Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy

  • Get the full experience

    We save the real magic for signed-in users.

Logo
KNOP US​

KNOT Offshore Partners LP(KNOP US)

$10.26+0.212.09%Ext:$12.31+2.0520.02%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

KNOT Offshore Partners LP — Company Profile

KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.

Sector
Industrials
Industry
Marine Shipping
Exchange
UN
CEO
Derek Lowe
Headquarters
Aberdeen, X0, GB
IPO Date
Apr 10, 2013
Employees
815
Website
www.knotoffshorepartners.com

Key Metrics

Price
$10.59
Market Cap
$356.46M
Revenue (TTM)
$92.01M
Net Income (TTM)
$2.63M
EPS (TTM)
0.08
P/E (TTM)
23.91
P/B (TTM)
0.58
Dividend Yield
118.41%
ROE (TTM)
0.43%
ROA (TTM)
0.16%
Operating Margin
15.97%
Beta
0.27

Dividends

Last Dividend
$0.05
Last Yield
1.18%

Summary

KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.

Website
www.knotoffshorepartners.com
Location
Aberdeen, X0, GB
Phone44 12 2461 8420
Employees815
CEODerek Lowe
Sector
Industrials
IndustryMarine Shipping
IPO DateApr 10, 2013

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(276)

Expand
  • 6-KCurrent report (foreign private issuer)9 Sep
  • 6-KCurrent report (foreign private issuer)3 Sep
  • 6-KCurrent report (foreign private issuer)26 Aug
  • SC 13D/AKNOT Offshore Partners LP30 Jul
  • SC 13D/AKNOT Offshore Partners LP6 Jul
  • SC 13D/AKNOT Offshore Partners LP23 Jun
  • 4Seglem Trygve16 Jun
  • SC 13D/AKNOT Offshore Partners LP16 Jun
  • 6-KCurrent report (foreign private issuer)10 Jun
  • 6-KCurrent report (foreign private issuer)28 May
  • 20-FFY 2025ended 31 Dec 202517 Apr
  • 3Seglem Trygve31 Mar
  • 6-KCurrent report (foreign private issuer)25 Mar
  • SC 13D/AKNOT Offshore Partners LP20 Mar
  • 6-KCurrent report (foreign private issuer)19 Mar
  • 3Bird Simon18 Mar
  • 3Beyer Richard18 Mar
  • 3Okubo Masami18 Mar
  • 3Aas Hans Petter18 Mar
  • 3Waryas Edward Andrew Jr.18 Mar

News

  • Is KNOT Offshore Partners (KNOP) Stock Undervalued Right Now?12 Oct
  • Reviewing KNOT Offshore Partners (NYSE:KNOP) and CVR Energy (NYSE:CVI)4 Oct
  • KNOT Offshore Partners LP Announces 3rd Quarter 2026 Cash Distribution1 Oct
  • Should Value Investors Buy KNOT Offshore Partners (KNOP) Stock?25 Sep
  • Is KNOT Offshore Partners (KNOP) Stock Outpacing Its Transportation Peers This Year?10 Sep
  • Are Investors Undervaluing KNOT Offshore Partners (KNOP) Right Now?9 Sep
  • KNOT Offshore Partners LP Common Units (KNOP) Q2 2026 Earnings Call Transcript4 Sep
  • KNOT Offshore Partners Q2 Earnings Call Highlights4 Sep
  • KNOT Offshore Partners: This One Might Sink Your Portfolio4 Sep
  • KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 20263 Sep
  • KNOT Offshore Partners LP Acquires Hedda Knutsen and Completes $225 Million Loan Refinancing26 Aug
  • KNOT Offshore Partners LP Announces 2nd Quarter 2026 Earnings Results Conference Call10 Aug

Mentions in Filings

  • ##### Table of Contents ***Gary Chapman.*** Gary Chapman was appointed as Chief Financial Officer of Navigator-MI in October 2023. Mr. Chapman joined Navigator from <strong>KNOT Offshore Partners LP</strong>, an NYSE-listed owner and operator of shuttle tankers, where from 2019 he served as both CEO and CFO. Prior to that, Gary was Chief Financial Officer of Biggin Hill Airport Ltd., a private business aviation airport in London, and served for 14 years as Finan …
    Navigator Gas plcKNOT Offshore Partners LP·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·16 Oct
  • ##### Table of Contents ***Gary Chapman.*** Gary Chapman was appointed as Chief Financial Officer of Navigator-MI in October 2023. Mr. Chapman joined Navigator from <strong>KNOT Offshore Partners LP</strong>, an NYSE-listed owner and operator of shuttle tankers, where from 2019 he served as both CEO and CFO. Prior to that, Gary was Chief Financial Officer of Biggin Hill Airport Ltd., a private business aviation airport in London, and served for 14 years as Finan …
    Navigator Gas plcKNOT Offshore Partners LP·F-4/A - Registration statement (business combination, foreign issuer, amendment)·Q4 26·14 Oct
  • ##### Table of Contents ***Gary Chapman.*** Gary Chapman was appointed as Chief Financial Officer of Navigator-MI in October 2023. Mr. Chapman joined Navigator from <strong>KNOT Offshore Partners LP</strong>, an NYSE-listed owner and operator of shuttle tankers, where from 2019 he served as both CEO and CFO. Prior to that, Gary was Chief Financial Officer of Biggin Hill Airport Ltd., a private business aviation airport in London, and served for 14 years as Finan …
    Navigator Gas plcKNOT Offshore Partners LP·F-4 - Registration statement (business combination, foreign issuer)·Q3 26·1 Sep
  • … Copenhagen and an MBA from the International Institute for Management Development, Lausanne. Gary Chapman. Mr. Chapman was appointed as Chief Financial Officer in October 2023. Mr. Chapman joined Navigator from <strong>KNOT Offshore Partners LP</strong>, an NYSE-listed owner and operator of shuttle tankers, where from 2019 he served as both CEO and CFO. Prior to that, Mr. Chapman was Chief Financial Officer of Biggin Hill Airport Ltd., a private business aviatio …
    Navigator Holdings Ltd.KNOT Offshore Partners LP·20-F - Annual report (foreign private issuer) FY 2025·FY25·12 Mar
  • #### Item C.1. Identification of investment. | | | | --- | --- | | a. Name of issuer (if any). | <strong>KNOT Offshore Partners LP</strong> | | b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. | 549300RM8O2QLS7ZQN07 | | c. Title of the issue or description of the investment. | KNOT Offshore Partners LP | | d. CUSIP (if any). | N/A | At least one of the following other identifiers: | …
    Corgi ETF Trust IKNOT Offshore Partners LP·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug
  • … .0% | | | | CH Robinson Worldwide, Inc. | 475 | 89,461 | | Costamare, Inc. | 1,957 | 27,437 | | Expeditors International of Washington, Inc. | 570 | 92,899 | | JB Hunt Transport Services, Inc. | 323 | 93,486 | | <strong>KNOT Offshore Partners LP</strong> | 2,451 | 24,461 | | Matson, Inc. | 342 | 65,743 | | | | 393,487 | | General Freight Trucking - 4.4% | | | | Old Dominion Freight Line, Inc. | 475 | 102,885 | | Industrial Services - 1.1% | | | | Fedex Freight Ho …
    Corgi ETF Trust IKNOT Offshore Partners LP·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug

Key Stats

Trading

Px/Chg 1D$10.59 / +1.15%
Avg Volume105.42K
Beta0.27
Mkt Cap356.46M
FD Mkt Cap362.69M

Float

Shrs Out/Float33.66M / 21.14M
Short Float0.01%
Days to Cover1.38
Stock Repurchased$0.00

Current Valuation

EV1.26B
EV/EBITDA5.39
EV/Sales3.29
P/B0.58
P/S0.93
FCF Yield9.23%
ROE0.43%
ROA0.16%
Current Ratio0.25

Dividend

Cash$0.05
Yield118.41%
Yield (TTM)118.41%

Estimates

P/E23.91
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Aug '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings11.403.00-7.0216.17-59.65104.50
Price / Sales1.950.660.830.733.863.68
Price / Book Value0.440.270.400.370.600.58
Price / Free Cash Flow5.011.811.871.678.8910.84
ENTERPRISE VALUE METRICS
Enterprise Value1,245.01,271.71,220.41,150.81,323.91,258.3
Enterprise Value / Sales7.874.734.203.6813.7213.00
Enterprise Value / EBITDA12.946.058.446.0422.3421.83
Enterprise Value / EBIT38.0212.3736.1814.4246.2580.88

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue6.7%281.1268.6290.7312.6364.4
Gross Income34.3%109.572.380.9200.5111.0
EBITDA5.1%183.0210.2144.6190.7223.3
EBIT5.6%83.4102.833.779.8103.6
Net Income-18.9%53.958.7-34.314.123.3
EPS (Diluted)-13.6%1.241.33-1.030.210.69
BALANCE SHEET
Cash & ST Inv9.3%62.347.663.966.989.0
Total Assets11.2%1,677.31,734.01,596.51,572.21,684.8
Total Liabilities1.5%1,004.31,081.7989.0961.01,063.9
Total Shareholder Equity-2%673.0652.2607.5611.1621.0
CASH FLOW
Net Operating Cash Flow-1.6%166.4100.9131.6137.1155.7
Cap Ex-60.5%-11.5-3.3-2.8-0.9-0.3
Free Cash Flow9.3%154.997.6128.9136.2155.5

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)10.26
Basic Shares33.66
Market Cap345.4
Diluted Shares33.91
Fully Diluted Shares Outstanding33.91
Fully Diluted Market Cap347.9
+Consolidated Debt903.2
−In-the-Money Convertible Debt—
+Capital Leases0.3
+Operating Leases—
−Cash & Equivalents-95.3
−Short-term Investments-
+Total Preferred84.3
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest9.6
+Pension Liabilities—
Enterprise Value1,247.2

Segment data

Revenue

by Products and services

  • Time Charter And Bareboat Revenues50%
  • Time Charter Revenues50%
  • Bareboat Revenues0%

Related companies

Royal Caribbean Cruises Ltd

RCL US

Viking Holdings Ltd

VIK US

Brookfield Infrastructure Partners L.P.

BIP US

Kirby Corp

KEX US

Matson, Inc.

MATX US

International Seaways, Inc.

INSW US

Golar Lng Ltd

GLNG US

Teekay Tankers Ltd.

TNK US

NORDIC AMERICAN TANKERS Ltd

NAT US

Flex LNG Ltd.

FLNG US

Costamare Bulkers Holdings Ltd

CMDB US

EuroDry Ltd.

EDRY US