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KNOT Offshore Partners
(NYSE:KNOP)
KNOT Offshore Partners (KNOP) vs. SPDR S&P 500 ETF (SPY)
KNOT Offshore Partners Business Overview & Revenue Model
KNOT Offshore Partners Earnings Call Summary
KNOT Offshore Partners Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 359.21M | 312.63M | 290.72M | 268.58M | 281.13M | 279.22M |
| Gross Profit | 144.79M | 200.51M | 80.93M | 72.32M | 109.46M | 128.47M |
| EBITDA | 227.04M | 190.68M | 144.64M | 210.19M | 183.00M | 187.63M |
| Net Income | 52.76M | 14.06M | -34.33M | 58.67M | 53.88M | 65.22M |
Balance Sheet | ||||||
| Total Assets | 1.72B | 1.57B | 1.60B | 1.73B | 1.68B | 1.78B |
| Cash, Cash Equivalents and Short-Term Investments | 77.21M | 66.93M | 63.92M | 47.58M | 62.29M | 52.58M |
| Total Debt | 983.60M | 906.00M | 958.91M | 1.06B | 969.87M | 1.03B |
| Total Liabilities | 1.09B | 961.03M | 989.01M | 1.08B | 1.00B | 1.08B |
| Stockholders Equity | 621.44M | 611.13M | 607.48M | 652.21M | 673.01M | 697.55M |
Cash Flow | ||||||
| Free Cash Flow | 155.26M | 136.20M | 128.86M | 97.63M | 154.88M | 168.90M |
| Operating Cash Flow | 155.50M | 137.15M | 131.64M | 100.94M | 166.41M | 169.24M |
| Investing Cash Flow | -25.97M | -338.00K | -2.78M | -35.51M | -11.54M | -21.43M |
| Financing Cash Flow | -119.30M | -133.32M | -112.51M | -79.97M | -145.15M | -139.26M |
KNOT Offshore Partners Technical Analysis
KNOT Offshore Partners Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $1.84B | 4.01 | 13.16% | 3.64% | 3.82% | -13.73% | |
78 Outperform | $1.43B | 16.94 | ― | 6.50% | -12.47% | -34.41% | |
76 Outperform | $1.65B | 6.53 | 8.36% | 0.39% | -1.33% | -33.66% | |
74 Outperform | $372.45M | 6.97 | 8.71% | 1.00% | 19.59% | ― | |
67 Neutral | $2.36B | 39.25 | 2.50% | 1.59% | -13.87% | -82.48% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | $1.22B | -486.78 | -0.15% | 12.24% | -11.10% | -101.57% |
KNOT Offshore Partners Corporate Events
On January 5, 2026, KNOT Offshore Partners LP reported that its adjourned 2025 Annual Meeting of Limited Partners, convened that same day, again failed to achieve the required quorum, preventing the partnership from conducting formal unitholder business. Because of the time elapsed since the original November 6, 2025 record date, the partnership plans to set a new record date and meeting date, with fresh notice and proxy materials to be sent to unitholders of record, signaling a delay in governance decisions that require limited partner approval but also a structured process to secure sufficient participation for future votes.
The most recent analyst rating on (KNOP) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
On December 22, 2025, KNOT Offshore Partners LP announced that its 2025 Annual Meeting of limited partners, originally convened but unable to proceed due to a lack of quorum, has been adjourned to January 5, 2026, at a venue in Canary Wharf, London. The record date for voting remains November 6, 2025, the proposals up for vote and related proxy materials are unchanged, and the partnership is urging unitholders of record who have not yet voted to submit their proxies in favor of all proposals, while confirming that previously submitted votes remain valid, underscoring the importance of unitholder participation to advance its corporate agenda.
The most recent analyst rating on (KNOP) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
KNOT Offshore Partners LP announced the adjournment of its 2025 Annual Meeting of limited partners due to a lack of quorum. The meeting has been rescheduled to December 22, 2025, with no changes to the proposals to be voted on. The company encourages unitholders who have not yet voted to do so in favor of all proposals. This adjournment may impact the company’s operational timelines but maintains the integrity of the voting process.
The most recent analyst rating on (KNOP) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
KNOT Offshore Partners LP reported its financial results for Q3 2025, showing total revenues of $96.9 million and a net income of $15.1 million. The company achieved a fleet utilization rate of 99.87% for scheduled operations. Significant events included the acquisition of a new shuttle tanker, the establishment of a buyback program, and several refinancing and charter agreements. The company also received a non-binding proposal from KNOT to acquire all publicly held common units. The shuttle tanker market, particularly in Brazil, is experiencing growth, with new production start-ups and increasing demand expected to outpace supply in the coming years.
The most recent analyst rating on (KNOP) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
KNOT Offshore Partners LP announced its 2025 Annual Meeting of Limited Partners scheduled for December 15, 2025, in Aberdeen, UK. The meeting will include the election of Ms. Pernille Østensjø as a Class IV Director and the ratification of Ernst & Young AS as the independent public accounting firm for the fiscal year ending December 31, 2025. This meeting is significant as it involves key decisions impacting the governance and financial oversight of the company, which could influence its strategic direction and stakeholder confidence.
The most recent analyst rating on (KNOP) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
On November 3, 2025, KNOT Offshore Partners LP announced that it received an unsolicited non-binding buyout proposal from Knutsen NYK Offshore Tankers AS. The proposal involves acquiring all publicly held common units of the Partnership for $10 per unit through a merger. The offer is subject to approval by the KNOP Conflicts Committee, the KNOP Board, and the KNOT board of directors, along with other customary conditions. The outcome of this proposal could significantly impact the company’s operations and its stakeholders, although there is no certainty that the transaction will be completed.
The most recent analyst rating on (KNOP) stock is a Buy with a $10.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.
KNOT Offshore Partners LP announced its 2025 Annual Meeting will be held on December 15, 2025, with a record date for voting set for November 6, 2025. The Board has nominated Pernille Østensjø to serve as an Independent Director, subject to a vote by the Partnership’s unitholders. Østensjø brings extensive experience in financial management and investment in the energy sector, which is expected to strengthen the Board’s oversight capabilities. The announcement also marks the retirement of Hans Petter Aas, whose contributions have been pivotal to the Partnership’s history.
The most recent analyst rating on (KNOP) stock is a Buy with a $10.50 price target. To see the full list of analyst forecasts on KNOT Offshore Partners stock, see the KNOP Stock Forecast page.