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Blueknight Snapshot

3.4
based on 35 ratings

58% would recommend to a friend

David Woodward

24% approve of CEO

Mission We believe that our unique platform of high-quality storage assets, customer-centric service model, strong fee-based cash flow profile and disciplined approach to capital allocation are key competitive advantages that position Blueknight to succeed in the markets we serve. Our growth strategy emphasizes a balanced combination of both organic growth, which includes a focus on expanding our specialty terminalling assets in niche products markets, together with inorganic growth, with specific focus on the opportunistic acquisition of third-party terminalling facilities in adjacent markets.

At Blueknight Energy Partners, our Core Principles provide the foundation for everything we do. The importance we place on these values means our customers, investors, business partners and employees always know where we stand and what we stand for.

Compliance
Our employees will perform their business affairs in a lawful and honest manner. We constantly strive to be compliant in our activities and associations by utilizing an ethical and integrity-based approach to decision making. Each employee is encouraged to challenge, take initiative and seek understanding to ensure lawful, compliant behaviors and results in all business affairs.

Responsible Corporate Citizen
Our employees are committed to be responsible corporate citizens as it relates to respecting our customers, investors, suppliers, partners and the communities in which we operate. We focus on the highest standards of safety and governance in our business activities. We are committed to protecting our environment and natural resources by operating in a safe and reliable manner in all the communities we serve.

Customer Commitment
Our employees will diligently and urgently seek out opportunities to build customer relationships, understand customer needs and create solutions that accomplish superior profitable results in fulfilling our customers’ expectations. This consistent, sustained dedication creates loyal customers that build on our long-term success while creating value for our customers in the marketplace.

Entrepreneurship
Our employees contribute to the long-term success of our company by utilizing their economic thinking skills, being dedicated to continuous improvement, taking personal accountability for their words, attitudes and actions as well as undertaking a disciplined approach in fulfilling their responsibilities. Our employees create the greatest long-term results by seeking opportunities to improve and drive profitable change in our services. Our employees strive to increase their contributions by achieving their full potential, capably increasing levels of responsibility, eliminating wasteful activities, innovating and utilizing exceptional judgment in their daily decision making.

Superior Team
Our employees are our most valued resource. They desire to create real value for our company and investors. Satisfying customers’ needs requires constant and meaningful change to the status quo in order to develop creative solutions and drive the personal improvement of each employee. To create highly motivated and productive teams, our employees openly and constructively challenge one another to best utilize each member’s skills and talents to seek solutions. They demonstrate respect for each other’s input and knowledge while practicing humility and mutual respect for their fellow team members and associations in the marketplace. We embrace and encourage outcomes and innovations that are more beneficial to our company, investors and customers than any one individual.
Description Founded in 2007, Tulsa-based Blueknight Energy Partners, L.P. is leading provider of storage, gathering and distribution services that support the domestic transportation infrastructure markets. We own and operate the largest independent asphalt storage network in the continental United States, positioning us a primary beneficiary of positive long-term spending in transportation infrastructure markets.

Blueknight is a publicly-traded master limited partnership on the NASDAQ Global Market under the symbols BKEP and BKEPP. Our General Partner, Blueknight Energy Partners G.P., L.L.C., is 100% owned by affiliates of Ergon, Inc. Founded in 1954, Ergon is a private, family-owned company based in Jackson, Mississippi with diversified holdings across the road construction materials, petroleum and real estate sectors. Ergon acquired its General Partner interest in Blueknight in 2016. Ergon is a highly supportive partner whose values and strategic focus align with those of management, positioning the business for long-term value creation.

Blueknight has a long history of delivering of stable cash flows from operations capable of supporting a consistent cash distribution. Since our inception thru year-end 2020, Blueknight has returned more than $146 million in total distributions to its limited partner unit holders, as reflected by 37 consecutive quarters of cash distributions.

Life at Blueknight

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