KNOT Offshore Partners LP Stock News

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) The Partnership announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into agreements with our Sponsor, Knutsen NYK Offshore Tankers AS (“KNOT”), to simultaneously: acquire from KNOT the shuttle tanker, Live Knutsen (the “Live Knutsen Acquisition”); and sell to KNOT th...

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the 4th Quarter of 2024 before opening of the market on Thursday, March 20, 2025. The Partnership also plans to host a conference call on Thursday, March 20, 2025 at 9:30 AM (Eastern Time) to discuss the results for the 4th Quarter of 2024. All unitholders an...

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close o...

Leading shuttle tanker operator KNOT Offshore Partners reported mixed Q3/2024 with the company's bottom line impacted by derivative losses and inflationary pressures on operating expenses. A recent vessel swap with parent Knutsen NYK resulted in backlog and estimated average daily time charter rate increasing to new multi-year highs. However, a combination of heavy debt amortization requirement...

KNOT Offshore Partners LP (NYSE:KNOP ) Q3 2024 Earnings Conference Call December 5, 2024 9:30 AM ET Company Participants Derek Lowe - CEO and CFO Conference Call Participants Liam Burke - B. Riley Jim Altschul - Aviation Advisory Service Poe Fratt - Alliance Global Partners Pavel Oliva - RockHill Global Clement Mullins - Value Investor's Edge Fredrik Dybwad - Fearnley Securities Operator Good m...

ABERDEEN, Scotland--(BUSINESS WIRE)--Financial Highlights For the three months ended September 30, 2024 (“Q3 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $76.3 million, operating income of $17.2 million and net loss of $3.8 million. Generated Adjusted EBITDA1 of $45.1 million. Reported $77.2 million in available liquidity at Sept...

KNOT Offshore Partners faces significant debt maturities in 2025 and 2026. Despite generating free cash flow, KNOP is still likely to have a large shortfall that needs to be refinanced. Their dry dockings in 2025 and 2026 are likely to modestly weaken financial performance versus 2024.

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the 3rd Quarter of 2024 before opening of the market on Thursday, December 5, 2024. The Partnership also plans to host a conference call on Thursday, December 5, 2024 at 9:30 AM (Eastern Time) to discuss the results for the 3rd Quarter of 2024. All unitholder...