{"id":518465,"date":"2021-07-27T16:18:07","date_gmt":"2021-07-27T20:18:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blueknight-declares-quarterly-distributions-2\/"},"modified":"2021-07-27T16:18:07","modified_gmt":"2021-07-27T20:18:07","slug":"blueknight-declares-quarterly-distributions-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blueknight-declares-quarterly-distributions-2\/","title":{"rendered":"\u00a0Blueknight Declares Quarterly Distributions"},"content":{"rendered":"
\n

TULSA, Okla., July 27, 2021 (GLOBE NEWSWIRE) — \u00a0Blueknight Energy Partners, L.P. (\u201cBlueknight\u201d\u00a0or the \u201cPartnership\u201d) (Nasdaq: BKEP and BKEPP), announced today that the board of directors of its general partner has declared a quarterly cash distribution on the Partnership\u2019s common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnership\u2019s preferred units for the quarter ended June 30, 2021. The second quarter 2021\u00a0distributions for both the common\u00a0and preferred\u00a0units remain unchanged from those paid for the first quarter 2021. The distributions are payable on August\u00a013, 2021, on all outstanding common and preferred units to unitholders of record as of the close of business on August 6,\u00a02021.<\/p>\n

\n Forward-Looking Statements and Treasury Regulation Notice<\/strong>\n <\/p>\n

This release may include forward-looking statements. Statements included in this release that are not historical facts are forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. These risks and uncertainties include, among other things, uncertainties relating to the Partnership\u2019s future cash flows and operations, the Partnership\u2019s ability to pay future distributions, future market conditions, current and future governmental regulation, future taxation and other factors discussed in the Partnership\u2019s filings with the Securities and Exchange Commission. If any of these risks or uncertainties materializes, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those expected. The Partnership undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/p>\n

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b) (4) and (d). Brokers and nominees should treat one hundred percent (100.0%) of Blueknight\u2019s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Blueknight\u2019s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees, and not Blueknight, are treated as withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.<\/p>\n

\n About Blueknight<\/strong>\n <\/p>\n

Blueknight (Nasdaq: BKEP and BKEPP) is a publicly traded master limited partnership that owns the largest independent asphalt terminalling network in the country. Operations include 8.7 million barrels of liquid asphalt storage capacity across 53 terminals and 26 states throughout the U.S. Blueknight is focused on providing integrated terminalling solutions for tomorrow\u2019s infrastructure and transportation end markets. More information is available at www.bkep.com<\/a>.<\/p>\n

\n

\n
\n
\n \n <\/div>\n

\n
Investor Relations Contact:\r\n\r\nMatthew Lewis, Chief Financial Officer\r\n(918) 237-4032\r\ninvestor@bkep.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
TULSA, Okla., July 27, 2021 (GLOBE NEWSWIRE) — \u00a0Blueknight Energy Partners, L.P. (\u201cBlueknight\u201d\u00a0or the \u201cPartnership\u201d) (Nasdaq: BKEP and BKEPP), announced today that the board of directors of its general partner has declared a quarterly cash distribution on the Partnership\u2019s common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnership\u2019s preferred units for the quarter ended June 30, 2021. The second quarter 2021\u00a0distributions for both the common\u00a0and preferred\u00a0units remain unchanged from those paid for the first quarter 2021. The distributions are payable on August\u00a013, 2021, on all outstanding common and preferred units to unitholders of record as of the close of business on August 6,\u00a02021. Forward-Looking Statements and Treasury Regulation Notice … <\/p>\n
Continue reading ”\u00a0Blueknight Declares Quarterly Distributions”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-518465","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n\u00a0Blueknight Declares Quarterly Distributions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blueknight-declares-quarterly-distributions-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00a0Blueknight Declares Quarterly Distributions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TULSA, Okla., July 27, 2021 (GLOBE NEWSWIRE) — \u00a0Blueknight Energy Partners, L.P. (\u201cBlueknight\u201d\u00a0or the \u201cPartnership\u201d) (Nasdaq: BKEP and BKEPP), announced today that the board of directors of its general partner has declared a quarterly cash distribution on the Partnership\u2019s common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnership\u2019s preferred units for the quarter ended June 30, 2021. The second quarter 2021\u00a0distributions for both the common\u00a0and preferred\u00a0units remain unchanged from those paid for the first quarter 2021. The distributions are payable on August\u00a013, 2021, on all outstanding common and preferred units to unitholders of record as of the close of business on August 6,\u00a02021. 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