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Blueknight Energy Partners news covered the partnership's asphalt terminal operations, unitholder distributions, tax reporting materials, operating results, capital-structure updates, and project activity tied to its U.S. liquid asphalt storage network. Company announcements also described its strategic repositioning after exiting crude oil operations and its focus on infrastructure and transportation end markets.
Later references to Blueknight discuss the completed sale of the business and its former role as an independent operator of a national asphalt storage, logistics, and infrastructure network.
Blueknight Energy Partners, L.P. (NASDAQ: BKEP) is set to announce its third quarter 2020 financial results on November 4, 2020, after market close. A conference call to discuss these results will be held on November 5, 2020, at 10:00 a.m. CST. Participants can join via telephone, with access numbers provided for both domestic and international callers. The company operates a diversified portfolio of midstream energy assets, including 8.8 million barrels of liquid asphalt storage and 6.9 million barrels of crude oil storage, primarily in Oklahoma.
Blueknight Energy Partners, L.P. (BKEP) has declared a quarterly cash distribution of $0.04 per common unit and $0.17875 per preferred unit for Q3 2020, consistent with Q2 2020 payouts. These distributions will be paid on November 13, 2020, to unitholders of record by November 3, 2020. The announcement is accompanied by a cautionary note regarding forward-looking statements, highlighting risks related to future cash flows, operations, and market conditions.