About KNOT Offshore Partners (NYSE:KNOP)
KNOT 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
Trailing P/E Ratio8.96021663812672
Forward P/E Ratio8.84
Sales & Book Value
Annual Sales$219.20 million
Price / Sales3.02
Cash Flow$4.25 per share
Price / Cash4.77
Book Value$19.57 per share
Price / Book1.03
Net Income$68.06 million
Return on Equity10.92%
Return on Assets4.16%
KNOT Offshore Partners (NYSE:KNOP) Frequently Asked Questions
What is KNOT Offshore Partners' stock symbol?
KNOT Offshore Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNOP."
How often does KNOT Offshore Partners pay dividends? What is the dividend yield for KNOT Offshore Partners?
KNOT Offshore Partners announced a quarterly dividend on Wednesday, January 17th. Investors of record on Friday, February 2nd will be given a dividend of $0.52 per share on Thursday, February 15th. This represents a $2.08 annualized dividend and a dividend yield of 10.27%. The ex-dividend date is Thursday, February 1st. View KNOT Offshore Partners' Dividend History.
How were KNOT Offshore Partners' earnings last quarter?
KNOT Offshore Partners LP (NYSE:KNOP) issued its quarterly earnings data on Wednesday, November, 4th. The shipping company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The shipping company earned $39.30 million during the quarter, compared to analysts' expectations of $39.17 million. KNOT Offshore Partners had a return on equity of 10.92% and a net margin of 31.05%. View KNOT Offshore Partners' Earnings History.
When will KNOT Offshore Partners make its next earnings announcement?
Who are some of KNOT Offshore Partners' key competitors?
Some companies that are related to KNOT Offshore Partners include Matson (MATX), Marten Transport (MRTN), Golden Ocean Group (GOGL), Textainer Group (TGH), Stagecoach Group (SAGKF), Pacific Basin Ship (PCFBY), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), ArcBest (ARCB), Seaspan (SSW), Star Bulk Carriers (SBLK), Teekay (TK), Echo Global Logistics (ECHO), Frontline (FRO), American Railcar Industries (ARII), Costamare (CMRE), Scorpio Tankers (STNG) and Student Transportation (STB).
Who are KNOT Offshore Partners' key executives?
KNOT Offshore Partners' management team includes the folowing people:
- Trygve Seglem, Chairman of the Board of KNOT Offshore Partners GP LLC (Age 63)
- John Costain, Chief Executive Officer, Chief Financial Officer of KNOT Offshore Partners GP LLC (Age 50)
- Hans Petter Aas, Director of KNOT Offshore Partners GP LLC (Age 71)
- Takuji Banno, Director of KNOT Offshore Partners GP LLC
- Andrew Beveridge, Director of KNOT Offshore Partners GP LLC (Age 66)
- Richard Beyer, Director
- Simon Bird, Director of KNOT Offshore Partners GP LLC
Who owns KNOT Offshore Partners stock?
KNOT Offshore Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.27%), Eagle Global Advisors LLC (6.21%), OppenheimerFunds Inc. (5.54%), Clearbridge Investments LLC (4.59%), Goldman Sachs Group Inc. (4.53%) and Green Square Capital LLC (1.15%). View Institutional Ownership Trends for KNOT Offshore Partners.
Who sold KNOT Offshore Partners stock? Who is selling KNOT Offshore Partners stock?
KNOT Offshore Partners' stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Goldman Sachs Group Inc., Eagle Global Advisors LLC, Kayne Anderson Capital Advisors LP, TCW Group Inc., Wells Fargo & Company MN, Clearbridge Investments LLC and OppenheimerFunds Inc.. View Insider Buying and Selling for KNOT Offshore Partners.
Who bought KNOT Offshore Partners stock? Who is buying KNOT Offshore Partners stock?
KNOT Offshore Partners' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Deutsche Bank AG, FNY Partners Fund LP, Millennium Management LLC, Arrowstreet Capital Limited Partnership, Naples Global Advisors LLC, Citadel Advisors LLC and Green Square Capital LLC. View Insider Buying and Selling for KNOT Offshore Partners.
How do I buy KNOT Offshore Partners stock?
Shares of KNOT Offshore Partners can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is KNOT Offshore Partners' stock price today?
One share of KNOT Offshore Partners stock can currently be purchased for approximately $20.25.
How big of a company is KNOT Offshore Partners?
KNOT Offshore Partners has a market capitalization of $662.05 million and generates $219.20 million in revenue each year. The shipping company earns $68.06 million in net income (profit) each year or $2.26 on an earnings per share basis. KNOT Offshore Partners employs 290 workers across the globe.
How can I contact KNOT Offshore Partners?
KNOT Offshore Partners' mailing address is 2 QUEEN`S CROSS, ABERDEEN X0, AB15 4YB. The shipping company can be reached via phone at 44-12-2461-8420.
MarketBeat Community Rating for KNOT Offshore Partners (KNOP)MarketBeat's community ratings are surveys of what our community members think about KNOT Offshore Partners and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
KNOT Offshore Partners (NYSE:KNOP) Earnings History and Estimates Chart
KNOT Offshore Partners (NYSE KNOP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/3/2017||Q3 2017||$0.62||$0.71||$57.30 million||$58.22 million||View||N/A|
|8/9/2017||Q2 2017||$0.52||$0.57||$53.06 million||$54.41 million||View||N/A|
|5/16/2017||Q1 2017||$0.36||$0.39||$46.00 million||$44.99 million||View||N/A|
|2/15/2017||Q316||$0.44||$0.63||$43.53 million||$45.00 million||View||Listen|
|11/1/2016||Q3 2016||$0.45||$0.52||$42.16 million||$43.59 million||View||N/A|
|8/10/2016||Q2 2016||$0.43||$0.60||$43.30 million||$43.06 million||View||N/A|
|5/11/2016||Q1 2016||$0.44||$0.68||$41.30 million||$42.03 million||View||N/A|
|2/17/2016||Q4 2015||$0.53||$0.68||$41.76 million||$42.54 million||View||N/A|
|11/4/2015||Q315||$0.48||$0.50||$39.17 million||$39.30 million||View||N/A|
|8/12/2015||Q2 2015||$0.42||$1.25||$38.40 million||$36.98 million||View||N/A|
|5/7/2015||Q1 2015||$0.47||$0.78||$36.61 million||$36.22 million||View||N/A|
|2/17/2015||Q414||$0.41||$0.68||$34.26 million||$34.68 million||View||N/A|
|11/6/2014||Q3 2014||$0.36||$0.84||$33.56 million||$34.27 million||View||N/A|
|8/14/2014||Q2 2014||$0.32||$0.47||$22.12 million||$22.12 million||View||N/A|
|5/14/2014||Q1 2014||$0.27||$0.75||$21.30 million||$21.77 million||View||N/A|
|2/19/2014||$0.36||$0.42||$21.66 million||$22.22 million||View||N/A|
|11/25/2013||Q3||$0.28||$0.74||$20.12 million||$20.45 million||View||N/A|
|8/26/2013||Q2 2013||$0.21||$0.46||$16.33 million||$17.27 million||View||N/A|
KNOT Offshore Partners (NYSE:KNOP) Earnings Estimates
Current Year EPS Consensus Estimate: $2.29 EPS
Next Year EPS Consensus Estimate: $2.19 EPS
KNOT Offshore Partners (NYSE:KNOP) Dividend Information
|Most Recent Dividend:||2/15/2018|
|Dividend Growth:||5.00% (3 Year Average)|
|Payout Ratio:||92.04% (Trailing 12 Months of Earnings) |
90.83% (Based on This Year's Estimates)
94.98% (Based on Next Year's Estimates)
KNOT Offshore Partners (NYSE:KNOP) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for KNOT Offshore Partners (NYSE KNOP)
No insider trades for this company have been tracked by MarketBeat.com
KNOT Offshore Partners (NYSE KNOP) News Headlines
KNOT Offshore Partners (NYSE:KNOP) SEC Filings
This page is loading this company's SEC Filings. Please wait...
KNOT Offshore Partners (NYSE:KNOP) Income Statement, Balance Sheet and Cash Flow Statement
KNOT Offshore Partners (NYSE KNOP) Stock Chart for Sunday, March, 18, 2018