KNOP official logo KNOP
KNOP 1-star rating from Upturn Advisory
KNOT Offshore Partners LP (KNOP) company logo

KNOT Offshore Partners LP (KNOP)

KNOT Offshore Partners LP (KNOP) 1-star rating from Upturn Advisory
$9.96
Last Close (24-hour delay)
Profit since last BUY10.18%
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BUY since 26 days
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Upturn Advisory Summary

12/01/2025: KNOP (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $10.67

1 Year Target Price $10.67

Analysts Price Target For last 52 week
$10.67 Target price
52w Low $5.2
Current$9.96
52w High $10.23

Analysis of Past Performance

Type Stock
Historic Profit 27.7%
Avg. Invested days 28
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 346.58M USD
Price to earnings Ratio 12.72
1Y Target Price 10.67
Price to earnings Ratio 12.72
1Y Target Price 10.67
Volume (30-day avg) 3
Beta -0.14
52 Weeks Range 5.20 - 10.23
Updated Date 12/1/2025
52 Weeks Range 5.20 - 10.23
Updated Date 12/1/2025
Dividends yield (FY) 1.05%
Basic EPS (TTM) 0.78

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-20
When -
Estimate 0.2372
Actual -

Profitability

Profit Margin 10.2%
Operating Margin (TTM) 24.96%

Management Effectiveness

Return on Assets (TTM) 3.54%
Return on Equity (TTM) 5.57%

Valuation

Trailing PE 12.72
Forward PE 5.9
Enterprise Value 1198599617
Price to Sales(TTM) 1.04
Enterprise Value 1198599617
Price to Sales(TTM) 1.04
Enterprise Value to Revenue 3.54
Enterprise Value to EBITDA 5.79
Shares Outstanding 34045081
Shares Floating 22295185
Shares Outstanding 34045081
Shares Floating 22295185
Percent Insiders 28.84
Percent Institutions 28.97

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

KNOT Offshore Partners LP

KNOT Offshore Partners LP(KNOP) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

KNOT Offshore Partners LP (KNOP) was formed in 2013 by Knutsen NYK Offshore Tankers AS. It focuses on owning, operating, and acquiring shuttle tankers under long-term charters.

Company business area logo Core Business Areas

  • Shuttle Tanker Operations: Owns and operates shuttle tankers that transport crude oil from offshore oil fields to onshore terminals.

leadership logo Leadership and Structure

Gary Chapman serves as the Chief Executive Officer. The organizational structure is typical of a master limited partnership (MLP) with a general partner overseeing operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Shuttle Tanker Services: Provides shuttle tanker services under long-term charters, primarily in the North Sea and Brazil. Market share data is difficult to ascertain precisely, but KNOP is a significant player in its niche. Competitors include Teekay Shuttle Tankers and Altera Infrastructure.

Market Dynamics

industry overview logo Industry Overview

The shuttle tanker industry is driven by offshore oil production, particularly in harsh environments where pipelines are not feasible. The industry is sensitive to oil prices and production levels.

Positioning

KNOP is positioned as a provider of specialized shuttle tanker services with a focus on long-term contracts, providing stable revenue streams. Its competitive advantage lies in its operational expertise and relationships with major oil companies.

Total Addressable Market (TAM)

The global offshore oil and gas transportation market size was valued at USD 136.91 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. KNOT Offshore Partners LP is positioned with a concentration on Shuttle Tankers and not the entire market.

Upturn SWOT Analysis

Strengths

  • Long-term contracts providing stable revenue
  • Experienced management team
  • Modern fleet of shuttle tankers
  • Strong relationships with major oil companies

Weaknesses

  • Reliance on a small number of customers
  • High debt levels
  • Sensitivity to oil prices
  • MLP structure can complicate taxes

Opportunities

  • Expansion into new geographic markets
  • Acquisition of additional vessels
  • Increase in offshore oil production
  • Development of new technologies

Threats

  • Decline in offshore oil production
  • Increased competition
  • Regulatory changes
  • Vessel obsolescence

Competitors and Market Share

Key competitor logo Key Competitors

  • TK
  • ALIN

Competitive Landscape

KNOP benefits from its specialized fleet and long-term contracts but faces competition from larger players with more diversified operations. KNOP's disadvantage is being a smaller player in comparison with TK and ALIN.

Growth Trajectory and Initiatives

Historical Growth: Historical growth depends on vessel acquisitions and contract renewals.

Future Projections: Future growth is tied to offshore oil production and the demand for shuttle tankers.

Recent Initiatives: Recent initiatives focus on maintaining fleet utilization and securing new contracts.

Summary

KNOT Offshore Partners LP is a niche player in the shuttle tanker market, benefiting from long-term contracts. Its strengths lie in its modern fleet and experienced management, but it faces risks from high debt and oil price volatility. Future growth depends on offshore oil production and strategic acquisitions.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company reports, industry analysis, financial websites.

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions are highly dynamic and can change rapidly.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About KNOT Offshore Partners LP

Exchange NYSE
Headquaters -
IPO Launch date 2013-04-10
CEO & CFO Mr. Derek Lowe
Sector Energy
Industry Oil & Gas Midstream
Full time employees 1
Full time employees 1

KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. It provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.