Skip to main content RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. Investor Presentation | Shale Experts
Loading...
Pm

RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P.

Blueknight Energy Partners, L.P. · Nov 19, 2015 · 18 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 1
    RBC Capital Markets MLP Conference November 19, 2015 The Smart Move in Energy Private and Confidential RBC Capital Markets MLP Conference November 2015 (NASDAQ: BKEP & BKEPP)
  2. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 2
    Partnership Overview Blueknight Energy Partners, L.P. (BKEP) is a publicly traded master limited partnership Headquartered in Oklahoma City, Oklahoma; established in 2007 General Partner owned equally by Vitol and Charlesbank…
  3. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 3
    Common and Preferred Units Common Units Preferred Units Market NASDAQ NASDAQ Symbol BKEP BKEPP Outstanding 33,018,206 30,158,619 Yield at 11/17/15 10.2% 10.9% Distribution Twelfth consecutive quarterly distribution 0.715/unit…
  4. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 4
    Sponsorship Overview Worlds largest independent oil trading Private equity firm with over 2 billion of company capital under management Moves equivalent of over 5 million Long history of making middle-market barrels/day of…
  5. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 5
    Ownership Charlesbank Capital Partners Vitol Holding B.V. CB-Blueknight, LLC Blueknight Energy Holding, Inc. 50.0% 50.0% Ownership Ownership Interest Interest Blueknight GP Holding, LLC (DE) 14.2% Limited 14.2% Limited…
  6. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 6
    Diversified Operations Asphalt Terminal Crude Oil Terminalling and Network (62.5%) Storage (24.1%) 7.3 million barrels of 6.6 million barrels of asphalt and residual Cushing, OK storage fuel oil storage 0.4 million barrels of 43…
  7. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 7
    Asphalt Services Largest independently owned asphalt terminal network 7.3 million barrels of asphalt and residual fuel oil storage capacity in 43 terminals across 22 states Generate revenues by charging fees for the lease of…
  8. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 8
    Cheyenne, WY Asphalt Terminal Acquisition Colas USA Mountain States Asphalt Plant Cheyenne, WY Plant constructed in 2003 220,000 barrels of storage 10 acres of property, plus Rail Yard Produces PMAC, Emulsions, AC Easily…
  9. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 9
    Crude Oil Terminalling & Storage Services Customer Value Creation Provides our customers the ability to effectively manage their crude oil inventories and add significant flexibility in their marketing and operating activities…
  10. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 10
    Crude Oil Pipeline Services: Oklahoma Systems Mid-Continent Mainline System 500-mile gathering and transportation network that gathers wellhead crude oil at a capacity of 20,000 bpd Transports the crude oil to our Cushing terminal,…
  11. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 11
    Crude Oil Pipeline Services: West Texas BKEP has 30% ownership and operates the 16 Pecos River Pipeline under a long-term service agreement with Advantage Pipeline, L.L.C. Provides crude transportation from west Texas to the…
  12. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 12
    Crude Oil Trucking & Producer Field Services Crude Trucking Crude oil trucking operations extend our ability to gather and aggregate crude oil on our systems and deliver product for third parties to their facilities Approximately…
  13. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 13
    Knight Warrior Pipeline New construction, 160 mile, 16 pipeline with an initial capacity of 100,000bpd (expandable up to 200,000bpd) and terminal system to meet infrastructure needs of producers and marketers in the developing East…
  14. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 14
    Adjusted EBITDA and Distributable Cash Flow s in thousands Private and Confidential RBC Capital Markets MLP Conference November 2015 15 (NASDAQ: BKEP & BKEPP)
  15. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 15
    Key Investment Highlights Cushing Interchange: Resident player at core location for crude oil distribution and marketing Attractive Core Base Asphalt Facilities: Geographic diversification in key domestic markets with multiple potential…
  16. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 16
    Appendix Private and Confidential RBC Capital Markets MLP Conference November 2015 (NASDAQ: BKEP & BKEPP)
  17. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 17
    Selected Historical Financial Data Three Months Ended Nine months ended (s in thousands) September 30, September 30, 2014 2015 2014 2015 Selected Consolidated Statement of Operations Data Service revenue: Asphalt Services 18,702…
  18. RBC Capital Markets MLP Conference – Blueknight Energy Partners, L.P. – slide 18
    Reconciliation of Adjusted EBITDA and Distributable Cash Flow to Net Income Three Months Ended Nine Months Ended (s in thousands) September 30, September 30, 2014 2015 2014 2015 Net income 11,271 13,967 18,783 23,258 Interest…

From the store

Browse maps, data & reports in the Shale Experts store