KNOT Offshore Partners LP (KNOP)
$
6.98
+0.32 (4.58%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
KNOT Offshore Partners LP, founded in 2013 and headquartered in Aberdeen, the United Kingdom, specializes in owning, acquiring, and operating shuttle tankers under long-term charters primarily in the North Sea and Brazil. The company reported a net loss of $14,065,000.00 indicating challenges in its operations. As of March 17, 2022, it managed a fleet of seventeen shuttle tankers, providing essential services such as loading, transportation, discharge, and storage of crude oil under time and bareboat charters. The gross profit ratio is 0.64 reflecting the efficiency of the company's production and sales operations during the fiscal year 2024. Additionally, the weighted average number of shares outstanding is 34,937,068.00 highlighting the company's shareholder base, while the interest income earned by the company amounted to $1,057,000.00 showcasing its financial investments. The stock is affordable at $6.80 making it suitable for budget-conscious investors looking to enter the market. However, the stock has a low average trading volume of 69,396.00 indicating lower market activity, which may affect liquidity. With a market capitalization of $237,634,798.00 the company is classified as a small-cap player within the Marine Shipping industry, where it plays a significant role by contributing to the overall market landscape. Furthermore, it belongs to the Industrials sector, driving innovation and growth in a competitive environment that necessitates strategic advancements and robust operational capabilities.
Investing in KNOT Offshore Partners LP (KNOP) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B+, with a Bullish outlook. Always conduct your own research before investing.
Analysts predict KNOT Offshore Partners LP stock to fluctuate between $4.94 (low) and $9.11 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-02, KNOT Offshore Partners LP's market cap is $237,634,798, based on 34,045,100 outstanding shares.
Compared to GE Aerospace, KNOT Offshore Partners LP has a Lower Market-Cap, indicating a difference in performance.
KNOT Offshore Partners LP pays dividends. The current dividend yield is 1.88%, with a payout of $0.03 per share.
To buy KNOT Offshore Partners LP (KNOP) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for KNOP. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Revenue: $312,629,000 | EPS: $0.20 | Growth: -116.95%.
Visit https://www.knotoffshorepartners.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $20.34 (2021-07-26) | All-time low: $4.28 (2023-05-04).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
6 days ago
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the SEC. The report can be accessed on the Partnership's website www.knotoffshorepartners.com in the “Investors” section under “Financial Information” then “Annual Report” or “SEC Filings”, or on the website of the U.S. Securities and Exchange Commissi.
seekingalpha.com
9 days ago
KNOT Offshore Partners' stock is a bet on the cyclical recovery of the markets served. The company reported a profit for the fiscal year. That could mean that the long-delayed recovery has finally arrived. Cash flow improved in fiscal year 2024.
seekingalpha.com
13 days ago
KNOT Offshore Partners reported fourth quarter and full year 2024 results well ahead of expectations. While results were boosted by a number of one-time gains, the recent addition of a modern Suezmax tanker and new, higher-margin contract commencements contributed to the outperformance. While the partnership is facing substantial near-term debt maturities, the company should be able to extend or refinance existing facilities.
seekingalpha.com
13 days ago
KNOT Offshore Partners LP (NYSE:KNOP ) Q4 2024 Earnings Conference Call March 20, 2025 9:30 AM ET Company Participants Derek Lowe - Chief Executive Officer & Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Poe Fratt - Alliance Global Partners Mario Epelbaum - First New York Climent Molins - Value Investor's Edge Operator Good morning and thank you all for attending the KNOT Offshore Partners Fourth Quarter 2024 Earnings Call.
businesswire.com
14 days ago
ABERDEEN, Scotland--(BUSINESS WIRE)--Financial Highlights For the three months ended December 31, 2024 (“Q4 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $91.3 million (including insurance proceeds of $5.9 million), operating income of $34.7 million and net income of $23.3 million. Generated Adjusted EBITDA1 of $63.1 million. Reported $90.4 million in available liquidity at December 31, 2024, which was comprised of cash and cash e.
businesswire.com
a month ago
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the 4th Quarter of 2024 before opening of the market on Thursday, March 20, 2025. The Partnership also plans to host a conference call on Thursday, March 20, 2025 at 9:30 AM (Eastern Time) to discuss the results for the 4th Quarter of 2024. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following.
zacks.com
2 months ago
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
2 months ago
Here is how Knot Offshore (KNOP) and Viking Holdings (VIK) have performed compared to their sector so far this year.
zacks.com
3 months ago
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
businesswire.com
3 months ago
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 2025. The Partnership continues to believe that key components of its strate.
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