KNOP icon

KNOT Offshore Partners

5.60 USD
+0.08
1.45%
At close Jan 30, 4:00 PM EST
1 day
1.45%
5 days
-2.78%
1 month
3.51%
3 months
-5.56%
6 months
-23.39%
Year to date
-4.92%
1 year
-5.25%
5 years
-71.06%
10 years
-73.66%
 

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 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

175% more call options, than puts

Call options by funds: $539K | Put options by funds: $196K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

2% more funds holding

Funds holding: 41 [Q2] → 42 (+1) [Q3]

2.5% less ownership

Funds ownership: 25.01% [Q2] → 22.5% (-2.5%) [Q3]

30% less capital invested

Capital invested by funds: $74.7M [Q2] → $52.5M (-$22.2M) [Q3]

36% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 14

Research analyst outlook

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

Financial journalist opinion

Based on 5 articles about KNOP published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Has KNOT Offshore Partners (KNOP) Outpaced Other Transportation Stocks This Year?
Here is how Knot Offshore (KNOP) and Viking Holdings (VIK) have performed compared to their sector so far this year.
Has KNOT Offshore Partners (KNOP) Outpaced Other Transportation Stocks This Year?
Positive
Zacks Investment Research
3 weeks ago
Is KNOT Offshore Partners (KNOP) Stock Undervalued Right Now?
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.
Is KNOT Offshore Partners (KNOP) Stock Undervalued Right Now?
Neutral
Business Wire
3 weeks ago
KNOT Offshore Partners LP Announces 4th 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 December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 2025. The Partnership continues to believe that key components of its strate.
KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution
Negative
Zacks Investment Research
3 weeks ago
Are Transportation Stocks Lagging KNOT Offshore Partners (KNOP) This Year?
Here is how Knot Offshore (KNOP) and Freightcar America (RAIL) have performed compared to their sector so far this year.
Are Transportation Stocks Lagging KNOT Offshore Partners (KNOP) This Year?
Positive
Zacks Investment Research
3 weeks ago
Knot Offshore (KNOP) Stock Jumps 8.1%: Will It Continue to Soar?
Knot Offshore (KNOP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Knot Offshore (KNOP) Stock Jumps 8.1%: Will It Continue to Soar?
Positive
Seeking Alpha
1 month ago
KNOT Offshore Partners: No Visible Near-Term Catalysts - Hold
Leading shuttle tanker operator KNOT Offshore Partners reported mixed Q3/2024 with the company's bottom line impacted by derivative losses and inflationary pressures on operating expenses. A recent vessel swap with parent Knutsen NYK resulted in backlog and estimated average daily time charter rate increasing to new multi-year highs. However, a combination of heavy debt amortization requirements and near-term refinancing needs are likely to result in quarterly distributions remaining at current levels for the time being.
KNOT Offshore Partners: No Visible Near-Term Catalysts - Hold
Neutral
Seeking Alpha
1 month ago
KNOT Offshore Partners LP (KNOP) Q3 2024 Earnings Call Transcript
KNOT Offshore Partners LP (NYSE:KNOP ) Q3 2024 Earnings Conference Call December 5, 2024 9:30 AM ET Company Participants Derek Lowe - CEO and CFO Conference Call Participants Liam Burke - B. Riley Jim Altschul - Aviation Advisory Service Poe Fratt - Alliance Global Partners Pavel Oliva - RockHill Global Clement Mullins - Value Investor's Edge Fredrik Dybwad - Fearnley Securities Operator Good morning and thank you all for joining.
KNOT Offshore Partners LP (KNOP) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
1 month ago
KNOT Offshore Partners LP Earnings Release — Interim Results for the Period Ended September 30, 2024
ABERDEEN, Scotland--(BUSINESS WIRE)--Financial Highlights For the three months ended September 30, 2024 (“Q3 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $76.3 million, operating income of $17.2 million and net loss of $3.8 million. Generated Adjusted EBITDA1 of $45.1 million. Reported $77.2 million in available liquidity at September 30, 2024, which was comprised of cash and cash equivalents of $67.2 million and undrawn revolvin.
KNOT Offshore Partners LP Earnings Release — Interim Results for the Period Ended September 30, 2024
Negative
Seeking Alpha
2 months ago
KNOT Offshore Partners: The Outlook For Higher Distributions
KNOT Offshore Partners faces significant debt maturities in 2025 and 2026. Despite generating free cash flow, KNOP is still likely to have a large shortfall that needs to be refinanced. Their dry dockings in 2025 and 2026 are likely to modestly weaken financial performance versus 2024.
KNOT Offshore Partners: The Outlook For Higher Distributions
Neutral
Business Wire
2 months ago
KNOT Offshore Partners LP Announces 3rd 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 3rd Quarter of 2024 before opening of the market on Thursday, December 5, 2024. The Partnership also plans to host a conference call on Thursday, December 5, 2024 at 9:30 AM (Eastern Time) to discuss the results for the 3rd Quarter of 2024. All unitholders and interested parties are invited to listen to the live conference call by choosing from the follow.
KNOT Offshore Partners LP Announces 3rd Quarter 2024 Earnings Results Conference Call
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