KNOT Offshore Partners (KNOP)
NYSE:KNOP
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KNOP Stock Chart & Stats
$10.13
$0.04(0.64%)
At close: 4:00 PM EST
$10.13
$0.04(0.64%)
Day’s Range― - ―
52-Week Range$6.16 - $11.15
Previous CloseN/A
Volume9.76K
Average Volume (3M)135.12K
Market Cap
$354.75M
Enterprise Value$1.21B
Total Cash (Recent Filing)$88.98M
Total Debt (Recent Filing)$955.98M
Price to Earnings (P/E)15.1
Beta0.06
Next Earnings
May 27, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield1%
Share Statistics
EPS (TTM)-0.18
Shares Outstanding33,818,707
10 Day Avg. Volume83,717
30 Day Avg. Volume135,121
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.57
Price to Sales (P/S)0.96
P/FCF Ratio2.26
Enterprise Value/Market Cap3.42
Enterprise Value/Revenue3.33
Enterprise Value/Gross Profit8.67
Enterprise Value/Ebitda5.47
Forecast
1Y Price Target
$14.50Price Target Upside43.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.46
Revenue Forecast (FY)$368.93M
Bulls Say, Bears Say
Bulls Say
Contracted Backlog & Charter CoverageA $929M multi-year backlog and high near-term charter coverage materially reduce revenue volatility and spot exposure. Multi-year fixed contracts (avg. 2.6 years) provide durable cash flow visibility that supports planning for capex, debt servicing and selective capital returns over the medium term.
Very High Fleet UtilizationConsistently high utilization indicates strong structural demand and efficient fleet deployment, lowering per-vessel unit costs and maximizing revenue per asset. Sustained tight market dynamics in core regions translate into lasting operational leverage and stronger long-term cash generation potential.
Solid Cash Generation And LiquidityConsistent positive operating and free cash flow, plus a $137M liquidity buffer, provide a durable financial cushion. Reliable cash conversion supports maintenance capex, scheduled debt repayments and selective capital allocation, enhancing resilience through the upcoming refinancing cycles.
Bears Say
Elevated Leverage And Refinancing RiskDebt roughly 1.5x equity and sizable maturities in late 2026 create structural refinancing exposure. While management has a refinancing track record, persistent leverage reduces flexibility, raises refinancing cost sensitivity and could force asset sales or constrain distributions if credit conditions deteriorate.
Impairment & Shorter Vessel Useful LivesA recent noncash impairment and a reduction of vessel useful lives increase noncash charges and future depreciation, lowering reported earnings quality. These accounting shifts signal asset-value and charter-preference risks that can persistently depress reported profitability and distributable cash.
Sponsor Dependence & Governance UncertaintyReliance on sponsor drop-downs for fleet renewal and the terminated buyout talks highlight strategic and governance uncertainty. Inconsistent sponsor-derived growth and failed unitholder quorum episodes limit predictable low-cost fleet expansion and reduce strategic optionality over the medium term.
KNOT Offshore Partners News
KNOP FAQ
What was KNOT Offshore Partners’s price range in the past 12 months?
KNOT Offshore Partners lowest stock price was $6.16 and its highest was $11.15 in the past 12 months.
What is KNOT Offshore Partners’s market cap?
KNOT Offshore Partners’s market cap is $354.75M.
When is KNOT Offshore Partners’s upcoming earnings report date?
KNOT Offshore Partners’s upcoming earnings report date is May 27, 2026 which is in 39 days.
How were KNOT Offshore Partners’s earnings last quarter?
KNOT Offshore Partners released its earnings results on Mar 25, 2026. The company reported -$0.185 earnings per share for the quarter, missing the consensus estimate of $0.385 by -$0.57.
Is KNOT Offshore Partners overvalued?
According to Wall Street analysts KNOT Offshore Partners’s price is currently Undervalued.
Does KNOT Offshore Partners pay dividends?
KNOT Offshore Partners pays a Quarterly dividend of $0.026 which represents an annual dividend yield of 1%. See more information on KNOT Offshore Partners dividends here
What is KNOT Offshore Partners’s EPS estimate?
KNOT Offshore Partners’s EPS estimate is 0.3.
How many shares outstanding does KNOT Offshore Partners have?
KNOT Offshore Partners has 33,818,707 shares outstanding.
What happened to KNOT Offshore Partners’s price movement after its last earnings report?
KNOT Offshore Partners reported an EPS of -$0.185 in its last earnings report, missing expectations of $0.385. Following the earnings report the stock price went up 1.517%.
Which hedge fund is a major shareholder of KNOT Offshore Partners?
Currently, no hedge funds are holding shares in KNOP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
KNOT Offshore Partners Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.50 (43.14% Upside)
$14.50 (43.14% Upside)
Blogger Sentiment
Neutral
KNOP Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 325.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.4%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.54%
12-Months-Change
Fundamentals
Return on Equity
3.77%
Trailing 12-Months
Asset Growth
7.17%
Trailing 12-Months
Company Description
KNOT Offshore Partners
KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
KNOP Company Deck
KNOP Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a largely positive operational and commercial outlook: strong revenue generation (adjusted for impairment), high utilization, a substantial contracted backlog, improving liquidity and demonstrated refinancing capability. Key negatives include a significant noncash impairment that pressured reported results, upcoming material debt maturities that require refinancing, a reduced accounting useful life that may raise depreciation, and continued uncertainty around distributions and sponsor-related transactions. On balance, the positive operational momentum, backlog, and liquidity improvements outweigh the near-term financial and accounting headwinds.View all KNOP earnings summariesKNOP Stock 12 Month Forecast
Average Price Target
$14.50
▲(43.14% Upside)
Technical Analysis
Danaos
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Navios Maritime Partners
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SFL Corporation
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Star Bulk Carriers
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Okeanis Eco Tankers Corp.
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Ownership Overview
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Insiders
6.74% Mutual Funds
0.23% Other Institutional Investors
92.82% Public Companies and
Individual Investors