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

Company Overview

KNOT Offshore Partners LP (NYSE: KNOP) is a publicly traded master limited partnership formed to own, operate and acquire shuttle tankers under long-term, fixed-rate charters. The partnership specializes in the seaborne transportation of crude oil and petroleum products from offshore production facilities to refineries and storage terminals. Its shuttle tankers are equipped with dynamic positioning systems that enable safe and reliable loading in challenging offshore environments.

Since its initial public offering in 2013, KNOT Offshore Partners has steadily expanded its fleet through vessel acquisitions and joint ventures. The partnership’s shuttle tankers serve major oil and gas fields in the North Sea, the Brazilian coast and Southeast Asia, supporting producers such as Equinor, Petrobras and other international energy companies. Each vessel operates under multi‐year charters that provide revenue stability and strong visibility into cash flows.

The company is managed by KNOT Offshore Partners GP, LLC, whose leadership team comprises shipping and energy industry veterans based in Norway and Bermuda. Technical and crewing services are provided through affiliations with Knutsen NYK Offshore Tankers and KNOT FOCUS, ensuring high standards of safety, compliance and vessel maintenance.

KNOT Offshore Partners remains focused on disciplined growth, leveraging its deep charter relationships and operational expertise to pursue accretive vessel acquisitions. With a strategy centered on long-term, fixed-rate contracts and modern, purpose-built shuttle tankers, the partnership aims to deliver reliable service to its customers while generating stable results for unitholders.

Key Stats

• Today's Range: $6.84 to $7.04
• 50-Day Range: $6.24 to $7.05
• 52-Week Range: $5.28 to $8.12
• Volume: 24,600 shs
• Average Volume: 75,616 shs
• Market Capitalization: $239.59 million
• P/E Ratio: 17.04
• Dividend Yield: 1.43%
• Price Target: N/A
• Consensus Rating: Strong Buy

KNOT Offshore Partners Stock Analysis - MarketRank™

KNOT Offshore Partners scored higher than 74% of companies evaluated by MarketBeat, and ranked 74th out of 126 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for KNOT Offshore Partners.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 341.67%

Earnings Growth

Earnings for KNOT Offshore Partners are expected to grow by 341.67% in the coming year, from $0.12 to $0.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of KNOT Offshore Partners is 17.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of KNOT Offshore Partners is 17.04, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.23.

Price to Book Value per Share Ratio

KNOT Offshore Partners has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.77% 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 2.8, 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 decreased by 5.77%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

KNOT Offshore Partners pays a meaningful dividend of 1.49%, 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 24.39%. 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 18.87% next year. This indicates that KNOT Offshore Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.77% 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 2.8, 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 decreased by 5.77%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.86

News Sentiment

KNOT Offshore Partners has a news sentiment score of 0.86. 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 higher news sentiment than the 0.75 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for KNOT Offshore Partners this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 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

Only 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 $5.45 on January 1st, 2025. Since then, KNOP shares have increased by 28.2% and is now trading at $6.9850.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) posted its earnings results on Tuesday, May, 20th. The shipping company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08. The shipping company earned $84.03 million during the quarter, compared to analyst estimates of $79.74 million. KNOT Offshore Partners had a trailing twelve-month return on equity of 4.35% and a net margin of 4.36%.
Read the conference call transcript.

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

• Record date for 5/8 Dividend: 4/28/2025
• Ex-Dividend for 5/8 Dividend: 4/28/2025
• Dividend Payable: 5/08/2025
• Last Earnings: 5/20/2025
• Today: 7/13/2025
• Record date for 8/7 Dividend: 7/28/2025
• Ex-Dividend for 8/7 Dividend: 7/28/2025
• Dividend Payable: 8/07/2025
• Next Earnings (Estimated): 9/02/2025
• Fiscal Year End: 12/31/2025

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: N/A

Profitability

• EPS (Trailing Twelve Months): $0.41
• Trailing P/E Ratio: 17.04
• Forward P/E Ratio: 58.21
• P/E Growth: N/A
• Net Income: $13.93 million
• Net Margins: 4.36%
• Pretax Margin: 4.69%
• Return on Equity: 4.35%
• Return on Assets: 1.43%

Debt

• Debt-to-Equity Ratio: 1.31
• Current Ratio: 0.34
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $318.60 million
• Price / Sales: 0.75
• Cash Flow: $3.95 per share
• Price / Cash Flow: 1.77
• Book Value: $15.36 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 34,300,000
• Free Float: N/A
• Market Cap: $239.59 million
• Optionable: Optionable
• Beta: -0.11