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KNOT Offshore Partners ( (KNOP) ) has issued an announcement.
On July 2, 2025, KNOT Offshore Partners LP completed a significant transaction involving the sale of shares in KNOT Shuttle Tankers 37 AS to KNOT Shuttle Tankers AS. This move is part of a strategic realignment, potentially impacting the company’s operational focus and financial structure. The transaction, valued at USD 95 million, reflects KNOT’s efforts to optimize its asset portfolio and strengthen its market position in the shuttle tanker sector.
The most recent analyst rating on (KNOP) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
Spark’s Take on KNOP Stock
According to Spark, TipRanks’ AI Analyst, KNOP is a Outperform.
KNOT Offshore Partners’ stock is supported by strong financial performance and a positive outlook from the earnings call. However, technical indicators suggest overbought conditions, and the valuation appears stretched with a high P/E ratio and low dividend yield. The company’s ability to manage debt and maintain financial resilience will be crucial moving forward.
To see Spark’s full report on KNOP stock, click here.
More about KNOT Offshore Partners
KNOT Offshore Partners LP operates in the maritime industry, focusing on owning and operating shuttle tankers under long-term charters. The company primarily serves the offshore oil production industry, providing essential transportation services for crude oil from offshore production sites to onshore terminals.
Average Trading Volume: 72,736
Technical Sentiment Signal: Buy
Current Market Cap: $316.9M
Find detailed analytics on KNOP stock on TipRanks’ Stock Analysis page.