KNOT Offshore Partners LP (KNOP) vs Summit Midstream Partners, LP (SMC)
- KNOT Offshore Partners LP KNOP 9.90 +1.33%
- Summit Midstream Partners, LP SMC 30.70 +2.40%
KNOT Offshore Partners LP and Summit Midstream Partners, LP are both Oil & Gas Midstream companies. Summit Midstream Partners, LP is the larger, with a market value of $608.8M against $337.6M — 1.8× the size. Summit Midstream Partners, LP has negative trailing earnings, so its P/E is not meaningful; KNOT Offshore Partners LP trades at 22.5×. Summit Midstream Partners, LP grew revenue faster over the last twelve months: 20.9% against 12.9%. KNOT Offshore Partners LP has the higher net margin (2.04% vs −2.29%) and the higher return on invested capital (3.03% vs 2.59%). Across the 21 metrics below, KNOT Offshore Partners LP leads on 12 and Summit Midstream Partners, LP on 9.
Valuation
Profitability
| Metric | KNOP | SMC | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 63.67% | 45.03% | 56.58% |
| Operating margin | 18.13% | 15.10% | 34.18% |
| Net margin | 2.04% | (2.29%) | 22.50% |
| Free cash flow margin | 40.24% | 7.69% | 13.70% |
| Return on equity | 1.46% | (1.57%) | 14.65% |
| Return on assets | 0.48% | (0.55%) | 5.00% |
| Return on invested capital | 3.03% | 2.59% | 6.13% |
Growth
Health
Dividend
Size
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