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KNOT Offshore Partners (DE:KO4)
FRANKFURT:KO4

KNOT Offshore Partners (KO4) Price & Analysis

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KO4 Stock Chart & Stats

€9.12
-€0.05(-0.61%)
At close: 4:00 PM EDT
€9.12
-€0.05(-0.61%)

Bulls Say, Bears Say

Bulls Say
Contracted Revenue VisibilityExtensive charter coverage reduces exposure to spot-market volatility and supports predictable vessel utilization and revenue over the next several quarters. This visibility also improves planning for debt service, maintenance, distributions, and fleet investment while demonstrating sustained customer demand.
Fleet Renewal And Debt Maturity ExtensionAdding a newer vessel on a long-term Petrobras charter can strengthen fleet quality and extend contracted cash flows, while the refinancing removes near-term maturities on five vessels. Together, these actions support operating continuity and improve the partnership’s asset and financing profile.
Strong Cash Generation And UtilizationSubstantial operating and free cash flow indicates that the contracted shuttle-tanker model is converting operations into cash despite the capital intensity of the fleet. High utilization further supports revenue efficiency, debt repayment capacity, and ongoing funding for maintenance and operations.
Bears Say
Elevated Leverage And Low ReturnsPersistent leverage of this magnitude limits financial flexibility in a capital-intensive shipping business and increases the importance of stable vessel cash flows. The low return on equity also indicates that the current asset base is generating modest shareholder returns, constraining overall earnings quality.
Thin And Volatile GAAP ProfitabilityThin net profitability leaves less cushion against higher financing costs, depreciation, or operational disruption than the strong EBITDA margin might suggest. The prior net loss and below-peak margins also reduce confidence that recent revenue recovery will translate consistently into durable bottom-line earnings.
Higher Future Depreciation ExpenseThe shorter accounting useful lives will increase depreciation charges across the affected vessels and pressure reported operating income and net income for future periods. Although non-cash, this change can widen the gap between EBITDA and GAAP earnings and make reported profitability appear weaker.

KNOT Offshore Partners News

KO4 FAQ

What was KNOT Offshore Partners’s price range in the past 12 months?
KNOT Offshore Partners lowest stock price was €6.75 and its highest was €9.98 in the past 12 months.
    What is KNOT Offshore Partners’s market cap?
    KNOT Offshore Partners’s market cap is €338.70M.
      When is KNOT Offshore Partners’s upcoming earnings report date?
      KNOT Offshore Partners’s upcoming earnings report date is Dec 03, 2026 which is in 88 days.
        How were KNOT Offshore Partners’s earnings last quarter?
        KNOT Offshore Partners released its earnings results on Sep 03, 2026. The company reported €0.087 earnings per share for the quarter, beating the consensus estimate of -€0.026 by €0.113.
          Is KNOT Offshore Partners overvalued?
          According to Wall Street analysts KNOT Offshore Partners’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does KNOT Offshore Partners pay dividends?
            KNOT Offshore Partners does not currently pay dividends.
            What is KNOT Offshore Partners’s EPS estimate?
            KNOT Offshore Partners’s EPS estimate is 0.05.
              How many shares outstanding does KNOT Offshore Partners have?
              KNOT Offshore Partners has 33,660,343 shares outstanding.
                What happened to KNOT Offshore Partners’s price movement after its last earnings report?
                KNOT Offshore Partners reported an EPS of €0.087 in its last earnings report, beating expectations of -€0.026. Following the earnings report the stock price went down -4.781%.
                  Which hedge fund is a major shareholder of KNOT Offshore Partners?
                  Currently, no hedge funds are holding shares in DE:KO4
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    KNOT Offshore Partners

                    KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.

                    KNOT Offshore Partners (KO4) Earnings & Revenues

                    KO4 Company Deck

                    KO4 Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented a generally positive operational picture: strong adjusted EBITDA, high utilization excluding dry docks, a sizeable $858M backlog, improved liquidity (+$3.7M QoQ ≈ +2.7%) and successful rechartering/extensions that support multi-year cash flows. Management has resumed and modestly increased distributions and outlined a path for accretive sponsor drop-downs to grow the fleet. Key negatives include a sequential revenue dip tied to scheduled dry docks and contract timing, a significant gap between adjusted EBITDA and GAAP net income, and a prospective useful-life reduction (23 to 20 years, ≈13% shorter) that will raise non-cash depreciation and weigh on reported earnings. Upcoming refinancing milestones represent execution items to monitor. On balance, the operational strengths and backlog outweigh the near-term accounting and timing headwinds.View all DE:KO4 earnings summaries
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