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Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) price target lowered to $1.00 by Wells Fargo & Co

Mar 14, 2019 (Market Exclusive via COMTEX) --

Analyst Ratings For Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP)

Today, Wells Fargo & Co lowered its price target on Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) to $1.00 per share.

There are 2 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) is Buy with a consensus target price of $2.6667 per share, a potential 142.16% upside.

Some recent analyst ratings include

  • 12/8/2017-Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) had its Hold rating reiterated by Royal Bank of Canada with a $6.00 price target
  • On 9/14/2018 Mark A Hurley, CEO, bought 20,394 with an average share price of $2.45 per share and the total transaction amounting to $49,965.30.
  • On 2/15/2018 Duke R Ligon, Director, bought 2,839 with an average share price of $5.33 per share and the total transaction amounting to $15,131.87.
  • On 1/24/2018 Msd Partners, L.P., Major Shareholder, sold 3,073,951 with an average share price of $5.17 per share and the total transaction amounting to $15,892,326.67.
  • On 12/13/2017 Msd Partners, L.P., Major Shareholder, sold 95,259 with an average share price of $5.10 per share and the total transaction amounting to $485,820.90.
  • On 12/11/2017 Msd Partners, L.P., Major Shareholder, sold 34,925 with an average share price of $5.14 per share and the total transaction amounting to $179,514.50.
  • On 12/8/2017 Msd Partners, L.P., Major Shareholder, sold 140,952 with an average share price of $5.10 per share and the total transaction amounting to $718,855.20.
  • On 12/6/2017 Robert Howard Lampton, Director, bought 26,835 with an average share price of $5.04 per share and the total transaction amounting to $135,248.40.

About Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP)
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. As of March 7, 2018, this segment had 56 terminals located in 26 states. Its Crude Oil Terminalling Services segment provides terminalling services, including storage, blending, processing, and throughput services for crude oil. This segment owns and operates 34 crude oil storage tanks with approximately 6.6 million barrels of storage capacity. The company's Crude Oil Pipeline Services segment owns and operates crude oil transportation system with a combined length of approximately 655 miles; and purchases crude oil from production leases in Oklahoma and markets those barrels at the Cushing Interchange. Its Crude Oil Trucking and Producer Field Services segment offers crude oil producer field services comprising gathering condensates from natural gas companies to hauling produced water to disposal wells; and producer field services, such as gas gathering pipeline maintenance, hot and cold fresh water delivery, chemical and downhole well treatment, wet oil cleanup, and separation facilities building and maintenance services. This segment owns or leases approximately 65 tanker trucks; and operates a producer service fleet of approximately 85 trucks. Blueknight Energy Partners G.P., L.L.C. operates as a general partner of the company. The company was formerly known as SemGroup Energy Partners, L.P. and changed its name to Blueknight Energy Partners, L.P. in December 2009. Blueknight Energy Partners, L.P. was founded in 2007 and is headquartered in Oklahoma City, Oklahoma.

Recent Trading Activity for Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP)
Shares of Blueknight Energy Partners LP Common Stock closed the previous trading session at 1,10 +0,011 1,03 % with 1.14 shares trading hands.

The post Blueknight Energy Partners LP Common Stock (NASDAQ:BKEP) price target lowered to $1.00 by Wells Fargo & Co appeared first on Market Exclusive.

********************************************************************** As of Sunday, 03-10-2019 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 04-23-2012 for WFC @ $32.60. For more inform

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