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KNOT Offshore Partners (KNOP)
NYSE:KNOP
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KNOT Offshore Partners (KNOP) Price & Analysis

686 Followers

KNOP Stock Chart & Stats

$10.69
$0.03(0.24%)
At close: 4:00 PM EDT
$10.69
$0.03(0.24%)

Bulls Say, Bears Say

Bulls Say
Contracted Revenue VisibilityThe sizable multi-year backlog supports predictable vessel revenue and reduces exposure to spot-market volatility. This provides operating visibility over the next several years and helps underpin cash generation.
Long-Term Fleet ExpansionAcquiring a modern shuttle tanker with a long Petrobras charter adds contracted capacity and strengthens fleet longevity. The transaction aligns growth with revenue visibility rather than relying on speculative vessel deployment.
Strong Utilization And Cash GenerationHigh utilization demonstrates effective fleet employment, while strong operating cash flow indicates the charter model converts contracted activity into liquidity. Together, these support maintenance spending, debt service and fleet operations.
Bears Say
Elevated Leverage And Low ReturnsHigh leverage increases sensitivity to refinancing conditions and interest costs, while low returns indicate limited earnings efficiency on the equity base. This combination reduces financial flexibility for fleet investment or distributions.
Weak GAAP Earnings ConversionThe large gap between EBITDA and GAAP profit shows that depreciation, financing costs and other charges materially absorb operating earnings. This can constrain reported profitability and distribution capacity despite strong vessel-level cash flow.
Debt Refinancing And Balloon RiskThe refinancing extends maturities, but the large balloon payment preserves a meaningful future funding obligation. KNOP may remain exposed to refinancing execution, asset values and credit-market conditions when repayment becomes due.

KNOT Offshore Partners News

KNOP FAQ

What was KNOT Offshore Partners’s price range in the past 12 months?
KNOT Offshore Partners lowest stock price was $7.74 and its highest was $11.78 in the past 12 months.
    What is KNOT Offshore Partners’s market cap?
    KNOT Offshore Partners’s market cap is $388.03M.
      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 89 days.
        How were KNOT Offshore Partners’s earnings last quarter?
        KNOT Offshore Partners released its earnings results on Sep 03, 2026. The company reported $0.101 earnings per share for the quarter, beating the consensus estimate of -$0.03 by $0.131.
          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 pays a Quarterly dividend of $0.075 which represents an annual dividend yield of 1.55%. See more information on KNOT Offshore Partners dividends here
              What is KNOT Offshore Partners’s EPS estimate?
              KNOT Offshore Partners’s EPS estimate is 0.06.
                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 $0.101 in its last earnings report, beating expectations of -$0.03. Following the earnings report the stock price went up 1.425%.
                    Which hedge fund is a major shareholder of KNOT Offshore Partners?
                    Currently, no hedge funds are holding shares in KNOP
                    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 (KNOP) Earnings & Revenues

                      KNOP Company Deck

                      KNOP 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 KNOP earnings summaries
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                      Ownership Overview

                      34.05%6.78%8.80%50.18%
                      34.05% Insiders
                      8.80% Other Institutional Investors
                      50.18% Public Companies and
                      Individual Investors
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