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KNOT Offshore Partners (KNOP)
NYSE:KNOP
US Market
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KNOT Offshore Partners (KNOP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Nov 20, 2025
Before Open (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
Last Year’s EPS
-0.11
Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Sep 26, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, high fleet utilization, successful expansion activities, and increased charter coverage. While there are ongoing concerns about debt obligations and older vessels, the overall outlook is positive with strategic initiatives like fleet expansion and a buyback program in place.
Company Guidance
During the KNOT Offshore Partners' second quarter 2025 earnings call, CEO Derek Lowe provided guidance on several key financial metrics and business developments. The company reported revenues of $87.1 million, operating income of $22.2 million, and net income of $6.8 million, with an adjusted EBITDA of $51.6 million. As of June 30, 2025, KNOT Offshore Partners had $104 million in available liquidity, comprising $66.3 million in cash and cash equivalents, and $38.5 million in undrawn credit facilities, reflecting a $4 million increase from the previous quarter. The company achieved a 96.8% utilization rate, accounting for two drydockings. A cash distribution of $0.026 per common unit was declared and paid in August. The partnership also announced a sale and leaseback of the Tove Knutsen, netting $32 million, and the acquisition of the Daqing Knutsen for $95 million, with a cash component of $25 million. The Daqing Knutsen is on a time charter with PetroChina until July 2027. Additionally, the company initiated a $10 million unit buyback program, purchasing 226,000 common units at an average price of $7.24 per unit. The fleet expanded to 19 vessels with an average age of 9.7 years, and the company targets debt repayment of $95 million or more per year. The shuttle tanker market is showing tightening conditions, with an extended backlog of $895 million in fixed contracts averaging 2.6 years.
Strong Financial Performance
Revenues were $87.1 million, operating income of $22.2 million, and net income of $6.8 million. Adjusted EBITDA stood at $51.6 million, with available liquidity increasing by $4 million compared to the previous quarter.
High Fleet Utilization
Achieved 96.8% fleet utilization, taking into account the start of 2 drydockings.
Successful Fleet Expansion
Refinanced Tove Knutsen with a sale and leaseback transaction that netted $32 million in cash. Acquired Daqing Knutsen with a $95 million combination of cash and debt.
Increased Charter Coverage
Extended charter coverage through new agreements, including the Brasil Knutsen going on charter to Equinor and Repsol Sinopec extending the Raquel Knutsen charter through June 2028.
Initiation of Buyback Program
Initiated a $10 million unit buyback program, purchasing 226,000 common units at an average price of $7.24 per unit.

KNOT Offshore Partners (KNOP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

KNOP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Nov 20, 2025
2025 (Q3)
- / -
-0.111
Sep 26, 2025
2025 (Q2)
0.17 / 0.20
-0.377153.05% (+0.58)
May 21, 2025
2025 (Q1)
0.14 / 0.22
0.2182.29% (<+0.01)
Mar 19, 2025
2024 (Q4)
0.03 / 0.68
-0.155540.65% (+0.84)
Dec 04, 2024
2024 (Q3)
-0.02 / -0.11
0.371-129.92% (-0.48)
Sep 03, 2024
2024 (Q2)
-0.07 / -0.38
-1.18668.21% (+0.81)
May 22, 2024
2024 (Q1)
-0.07 / 0.22
-0.038673.68% (+0.26)
Feb 26, 2024
2023 (Q4)
0.06 / -0.15
1.162-113.34% (-1.32)
Dec 13, 2023
2023 (Q3)
-0.11 / 0.37
0.471-21.23% (-0.10)
Aug 31, 2023
2023 (Q2)
-0.04 / -1.19
0.292-506.16% (-1.48)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

KNOP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 26, 2025
$9.44$9.07-3.92%
May 21, 2025
$6.48$6.46-0.31%
Mar 19, 2025
$5.59$6.27+12.16%
Dec 04, 2024
$5.79$5.67-2.07%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does KNOT Offshore Partners (KNOP) report earnings?
KNOT Offshore Partners (KNOP) is schdueled to report earning on Nov 20, 2025, Before Open (Confirmed).
    What is KNOT Offshore Partners (KNOP) earnings time?
    KNOT Offshore Partners (KNOP) earnings time is at Nov 20, 2025, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is KNOP EPS forecast?
          Currently, no data Available
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