KNOT Offshore Partners
KNOP

$6.77

2.03%

Market Cap: $237M

About: KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.

Employees: 838

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

126% more call options, than puts

Call options by funds: $630K | Put options by funds: $279K

72% more capital invested

Capital invested by funds: $37.4M [Q1] → $64.2M (+$26.8M) [Q2]

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

5% more funds holding

Funds holding: 39 [Q1] → 41 (+2) [Q2]

0.03% more ownership

Funds ownership: 21.46% [Q1] → 21.5% (+0.03%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

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Research analyst outlook

We haven’t received any recent analyst ratings for KNOP.

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Financial journalist opinion

Based on 4 articles about KNOP published over the past 30 days

KNOT Offshore Partners: Solid Q2 But Going Private Deal Growing Unlikely - Hold

Adjusted for a $16.4 million non-cash impairment charge related to its MR shuttle tankers, KNOT Offshore Partners LP delivered solid Q2 2024 results. After cutting common unit distributions by 95% in January 2023, net debt decreased for a sixth consecutive quarter to approximately $845 million. While contracting activity wasn't great, the company managed to negotiate a favorable asset swap transaction with parent Knutsen NYK Offshore Tankers.

KNOT Offshore Partners: Solid Q2 But Going Private Deal Growing Unlikely - Hold

KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript

KNOT Offshore Partners LP (NYSE:KNOP ) Q2 2024 Results Conference Call September 4, 2024 9:30 AM ET Company Participants Derek Lowe - CEO and CFO Conference Call Participants Liam Burke - B. Riley Poe Fratt - AGP Jim Altschul - Aviation Advisory Service Operator Good morning, everyone.

KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript

Knot Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2024

ABERDEEN, Scotland--(BUSINESS WIRE)--Financial Highlights For the three months ended June 30, 2024 (“Q2 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $74.4 million, operating income of $1.3 million and net loss of $12.9 million, after recording a combined $16.4 million non-cash impairment in respect of the vessels Dan Cisne and Dan Sabia. When adjusted to remove the impact of the impairment, operating income for the quarter was $1.

Knot Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2024

Zacks Investment Research

KNOP to Report Q2 Earnings: What's in Store for the Stock?

High costs are likely to have hurt KNOT Offshore's bottom-line performance in the second quarter.

KNOP to Report Q2 Earnings: What's in Store for the Stock?

KNOT Offshore Partners LP Announces 2nd Quarter 2024 Earnings Results Conference Call

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the 2nd Quarter of 2024 before opening of the market on Wednesday, September 4, 2024. The Partnership also plans to host a conference call on Wednesday, September 4, 2024 at 9:30 AM (Eastern Time) to discuss the results for the 2nd Quarter of 2024. All unitholders and interested parties are invited to listen to the live conference call by choosing from the fo.

KNOT Offshore Partners LP Announces 2nd Quarter 2024 Earnings Results Conference Call

Zacks Investment Research

Should Value Investors Buy KNOT Offshore Partners (KNOP) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy KNOT Offshore Partners (KNOP) Stock?

KNOT Offshore Partners LP Announces 2nd Quarter 2024 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on August 8, 2024, to all unitholders of record as of the close of business on July 29, 2024. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and ac.

KNOT Offshore Partners LP Announces 2nd Quarter 2024 Cash Distribution

Zacks Investment Research

5 Stocks With Recent Price Strength to Boost Your Portfolio

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are KNOP, AMSC, HHS, ATGE, GPRK.

5 Stocks With Recent Price Strength to Boost Your Portfolio

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

Zacks Investment Research

What Makes Knot Offshore (KNOP) a Good Fit for 'Trend Investing'

Knot Offshore (KNOP) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes Knot Offshore (KNOP) a Good Fit for 'Trend Investing'

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