Dg Capital Management Lowers stake in Blueknight Energy Partners L.P. (BKEP)

Blueknight Energy Partners L.P. (BKEP) : Dg Capital Management reduced its stake in Blueknight Energy Partners L.P. by 4.11% during the most recent quarter end. The investment management company now holds a total of 2,732,569 shares of Blueknight Energy Partners L.P. which is valued at $14,455,290 after selling 117,026 shares in Blueknight Energy Partners L.P. , the firm said in a disclosure report filed with the SEC on May 9, 2016.Blueknight Energy Partners L.P. makes up approximately 24.77% of Dg Capital Management’s portfolio.

Other Hedge Funds, Including , Neuberger Berman Group boosted its stake in BKEP in the latest quarter, The investment management firm added 91,353 additional shares and now holds a total of 5,643,899 shares of Blueknight Energy Partners L.P. which is valued at $28,586,348. Blueknight Energy Partners L.P. makes up approx 0.04% of Neuberger Berman Group’s portfolio.Hite Hedge Asset Management reduced its stake in BKEP by selling 304,535 shares or 60.45% in the most recent quarter. The Hedge Fund company now holds 199,208 shares of BKEP which is valued at $1,095,644. Blueknight Energy Partners L.P. makes up approx 0.45% of Hite Hedge Asset Management’s portfolio.

Blueknight Energy Partners L.P. closed down -0.1 points or -1.86% at $5.29 with 56,156 shares getting traded on Friday. Post opening the session at $5.42, the shares hit an intraday low of $5.1349 and an intraday high of $5.44 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Blueknight Energy Partners L.P. is a master limited partnership company. The Company provides integrated terminalling storage gathering and transportation services for companies engaged in the production distribution and marketing of crude oil and liquid asphalt cement. It operates in four segments: crude oil terminalling and storage services which provides crude oil terminalling and storage services at its terminalling and storage facilities located in Oklahoma and Texas; crude oil pipeline services which owns and operates pipeline systems the Mid-Continent system the East Texas system and Eagle North system that gather crude oil purchased by its customers and transports it to refiners; crude oil trucking and producer field services which uses its owned and leased tanker trucks to gather crude oil for its customers and asphalt services which provides asphalt product and residual fuel terminalling storage and blending services at its terminalling and storage facilities.

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