KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP): Price and Financial Metrics


KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP)

Today's Latest Price: $14.99 USD

0.04 (-0.27%)

Updated Dec 3 12:36pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

KNOP Stock Summary

  • Of note is the ratio of KNOT Offshore Partners LP's sales and general administrative expense to its total operating expenses; just 3.49% of US stocks have a lower such ratio.
  • Revenue growth over the past 12 months for KNOT Offshore Partners LP comes in at 82.27%, a number that bests 93.51% of the US stocks we're tracking.
  • KNOT Offshore Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 33.34%, greater than the shareholder yield of 92.66% of stocks in our set.
  • Stocks that are quantitatively similar to KNOP, based on their financial statements, market capitalization, and price volatility, are GLOG, IDA, HEP, CMRE, and TRTN.
  • KNOP's SEC filings can be seen here. And to visit KNOT Offshore Partners LP's official web site, go to www.knotoffshorepartners.com.

KNOP Stock Price Chart Interactive Chart >

Price chart for KNOP

KNOP Price/Volume Stats

Current price $14.99 52-week high $20.97
Prev. close $15.03 52-week low $8.67
Day low $14.63 Volume 72,408
Day high $15.00 Avg. volume 182,828
50-day MA $13.42 Dividend yield 13.84%
200-day MA $13.47 Market Cap 490.08M

KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) Company Bio


KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. The company was founded in 2013 and is based in Aberdeen, the United Kingdom.

KNOP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$14.99$117.41 681%

Below please find a table outlining a discounted cash flow forecast for KNOP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that KNOT Offshore Partners LP ranked in the 83th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 685.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for KNOP, they are:

  • 33% of the company's capital comes from equity, which is greater than merely 11.54% of stocks in our cash flow based forecasting set.
  • KNOT Offshore Partners LP's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 24.31% of tickers in our DCF set.
  • As a business, KNOT Offshore Partners LP experienced a tax rate of about 0% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than just 18.14% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%666%
1%674%
2%681%
3%689%
4%697%
5%704%

ACY, FIX, TRTN, ACTG, and SPLP can be thought of as valuation peers to KNOP, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


KNOP Latest News Stream


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Latest KNOP News From Around the Web

Below are the latest news stories about KNOT Offshore Partners LP that investors may wish to consider to help them evaluate KNOP as an investment opportunity.

KNOT Offshore Partners: At A 65% Payout Ratio, The 16.7% Yield Remains Covered Even Without Windsor Knutsen

A few days ago, we covered Höegh LNG Partners (HMLP) and its well-covered 16% yield. As we mentioned in that analysis, double-digit-yielding stocks are more often than not quite risky investments, with various dangers surrounding sky-high distributions. However, sometimes, there are great companies, sufficiently covering the dividend, while growing their...

Nikolaos Sismanis on Seeking Alpha | September 30, 2020

KNOT Offshore Partners: Still Threading The Needle To Keep That Yield Flowing

Introduction Several months ago I highlighted a potential very high yielding investment opportunity for income hungry investors, KNOT Offshore Partners (KNOP), which still offers a distribution yield of around 16%. Since the original analysis found that they had little room for error, this article provides an update covering their performance...

Daniel Thurecht on Seeking Alpha | September 16, 2020

KNOT Offshore Partners LP Announces Second Quarter 2020 Earnings Results Conference Call

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") plans to release its financial results for the Second Quarter of 2020 before opening of the market on Thursday, August 27, 2020.

Yahoo | July 16, 2020

KNOT Offshore Partners LP Announces Second Quarter 2020 Cash Distribution

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership")

Yahoo | July 15, 2020

KNOT Offshore Partners LP Announces 2020 Annual Meeting

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") advises that its 2020 Annual Meeting will be held on August 28, 2020. The record date for voting at the Annual Meeting is set to July 24, 2020. The notice, agenda and associated material will be distributed prior to the meeting.

Yahoo | July 13, 2020

Read More 'KNOP' Stories Here

KNOP Price Returns

1-mo 18.78%
3-mo 25.45%
6-mo 2.16%
1-year -9.24%
3-year 4.30%
5-year 80.84%
YTD -13.18%
2019 22.90%
2018 -4.60%
2017 -3.78%
2016 96.69%
2015 -32.61%

KNOP Dividends

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Continue Researching KNOP

Here are a few links from around the web to help you further your research on KNOT Offshore Partners LP's stock as an investment opportunity:

KNOT Offshore Partners LP (KNOP) Stock Price | Nasdaq
KNOT Offshore Partners LP (KNOP) Stock Quote, History and News - Yahoo Finance
KNOT Offshore Partners LP (KNOP) Stock Price and Basic Information | MarketWatch


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