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KNOP

KNOT Offshore Partners LP

https://www.knotoffshorepartners.com

Industry

Marine Shipping

KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.

Open

5.78

Mkt cap

194M

Volume

122K

High

5.78

P/E Ratio

-9.68

52-wk high

9.11

Low

5.57

Div yield

0.02

52-wk low

4.94

KNOT Offshore Partners LP (KNOP) held its Q3 2024 earnings conference call on December 5, 2024. The call featured company participants including CEO and CFO Derek Lowe, and various analysts from firms such as B. Riley and Alliance Global Partners.

Portfolio Pulse from

December 05, 2024 | 5:45 pm

The article highlights the performance of various energy stocks during Wednesday's after-market session. Notable gainers include Tellurian, KNOT Offshore Partners, and San Juan Basin Royalty, while Dorian LPG and Borr Drilling were among the losers.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 8:31 pm

Knot Offshore Partners (KNOP) aims to enhance long-term visibility through its charter contracts, improve liquidity, and leverage its market-leading position in the shuttle tanker market.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:32 pm

KNOT Offshore Partners (NYSE:KNOP) reported Q1 2024 earnings per share of $0.22, significantly beating the analyst consensus estimate of $(0.07). The company also reported quarterly sales of $76.632 million, surpassing the estimate of $69.885 million and marking a 7.66% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:28 pm

KNOT Offshore Partners (NYSE:KNOP) reported Q4 earnings with an EPS of $-0.16, missing estimates by -420.0% against an expected $0.05. Revenue increased by $1.42 million from the previous year. This contrasts with the previous quarter where KNOP beat EPS estimates by $0.44, leading to a 9.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:30 pm

KNOT Offshore Partners (NYSE:KNOP) reported a Q4 2023 GAAP EPS of $(0.16), a significant decrease from $0.18 YoY. However, their sales of $73.03M exceeded the $71.33M estimate, marking a 1.98% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:29 pm

Numerous companies are scheduled to report their earnings on February 26, 2024, covering a wide range of industries from energy to technology. Key reports include Kosmos Energy, Krystal Biotech, Li Auto, and Domino's Pizza, among others. The diversity of sectors represented suggests a comprehensive insight into the economic and business trends affecting these markets.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:47 am

KNOT Offshore Partners (NYSE:KNOP) is scheduled to release its quarterly earnings report on 2024-02-26, with analysts expecting an EPS of $0.05. The company's past performance shows a tendency to beat EPS estimates, which has previously led to positive stock price movements. Shares are currently trading at $5.5, down 12.44% over the last year. Investors will be keenly watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:02 pm

KNOT Offshore Partners (NYSE:KNOP) announced a dividend payout of $0.03 per share with an annualized yield of 1.73%. This marks a significant decrease from previous years, where dividends were as high as $0.52 per share. The company's earnings per share also declined from $1.97 in 2020 to $0.79 in 2023, indicating potential financial challenges. Okeanis Eco Tankers (NYSE:ECO) is mentioned for comparison, boasting the highest annualized dividend yield at 18.70% among industry peers.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:05 pm

KNOT Offshore Partners (NYSE:KNOP) has announced that shareholders as of Thursday's session close will be eligible for a quarterly dividend payout of 2.6 cents per share. The ex-dividend date is Friday, and the stock is expected to trade lower by the dividend amount. The dividend is scheduled to be paid on February 08, 2024.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 2:45 pm

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