KNOT Offshore Partners

KNOT Offshore Partners LP is engaged in the operation and acquisition of shuttle tankers under long-term charters. Its fleet consists of sixteen shuttle tankers, which are vessels designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. The company was founded on February 21, 2013 and is headquartered in Aberdeen, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KNOT Offshore Partners reports strong Q4 earnings amidst market variations

KNOP delivered strong financial performance in Q4 2022 with solid revenues and operational efficiency, despite challenges in debt refinancings and market conditions.
The partnership's focus on safe operations, crew welfare, and contract certainty underpins its commitment to sustainable growth and shareholder value.
Opportunities in debt refinancings, market expansion in Brazil, and contract diversification position KNOP for long-term success and resilience in the offshore industry.
Navigating challenges in debt management, market dynamics, and interest rate risks will be crucial for KNOP to sustain its financial performance and drive growth.

KNOT Offshore Partners (KNOP) reports robust Q1 performance amidst market challenges

KNOT Offshore Partners (KNOP) posts strong Q1 results with stable financials and operational performance, while navigating challenges around shareholder concerns and market rate fluctuations. The company remains focused on long-term sustainability and growth opportunities in the evolving tanker market.

KNOT Offshore Partners reports robust Q2 performance and strategic focus

KNOP's Q2 performance showcased operational strength and financial resilience.
Balancing liquidity needs with operational requirements and market dynamics is crucial.
Strategic focus on stability and revenue generation positions KNOP for future growth.
Management's emphasis on financial prudence and operational excellence is evident.

KNOP reports robust Q3 earnings, eyes growth amid debt refinancing

KNOP's Q3 performance reflects financial strength and operational growth, supported by secured vessel contracts and liquidity management.
While facing challenges such as limited recent drop-downs and increased long-term debt, KNOP is well-positioned to capitalize on growth opportunities.
The partnership's proactive marketing strategies and focus on debt management indicate a strategic approach to navigating market dynamics.

KNOT Offshore Partners reports solid Q4 results, eyes growth opportunities

KNOP's Q4 performance showcased resilience with strong revenue generation and operational efficiency. While facing debt repayment challenges, the company's strategic contract extensions and positive industry outlook position it well for future growth.

KNOT Offshore Partners reports strong Q1 earnings and growth outlook

KNOP's Q1 performance reflects financial stability, operational efficiency, and strategic growth initiatives amidst market challenges and opportunities.
The company's strengths lie in its strong liquidity position, customer relationships, and focus on debt repayment, while challenges include debt management and market uncertainties.
Opportunities for KNOP include expanding in high-demand markets, securing new contracts, and enhancing shareholder value through strategic initiatives like share buybacks.

KNOT Offshore Partners reports resilient Q2 performance amidst growth opportunities

KNOT Offshore Partners' Q2 performance showcased resilience despite challenges. The company's strong liquidity position and operational efficiency are notable strengths. Opportunities lie in fleet growth and anticipated sector expansion, while challenges include addressing losses and optimizing asset deployment.

KNOT Offshore Partners reports resilient Q3 performance and strategic growth

KNOP's Q3 performance reflects resilience amidst challenges, with a focus on stability and growth through strategic initiatives.
The company's strong contracted revenue position and proactive business approach position it well for future opportunities.
While facing challenges in financial management, KNOP remains committed to navigating uncertainties and optimizing operational performance.

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KNOT Offshore Partners LP engages in the operation and acquisition of shuttle tankers under long-term charters. Its fleet consists of sixteen shuttle tankers, which are vessels designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. The company was founded on February 21, 2013 and is headquartered in Aberdeen, the United Kingdom.

Here is how Knot Offshore (KNOP) and Star Bulk Carriers (SBLK) have performed compared to their sector so far this year.

Is KNOT Offshore Partners (KNOP) Stock Outpacing Its Transportation Peers This Year?

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, 2022, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on August 11, 2022 to all unitholders of record as of the close of business on July 28, 2022. About KNOT Offshore

KNOT Offshore Partners LP Announces Second Quarter 2022 Cash Distribution

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired KNOT Shuttle Tankers 35 AS, the company that owns the shuttle tanker, Synnøve Knutsen, from Knutsen NYK Offshore Tankers AS (“KNOT” “Sponsor”) (the “Acquisition”). The purchase price of the Acquisition, which has been financed on a non-dilutive basis using borrowings under a new and separate sale and leaseback agre

KNOT Offshore Partners LP Announces Acquisition of Synnøve Knutsen

Here is how Knot Offshore (KNOP) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

Is KNOT Offshore Partners (KNOP) Outperforming Other Transportation Stocks This Year?

KNOT Offshore Partners delivered an underwhelming quarterly report in the MRQ with sequential revenue decline because of vessel drydocking. Apart from the scheduled drydocking, its fleet utilization rate of 99.7% is healthy, and the future market demand is also strong with new global offshore oil projects underway.

KNOT Offshore Partners: Strong And Consistent Dividend Yield

Here is how Knot Offshore (KNOP) and Navios Maritime Partners LP (NMM) have performed compared to their sector so far this year.

Has KNOT Offshore Partners (KNOP) Outpaced Other Transportation Stocks This Year?

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KNOT Offshore Partners LP (NYSE:KNOP ) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Gary Chapman - Chief Executive Officer Conference Call Participants Robert Silvera - R.E. Silvera & Associates Liam Burke - B.

KNOT Offshore Partners LP (KNOP) CEO Gary Chapman on Q1 2022 Results - Earnings Call Transcript

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP): Financial Highlights For the three months ended March 31, 2022, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $65.2 million, operating income of $17.5 million and net income of $26.8 million. Generated Adjusted EBITDA of $43.4 million (1) Generated distributable cash flow of $14.5 million (1) Reported $96.3 million in available liquidity, which included cash and c

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2022

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the First Quarter of 2022 before opening of the market on Thursday, May 12, 2022. The Partnership also plans to host a conference call on Thursday, May 12, 2022 at 11:00 AM (Eastern Time) to discuss the results for the First Quarter of 2022. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following

KNOT Offshore Partners LP Announces First Quarter 2022 Earnings Results Conference Call

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 March 31, 2022, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on May 12, 2022 to all unitholders of record as of the close of business on April 28, 2022. About KNOT Offshore

KNOT Offshore Partners LP Announces First Quarter 2022 Cash Distribution

KNOP is up 24% in 2022, but still looks undervalued.

KNOT Offshore Partners LP: 12% Yield, No K-1, Steady Dividends

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the SEC and can be accessed on the Partnership's website www.knotoffshorepartners.com under the “Investor Relations” section or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partner

KNOT Offshore Partners LP Announces Availability Of Its Form 20-F for the Year Ended December 31, 2021

KNOT Offshore Partners LP (KNOP) CEO Gary Chapman on Q4 2021 Results - Earnings Call Transcript

ABERDEEN, Scotland--(BUSINESS WIRE)--  Financial Highlights For the three months ended December 31, 2021, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $72.1 million, operating income of $26.0 million and net income of $23.1 million. Generated Adjusted EBITDA of $52.0 million (1) Generated distributable cash flow of $23.3 million (1) Reported a distribution coverage ratio of 1.28 (2) Reported $117.3 million in available liquidity, which i

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended December 31, 2021

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ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Fourth Quarter of 2021 before opening of the market on Thursday, March 10, 2022. The Partnership also plans to host a conference call on Thursday, March 10, 2022 at 11:00 AM (Eastern Time) to discuss the results for the Fourth Quarter of 2021. All unitholders and interested parties are invited to listen to the live conference call by choosing from the fol

KNOT Offshore Partners LP Announces Fourth Quarter 2021 Earnings Results Conference Call

Management maintained KNOP's $0.52 dividend for Q4 '21 - the 26th consecutive $0.52 payout. KNOP yields 12.72%, and goes ex-dividend on 1/27/22. KNOP is up 19% in 2022, but still looks undervalued.

KNOT Offshore Partners LP: Steady Dividend In Q4, 13% Yield, No K-1

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, 2021, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on February 10, 2022 to all unitholders of record as of the close of business on January 28, 2022. About KNOT

KNOT Offshore Partners LP Announces Fourth Quarter 2021 Cash Distribution

KNOT Offshore Partners defied the turmoil of 2020 and 2021 to sustain their distributions. Whilst they saw impacts during the third quarter of 2021, these were only very short term but worryingly, when looking ahead they face a wave of charter contracts ending.

KNOT Offshore Partners: IDR Elimination Lining Up For A Distribution Cut

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KNOT Offshore Partners LP (NYSE: KNOP) reported third-quarter revenue of $66.6 million, down 6.6% year-over-year, missing the consensus of $70.8 million. The operating income was 21.13 million (-31.6% Y/Y), and the margin contracted to 31.7% compared to 43.3% a year ago.

KNOT Offshore Partners Stock Slips After Q3 Revenue Miss

KNOT Offshore Partners LP (KNOP) CEO Gary Chapman on Q3 2021 Results - Earnings Call Transcript

ABERDEEN, Scotland--(BUSINESS WIRE)--  Financial Highlights For the three months ended September 30, 2021, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $66.6 million, operating income of $21.1 million and net income of $13.5 million. Generated Adjusted EBITDA of $47.2 million (1) Generated distributable cash flow of $18.6 million (1) Reported a distribution coverage ratio of 1.03 (2) Reported $121.6 million in available liquidity, which

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2021

During the downturn of 2020, the focus on KNOT Offshore Partners was whether they would sustain their distributions, which they successfully did now that their 2021 debt has been refinanced. Now that this sits in the past and their unit price has rallied towards its five-year highs, it would be prudent for investors to consider their long-term future.

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