BlueKnight Energy Partners (BKEP) Update - April 22

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

BlueKnight Energy Partners (BKEP) Update - April 22

Post by dan_s »

I just posted my updated forecast/valuation model and the updated profile for BlueKnight to the EPG website.

If super safe 9% annual dividend yield sounds good to you, check it out. The company's preferred units (BKEPP) are in our High Yield Income Portfolio.

It now have very little exposure to oil & gas prices and the balance sheet is in great shape after non-core asset sales that close in Q1 wiped out over half of their debt.
Dan Steffens
Energy Prospectus Group
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