Blueknight Energy Partners L.P., L.L.C. (BKEP) financial statements (2022 and earlier)

Company profile

Business Address 6060 AMERICAN PLAZA
TULSA, OK 73135
State of Incorp. DE
Fiscal Year End December 31
SIC 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1112335
Cash and cash equivalents1112333
Short-term investments      2
Receivables425371191111
Prepaid expense  22212
Disposal group, including discontinued operation97      
Assets held-for-sale, not part of disposal group    4 
Other current assets2978844
Total current assets:104344824261921
Noncurrent Assets
Finance lease, right-of-use asset 1
Operating lease, right-of-use asset911
Property, plant and equipment105233248296307313310
Long-term investments and receivables    211920
Long-term investments    211920
Intangible assets, net (including goodwill)142174548
Goodwill7774547
Intangible assets, net (excluding goodwill)814    1
Prepaid expense      1
Deposits noncurrent assets      1
Deferred costs    223
Other noncurrent assets0117131572
Other undisclosed noncurrent assets1234  (2)
Total noncurrent assets:129268276317349345343
TOTAL ASSETS:233302323341376365364
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9112514121516
Accounts payable2344358
Accrued liabilities  14    
Employee-related liabilities5546677
Taxes payable2332332
Interest and dividends payable000100 
Debt 3     
Due to related parties02221  
Disposal group, including discontinued operation17      
Deferred revenue and credits32242
Other liabilities1335463
Other undisclosed current liabilities835151011
Total current liabilities:35554924212722
Noncurrent Liabilities
Long-term debt and lease obligation260265266308324245216
Long-term debt, excluding current maturities253256266308324245216
Finance lease, liability 0
Operating lease, liability79
Liabilities, other than long-term debt0221100
Due to related parties  21100
Other liabilities02     
Total noncurrent liabilities:260267267309325245216
Total liabilities:295322316332345272238
Stockholders' equity
Other undisclosed liabilities and equity(62)(20)793093126
TOTAL LIABILITIES AND EQUITY:233302323341376365364

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues110371385182177180187
Revenue, net358182177180187
Cost of revenue
(Cost of Goods and Services Sold)
  (127)(9)(14)  
Gross profit:110371258173163180187
Operating expenses(77) (412)(152)(171)(172)(152)
Other undisclosed operating income (loss) (337) 81462
Operating income (loss):3334(154)2961437
Nonoperating income1025   
Investment income, nonoperating  25   
Other nonoperating income10     
Interest and debt expense(6)(16)(17)(14)(13)(11)(12)
Income (loss) from continuing operations before equity method investments, income taxes:2918(169)20(6)325
Income from equity method investments   0141
Other undisclosed income from continuing operations before income taxes  127   2
Income (loss) from continuing operations before income taxes:2918(42)20(5)728
Income tax expense (benefit)0(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations:2918(42)20(5)628
Loss from discontinued operations(42)      
Net income (loss):(13)18(42)20(5)628
Net loss attributable to noncontrolling interest      (22)
Other undisclosed net income attributable to parent      22
Net income (loss) available to common stockholders, diluted:(13)18(42)20(5)628

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(13)18(42)20(5)628
Comprehensive income (loss), net of tax, attributable to parent:(13)18(42)20(5)628

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: