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) announced the termination of discussions with Knutsen NYK Offshore Tankers AS over an unsolicited non-binding buyout proposal received October 31, 2025. The Conflicts Committee, composed solely of non-KNOT-affiliated directors, had retained independent financial and legal advisors to evaluate the offer.
After several months of review and discussions, the parties concluded they could not reach an agreement and have ended negotiations regarding the proposed cash acquisition of all publicly held common units.
KNOT Offshore Partners LP (NYSE:KNOP) declared a quarterly cash distribution of US$0.026 per common unit for the quarter ended December 31, 2025. The distribution will be paid on February 5, 2026 to unitholders of record at the close of business on January 26, 2026. KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under primarily long-term charters in Brazil and the North Sea. The partnership is publicly traded but is classified as a corporation for U.S. federal tax purposes and issues a Form 1099 to unitholders. The announcement includes standard forward-looking statements and references the company’s Annual Report on Form 20-F for risk factors.
KNOT Offshore Partners LP (NYSE:KNOP) convened its adjourned 2025 Annual Meeting of Limited Partners on January 5, 2026 but the meeting failed to reach the requisite quorum.
Because the record date for voting was November 6, 2025 and time has passed since that date, the Partnership will set a new record date and reschedule the meeting. Notice of the rescheduled meeting and proxy materials will be provided to unitholders of record as of the new record date when available.
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in Brazil and the North Sea; its common units trade under the symbol KNOP. The partnership is classified as a corporation for U.S. tax purposes and issues Form 1099 to unitholders.
KNOT Offshore Partners (NYSE:KNOP) adjourned its 2025 Annual Meeting due to a lack of quorum. The meeting is rescheduled for 3:00 PM UK time on January 5, 2026 at Floor 19, 1 Cabot Square, Canary Wharf, London E14 4QJ.
The record date for voting remains November 6, 2025. There are no changes to the proposals to be voted on and the Partnership's proxy materials filed with the SEC remain unchanged. Unitholders who already voted do not need to vote again; unitholders of record who have not voted are urged to vote using their original proxy card. For voting assistance contact proxy solicitor D.F. King at (800) 331-7024.
KNOT Offshore Partners owns, operates and acquires shuttle tankers under long-term charters and trades under the symbol KNOP.
KNOT Offshore Partners LP (NYSE:KNOP) announced that its 2025 Annual Meeting of limited partners was adjourned for lack of quorum and will reconvene at 3 P.M. UK time on December 22, 2025 at Floor 19, 1 Cabot Square, Canary Wharf, London E14 4QJ.
The record date for voting remains November 6, 2025. No changes were made to the proposals or proxy materials. Unitholders who already voted need not vote again; those who have not are urged to vote using their original proxy card. Contact D.F. King at (800) 331-7024 for voting assistance.
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.