KNOT Offshore Partners LP KNOP
- Market cap
- $369.4M
- P/E
- 24.1×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.68 | 19.15 | 17.18 | 17.52 | 8.67 | 12.34 | 8.93 | 4.28 | 4.94 | 5.29 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 23.95 | 24.67 | 22.75 | 20.53 | 20.97 | 20.34 | 18.85 | 10.69 | 9.11 | 10.99 |
High Price
|
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| 290 | 481 | 502 | 534 | 640 | 640 | 694 | 837 | 874 | 815 |
Employees
|
|||
| 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 174 | 219 | 279 | 283 | 279 | 281 | 269 | 291 | 319 | 364 |
Revenue
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|||
| 82.21% | 78.69% | 79.70% | 78.72% | 78.15% | 74.35% | 66.92% | 65.99% | 64.81% | 63.29% |
Gross Margin
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| 61 | 68 | 82 | 59 | 65 | 54 | 60 | (39) | 15 | 24 |
EBT
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| 35.17% | 31.04% | 29.40% | 20.87% | 23.36% | 19.34% | 22.17% | (13.39%) | 4.61% | 6.70% |
EBT Margin
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| 61 | 68 | 82 | 59 | 65 | 54 | 59 | (34) | 14 | 23 |
Net Income
|
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| 54 | 71 | 90 | 92 | 91 | 102 | 109 | 112 | 113 | 115 |
Depreciation
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|||
| 7.26 | 7.29 | 8.55 | 8.64 | 8.54 | 8.51 | 7.93 | 8.54 | 9.36 | 10.74 |
Revenue/Sh
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| 2.55 | 2.26 | 2.51 | 1.80 | 2.00 | 1.62 | 1.73 | (1.01) | 0.41 | 0.69 |
Earnings/Sh
|
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| 4.53 | 5.14 | 4.55 | 5.07 | 5.18 | 5.04 | 2.98 | 3.87 | 4.03 | 4.59 |
Cash Flow/Sh
|
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| (0.04) | (0.03) | 0.00 | 0.00 | (0.01) | (0.35) | (0.10) | (0.08) | (0.01) | 0.02 |
Capex/Sh
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| 4.50 | 5.11 | 4.54 | 5.07 | 5.17 | 4.69 | 2.88 | 3.79 | 4.02 | 4.61 |
Free CF/Sh
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| 21.81 | 24.25 | 22.39 | 21.77 | 21.34 | 20.36 | 19.25 | 17.84 | 17.95 | 18.31 |
Book Value/Sh
|
|||
| 24 | 30 | 33 | 33 | 33 | 33 | 34 | 34 | 34 | 34 |
Shares
|
|||
| 9.76 | 9.47 | 7.14 | 11.01 | 7.57 | 8.56 | 5.54 | 0.00 | 13.29 | 15.22 |
PE Ratio
|
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| 3.37 | 2.94 | 2.10 | 2.29 | 1.76 | 1.57 | 1.21 | 0.71 | 0.58 | 0.96 |
PS Ratio
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| 1.12 | 1.01 | 0.91 | 1.04 | 0.81 | 0.75 | 0.57 | 0.39 | 0.35 | 0.65 |
PB Ratio
|
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| 7.49 | 7.40 | 5.79 | 5.66 | 5.27 | 4.79 | 4.96 | 3.78 | 3.21 | 3.34 |
EV/Sales
|
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| 12.08 | 10.55 | 10.93 | 9.70 | 8.70 | 8.69 | 14.50 | 8.53 | 7.48 | 7.78 |
EV/FCF
|
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| 108 | 155 | 149 | 166 | 169 | 166 | 101 | 132 | 137 | 156 |
Op' Cash Flow
|
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| (1) | (1) | 0 | — | 0 | (12) | (3) | (3) | 0 | 1 |
Capex
|
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| 108 | 154 | 149 | 166 | 169 | 155 | 98 | 129 | 137 | 156 |
FCF
|
|||
| (47) | (67) | (76) | (51) | (147) | (42) | (304) | (38) | (192) | (315) |
Working Cap'
|
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| 742 | 1,027 | 1,077 | 995 | 1,030 | 967 | 1,056 | 957 | 905 | 955 |
Total Debt
|
|||
| 714 | 979 | 1,031 | 952 | 978 | 905 | 1,009 | 893 | 838 | 866 |
Net Debt
|
|||
| 522 | 729 | 732 | 712 | 698 | 673 | 652 | 607 | 611 | 621 |
Sh' Equity
|
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| 4.36% | 4.00% | 4.05% | 2.84% | 3.24% | 2.67% | 2.99% | (2.42%) | 0.45% | 0.99% |
ROA
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| 4.16% | 3.49% | 4.56% | 4.80% | 4.59% | 2.91% | 2.49% | 1.05% | 3.11% | 3.50% |
ROIC
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| 10.51% | 10.61% | 11.47% | 8.03% | 9.26% | 7.70% | 8.80% | (7.40%) | 1.36% | 3.04% |
ROE
|
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KNOT Offshore Partners LP peers in Oil & Gas Midstream
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BROGF Brooge Energy Limited | $284.9M | 0.0× | Compare |
| IMPP Imperial Petroleum Inc. | $232.2M | 2.5× | Compare |
| SMC Summit Midstream Partners, LP | $631.8M | 0.0× | Compare |
| TORO Toro Corp. | $184.6M | 131× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DLNG Dynagas LNG Partners LP | $129.5M | 2.1× | Compare |
| SBR Sabine Royalty Trust | $1.1B | 14.7× | Compare |
| TK Teekay Corporation Ltd. | $1.2B | 9.4× | Compare |
| TEN Tsakos Energy Navigation Ltd | $1.4B | 7.5× | Compare |
KNOT Offshore Partners LP (KNOP) key facts
- KNOT Offshore Partners LP (KNOP) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
- KNOT Offshore Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $364.4 million, up 14.4% from fiscal 2024.
- As of September 25, 2026, KNOP traded at $10.56, a market capitalization of $369.4 million.
- Return on equity was 3.04% and debt-to-equity 1.45.
KNOT Offshore Partners LP (KNOP) Latest News
25 Sep
KNOP Offshore Partners LP (KNOP) carries a Zacks Rank #2 (Buy) and an A Value score, signaling potential undervaluation. The price-to-sales ratio is 0.94, well below the industry average of 1.98. The price-to-cash-flow ratio stands at 2.42, far under the 7.20 industry median, suggesting a solid cash outlook. The piece notes KNOP's earnings outlook supports its value case. Nippon Yusen Kabushiki Kaisha (NPNYY) is cited as a comparable with a similar Buy rank and A Value grade; its P/B is 0.81 versus 2.24 for its industry. In the past year, KNOP's P/CF has ranged from 1.43 to 2.42, with a median of 1.85. Overall, KNOP is portrayed as undervalued today amid a strong earnings outlook, alongside NPNYY. Valuation metrics below peers and a Buy rating indicate moderate potential upside and sentiment shift.
9 Sep
KNOT Offshore Partners LP (KNOP) released its Q2 2026 earnings call transcript. Q2 2026 earnings results and outlook can moderately shift KNOP financial perception and near-term trading.
4 Sep
KNOT Offshore Partners LP announced a distribution boost in Q2 2026 earnings call highlights. Distribution boost signals improved cash returns likely to lift near-term investor sentiment and unit price.
KNOT Offshore Partners LP held its Q2 2026 earnings call covering financial results, fleet operations, contract coverage, and distribution outlook for the shuttle tanker business. Q2 2026 results and guidance will affect near-term investor views on KNOP cash flow and distributions.
KNOT Offshore Partners LP discussed Q2 financial results, revenues, net income, fleet utilization rates, contract coverage and distribution outlook during its earnings call. Q2 earnings updates provide moderate insight into financial performance and contract status that can influence near-term market views.
3 Sep
KNOT Offshore Partners LP released interim earnings results for the period ended June 30, 2026. Interim earnings provide financial metrics that can moderately shift perceptions of performance and outlook.
26 Aug
KNOT Offshore Partners LP acquires Hedda Knutsen and completes $225 million loan refinancing. Fleet expansion and large-scale refinancing strengthen operational capacity and balance sheet.
29 May
KNOP held its Q1 2026 earnings call, addressing revenue performance and operational navigation amid sector conditions. Q1 earnings call details can shift near-term sentiment and guidance expectations for KNOP.
KNOT Offshore Partners LP held Q1 2026 earnings call covering financial results and operations. Quarterly earnings call delivers financial updates that moderately influence short-term stock sentiment and valuation.
KNOT Offshore Partners LP held its Q1 earnings call, covering financial results, fleet utilization, contract updates and distribution outlook. Quarterly earnings details can shift near-term sentiment and valuation but rarely alter the partnership's fundamental long-term course.
28 May
KNOT Offshore Partners LP released interim financial results for the period ended March 31, 2026. Quarterly earnings releases deliver financial metrics that can shift near-term investor views and valuation.
26 Mar
KNOT Offshore Partners LP released Q4 2025 earnings call summary detailing financial results, operational updates, and future outlook for the shuttle tanker operator. Q4 earnings call summary delivers key financial metrics and guidance directly shaping KNOP's valuation and market trajectory.
KNOT Offshore Partners LP (KNOP) Q4 earnings call highlights recent financial results, operational performance, contract updates, and forward guidance. Q4 earnings call highlights provide insights into financial performance and outlook with moderate influence on investor sentiment.
25 Mar
KNOT Offshore Partners LP (KNOP) released Q4 earnings snapshot detailing financial results for the quarter. Q4 earnings snapshot reveals key financial metrics directly impacting KNOP's valuation and investor sentiment.
KNOT Offshore Partners LP released interim earnings results for the period ended December 31, 2025. Interim earnings releases provide critical financial data that can significantly sway KNOP's stock performance and investor outlook.
19 Mar
KNOT Offshore Partners LP announces termination of discussions on proposed buyout offer from Knutsen NYK Offshore Tankers AS. Termination of buyout discussions eliminates potential acquisition premium, significantly impacting investor sentiment and stock performance.
29 Jan
KNOT Offshore Partners LP (KNOP) is highlighted as a strong momentum pick due to its solid financial performance and strategic positioning in the offshore oil and gas sector. The company has shown resilience in a challenging market, benefiting from long-term contracts and a diversified fleet. Analysts suggest that KNOP's growth potential and attractive dividend yield make it an appealing choice for investors seeking momentum stocks. The overall outlook for the company remains positive, driven by increasing demand for offshore services and a favorable market environment. KNOT Offshore's strategic positioning and financial performance indicate significant potential for future growth and investor interest.
KNOT Offshore Partners LP (KNOP) is being evaluated for its potential as a value investment. Analysts are considering factors such as the company's financial health, dividend yield, and market position. The current market conditions and the company's operational performance are also under scrutiny, with discussions on whether the stock is undervalued or if there are risks that could affect future growth. Investors are encouraged to weigh these elements before making investment decisions. The evaluation of KNOT Offshore Partners' financial health and market position indicates a moderately noticeable influence on its future performance.
27 Jan
KNOT Offshore Partners LP (KNOP) is experiencing a shift in market sentiment as analysts adjust their price targets. Recent developments indicate a potential for improved financial performance and investor interest, driven by strategic initiatives and market dynamics. The changes in price targets reflect a growing optimism about the company's future prospects, suggesting that KNOT Offshore Partners may be better positioned in the competitive landscape. Analyst adjustments in price targets indicate significant shifts in market sentiment and potential strategic moves that could impact future performance.
20 Jan
KNOT Offshore Partners LP (KNOP) has been identified as a strong buy stock for January 20th, reflecting positive market sentiment and potential for growth. The company is positioned well within its sector, suggesting favorable conditions for investors looking for opportunities in the offshore energy market. The identification of KNOP as a strong buy indicates significant investor interest and potential for future performance improvements.
14 Jan
KNOT Offshore Partners LP (KNOP) has reached a new high in its stock price, prompting discussions about its future potential. Analysts are evaluating whether the upward trend can continue, considering market conditions and the company's operational strategies. Investors are keen to understand if there is still room for growth amid the current market dynamics. The stock's recent performance indicates a moderately noticeable influence on market sentiment and potential financial performance.
13 Jan
KNOT Offshore Partners LP (KNOP) has been identified as a strong buy stock for January 13th, reflecting positive market sentiment and potential for growth. The company is positioned well within its sector, suggesting favorable conditions for investors looking for opportunities in the offshore shipping industry. Positive market sentiment and strong buy recommendations indicate significant potential for future performance.
KNOT Offshore Partners LP (KNOP) has been identified as one of the best momentum stocks to buy as of January 13. The company is noted for its strong performance and potential for growth in the current market environment, attracting investor interest. Analysts highlight its favorable positioning within the offshore shipping sector, which may benefit from increasing demand and favorable market conditions. KNOT Offshore Partners LP is positioned to benefit from favorable market conditions, but the overall impact on its trajectory is expected to be limited.
KNOT Offshore Partners LP (KNOP) is currently perceived as undervalued by investors, with analysts suggesting that the company's fundamentals may not be fully reflected in its stock price. Factors contributing to this sentiment include the company's stable cash flows, strategic partnerships, and potential for growth in the offshore oil and gas sector. Market conditions and investor sentiment are also influencing perceptions of value, leading to discussions about the company's future performance and investment potential. The company's fundamentals and market conditions suggest a moderately noticeable influence on its future performance.
KNOT Offshore Partners LP (KNOP) is highlighted as a top value stock to consider for investment as of January 13. The company is noted for its strong financial performance and potential for growth, making it an attractive option for value-focused investors. Analysts suggest that KNOP's fundamentals and market positioning could lead to favorable returns in the near future. KNOT Offshore Partners LP shows moderate potential for influencing financial performance and market sentiment.
8 Jan
KNOT Offshore Partners LP (KNOP) has been upgraded to a 'Strong Buy' rating due to positive developments in its financial performance and market positioning. Analysts highlight the company's robust cash flow generation and strategic initiatives that are expected to enhance its competitive edge. The upgrade reflects growing investor confidence in KNOP's ability to navigate market challenges and capitalize on opportunities in the offshore oil and gas sector. The upgrade to 'Strong Buy' indicates significant investor confidence in KNOP's future performance and strategic initiatives.
KNOT Offshore Partners LP (KNOP) has been identified as a strong buy stock for January 8th, reflecting positive market sentiment and potential for growth. Analysts highlight the company's solid fundamentals and favorable market conditions, suggesting that it may outperform its peers in the near term. Investors are encouraged to consider KNOP as a viable option for their portfolios, given its promising outlook. The identification of KNOP as a strong buy indicates significant potential for future performance and investor interest.
KNOT Offshore Partners LP (KNOP) is highlighted as a momentum stock to consider for investment on January 8th. The company has shown strong performance metrics, making it an attractive option for investors looking for stocks with upward momentum. Analysts suggest that KNOP's operational efficiency and market positioning contribute to its favorable outlook in the current market environment. KNOT Offshore Partners LP's operational efficiency and market positioning may moderately influence its financial performance and investor sentiment.
KNOT Offshore Partners LP (KNOP) is highlighted as one of the best value stocks to consider for investment on January 8th. The company is recognized for its strong fundamentals and attractive valuation metrics, making it a compelling option for investors seeking value opportunities in the current market environment. KNOT Offshore Partners LP's recognition as a value stock suggests a moderately noticeable influence on its market performance.
7 Jan
KNOT Offshore Partners LP has announced a cash distribution for the fourth quarter of 2025, reflecting the company's ongoing commitment to returning value to its unitholders. The distribution amount and payment details were outlined, indicating a stable financial position and operational performance. This announcement is part of the company's regular distribution schedule, which aims to maintain investor confidence and support its market presence. The cash distribution announcement indicates stable financial performance, but it is a routine update that does not significantly alter the company's trajectory.