Founded in 2007, Tulsa-based Blueknight Energy Partners, L.P. is leading provider of storage, gathering and distribution services that support the domestic transportation infrastructure markets. We own and operate the largest independent asphalt storage network in the continental United States, positioning us a primary beneficiary of positive long-term spending in transportation infrastructure markets.
Blueknight is a publicly-traded master limited partnership on the NASDAQ Global Market under the symbols BKEP and BKEPP. Our General Partner, Blueknight Energy Partners G.P., L.L.C., is 100% owned by affiliates of Ergon, Inc. Founded in 1954, Ergon is a private, family-owned company based in Jackson, Mississippi with diversified holdings across the road construction materials, petroleum and real estate sectors. Ergon acquired its General Partner interest in Blueknight in 2016. Ergon is a highly supportive partner whose values and strategic focus align with those of management, positioning the business for long-term value creation.
We believe that our unique platform of high-quality storage assets, customer-centric service model, strong fee-based cash flow profile and disciplined approach to capital allocation are key competitive advantages that position Blueknight to succeed in the markets we serve. Our growth strategy emphasizes a balanced combination of both organic growth, which includes a focus on expanding our specialty terminalling assets in niche products markets, together with inorganic growth, with specific focus on the opportunistic acquisition of third-party terminalling facilities in adjacent markets.
Blueknight has a long history of delivering of stable cash flows from operations capable of supporting a consistent cash distribution. Since our inception thru year-end 2020, Blueknight has returned more than $146 million in total distributions to its limited partner unit holders, as reflected by 37 consecutive quarters of cash distributions.