General | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Blueknight Sees Uptick in Earnings; Credit Arbuckle, West TX Projects
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Blueknight Energy Partners, L.P. has reported adjusted EBITDA of $14.4 million for the fourth quarter of 2013 as compared to $13.1 million for the same period in 2012 an increase of $1.3 million or 9.9%.
Adjusted EBITDA for the twelve months ended December 31, 2013 was $68.7 million as compared to adjusted EBITDA of $61.4 million for the year ended December 31, 2012 an increase of $7.3 million or 11.9%.
The Partnership reported net income of $5.3 million on total revenues from continuing operations of $49.8 million for the three months ended December 31, 2013, compared to net income of $5.5 million on total revenues from continuing operations of $46.2 million for the three months ended December 31, 2012. For the twelve months ended December 31, 2013, the Partnership reported net income…
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