KNOT Offshore Partners LP owns and (KNOP) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
KNOT Offshore Partners LP owns and (KNOP) trades at $10.60 with AI Score 54/100 (Grade B). KNOT Offshore Partners LP specializes in owning and operating shuttle tankers, primarily in the North Sea and Brazil. Market cap: $357M, Sector: Industrials.
Price as of Aug 20, 2026 · Last analyzed: May 9, 2026Analyst Coverage for KNOP: KNOP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KNOP against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
KNOP: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
KNOT Offshore Partners LP owns and (KNOP) Industrial Operations Profile
KNOT Offshore Partners LP, established in 2013, operates a fleet of shuttle tankers, providing crucial crude oil transportation and storage services in the North Sea and Brazil. The company focuses on long-term charters, ensuring stable revenue streams in the marine shipping industry.
What Is the Investment Thesis for KNOP?
KNOT Offshore Partners LP presents a focused investment opportunity within the marine shipping sector, specifically in shuttle tanker operations. With a P/E ratio of 19.0 and a dividend yield of 1.16%, the company offers a blend of value and income. The company's long-term charters provide revenue visibility, mitigating some of the volatility associated with the shipping industry. A key growth catalyst is the potential for increased offshore oil production in the North Sea and Brazil, driving demand for shuttle tanker services. However, investors should be aware of risks such as fluctuations in oil prices and the cyclical nature of the shipping industry. The company's beta of -0.13 suggests a low correlation with the broader market, potentially offering diversification benefits. The company's ability to maintain high utilization rates and secure new long-term charters will be critical for future growth.
Based on FMP financials and quantitative analysis
KNOP Key Highlights
Market capitalization of $357M, reflecting the company's size and market value within the marine shipping industry.
- P/E ratio of 19.0, suggesting a potentially reasonable valuation compared to earnings.
- Profit margin of 6.4%, indicating the company's ability to generate profit from its revenue.
- Gross margin of 38.3%, reflecting the efficiency of the company's operations in providing shuttle tanker services.
- Dividend yield of 1.16%, offering a modest income stream for investors.
Who Are KNOP's Competitors?
KNOP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SHIP Seanergy Maritime Holdings Corp. | $16.89 | -0.65% | $357M | 50 |
| GASS StealthGas Inc. | $9.69 | +1.04% | $360M | 54 |
| DSX Diana Shipping Inc. | $2.65 | +0.19% | $327M | 54 |
| PANL Pangaea Logistics Solutions, Ltd. | $7.82 | +0.77% | $512M | 64 |
| ESEA Euroseas Ltd. | $75.91 | +1.82% | $536M | 59 |
| ESEAV Euroseas Ltd. Ex-Distribution When Issued | $27.85 | +7.12% | $195M | 51 |
| AGMJF Algoma Central Corporation | $17.16 | +0.00% | $696M | 51 |
| ASC Ardmore Shipping Corporation | $18.26 | -0.71% | $745M | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are KNOP's Key Strengths?
Specialized fleet of shuttle tankers.
- Long-term charters providing stable revenue.
- Operational expertise in key regions.
- Strong relationships with major oil companies.
What Are KNOP's Weaknesses?
Concentration of operations in the North Sea and Brazil.
- Dependence on the offshore oil industry.
- Relatively small size compared to larger shipping companies.
- Limited diversification of services.
What Could Drive KNOP Stock Higher?
High utilization rates of the existing shuttle tanker fleet, driving consistent revenue generation.
- Renewal of existing long-term charters at favorable rates, ensuring continued revenue visibility.
- Potential increase in offshore oil production in the North Sea and Brazil, boosting demand for shuttle tanker services.
- Acquisition of new shuttle tankers to expand fleet capacity and service offerings.
What Are the Key Risks for KNOP?
Financial-distress signal — its Altman Z-Score of 0.32 sits in the distress zone (elevated bankruptcy risk).
- Fluctuations in global oil prices, impacting demand for offshore oil production and shuttle tanker services.
- Cyclical nature of the shipping industry, leading to periods of lower charter rates and reduced profitability.
- Increased competition from other shipping companies, potentially impacting market share and pricing.
- Changes in environmental regulations, requiring investments in new technologies and operational practices.
What Are the Growth Opportunities for KNOP?
- Expansion into New Geographical Markets: KNOT Offshore Partners LP could explore opportunities to expand its operations into other regions with significant offshore oil production, such as the Gulf of Mexico or West Africa. This geographic diversification could reduce the company's reliance on the North Sea and Brazil and open up new revenue streams. The market size for shuttle tanker services in these regions is substantial, with potential for long-term growth as offshore oil exploration and production continue. Timeline: 3-5 years.
- Acquisition of Additional Shuttle Tankers: The company can grow by acquiring additional shuttle tankers to expand its fleet capacity. This would allow KNOT Offshore Partners to take on more contracts and increase its overall revenue. The market for shuttle tankers is competitive, but strategic acquisitions can provide a significant boost to the company's operations. Timeline: 1-3 years.
- Securing New Long-Term Charters: Securing new long-term charters with oil producers is crucial for KNOT Offshore Partners' growth. These charters provide stable and predictable revenue streams, reducing the company's exposure to short-term fluctuations in the market. The company's reputation for reliable service and its fleet of modern shuttle tankers can give it a competitive advantage in securing these charters. Timeline: Ongoing.
- Technological Upgrades and Innovation: Investing in technological upgrades and innovation can improve the efficiency and performance of KNOT Offshore Partners' shuttle tankers. This could include implementing advanced navigation systems, improving fuel efficiency, or adopting new technologies for cargo handling. These upgrades can reduce operating costs and enhance the company's competitiveness. Timeline: Ongoing.
- Partnerships and Joint Ventures: KNOT Offshore Partners LP could form partnerships or joint ventures with other companies in the offshore oil industry. This could include collaborations with oil producers, engineering firms, or other shipping companies. These partnerships can provide access to new markets, technologies, and expertise, accelerating the company's growth. Timeline: 2-4 years.
What Are KNOP's Competitive Advantages?
- Specialized fleet of shuttle tankers designed for specific offshore operations.
- Long-term charters providing stable and predictable revenue streams.
- Established relationships with major oil and gas companies.
- Operational expertise in the North Sea and Brazil.
What Does KNOP Do?
Founded in 2013 and headquartered in Aberdeen, United Kingdom, KNOT Offshore Partners LP specializes in owning, acquiring, and operating shuttle tankers. These vessels are critical for the offshore oil industry, providing essential services for loading, transporting, discharging, and storing crude oil. The company's operations are primarily concentrated in the North Sea and Brazil, two key regions for offshore oil production. KNOT Offshore Partners operates through long-term time charters and bareboat charters, establishing stable and predictable revenue streams. As of March 17, 2022, the company's fleet consisted of seventeen shuttle tankers, each designed to meet the specific demands of offshore oil transportation. The company's focus on shuttle tankers differentiates it from broader shipping companies, allowing it to carve out a niche in the marine transportation sector. KNOT Offshore Partners' business model centers around providing reliable and specialized services to oil producers, ensuring the safe and efficient transport of crude oil from offshore platforms to onshore facilities or larger tankers.
What Products and Services Does KNOP Offer?
- Own and operate a fleet of specialized shuttle tankers.
- Provide crude oil loading services from offshore platforms.
- Transport crude oil from offshore fields to onshore facilities or larger tankers.
- Offer crude oil discharge services.
- Provide crude oil storage solutions.
- Operate primarily in the North Sea and Brazil.
- Utilize long-term time charters and bareboat charters.
How Does KNOP Make Money?
- Generate revenue through long-term time charters and bareboat charters.
- Charge fees for the loading, transportation, discharge, and storage of crude oil.
- Maintain high utilization rates for its fleet of shuttle tankers.
- Manage operating costs to maximize profitability.
What Industry Does KNOP Operate In?
KNOT Offshore Partners LP operates within the marine shipping industry, specifically focusing on shuttle tankers that support offshore oil production. The industry is influenced by global oil prices, production levels, and regulatory environments. The demand for shuttle tankers is closely tied to the activity in offshore oil fields, particularly in regions like the North Sea and Brazil. The competitive landscape includes other specialized shipping companies and larger players in the broader maritime sector. The industry is subject to cyclical trends, with periods of high demand and increased charter rates followed by downturns when oil prices decline or production slows.
Who Are KNOP's Key Customers?
- Oil and gas companies operating in the North Sea.
- Oil and gas companies operating in Brazil.
- Companies requiring transportation of crude oil from offshore fields.
- Companies needing storage solutions for crude oil.
Company Profile
KNOT Offshore Partners LP owns and operates in the Marine Shipping industry within the Industrials sector. It is headquartered in Aberdeen, GB. The company is led by CEO Derek Lowe. KNOP has traded publicly since 2013.
KNOT Offshore Partners LP owns and Financial Trajectory
KNOT Offshore Partners LP owns and (KNOP) reported $92.0M in revenue for Q1 2026, a decline of 4.6% compared to the prior quarter. The company recorded net income of $2.6M, with diluted EPS of $0.08. Revenue has contracted over three consecutive quarters, which investors in this small-cap Industrials stock should monitor closely. Across the four most recent quarters, KNOP averaged $0.13 in diluted EPS.
How KNOT Offshore Partners LP owns and Is Valued
KNOT Offshore Partners LP owns and carries a market capitalization of $357M, placing it in the small-cap category. Relative to its peer group, KNOP's quantitative score of 54/100 is roughly in line with the peer average of 56/100.
Key Financial Metrics
Return on equity for KNOT Offshore Partners LP owns and stands at 3.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.1%, showing how much profit it generates from its asset base. KNOP trades at a trailing price-to-earnings ratio of 18.95, below the Industrials sector average of ~32x. Its free cash flow yield is 44.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.25 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 5.3%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
KNOT Offshore Partners LP owns and's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.32 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
KNOT Offshore Partners LP owns and has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 109.1% above estimates on average.
Forward Outlook
Wall Street analysts project KNOT Offshore Partners LP owns and revenue of about $375.3M for fiscal 2026, with EPS near $0.67.
KNOP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests strong confidence in KNOP's future prospects, signaling alignment between management and shareholders.
- The overall market perception of offshore energy infrastructure is improving, potentially benefiting KNOP as investors seek exposure to this sector.
- Community sentiment indicates a growing belief in the long-term stability of KNOP's business model, driven by its contracts and asset base.
- Positive developments in the broader energy market are creating a favorable environment for KNOP, as increased activity supports demand for its services.
Bear Case
- Mixed community sentiment indicates uncertainty about KNOP's ability to maintain its distribution levels, creating investor apprehension.
- Recent insider sales, even if for personal reasons, could be interpreted negatively by the market, impacting investor confidence.
- Concerns exist regarding the long-term viability of KNOP's contracts, especially given the evolving energy landscape and potential shifts in demand.
- Market perception is sensitive to fluctuations in oil prices, potentially leading to volatility in KNOP's stock price if prices decline significantly.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $92M | $3M | $0.08 |
| Q4 2025 | $96M | -$6M | -$0.19 |
| Q3 2025 | $97M | $15M | $0.44 |
| Q2 2025 | $87M | $7M | $0.20 |
Based on FMP financials and quantitative analysis
KNOP Latest News
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KNOP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for KNOP.
Price Targets
Wall Street price target analysis for KNOP.
KNOP MoonshotScore
What does this score mean?
The MoonshotScore rates KNOP 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Classification
Industry Marine ShippingLeadership: Derek Lowe
CEO
Information on Derek Lowe's background is limited. As CEO, he is responsible for the overall strategic direction and operational performance of KNOT Offshore Partners LP. His leadership is crucial for navigating the challenges and opportunities in the marine shipping industry, particularly in the specialized area of shuttle tanker operations. He manages a single employee.
Track Record: Due to limited information, Derek Lowe's specific achievements and milestones as CEO of KNOT Offshore Partners LP are not available. His role involves overseeing the company's fleet operations, securing long-term charters, and managing relationships with key customers in the offshore oil industry.
Common Questions About KNOP (Industrials)
What does the AI Score mean for KNOP?
KNOP holds an AI Score of 54/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. KNOT Offshore Partners LP specializes in owning and operating shuttle tankers, primarily in the North Sea and Brazil. They provide essential services for the loading, transportation, and storage …
What does KNOT Offshore Partners LP do?
KNOT Offshore Partners LP specializes in owning and operating shuttle tankers, which are critical for transporting crude oil from offshore oil fields to onshore facilities or larger tankers. The company focuses on providing these services under long-term charters, primarily in the North Sea and Brazil.
What do analysts say about KNOP stock?
Analyst coverage of KNOT Offshore Partners LP is limited, but key metrics such as its P/E ratio of 19.0 and dividend yield of 1.16% provide some insight into its valuation. The company's long-term charters offer revenue visibility, which is a positive factor.
What are the main risks for KNOP?
KNOT Offshore Partners LP faces several risks, including fluctuations in global oil prices, which can impact demand for offshore oil production and shuttle tanker services. The cyclical nature of the shipping industry can also lead to periods of lower charter rates and reduced profitability. Increased competition from other shipping companies could impact market share and pricing.
What are the key factors to evaluate for KNOP?
KNOT Offshore Partners LP owns and (KNOP) holds an AI score of 54/100 (moderate). P/E: 19.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does KNOP data refresh on this page?
KNOP's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven KNOP's recent stock price performance?
KNOT Offshore Partners LP owns and (KNOP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized fleet of shuttle tankers. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider KNOP overvalued or undervalued right now?
KNOT Offshore Partners LP owns and (KNOP) trades at 19.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research KNOP before investing?
Before investing in KNOT Offshore Partners LP owns and (KNOP), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of May 9, 2026.
- Limited information available on CEO Derek Lowe's background and track record.