Welcome to our dedicated page for KNOT OFFSHORE PARTNERS LP news (Ticker: KNOP), a resource for investors and traders seeking the latest updates and insights on KNOT OFFSHORE PARTNERS LP stock.
KNOT Offshore Partners LP reports developments tied to its shuttle tanker fleet, which it owns, operates and acquires primarily under long-term charters in offshore oil production regions of Brazil and the North Sea. News commonly covers interim results, vessel utilization, credit facilities, cash distributions on common and preferred units, and the availability of annual Form 20-F reports.
Company updates also address limited-partner meeting and proxy matters, board capital-allocation actions such as unit buyback authorization, and governance processes involving proposals affecting the Partnership’s public common units. KNOP is a publicly traded master limited partnership whose common units trade on the NYSE and whose U.S. tax reporting is on Form 1099 rather than Schedule K-1.
KNOT Offshore Partners LP (NYSE:KNOP) has announced a quarterly cash distribution of $0.52 per unit for the quarter ending September 30, 2020. This equates to an annualized distribution of $2.08 per unit. The payment will be made on November 13, 2020 to all unitholders on record by October 30, 2020. KNOT Offshore operates shuttle tankers under long-term charters in offshore oil production areas of the North Sea and Brazil, structured as a publicly traded master limited partnership.