Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Blueknight Energy Partners L.p.'s Business Segments
Blueknight Energy Partners L.p.'s reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 30
Regions Reported
-
Blueknight Energy Partners L.p. does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Fixed Lease Revenue51.5%
- Fixed Storageand Throughput Revenue34.6%
- Variable Throughput Revenue1.3%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Fixed Lease Revenue | $ 15 | 51.5% |
| Fixed Storageand Throughput Revenue | $ 10 | 34.6% |
| Variable Throughput Revenue | $ 0 | 1.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Blueknight Energy Partners L.p.
Blueknight Energy Partners L.P is a publicly traded master limited partnership based in Oklahoma City, Oklahoma. The company was formed in 2007 and specializes in providing logistics services for crude oil and liquid asphalt products. Blueknight operates in the midstream segment of the energy sector and is primarily focused on the transportation, storage, and handling of these energy products.
The company's primary business activities include the operation of a network of storage tanks, pipelines, and terminals that are strategically located in key producing and consuming regions in the United States. Blueknight also provides custom blending and packaging services for liquid asphalt products, which are used primarily in the construction, infrastructure, and roofing industries.
Blueknight Energy Partners has a diverse customer base, including major oil companies, independent producers, and regional retailers. The company provides transportation and storage services throughout the value chain, from production fields to end-users, via pipelines, trucking, and marine transport. Its network is connected to major refining centers, distribution hubs, and marine terminals, which allow it to provide customized logistics solutions.
The company's operations are supported by an experienced management team with deep expertise in the energy industry. They have developed strong relationships with their customers and partners, which has enabled Blueknight to maintain a competitive advantage in an industry that is highly regulated and constantly evolving.
In recent years, Blueknight has focused on expanding its footprint through strategic acquisitions and investments. This has allowed the company to broaden its geographic reach and expand its service offerings to meet the changing needs of its customers. Blueknight also prioritizes sustainability and has invested heavily in environmental and safety initiatives to minimize its impact on the environment.
Overall, Blueknight Energy Partners L.P is a leading midstream service provider in the energy sector. Its extensive network of assets, diverse customer base, and experienced management team position it for continued growth and success in the years to come.
The company's primary business activities include the operation of a network of storage tanks, pipelines, and terminals that are strategically located in key producing and consuming regions in the United States. Blueknight also provides custom blending and packaging services for liquid asphalt products, which are used primarily in the construction, infrastructure, and roofing industries.
Blueknight Energy Partners has a diverse customer base, including major oil companies, independent producers, and regional retailers. The company provides transportation and storage services throughout the value chain, from production fields to end-users, via pipelines, trucking, and marine transport. Its network is connected to major refining centers, distribution hubs, and marine terminals, which allow it to provide customized logistics solutions.
The company's operations are supported by an experienced management team with deep expertise in the energy industry. They have developed strong relationships with their customers and partners, which has enabled Blueknight to maintain a competitive advantage in an industry that is highly regulated and constantly evolving.
In recent years, Blueknight has focused on expanding its footprint through strategic acquisitions and investments. This has allowed the company to broaden its geographic reach and expand its service offerings to meet the changing needs of its customers. Blueknight also prioritizes sustainability and has invested heavily in environmental and safety initiatives to minimize its impact on the environment.
Overall, Blueknight Energy Partners L.P is a leading midstream service provider in the energy sector. Its extensive network of assets, diverse customer base, and experienced management team position it for continued growth and success in the years to come.
Blueknight Energy Partners L.P. operates as a leading midstream energy company, offering a comprehensive suite of segments, products, and services tailored to meet the diverse needs of its clients throughout the United States. Below is an extensive overview of these offerings:
Segments:
1. Crude Oil Terminalling and Storage
- Blueknight provides essential infrastructure for crude oil storage, including large-capacity storage tanks designed to maintain the quality of stored crude. The company equips its facilities with advanced metering systems and pipeline networks that facilitate efficient handling and transfer of crude oil. This service ensures that the oil retains its optimal condition before being transported or processed.
2. Crude Oil Pipeline Transportation
- The company specializes in the transportation of crude oil through a well-developed network of pipelines. These pipelines are strategically designed to transport crude oil efficiently from production sites, such as oil fields, to refineries and export terminals. The pipeline transportation services are critical for the reliable distribution of crude oil to support refining operations and international trade.
3. Industrial Asphalt Services
- In this segment, Blueknight produces a variety of asphalt products and emulsions that serve vital functions in construction, road maintenance, and infrastructure development. The company’s offerings are used extensively in paving roads, roofing applications, and other construction projects that require durable and reliable materials.
4. Asphalt Terminalling and Storage
- Blueknight provides terminalling services tailored to asphalt, including the storage and handling processes necessary to retain the quality of asphalt products. Their facilities are equipped for heating and blending asphalt, ensuring that it is delivered in the ideal condition for use in various applications.
5. Merchant Services
- This segment encompasses a wide range of energy-related services, including crude oil marketing to various buyers, strategic product sourcing, and management of supply operations. Blueknight also handles pipeline tariff arrangements and provides tariff recovery services, which are crucial for optimizing transportation costs.
Products:
1. Crude Oil
- Blueknight engages in trading crude oil, including both conventional and light condensate varieties. Their crude oil products are utilized across multiple sectors, including refining and petrochemicals, thereby underpinning a critical part of the energy supply chain.
2. Asphalt
- The company produces high-quality asphalt and emulsions, which are essential for various construction and maintenance activities. These products are used in applications that include road paving, roofing, and other waterproofing solutions.
3. Petroleum Products
- In addition to asphalt, Blueknight trades a wide spectrum of petroleum products, such as diesel, gasoline, and jet fuel, catering to diverse market segments like transportation and industrial operations. Their trading activities ensure a steady supply of these crucial fuel products.
Services:
1. Pipeline Transportation
- Blueknight offers comprehensive pipeline transportation services, ensuring that crude oil and related hydrocarbon products are efficiently moved within the U.S. infrastructure. This service is underpinned by a commitment to safety and reliability.
2. Terminalling
- The companys terminalling services include not only storage but also essential operations such as heating, metering, and loading of products, facilitating smooth transitions between transportation modes (pipeline to truck, rail, or barge).
3. Marketing
- Blueknight’s marketing services are designed to connect producers with consumers, optimizing the sale of crude oil and refined petroleum products. Their marketing team employs strategic initiatives to enhance product visibility and market penetration.
4. Logistics
- Blueknight provides logistics services, focusing on inventory management and supply chain optimization to improve operational efficiencies. Their logistics framework ensures timely product deliveries while minimizing costs associated with transport and storage.
5. Distribution
- Distribution services encompass a broad range of transportation modalities, including trucking, rail, and barge services for crude oil and other petroleum products. This multi-modal approach allows for flexibility and reliability in getting products to market.
6. Refinery Services
- The company also offers on-site services at refineries, which include inventory management to track product volumes and blending services to create tailored fuel solutions. Their product delivery services ensure that refineries remain stocked and can operate without disruptions.
Conclusion:
Overall, Blueknight Energy Partners L.P. stands out as a multi-faceted midstream energy company with a diverse portfolio of segments, products, and services. Their capabilities support various stages of the energy supply chain, from production to distribution, reflecting their commitment to serving clients across different industries with reliability and efficiency.
Segments:
1. Crude Oil Terminalling and Storage
- Blueknight provides essential infrastructure for crude oil storage, including large-capacity storage tanks designed to maintain the quality of stored crude. The company equips its facilities with advanced metering systems and pipeline networks that facilitate efficient handling and transfer of crude oil. This service ensures that the oil retains its optimal condition before being transported or processed.
2. Crude Oil Pipeline Transportation
- The company specializes in the transportation of crude oil through a well-developed network of pipelines. These pipelines are strategically designed to transport crude oil efficiently from production sites, such as oil fields, to refineries and export terminals. The pipeline transportation services are critical for the reliable distribution of crude oil to support refining operations and international trade.
3. Industrial Asphalt Services
- In this segment, Blueknight produces a variety of asphalt products and emulsions that serve vital functions in construction, road maintenance, and infrastructure development. The company’s offerings are used extensively in paving roads, roofing applications, and other construction projects that require durable and reliable materials.
4. Asphalt Terminalling and Storage
- Blueknight provides terminalling services tailored to asphalt, including the storage and handling processes necessary to retain the quality of asphalt products. Their facilities are equipped for heating and blending asphalt, ensuring that it is delivered in the ideal condition for use in various applications.
5. Merchant Services
- This segment encompasses a wide range of energy-related services, including crude oil marketing to various buyers, strategic product sourcing, and management of supply operations. Blueknight also handles pipeline tariff arrangements and provides tariff recovery services, which are crucial for optimizing transportation costs.
Products:
1. Crude Oil
- Blueknight engages in trading crude oil, including both conventional and light condensate varieties. Their crude oil products are utilized across multiple sectors, including refining and petrochemicals, thereby underpinning a critical part of the energy supply chain.
2. Asphalt
- The company produces high-quality asphalt and emulsions, which are essential for various construction and maintenance activities. These products are used in applications that include road paving, roofing, and other waterproofing solutions.
3. Petroleum Products
- In addition to asphalt, Blueknight trades a wide spectrum of petroleum products, such as diesel, gasoline, and jet fuel, catering to diverse market segments like transportation and industrial operations. Their trading activities ensure a steady supply of these crucial fuel products.
Services:
1. Pipeline Transportation
- Blueknight offers comprehensive pipeline transportation services, ensuring that crude oil and related hydrocarbon products are efficiently moved within the U.S. infrastructure. This service is underpinned by a commitment to safety and reliability.
2. Terminalling
- The companys terminalling services include not only storage but also essential operations such as heating, metering, and loading of products, facilitating smooth transitions between transportation modes (pipeline to truck, rail, or barge).
3. Marketing
- Blueknight’s marketing services are designed to connect producers with consumers, optimizing the sale of crude oil and refined petroleum products. Their marketing team employs strategic initiatives to enhance product visibility and market penetration.
4. Logistics
- Blueknight provides logistics services, focusing on inventory management and supply chain optimization to improve operational efficiencies. Their logistics framework ensures timely product deliveries while minimizing costs associated with transport and storage.
5. Distribution
- Distribution services encompass a broad range of transportation modalities, including trucking, rail, and barge services for crude oil and other petroleum products. This multi-modal approach allows for flexibility and reliability in getting products to market.
6. Refinery Services
- The company also offers on-site services at refineries, which include inventory management to track product volumes and blending services to create tailored fuel solutions. Their product delivery services ensure that refineries remain stocked and can operate without disruptions.
Conclusion:
Overall, Blueknight Energy Partners L.P. stands out as a multi-faceted midstream energy company with a diverse portfolio of segments, products, and services. Their capabilities support various stages of the energy supply chain, from production to distribution, reflecting their commitment to serving clients across different industries with reliability and efficiency.