| Blueknight Energy Partners provides terminalling services for companies engaged in the production, distribution, and handling of liquid asphalt. Co. manages its operations through a single segment, asphalt terminalling services. Co.'s operating assets are owned by, and its operations are conducted through, its subsidiaries. Co.'s general partner, Blueknight Energy Partners G.P., L.L.C., has sole responsibility for conducting its business and for managing its operations. Co. serves the asphalt industry by providing its customers access to their market areas through a combination of leasing its liquid asphalt facilities and providing terminalling services at certain facilities. We show 44 historical shares outstanding datapoints in our BKEP shares outstanding history coverage, used to compute BKEP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BKEP market cap history over the course of time is important for investors
interested in comparing BKEP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BKEP versus a peer is one thing; comparing
BKEP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BKEP can fluctuate over the course of history.
With this page we aim to empower investors researching BKEP by allowing them to research the BKEP market cap history.