KNOT Offshore Partners LP (KNOP)

NYSE: KNOP · IEX Real-Time Price · USD
6.12
+0.17 (2.86%)
Feb 3, 2023, 4:00 PM EST - Market closed
2.86%
Market Cap 207.84M
Revenue (ttm) 269.10M
Net Income (ttm) 75.77M
Shares Out 33.96M
EPS (ttm) 2.00
PE Ratio 3.06
Forward PE 9.09
Dividend $2.08 (33.99%)
Ex-Dividend Date Oct 26, 2022
Volume 348,576
Open 6.00
Previous Close 5.95
Day's Range 6.00 - 6.28
52-Week Range 5.37 - 18.85
Beta 0.99
Analysts Sell
Price Target 10.71 (+75.0%)
Earnings Date Mar 7, 2023

About KNOP

KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Apr 10, 2013
Employees 1
Stock Exchange NYSE
Ticker Symbol KNOP
Full Company Profile

Financial Performance

In 2021, KNOP's revenue was $281.13 million, an increase of 0.68% compared to the previous year's $279.22 million. Earnings were $46.11 million, a decrease of -19.03%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for KNOP stock is "Sell." The 12-month stock price forecast is $10.71, which is an increase of 75.00% from the latest price.

Price Target
$10.71
(75.00% upside)
Analyst Consensus: Sell
Stock Forecasts

News

KNOT Offshore Partners LP Announces Fourth Quarter 2022 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

3 weeks ago - Business Wire

KNOT Offshore Partners LP Announces that Unitholders Remain Unaffected by U.S. Internal Revenue Service Regulations Effective January 1, 2023

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) today announced that the U.S. Treasury and Internal Revenue Service (“IRS”) final regulations concernin...

1 month ago - Business Wire

Here's Why Knot Offshore (KNOP) is Poised for a Turnaround After Losing 27.4% in 4 Weeks

Knot Offshore (KNOP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estim...

2 months ago - Zacks Investment Research

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2022

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP):

2 months ago - Business Wire

KNOT Offshore Partners LP Announces Third Quarter 2022 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Third Quarter of 2022 before opening of the market on Wedn...

3 months ago - Business Wire

KNOT Offshore Partners LP Announces Third Quarter 2022 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash di...

4 months ago - Business Wire

KNOT Offshore Partners LP Announces 2022 Annual Meeting

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) advises that its 2022 Annual Meeting will be held on October 20, 2022. The record date for voting at the ...

5 months ago - Business Wire

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2022

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP): Financial Highlights For the three months ended June 30, 2022, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “P...

5 months ago - Business Wire

KNOT Offshore Partners LP Announces Second Quarter 2022 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Second Quarter of 2022 before opening of the market on Thu...

6 months ago - Business Wire

Is KNOT Offshore Partners (KNOP) Stock Outpacing Its Transportation Peers This Year?

Here is how Knot Offshore (KNOP) and Star Bulk Carriers (SBLK) have performed compared to their sector so far this year.

7 months ago - Zacks Investment Research

KNOT Offshore Partners LP Announces Second Quarter 2022 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash di...

7 months ago - Business Wire

KNOT Offshore Partners LP Announces Acquisition of Synnøve Knutsen

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired KNOT Shuttle Tank...

7 months ago - Business Wire

Is KNOT Offshore Partners (KNOP) Outperforming Other Transportation Stocks This Year?

Here is how Knot Offshore (KNOP) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

7 months ago - Zacks Investment Research

Has KNOT Offshore Partners (KNOP) Outpaced Other Transportation Stocks This Year?

Here is how Knot Offshore (KNOP) and Navios Maritime Partners LP (NMM) have performed compared to their sector so far this year.

8 months ago - Zacks Investment Research

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2022

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP): Financial Highlights For the three months ended March 31, 2022, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “...

9 months ago - Business Wire

KNOT Offshore Partners LP Announces First Quarter 2022 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the First Quarter of 2022 before opening of the market on Thur...

10 months ago - Business Wire

KNOT Offshore Partners LP Announces First Quarter 2022 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash di...

10 months ago - Business Wire

KNOT Offshore Partners LP Announces Availability Of Its Form 20-F for the Year Ended December 31, 2021

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed w...

11 months ago - Business Wire

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended December 31, 2021

ABERDEEN, Scotland--(BUSINESS WIRE)--  Financial Highlights For the three months ended December 31, 2021, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total rev...

11 months ago - Business Wire

3 Top MLPs to Buy For High Yields

Investors searching for sources of high yields that are secure don't often have too many options to choose from. Enterprise Products Partners, KNOT Offshore Partners, and Magellan Midstream Partners a...

Other symbols: EPDMMP
1 year ago - InvestorPlace

KNOT Offshore Partners LP Announces Fourth Quarter 2021 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Fourth Quarter of 2021 before opening of the market on Thu...

1 year ago - Business Wire

KNOT Offshore Partners LP Announces Fourth Quarter 2021 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash di...

1 year ago - Business Wire

KNOT Offshore Partners Stock Slips After Q3 Revenue Miss

KNOT Offshore Partners LP (NYSE: KNOP) reported third-quarter revenue of $66.6 million, down 6.6% year-over-year, missing the consensus of $70.8 million. The operating income was 21.13 million (-31.6%...

1 year ago - Benzinga

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2021

ABERDEEN, Scotland--(BUSINESS WIRE)--  Financial Highlights For the three months ended September 30, 2021, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total re...

1 year ago - Business Wire

KNOT Offshore Partners LP Announces Third Quarter 2021 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Third Quarter of 2021 before opening of the market on Thur...

1 year ago - Business Wire