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A smaller energy limited partnership, Blue Knight Energy Partners has more leverage in up (and down) markets. Right now, with oil prices high and demand rebounding as the pandemic loosens its grip, it’s a good time for BKEP.
It has terminalling operations (think tank farms) in 26 different states for liquid asphalt and crude oil. Essentially, these are way stations for the products before they’re moved along to customers. BKEP also has pipelines to move the oil and asphalt to the terminals.
Structured as a limited partnership, its net profits are distributed to shareholders as dividends, but the stock has been moving up as the energy markets have rebounded. And midstream companies act as toll-takers for energy, so when demand increases so does their revenue.
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MILWAUKEE, Jan. 19, 2021 (GLOBE NEWSWIRE) Artisan Partners Asset Management Inc. (NYSE:APAM) will report its fourth quarter and full-year 2020 financial results and information relating to its quarterly and special annual dividend on February 2, 2021 at approximately 4:30 p.m. (Eastern Time). Artisan Partners Asset Management s earnings release and supplemental materials will be available on the investor relations section of artisanpartners.com at that time. Chief Executive Officer Eric Colson and Chief Financial Officer C.J. Daley will host a conference call on February 3, 2021 at 1:00 p.m. (Eastern Time) to discuss the results.
A live webcast of the conference call will be available via the investor relations section of artisanpartners.com. Those interested in participating in the conference call should dial:
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