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

685 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 VisibilityExtensive forward charter coverage gives KNOP substantial revenue visibility and reduces near-term exposure to spot-market weakness. The fixed backlog and multi-year options support planning, debt service and recurring cash generation over the next several quarters.
Fleet Growth And RenewalThe acquisition adds a newer shuttle tanker and a long-duration Petrobras contract, extending KNOP’s contracted cash-flow base while reducing average fleet age. This strengthens asset quality and supports more durable participation in offshore energy logistics.
Structural Shuttle Tanker DemandGrowing offshore production and FPSO deployment create a structural need for specialized shuttle tanker services. A limited, non-speculative order book may support utilization and chartering conditions, giving KNOP a favorable backdrop beyond temporary market movements.
Bears Say
Elevated LeveragePersistent leverage constrains financial flexibility in a capital-intensive fleet business and increases sensitivity to interest costs, refinancing and asset values. Although debt has declined from 2025, the balance sheet still leaves less capacity to absorb operating or market setbacks.
Thin And Volatile Net ProfitabilityStrong operating margins have not translated into robust bottom-line profitability, reflecting the burden of depreciation, financing and other costs. Thin net margins and prior losses reduce earnings resilience and make sustained distributions more dependent on stable vessel employment.
Lower Future Firm CoverageThe decline in firm coverage creates greater renewal and counterparty-option dependence as 2028 approaches. If charterer options are not exercised, KNOP would face more exposure to securing replacement employment, potentially affecting utilization and cash-flow visibility.

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 $8.77 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 $341.73M.
      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 41 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 $0.1 which represents an annual dividend yield of 1.77%. 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 was strongly positive. Management reported solid financial results, higher liquidity, an increased distribution, successful fleet expansion, additional long-term charter coverage, lower-cost refinancing, tightening market conditions, and substantial forward coverage. The main challenges were reduced overall utilization following scheduled drydocking, the removal of two vessels from the drop-down inventory, an upcoming Lena Knutsen facility maturity, and lower firm coverage in 2028 before options are included.View all KNOP earnings summaries
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                      Ownership Overview

                      34.05%6.78%0.12%58.97%
                      34.05% Insiders
                      0.12% Other Institutional Investors
                      58.97% Public Companies and
                      Individual Investors
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