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Blueknight Energy Partners, L.P. (BKEP)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Crude Oil Pipeline Services     242.821.035.129.326.4
    Asphalt Terminalling Services     115.6113.923.173.467.4
    Crude Oil Terminalling and Storage Services        24.622.8
    Other     26.547.1119.352.770.0
Total revenues   [+]115.4110.2106.5384.8181.9177.4180.0186.6
            Revenue growth   [+]4.7%3.5%-72.3%111.5%2.6%-1.5%-3.5%-4.1%
Cost of goods sold   [+]64.262.861.6298.3132.6125.2131.2134.2
Gross profit  51.247.445.086.549.352.248.852.4
            Gross margin  44.4%43.0%42.2%22.5%27.1%29.4%27.1%28.1%
Selling, general and administrative   [+]13.914.213.416.017.120.019.017.5
Equity in earnings      0.11.53.90.9
Other operating expenses  0.40.10.344.52.0-0.2-12.3-4.9
EBITDA   [+]48.956.256.855.461.564.773.366.7
            EBITDA margin  42.3%51.0%53.4%14.4%33.8%36.5%40.7%35.8%
Depreciation  9.520.723.126.929.829.627.025.9
EBITA  39.335.533.728.531.635.046.340.8
            EBITA margin  34.1%32.2%31.6%7.4%17.4%19.8%25.7%21.9%
Amortization of intangibles  2.42.42.42.51.31.20.20.1
EBIT   [+]36.933.131.326.030.333.846.140.7
            EBIT margin  32.0%30.0%29.4%6.8%16.7%19.1%25.6%21.8%
Non-recurring items   [+]-0.2-0.12.353.21.425.928.12.5
Interest expense  4.95.77.416.914.012.611.212.3
Other income (expense), net   [+]2.61.20.52.25.3  2.1
Pre-tax income  34.828.722.0-41.820.2-4.66.728.0
Income taxes  0.00.00.00.20.20.30.30.5
            Tax rate  0.1% 0.2% 0.8% 4.8%1.7%
Net income  84.0-38.4-7.0-66.7-6.0-31.1-15.75.4
            Net margin  72.7%-34.8%-6.6%-17.3%-3.3%-17.5%-8.7%2.9%
   
Basic EPS   [+]$2.02($0.93)($0.17)($1.65)($0.16)($0.89)($0.48)$0.24
Diluted EPS   [+]$2.02($0.93)($0.17)($1.65)($0.16)($0.89)($0.48)$0.21
   
   
Shares outstanding (basic)   [+]41.541.140.840.338.335.132.922.7
Shares outstanding (diluted)   [+]41.541.140.840.338.335.132.925.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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