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KNOT Offshore Partners ( (KNOP) ) just unveiled an update.
On November 3, 2025, KNOT Offshore Partners LP announced that it received an unsolicited non-binding buyout proposal from Knutsen NYK Offshore Tankers AS. The proposal involves acquiring all publicly held common units of the Partnership for $10 per unit through a merger. The offer is subject to approval by the KNOP Conflicts Committee, the KNOP Board, and the KNOT board of directors, along with other customary conditions. The outcome of this proposal could significantly impact the company’s operations and its stakeholders, although there is no certainty that the transaction will be completed.
The most recent analyst rating on (KNOP) stock is a Buy with a $10.50 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 receives a strong score due to its solid financial performance, attractive valuation, and positive earnings call highlights. The company’s strategic initiatives and high dividend yield further enhance its investment appeal, despite concerns over high leverage.
To see Spark’s full report on KNOP stock, click here.
More about KNOT Offshore Partners
KNOT Offshore Partners LP is a company that owns, operates, and acquires shuttle tankers, primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. It is structured as a publicly traded master limited partnership and its common units are traded on the New York Stock Exchange under the symbol ‘KNOP’.
Average Trading Volume: 81,898
Technical Sentiment Signal: Buy
Current Market Cap: $315.1M
See more insights into KNOP stock on TipRanks’ Stock Analysis page.