Added to YB: 2025-04-03
Pitch date: 2025-04-01
KNOP [bullish]
KNOT Offshore Partners LP
+39%
current return
Author Info
No bio for this author
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Company Info
KNOT Offshore Partners LP, together with its subsidiaries, acquires, owns, and operates shuttle tankers in the United Kingdom and Brazil.
Market Cap
$373.2M
Pitch Price
$7.45
Price Target
N/A
Dividend
1.85%
EV/EBITDA
6.37
P/E
36.58
EV/Sales
3.50
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
KNOT Offshore (KNOP) Eyes Dividend Reinstatement Amid Market Strength
KNOP: Shuttle tanker leader, 100% utilization, stabilizing costs, deleveraging. 20-25% implied distributable yield. Dividend reinstatement expected FY25 post-refinancing & contract security. Trades 75%+ below replacement value. Catalysts: vessel refinancing, FY26 contracts (>75% secured revenue).
Read full article (1 min)