KNOT Offshore Partners (KNOP) Issues Earnings Results

KNOT Offshore Partners (NYSE:KNOP) released its quarterly earnings data on Wednesday. The shipping company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.35), Fidelity Earnings reports. KNOT Offshore Partners had a net margin of 34.05% and a return on equity of 14.16%. The firm had revenue of $70.93 million during the quarter, compared to analysts’ expectations of $70.14 million.

Shares of NYSE KNOP traded down $0.28 during trading on Friday, hitting $18.82. The company had a trading volume of 243,100 shares, compared to its average volume of 124,755. KNOT Offshore Partners has a fifty-two week low of $17.18 and a fifty-two week high of $22.75. The firm has a market cap of $624.78 million, a price-to-earnings ratio of 8.33 and a beta of 0.57. The company has a quick ratio of 0.50, a current ratio of 0.51 and a debt-to-equity ratio of 1.53.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 14th. Stockholders of record on Friday, February 1st were given a $0.52 dividend. The ex-dividend date was Thursday, January 31st. This represents a $2.08 annualized dividend and a dividend yield of 11.05%. KNOT Offshore Partners’s dividend payout ratio (DPR) is 92.04%.

A number of research firms have weighed in on KNOP. ValuEngine raised shares of KNOT Offshore Partners from a “sell” rating to a “hold” rating in a report on Monday, January 7th. Zacks Investment Research lowered shares of KNOT Offshore Partners from a “buy” rating to a “hold” rating in a research report on Wednesday, December 5th.

ILLEGAL ACTIVITY NOTICE: “KNOT Offshore Partners (KNOP) Issues Earnings Results” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The correct version of this report can be accessed at

About KNOT Offshore Partners

KNOT Offshore Partners LP owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company loading, transportation and storage of their crude oil services under time charters and bareboat charters. As of April 25, 2018, it had a fleet of 16 shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.

Further Reading: Technical Analysis of Stocks, How Can It Help

Earnings History for KNOT Offshore Partners (NYSE:KNOP)

Receive News & Ratings for KNOT Offshore Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KNOT Offshore Partners and related companies with's FREE daily email newsletter.