KNOT Offshore Partners LP Company Profile (NYSE:KNOP)

About KNOT Offshore Partners LP (NYSE:KNOP)

KNOT Offshore Partners LP logoKNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership), owns, operates and acquires shuttle tankers under long-term charters. The Partnership's vessels in its fleet are chartered to Statoil ASA (Statoil), Petrobras Transporte S.A. (Transpetro), Repsol Sinopec Brasil, S.A. (Repsol), Royal Dutch Shell plc, ExxonMobil, and Eni Trading and Shipping S.p.A. (ENI). As of March 17, 2017, the Company had a fleet of 12 shuttle tankers. Its shuttle tankers include Fortaleza Knutsen, Recife Knutsen, Bodil Knutsen and Dan Cisne. KNOT Offshore Partners GP LLC is the general partner of the Partnership. It is engaged in the loading, transportation and storage of the crude oil using the vessels in its fleet. It provides all of these services under time charters and bareboat charters. As of December 31, 2016, eight of its shuttle tankers were chartered under time charters and four of its shuttle tankers were chartered under bareboat charters.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $672.07 million
  • Outstanding Shares: 27,752,000
Average Prices:
  • 50 Day Moving Avg: $22.95
  • 200 Day Moving Avg: $22.38
  • 52 Week Range: $16.56 - $24.67
P/E:
  • Trailing P/E Ratio: 10.25
  • Foreward P/E Ratio: 10.09
  • P/E Growth: 9.62
Sales & Book Value:
  • Annual Revenue: $175.49 million
  • Price / Sales: 3.54
  • Book Value: $19.03 per share
  • Price / Book: 1.18
Dividend:
  • Annual Dividend: $2.08
  • Dividend Yield: 9.1%
Profitability:
  • EBIDTA: $133.46 million
  • Net Margins: 34.56%
  • Return on Equity: 10.29%
  • Return on Assets: 4.41%
Debt:
  • Debt-to-Equity Ratio: 1.13%
  • Current Ratio: 0.46%
  • Quick Ratio: 0.45%
Misc:
  • Average Volume: 59,292 shs.
  • Beta: 0.83
  • Short Ratio: 1.3
 

Frequently Asked Questions for KNOT Offshore Partners LP (NYSE:KNOP)

What is KNOT Offshore Partners LP's stock symbol?

KNOT Offshore Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNOP."

How often does KNOT Offshore Partners LP pay dividends? What is the dividend yield for KNOT Offshore Partners LP?

KNOT Offshore Partners LP declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Tuesday, May 2nd will be given a dividend of $0.52 per share on Monday, May 15th. This represents a $2.08 annualized dividend and a dividend yield of 9.29%. The ex-dividend date is Friday, April 28th. View KNOT Offshore Partners LP's Dividend History.

How were KNOT Offshore Partners LP's earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) announced its quarterly earnings data on Wednesday, November, 4th. The company reported $0.50 EPS for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.02. The firm had revenue of $39.30 million for the quarter, compared to analysts' expectations of $39.17 million. KNOT Offshore Partners LP had a net margin of 34.56% and a return on equity of 10.29%. View KNOT Offshore Partners LP's Earnings History.

Where is KNOT Offshore Partners LP's stock going? Where will KNOT Offshore Partners LP's stock price be in 2017?

3 brokers have issued 1-year target prices for KNOT Offshore Partners LP's shares. Their forecasts range from $20.00 to $20.00. On average, they expect KNOT Offshore Partners LP's share price to reach $20.00 in the next twelve months. View Analyst Ratings for KNOT Offshore Partners LP.

Who are some of KNOT Offshore Partners LP's key competitors?

Who owns KNOT Offshore Partners LP stock?

KNOT Offshore Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (8.15%), Eagle Global Advisors LLC (7.89%), OppenheimerFunds Inc. (6.58%), Goldman Sachs Group Inc. (5.95%), Duff & Phelps Investment Management Co. (2.77%) and Bank of America Corp DE (1.51%). View Institutional Ownership Trends for KNOT Offshore Partners LP.

Who sold KNOT Offshore Partners LP stock? Who is selling KNOT Offshore Partners LP stock?

KNOT Offshore Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Van ECK Associates Corp, Goldman Sachs Group Inc. and UBS Group AG. View Insider Buying and Selling for KNOT Offshore Partners LP.

Who bought KNOT Offshore Partners LP stock? Who is buying KNOT Offshore Partners LP stock?

KNOT Offshore Partners LP's stock was purchased by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., HITE Hedge Asset Management LLC, Eagle Global Advisors LLC, Renaissance Technologies LLC, Green Square Capital LLC, Morgan Stanley, Bank of America Corp DE and Duff & Phelps Investment Management Co.. View Insider Buying and Selling for KNOT Offshore Partners LP.

How do I buy KNOT Offshore Partners LP stock?

Shares of KNOT Offshore Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of KNOT Offshore Partners LP stock cost?

One share of KNOT Offshore Partners LP stock can currently be purchased for approximately $22.40.

Analyst Ratings

Consensus Ratings for KNOT Offshore Partners LP (NYSE:KNOP) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $20.00 (10.71% downside)

Analysts' Ratings History for KNOT Offshore Partners LP (NYSE:KNOP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
8/17/2016Barclays PLCBoost Price TargetEqual Weight$17.00 -> $20.00N/AView Rating Details
7/11/2016Citigroup IncReiterated RatingHold$14.00 -> $20.00N/AView Rating Details
5/17/2016Royal Bank of CanadaBoost Price TargetOutperform$19.00 -> $22.00N/AView Rating Details
3/15/2016Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for KNOT Offshore Partners LP (NYSE:KNOP)
Earnings by Quarter for KNOT Offshore Partners LP (NYSE:KNOP)
Earnings History by Quarter for KNOT Offshore Partners LP (NYSE:KNOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/15/2017Q316$0.44$0.63$43.53 million$45.00 millionViewListenView Earnings Details
11/4/2015Q315$0.48$0.50$39.17 million$39.30 millionViewN/AView Earnings Details
2/17/2015Q414$0.41$0.68$34.26 million$34.68 millionViewN/AView Earnings Details
11/6/2014Q3 2014$0.36$0.84$33.56 million$34.27 millionViewN/AView Earnings Details
8/14/2014Q2 2014$0.32$0.47$22.12 million$22.12 millionViewN/AView Earnings Details
2/19/2014$0.36$0.42ViewN/AView Earnings Details
11/25/2013Q3$0.28$0.74ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for KNOT Offshore Partners LP (NYSE:KNOP)
Current Year EPS Consensus Estimate: $2.15 EPS
Next Year EPS Consensus Estimate: $2.22 EPS

Dividends

Current Dividend Information for KNOT Offshore Partners LP (NYSE:KNOP)
Most Recent Dividend:5/15/2017
Annual Dividend:$2.08
Dividend Yield:9.29%
Dividend Growth:40.40% (3 Year Average)
Payout Ratio:76.19% (Trailing 12 Months of Earnings)
96.74% (Based on This Year's Estimates)
93.69% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for KNOT Offshore Partners LP (NYSE:KNOP)

Dividend History by Quarter for KNOT Offshore Partners LP (NYSE:KNOP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/19/2017quarterly$0.529.08%4/28/20175/2/20175/15/2017
1/18/2017quarterly$0.529.45%1/31/20172/2/20172/15/2017
10/14/2016quarterly$0.529.9%10/28/201611/1/201611/14/2016
7/15/2016quarterly$0.5211.25%8/1/20168/3/20168/15/2016
4/15/2016quarterly$0.5212.55%5/2/20165/4/20165/16/2016
1/20/2016quarterly$0.5220.19%2/1/20162/3/20162/15/2016
10/19/2015quarterly$0.5211.72%10/29/201511/2/201511/13/2015
7/17/2015quarterly$0.5112.18%7/30/20158/3/20158/14/2015
4/17/2015quarterly$0.518.16%4/30/20155/4/20155/14/2015
1/21/2015quarterly$0.498.78%1/30/20152/3/20152/13/2015
10/15/2014quarterly$0.498.57%10/31/201411/4/201411/14/2014
7/14/2014quarterly$0.446.12%7/31/20148/4/20148/14/2014
4/15/2014quarterly$0.446.37%5/1/20145/5/20145/15/2014
1/22/2014quarterly$0.446.67%1/31/20142/4/20142/14/2014
10/23/2013quarterly$0.446.92%10/31/201311/4/201311/14/2013
7/23/2013quarterly$0.325.21%8/1/20138/5/20138/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for KNOT Offshore Partners LP (NYSE:KNOP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for KNOT Offshore Partners LP (NYSE:KNOP)
Latest Headlines for KNOT Offshore Partners LP (NYSE:KNOP)
Source:
DateHeadline
americanbankingnews.com logo$53.06 Million in Sales Expected for KNOT Offshore Partners LP (KNOP) This Quarter
www.americanbankingnews.com - May 26 at 3:42 PM
finance.yahoo.com logoIs KNOT Offshore Partners (KNOP) a Great Stock for Value Investors?
finance.yahoo.com - May 25 at 3:18 PM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 22 at 10:52 AM
americanbankingnews.com logoZacks Investment Research Lowers KNOT Offshore Partners LP (KNOP) to Sell
www.americanbankingnews.com - May 18 at 12:30 PM
finance.yahoo.com logoEdited Transcript of KNOP earnings conference call or presentation 17-May-17 4:00pm GMT
finance.yahoo.com - May 18 at 9:01 AM
seekingalpha.com logoKNOT Offshore Partners' (KNOP) CEO John Costain on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 17 at 11:10 PM
finance.yahoo.com logoKNOT Offshore Partners LP breached its 50 day moving average in a Bullish Manner : KNOP-US : May 17, 2017
finance.yahoo.com - May 17 at 9:43 AM
seekingalpha.com logoKNOT Offshore Partners misses on revenue
seekingalpha.com - May 16 at 10:50 AM
finance.yahoo.com logoKnot Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2017
finance.yahoo.com - May 16 at 10:50 AM
finance.yahoo.com logoKnot Offshore posts 1Q profit
finance.yahoo.com - May 16 at 10:50 AM
finance.yahoo.com logoKNOT Offshore Partners LP – Value Analysis (NYSE:KNOP) : May 8, 2017
finance.yahoo.com - May 9 at 12:04 PM
finance.yahoo.com logoKNOT Offshore Partners LP breached its 50 day moving average in a Bearish Manner : KNOP-US : May 5, 2017
finance.yahoo.com - May 5 at 6:09 PM
americanbankingnews.com logoKNOT Offshore Partners (KNOP) Receiving Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - May 2 at 11:48 AM
americanbankingnews.com logo Brokerages Expect KNOT Offshore Partners LP (KNOP) Will Post Earnings of $0.36 Per Share
www.americanbankingnews.com - May 1 at 5:44 PM
finance.yahoo.com logoKNOT Offshore Partners LP : KNOP-US: Dividend Analysis : May 02nd, 2017 (record date) : By the numbers : April 28, 2017
finance.yahoo.com - April 28 at 7:07 PM
americanbankingnews.com logoKNOT Offshore Partners (KNOP) Given Media Sentiment Score of 0.03
www.americanbankingnews.com - April 26 at 8:32 PM
finance.yahoo.com logoKNOT Offshore Partners LP Announces First Quarter 2017 Earnings Results Conference Call - Yahoo Finance
finance.yahoo.com - April 26 at 7:09 PM
finance.yahoo.com logoKNOT Offshore Partners LP Announces First Quarter 2017 Earnings Results Conference Call
finance.yahoo.com - April 25 at 5:35 PM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 25 at 10:21 AM
seekingalpha.com logoDividend Stock Yields 9%, Record Earnings Again, More Due In 2017, Goes Ex-Dividend This Week
seekingalpha.com - April 22 at 5:41 PM
americanbankingnews.com logoKNOT Offshore Partners (KNOP) Given Daily News Sentiment Rating of -0.39
www.americanbankingnews.com - April 22 at 7:23 AM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Downgraded by TheStreet
www.americanbankingnews.com - April 21 at 3:48 PM
businesswire.com logoKNOT Offshore Partners LP Announces First Quarter 2017 Cash ... - Business Wire (press release)
www.businesswire.com - April 19 at 11:17 PM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Announces $0.52 Quarterly Dividend
www.americanbankingnews.com - April 19 at 6:22 PM
finance.yahoo.com logoKNOT Offshore Partners LP Announces First Quarter 2017 Cash Distribution
finance.yahoo.com - April 18 at 10:48 AM
americanbankingnews.com logoKNOT Offshore Partners (KNOP) Earns Media Sentiment Score of 0.37
www.americanbankingnews.com - April 15 at 12:57 PM
americanbankingnews.com logo Brokerages Anticipate KNOT Offshore Partners LP (KNOP) Will Post Quarterly Sales of $46 Million
www.americanbankingnews.com - April 12 at 12:12 PM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Expected to Post Earnings of $0.36 Per Share
www.americanbankingnews.com - April 10 at 11:28 AM
americanbankingnews.com logoKNOT Offshore Partners LP (KNOP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 31 at 1:55 PM
businesswire.com logoKNOT Offshore Partners Announces Refinancing of Hilda Knutsen ... - Business Wire (press release)
www.businesswire.com - March 31 at 9:05 AM
uk.finance.yahoo.com logoKNOT Offshore Partners Announces Refinancing of Hilda Knutsen Facility and Change to Board
uk.finance.yahoo.com - March 30 at 6:30 PM
finance.yahoo.com logo4:40 pm KNOT Offshore Partners announces refinancing of Hilda Knutsen facility that will make a 'significant' liquidity contribution to the Partnership
finance.yahoo.com - March 30 at 6:30 PM
finance.yahoo.com logoKNOT OFFSHORE PARTNERS LP Financials
finance.yahoo.com - March 23 at 6:46 PM
uk.finance.yahoo.com logoKNOT Offshore Partners LP Announces Availability of Its Form 20-F for the Year Ended December 31, 2016
uk.finance.yahoo.com - March 17 at 6:24 PM
seekingalpha.com logoKNOT Offshore Partners (KNOP) Presents At DNB Oil Offshore and Shipping Conference
seekingalpha.com - March 3 at 11:11 PM
businesswire.com logoKNOT Offshore Partners LP Announces Completion of the Acquisition of Tordis Knutsen - Business Wire (press release)
www.businesswire.com - March 1 at 10:54 PM
uk.finance.yahoo.com logoKNOT Offshore Partners LP Announces Completion of the Acquisition of Tordis Knutsen
uk.finance.yahoo.com - March 1 at 11:25 AM
finance.yahoo.com logoShould Value Investors Consider KNOT Offshore Partners a Suitable Stock?
finance.yahoo.com - February 27 at 6:29 PM
seekingalpha.com logoKNOT Offshore Partners LP 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 16 at 5:50 PM
biz.yahoo.com logoQ4 2016 Knot Offshore Partners LP Earnings Release - Before Market Open
biz.yahoo.com - February 16 at 5:50 PM
seekingalpha.com logoKNOT Offshore Partners beats on revenue
seekingalpha.com - February 15 at 5:39 AM
uk.finance.yahoo.com logoKNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended December 31, 2016
us.rd.yahoo.com - February 15 at 5:39 AM
nasdaq.com logoKNOT Offshore Partners LP (KNOP) Ex-Dividend Date Scheduled for January 31, 2017 - Nasdaq
www.nasdaq.com - January 30 at 6:52 PM
businesswire.com logoKNOT Offshore Partners LP to present at RedChip's Global Online Growth Conference - Business Wire (press release)
www.businesswire.com - January 26 at 7:57 PM
uk.finance.yahoo.com logoKNOT Offshore Partners LP to present at RedChip’s Global Online Growth Conference
uk.finance.yahoo.com - January 25 at 4:55 AM
uk.finance.yahoo.com logoKNOT Offshore Partners LP Announces Fourth Quarter 2016 Earnings Results Conference Call
uk.finance.yahoo.com - January 23 at 10:36 AM
businesswire.com logoKNOT Offshore Partners LP Announces Fourth Quarter 2016 Cash Distribution - Business Wire (press release)
www.businesswire.com - January 19 at 4:46 AM
streetinsider.com logoKnot Offshore Partners (KNOP) Declares $0.52 Quarterly Dividend; 9.3% Yield
www.streetinsider.com - January 17 at 12:10 PM
uk.finance.yahoo.com logoKNOT Offshore Partners LP Announces Fourth Quarter 2016 Cash Distribution
uk.finance.yahoo.com - January 17 at 12:10 PM
businesswire.com logoKNOT Offshore Partners LP to Host Investor Day in New York City on 15 February, 2017 - Business Wire (press release)
www.businesswire.com - January 6 at 11:56 PM

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Chart

KNOT Offshore Partners LP (KNOP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff