Business Development of GPMichael S. Prince Mar 18, 2011 to Mar 9, 201224
- EVP - OperationsJeffrey A. Speer Feb 25, 2010 to Mar 12, 201325
- Board memberWiley Rebhun Adams Feb 23, 2018 to Feb 23, 201826
- Board memberJoel Pastorek Aug 27, 2018 to Aug 27, 201827
- Board memberDonald M. Brooks Oct 6, 2016 to Oct 6, 201628
- Board memberEdward Drew Brooks Oct 6, 2016 to Oct 6, 201629
- Board memberJimmy Arden Langdon Oct 6, 2016 to Oct 6, 201630
- Board memberJon Biotti Oct 6, 2016 to Oct 6, 201631
- Board memberMichael R. Eisenson Oct 6, 2016 to Oct 6, 201632
- Board memberRobert Howard Lampton Oct 6, 2016 to Sep 13, 201933
- Board memberWilliam Walter Lampton Oct 6, 2016 to Sep 17, 201934
- Board memberFrancis Brenner Feb 14, 2013 to Sep 27, 201635
- Board memberSteven M. Bradshaw Nov 24, 2009 to Aug 17, 202236
- Board memberJohn A. Shapiro Nov 25, 2009 to Aug 17, 202237
- Board memberJames C. Dyer Iv. Dec 3, 2009 to Dec 3, 200938
- Board memberMike A. Loya Dec 3, 2009 to Oct 6, 201639
- Board memberJaved Ahmed Dec 4, 2009 to Dec 4, 200940
- Board memberDuke R. Ligon Oct 8, 2008 to Aug 17, 202241
- General counselJoel Kanvik Mar 8, 2017 to Aug 17, 202242
Former names
- SemGroup Energy Partners, L.P.Mar 9, 2007 to Nov 30, 20094
Timeline
- Aug 17, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer43
- Aug 3, 20228-K Results of operations44
- Jul 29, 20228-K Regulation FD disclosure45
- Jul 26, 20228-K Regulation FD disclosure46
- May 4, 20228-K Results of operations47
- May 3, 20228-K Regulation FD disclosure48
- Apr 26, 20228-K Regulation FD disclosure49
- Apr 22, 20228-K Entered a material agreement; Regulation FD disclosure50
- Mar 8, 20228-K Results of operations51
- Jan 26, 20228-K Regulation FD disclosure52
- Dec 13, 20218-K Other events53
- Nov 16, 20218-K Regulation FD disclosure54
- Jul 7, 2020New chief executive D. Andrew Woodward becomes CEO13
- Feb 14, 2013New chief executive Mark A. Hurley becomes CEO14
Calendar
When it reported results
- Aug 3, 2022Reported quarterly or annual results44
- May 4, 2022Reported quarterly or annual results47
- Mar 8, 2022Reported quarterly or annual results51
- Nov 10, 2021Reported quarterly or annual results55
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
70 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 14 major events, 21 insider forms, 13 large holders, 18 other. The latest 20:
- Feb 8, 2023SC 13G/A SEC SCHEDULE 13G EDGAR
- Aug 29, 202215-12G EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 20224 EDGAR
- Aug 17, 2022SC 13D/A EDGAR
- Aug 17, 2022S-8 POS EDGAR
- Aug 17, 2022S-8 POS EDGAR
- Aug 17, 2022S-8 POS EDGAR
- Aug 17, 2022S-8 POS EDGAR
- Aug 17, 2022S-8 POS EDGAR
- Aug 17, 2022SC 13E3/A EDGAR
- Aug 17, 20228-K EDGAR
- Aug 4, 202210-Q EDGAR
- Aug 3, 20228-K EDGAR
The 70 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 3, 2022 | Kanvik JoelChief Legal Officer | Buy | 4,938 | Form 4 | ||
| Jan 3, 2022 | Lewis Matthew RChief Financial Officer | Buy | 5,123 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- InvescoSC 13G/A, 1 filing Feb 8, 202356
- ERGON INCSC 13D/A, 3 filings Oct 8, 2021 to Aug 17, 202257
- DG Capital Management, LLCSC 13G/A, 7 filings Oct 13, 2021 to Jul 15, 202258
- NEXPOINT ASSET MANAGEMENT, L.P.SC 13G, 1 filing Jun 29, 202259
- ZAZOVE ASSOCIATES LLCSC 13G/A, 1 filing Jan 7, 202260
SEC filer profile
How Blueknight Energy Partners, L.P. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBlueknight Energy Partners, L.P.1
- CIK0001392091
- Employer ID (EIN)20-85368261
- Filer statusAccelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)4610 Pipe Lines (No Natural Gas)1
- Business address6060 American Plaza, Suite 600, Tulsa, OK 731351
- Phone918-237-40001
- Public float$144.5M as of Jun 30, 20213
- On EDGAR sinceMar 9, 20071
- Filings945 in all: 4 (303), 8-K (239), SC 13G/A (63), 3 (52), 10-Q (46), SC 13D/A (38), SC 13G (23), CT ORDER (21)1
All 50 form types
UPLOAD (17), 10-K (15), CORRESP (12), DEFA14A (11), SC 13D (9), EFFECT (6), S-1/A (6), 5 (5), NT 10-Q (5), S-8 (5), S-8 POS (5), 25-NSE (4), 4/A (4), IRANNOTICE (4), S-3 (4), 3/A (3), 8-A12B (3), DEF 14A (3), FWP (3), SC 13E3/A (3), 10-Q/A (2), 424B2 (2), 424B3 (2), 424B4 (2), 424B5 (2), 8-K/A (2), CERTNAS (2), NT 10-K (2), PRER14C (2), S-1 (2), S-3/A (2), 15-12G (1), 5/A (1), 8-A12B/A (1), DEF 14C (1), DEFM14A (1), PRE 14A (1), PRE 14C (1), PREM14A (1), PRER14A (1), S-1MEF (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Mar 9, 2022
Quarterly report (10-Q) Aug 4, 2022
Proxy statement (DEF 14A) Oct 9, 2020
Latest 8-K (8-K) Aug 17, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 10
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- 20SEC EDGARJoel Kanvik, Cheif Legal Officer
- 21
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- 25SEC EDGARJeffrey A. Speer, EVP - Operations
- 26SEC EDGARWiley Rebhun Adams, Board member
- 27SEC EDGARJoel Pastorek, Board member
- 28SEC EDGARDonald M. Brooks, Board member
- 29SEC EDGAREdward Drew Brooks, Board member
- 30SEC EDGARJimmy Arden Langdon, Board member
- 31SEC EDGARJon Biotti, Board member
- 32SEC EDGARMichael R. Eisenson, Board member
- 33SEC EDGARRobert Howard Lampton, Board member
- 34SEC EDGARWilliam Walter Lampton, Board member
- 35SEC EDGARFrancis Brenner, Board member
- 36SEC EDGARSteven M. Bradshaw, Board member
- 37SEC EDGARJohn A. Shapiro, Board member
- 38SEC EDGARJames C. Dyer Iv., Board member
- 39SEC EDGARMike A. Loya, Board member
- 40SEC EDGARJaved Ahmed, Board member
- 41SEC EDGARDuke R. Ligon, Board member
- 42SEC EDGARJoel Kanvik, General counsel
- 43
- 44SEC EDGARResults of operations
- 45SEC EDGARRegulation FD disclosure
- 46SEC EDGARRegulation FD disclosure
- 47SEC EDGARResults of operations
- 48SEC EDGARRegulation FD disclosure
- 49SEC EDGARRegulation FD disclosure
- 50
- 51SEC EDGARResults of operations
- 52SEC EDGARRegulation FD disclosure
- 53SEC EDGAROther events
- 54SEC EDGARRegulation FD disclosure
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