KNOT Offshore Partners (KNOP) Stock Price, News & Analysis

Company Overview

KNOT Offshore Partners LP is a publicly traded limited partnership formed in 2013 to own and operate shuttle tankers under long‐term charters in the offshore oil industry. Listed on the New York Stock Exchange under the symbol KNOP, the partnership specializes in the transportation of crude oil from offshore production facilities to onshore refineries. Its fleet comprises moderne shuttle tankers equipped with dynamic positioning systems, enabling safe transfer operations in harsh weather and sea conditions.

The partnership’s vessels primarily serve fields in the North Sea, Brazil and West Africa, where they operate under multi‐year contracts with major energy producers. These shuttle tankers are tailored to meet stringent environmental and safety regulations, featuring double hull construction and advanced navigation systems. Through fixed‐rate and minimum‐volume charter agreements, KNOT Offshore Partners LP seeks to provide stable cash flows and maintain high utilization across its fleet.

KNOT Offshore Partners LP is managed by KNOT Offshore GP AS, a wholly owned subsidiary of Knutsen NYK Offshore Tankers (KNOT), itself a joint venture between the Knutsen Group and Nippon Yusen Kaisha (NYK). The general partner oversees all commercial and technical management, including crewing, maintenance and compliance with international maritime standards. The board of directors and executive leadership draw on decades of combined experience in offshore shipping and project management to guide the partnership’s growth strategy.

Since its initial public offering in 2013, KNOT Offshore Partners LP has focused on selective fleet expansion and strategic fleet renewal to enhance operational efficiency and environmental performance. The partnership continues to explore opportunities for growth through additional long‐term charters and potential acquisitions of modern shuttle tankers. By leveraging its affiliation with established industry players, KNOT Offshore Partners LP aims to maintain a leading position in the global shuttle tanker segment.

Key Stats

• Today's Range: $11.35 to $11.54
• 50-Day Range: $9.14 to $11.51
• 52-Week Range: $6.16 to $11.54
• Volume: 92,988 shs
• Average Volume: 93,167 shs
• Market Capitalization: $387.56 million
• P/E Ratio: 16.93
• Dividend Yield: 1.74%
• Price Target: $14.00
• Consensus Rating: Moderate Buy

KNOT Offshore Partners Stock Analysis - MarketRank™

KNOT Offshore Partners scored higher than 78% of companies evaluated by MarketBeat, and ranked 33rd out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

KNOT Offshore Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside Potential

KNOT Offshore Partners has a consensus price target of $14.00, representing about 21.6% upside from its current price of $11.51.

Amount of Analyst Coverage

KNOT Offshore Partners has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -60.92%

Earnings Growth

Earnings for KNOT Offshore Partners are expected to decrease by -60.92% in the coming year, from $0.87 to $0.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of KNOT Offshore Partners is 16.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of KNOT Offshore Partners is 16.93, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.76.

Price to Book Value per Share Ratio

KNOT Offshore Partners has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.81% of the float of KNOT Offshore Partners has been sold short.

Short Interest Ratio / Days to Cover

KNOT Offshore Partners has a short interest ratio ("days to cover") of 2.91, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in KNOT Offshore Partners has recently increased by 3.13%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

KNOT Offshore Partners pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

KNOT Offshore Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of KNOT Offshore Partners is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, KNOT Offshore Partners will have a dividend payout ratio of 58.82% next year. This indicates that KNOT Offshore Partners will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

KNOT Offshore Partners has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 1 news article for KNOT Offshore Partners this week, compared to 1 article on an average week.

Search Interest

7 people have searched for KNOP on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, KNOT Offshore Partners insiders have not sold or bought any company stock.

Percentage Held by Institutions

26.82% of the stock of KNOT Offshore Partners is held by institutions.

KNOP Stock Analysis - Frequently Asked Questions

How have KNOP shares performed this year?

KNOT Offshore Partners' stock was trading at $10.3850 at the start of the year. Since then, KNOP shares have increased by 10.9% and is now trading at $11.5140.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) posted its earnings results on Thursday, December, 4th. The shipping company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.32. The shipping company had revenue of $96.87 million for the quarter, compared to analyst estimates of $88.12 million. KNOT Offshore Partners had a trailing twelve-month return on equity of 7.30% and a net margin of 6.38%.
Read the conference call transcript.

When did KNOT Offshore Partners IPO?

KNOT Offshore Partners (KNOP) raised $149 million in an IPO on Wednesday, April 10th 2013. The company issued 7,450,000 shares at a price of $19.00-$21.00 per share.

Who are KNOT Offshore Partners' major shareholders?

Top institutional investors of KNOT Offshore Partners include Janney Montgomery Scott LLC (0.19%).

How do I buy shares of KNOT Offshore Partners?

Shares of KNOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of KNOT Offshore Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KNOT Offshore Partners investors own include Energy Transfer (ET), Conatus Pharmaceuticals (CNAT), Enterprise Products Partners (EPD), AT&T (T), Rithm Capital (RITM), ONEOK (OKE) and Realty Income (O).

Company Calendar

• Last Earnings: 12/04/2025
• Record date for 2/5 Dividend: 1/26/2026
• Ex-Dividend for 2/5 Dividend: 1/26/2026
• Dividend Payable: 2/05/2026
• Record date for 5/14 Dividend: 4/27/2026
• Ex-Dividend for 5/14 Dividend: 4/27/2026
• Today: 5/05/2026
• Dividend Payable: 5/14/2026
• Next Earnings (Estimated): 5/19/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NYSE:KNOP
• CIK: 1564180
• Web: www.knotoffshorepartners.com
• Phone: 441224618420
• Fax: 44-12-2462-4891
• Employees: 640
• Year Founded: 2013

Price Target and Rating

• Average Price Target for KNOT Offshore Partners: $14.00
• High Price Target: $14.00
• Low Price Target: $14.00
• Potential Upside/Downside: +21.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.68
• Trailing P/E Ratio: 9.87
• Forward P/E Ratio: 13.23
• P/E Growth: N/A
• Net Income: $22.96 million
• Net Margins: 6.38%
• Pretax Margin: 6.70%
• Return on Equity: 7.30%
• Return on Assets: 2.35%

Debt

• Debt-to-Equity Ratio: 1.07
• Current Ratio: 0.26
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $364.44 million
• Price / Sales: 1.06
• Cash Flow: $4.64 per share
• Price / Cash Flow: 2.48
• Book Value: $15.94 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 33,660,000
• Free Float: N/A
• Market Cap: $387.56 million
• Optionable: Optionable
• Beta: -0.07