Knot Offshore Partners Lp Stock Price, News & Analysis

KNOT Offshore Partners (NYSE:KNOP) reported strong Q2 2025 financial results with total revenues of $87.1 million, operating income of $22.2 million, and net income of $6.8 million. The fleet maintained 100% utilization for scheduled operations and 96.8% including drydockings.

Key developments include the $95 million acquisition of the Daqing Knutsen, implementation of a $10 million buyback program, and multiple charter extensions with major clients including Shell, Repsol Sinopec, and Equinor. The Partnership secured 100% charter coverage for H2 2025 and 89% for 2026.

The company's financial position shows $104.8 million in available liquidity, including $66.3 million in cash and $38.5 million in undrawn credit facilities. Total interest-bearing obligations stood at $918.6 million as of June 30, 2025.

KNOT Offshore Partners LP (NYSE:KNOP) has scheduled its 2nd Quarter 2025 earnings release and conference call. The financial results will be released before market opening on September 26, 2025, followed by a conference call at 9:30 AM ET the same day.

Investors can participate via webcast through the company's website or by dialing specific numbers for US (1-833-470-1428), Canada (1-833-950-0062), or international (+1-404-975-4839) using access code 975064. The earnings presentation will be available on the company's website before the call, and a recording will be accessible until October 3, 2025.

KNOT Offshore Partners (NYSE:KNOP) has announced multiple strategic initiatives including fleet expansion, refinancing, and a unit buyback program. The Partnership will acquire the 2022-built DP2 Suezmax shuttle tanker Daqing Knutsen for $95 million (net cost ~$24.8M after debt), which is chartered to PetroChina through July 2027 with guaranteed rates until 2032.

Additionally, KNOP is implementing a $10 million common unit buyback program and executing a sale & leaseback of the Tove Knutsen vessel, expected to generate approximately $32 million in proceeds. The Partnership maintained its quarterly distribution at $0.026 per common unit for Q2 2025.

The company reported strong operational updates, including Repsol Sinopec's three-year charter extension for Raquel Knutsen and approximately $104 million in available liquidity as of June 30, 2025.

KNOT Offshore Partners LP (NYSE:KNOP) reported strong Q1 2025 financial results with total revenues of $84.0 million, operating income of $23.4 million, and net income of $7.6 million. The fleet achieved 96.9% utilization for scheduled operations. The Partnership declared a quarterly cash distribution of $0.026 per common unit and $1.7 million to Series A Preferred Units holders. Key highlights include new charter agreements with Shell and Equinor, vessel swap transaction involving Live Knutsen and Dan Sabia, and strong liquidity position of $100.8 million. The company secured approximately 96% charter coverage for remaining 2025 and 75% for 2026. Management expressed optimism about market conditions, particularly in Brazil, citing increasing charter rates and robust demand from offshore oil production growth.

KNOT Offshore Partners LP (NYSE: KNOP) has announced its upcoming Q1 2025 earnings conference call scheduled for Wednesday, May 21, 2025. The financial results will be released before market opening, followed by a conference call at 9:30 AM Eastern Time.

Investors can participate through multiple channels: via webcast on the company's website (www.knotoffshorepartners.com), or by dialing 1-833-470-1428 (US), 1-833-950-0062 (Canada), or +1-404-975-4839 (international) using access code 259019. The earnings presentation will be available on the company's website before the call, and a recording will be accessible until May 28, 2025.

KNOT Offshore Partners LP operates shuttle tankers in Brazil and North Sea's offshore oil production regions, structured as a publicly traded master partnership but classified as a for U.S. tax purposes.

KNOT Offshore Partners LP (NYSE:KNOP) has announced its quarterly cash distribution for Q1 2025. The Partnership will distribute US$ 0.026 per common unit to unitholders of record as of April 28, 2025, with payment scheduled for May 8, 2025.

The company, which owns and operates shuttle tankers in Brazil and the North Sea's offshore oil production regions, primarily under long-term charters, emphasizes that accretive fleet investment and sustainable distribution remain key components of its strategy and value proposition. Though structured as a publicly traded master partnership, KNOP is classified as a for U.S. federal income tax purposes, issuing Form 1099 to unitholders instead of Form K-1.

KNOT Offshore Partners LP (NYSE: KNOP) has announced a change to its Board of Directors. Masami Okubo will replace Yasuhiro Fukuda on the Partnership's Board, effective April 1, 2025. Both individuals are employees of Nippon Yusen Kabushiki Kaisha (NYK).

Okubo brings significant experience to the role, currently serving as Managing Director of NYK Energy Transport (Atlantic) in London. His previous positions include Senior General Manager of NYK's LNG Group (April 2024-March 2025), General Manager (2022-2024), and Manager of NYK's Offshore Business Group (2016-2022). He joined NYK in 1999 and is a graduate of the University of Kyoto.

KNOT Offshore Partners operates shuttle tankers under long-term charters in Brazil and the North Sea's offshore oil production regions. The Partnership trades on NYSE as 'KNOP' and is structured as a publicly traded master partnership but classified as a for U.S. federal income tax purposes.

KNOT Offshore Partners LP (NYSE: KNOP) has announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2024 with the SEC. The report is accessible through the Partnership's website under the 'Investors' section or directly on the SEC website.

The Partnership, which specializes in owning and operating shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea, is structured as a publicly traded master partnership but is classified as a for U.S. federal income tax purposes, issuing Form 1099 to unitholders instead of Form K-1.

KNOT Offshore Partners reported strong Q4 2024 financial results with total revenues of $91.3 million (including $5.9M insurance proceeds), operating income of $34.7 million, and net income of $23.3 million. The fleet maintained a high utilization rate of 98.3%.

The Partnership declared a quarterly cash distribution of $0.026 per common unit and $1.7 million for Series A Preferred Units holders. Available liquidity stood at $90.4 million, including $66.9M in cash and $23.5M in undrawn credit facility.

Several vessels secured new charters or extensions: Ingrid Knutsen (2-year with Eni), Hilda Knutsen (1-year with oil major), Torill Knutsen (3-year with Eni), Carmen Knutsen (1-year extension with Repsol), and Brasil Knutsen (new 2-year charter with Equinor starting Q3 2025). The Partnership has secured over 94% charter coverage for 2025 and 75% for 2026.