KNOT Offshore Partners LP owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and storage of crude oil under time charters and bareboat charters. As of April 10, 2019, it had a fleet of 16 shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Phone44-12-2461-8420
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$279.46 million
Profitability
Miscellaneous
Employees1
Next Earnings Date11/25/2019 (Estimated)
OptionableOptionable
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 Tuesday, October 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.52 per share on Thursday, November 14th. This represents a $2.08 dividend on an annualized basis and a yield of 10.64%. The ex-dividend date of this dividend is Wednesday, October 30th. View KNOT Offshore Partners' Dividend History.
How were KNOT Offshore Partners' earnings last quarter?
KNOT Offshore Partners LP (NYSE:KNOP) posted its earnings results on Wednesday, August, 28th. The shipping company reported $0.25 EPS for the quarter. The shipping company earned $70.92 million during the quarter, compared to the consensus estimate of $70.10 million. KNOT Offshore Partners had a net margin of 17.94% and a return on equity of 7.95%. View KNOT Offshore Partners' Earnings History.
When is KNOT Offshore Partners' next earnings date?
What price target have analysts set for KNOP?
1 analysts have issued 12-month price targets for KNOT Offshore Partners' stock. Their forecasts range from $21.00 to $21.00. On average, they anticipate KNOT Offshore Partners' share price to reach $21.00 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for KNOT Offshore Partners.
What is the consensus analysts' recommendation for KNOT Offshore Partners?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KNOT Offshore Partners.
What are Wall Street analysts saying about KNOT Offshore Partners stock?
Here are some recent quotes from research analysts about KNOT Offshore Partners stock:
- 1. According to Zacks Investment Research, "KNOT Offshore Partners LP is engaged in owning, acquiring and operating shuttle tankers, designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. KNOT Offshore Partners LP is based in Aberdeen, the United Kingdom. " (7/24/2019)
- 2. Barclays PLC analysts commented, "We note Shell had previously exercised its one-year option on the 2018, such that we do not necessarily interpret the suspension to have negative implications on the extension outlook at this time. 4Q details. KNOP reported adj. EBITDA of $55.4mm vs. our $53.5mm and consensus of $44.8mm. DCF of $27.3mm was also above our $24.7 mm estimate, primarily reflecting the above mentioned EBITDA beat. As expected, KNOP kept its cash distribution flat Q/Q at $0.52/unit, resulting in coverage of 1.51x (vs. Barclays 1.37x)." (3/18/2019)
Has KNOT Offshore Partners been receiving favorable news coverage?
News stories about KNOP stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KNOT Offshore Partners earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for KNOT Offshore Partners.
Are investors shorting KNOT Offshore Partners?
KNOT Offshore Partners saw a increase in short interest in September. As of September 15th, there was short interest totalling 33,300 shares, an increase of 13.3% from the August 15th total of 29,400 shares. Based on an average daily trading volume, of 83,600 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short. View KNOT Offshore Partners' Current Options Chain.
Who are some of KNOT Offshore Partners' key competitors?
Some companies that are related to KNOT Offshore Partners include Matson (MATX), Golar LNG (GLNG), GasLog (GLOG), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), International Seaways (INSW), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), Tidewater (TDW), Teekay Tankers (TNK), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG) and Odyssey Marine Exploration (OMEX).
What other stocks do shareholders of KNOT Offshore Partners own?
Who are KNOT Offshore Partners' key executives?
KNOT Offshore Partners' management team includes the folowing people:
- Mr. John A. Costain, CEO & CFO (Age 55)
How do I buy shares of KNOT Offshore Partners?
Shares of KNOP 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, Robinhood, Fidelity and Charles Schwab.
What is KNOT Offshore Partners' stock price today?
One share of KNOP stock can currently be purchased for approximately $19.55.
How big of a company is KNOT Offshore Partners?
KNOT Offshore Partners has a market capitalization of $639.09 million and generates $279.46 million in revenue each year. The shipping company earns $80.78 million in net income (profit) each year or $2.51 on an earnings per share basis. KNOT Offshore Partners employs 1 workers across the globe.View Additional Information About KNOT Offshore Partners.
What is KNOT Offshore Partners' official website?
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 or via email at [email protected]
MarketBeat Community Rating for KNOT Offshore Partners (NYSE 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 KNOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KNOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
