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 (NYSE:KNOP) reported Q3 2025 results with revenues of $96.9 million, Adjusted EBITDA of $61.6 million and net income of $15.1 million. Fleet utilization was 99.87% for scheduled operations (96.49% including a drydock). Available liquidity was $125.2 million (cash $77.2m plus $48.0m undrawn revolver capacity). The Partnership closed the $95 million acquisition of Daqing Knutsen (chartered to PetroChina through July 2027) and completed a $100 million sale-and-leaseback of Tove Knutsen realizing ~$32 million net proceeds.
The Board received an unsolicited non-binding $10 per unit offer from KNOT; the Conflicts Committee is evaluating the proposal alongside recent refinancings and charter extensions.
KNOT Offshore Partners LP (NYSE:KNOP) will release its 3rd Quarter 2025 financial results before market open on Friday, December 5, 2025.
The Partnership will host a conference call the same day at 9:30 AM Eastern Time with a live webcast and replay available at www.knotoffshorepartners.com. The 3rd Quarter 2025 earnings presentation will be posted on the website prior to the call.
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in Brazil and the North Sea and is structured as a publicly traded master limited partnership that is classified as a corporation for U.S. federal income tax purposes (issues Form 1099 to unitholders). Contact: Derek Lowe, CEO and CFO; ir@knotoffshorepartners.com; +44 1224 618 420.
KNOT Offshore Partners LP (NYSE: KNOP) said its Board received an unsolicited, non-binding proposal dated Oct 31, 2025 from Knutsen NYK Offshore Tankers AS to acquire all publicly held common units for $10 cash per unit.
The offer would be implemented via a merger into a KNOT subsidiary and is subject to approval by the KNOP Conflicts Committee, the KNOP Board, the KNOT board and a unit-holder vote (majority of common, Class B and preferred units on an as-if-converted basis), plus customary closing conditions. The Conflicts Committee will retain advisors to evaluate the proposal. There is no assurance a transaction will be completed.
KNOT Offshore Partners LP (NYSE:KNOP) announced its 2025 Annual Meeting will be held on December 15, 2025 at 4:00 pm UK time in Aberdeen, with a record date of November 6, 2025. Meeting notice, agenda and materials will be distributed in advance.
The Board nominated Pernille Østensjø to serve as an Independent Director, subject to unitholder approval at the Annual Meeting. Ms. Østensjø is a senior advisor at NORAD with prior roles in investment analysis, export finance, banking and maritime finance. The Board also noted that Hans Petter Aas intends to retire upon expiry of his current term.
KNOT Offshore Partners LP (NYSE:KNOP) declared a quarterly cash distribution of US$0.026 per common unit for the quarter ended September 30, 2025.
The distribution is payable on November 6, 2025 to unitholders of record as of the close of business on October 27, 2025. The Partnership reiterated its strategy of investing in the fleet and targeting a long-term, sustainable distribution while operating shuttle tankers primarily under long-term charters in Brazil and the North Sea.
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) 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.