Blueknight Energy Partners, L.p. (BKEP) Files Form 4 Insider Buying : Brian L Melton Buys 1,793 Shares

Blueknight Energy Partners, L.p. (BKEP): Brian L Melton , VP PL Marketing & Business Dev of Blueknight Energy Partners, L.p. purchased 1,793 shares on Jul 6, 2016. The Insider buying transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.00 per share for a total value of $0.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 6, 2016, Mark A. Hurley (CEO) purchased 5,398 shares at $0.00 per share price.On Jan 7, 2016, Jeffrey A Speer (COO) purchased 1,179 shares at $0.00 per share price.Also, On Jan 7, 2016, Brian L Melton (VP PL Marketing & Business Dev) purchased 1,236 shares at $0.00 per share price.On Jan 7, 2016, Chris A Paul (Chief Legal Officer) purchased 1,751 shares at $0.00 per share price.

Shares of Blueknight Energy Partners L.P. (BKEP) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.58% at $5.14 with 41,650 shares getting traded. Post opening the session at $5.18, the shares hit an intraday low of $5.07 and an intraday high of $5.2 and the price vacillated in this range throughout the day. The company has a market cap of $171 M and the number of outstanding shares has been calculated to be 3,32,02,517 shares. The 52-week high of Blueknight Energy Partners L.P. is $7.52 and the 52-week low is $3.8085.

Blueknight Energy Partners L.P. Money Flow Index Chart

Company has been under the radar of several Street Analysts.Blueknight Energy Partners L.P. is Initiated by Janney to Neutral and the brokerage firm has set the Price Target at $6. The Rating was issued on May 19, 2016.

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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