-1.79%
-6.62%
-8.79%
-19.35%
-3.34%
-63.43%
-71.14%
AI Spotlight on KNOP
Company Description
KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil.The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters.As of March 17, 2022, it operated a fleet of seventeen shuttle tankers.
The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
Market Data
| Last Price | 5.5 |
| Change Percentage | -1.79% |
| Open | 5.59 |
| Previous Close | 5.6 |
| Market Cap ( Millions) | 187 |
| Volume | 37765 |
| Year High | 9.11 |
| Year Low | 4.94 |
| M A 50 | 5.8 |
| M A 200 | 6.42 |
Financial Ratios
| FCF Yield | 67.95% |
| Dividend Yield | 1.89% |
| ROE | -3.19% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | 541.07% |
| Price To Book | 0.0 |
| Price Earnings Ratio | -12.94 |
| Price To FCF | 1.47 |
| Price To sales | 0.62 |
| EV / EBITDA | 6.57 |
News
- Jan -22 - Has KNOT Offshore Partners (KNOP) Outpaced Other Transportation Stocks This Year?
- Jan -06 - Are Transportation Stocks Lagging KNOT Offshore Partners (KNOP) This Year?
- Jan -03 - Knot Offshore (KNOP) Stock Jumps 8.1%: Will It Continue to Soar?
- Dec -10 - KNOT Offshore Partners: No Visible Near-Term Catalysts - Hold
- Dec -05 - KNOT Offshore Partners LP (KNOP) Q3 2024 Earnings Call Transcript
- Dec -04 - KNOT Offshore Partners LP Earnings Release — Interim Results for the Period Ended September 30, 2024
- Nov -28 - KNOT Offshore Partners: The Outlook For Higher Distributions
- Oct -03 - Here's Why Investors Should Bet on KNOT Offshore Stock Now
- Sep -04 - KNOT Offshore Partners: Solid Q2 But Going Private Deal Growing Unlikely - Hold
- Sep -04 - KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript
- Aug -28 - KNOP to Report Q2 Earnings: What's in Store for the Stock?
- Aug -13 - KNOT Offshore Partners LP Announces 2nd Quarter 2024 Earnings Results Conference Call
- Jul -02 - 5 Stocks With Recent Price Strength to Boost Your Portfolio
- Jun -24 - Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024
- Jun -21 - What Makes Knot Offshore (KNOP) a Good Fit for 'Trend Investing'
- Jun -13 - 5 Stocks With Recent Price Strength to Maximize Your Gains
- Jun -11 - What Makes Knot Offshore (KNOP) a Strong Momentum Stock: Buy Now?
- Jun -04 - Here's Why 'Trend' Investors Would Love Betting on Knot Offshore (KNOP)
- May -23 - KNOT Offshore Partners (KNOP) Q1 2024 Earnings Call Transcript
- May -22 - KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charter
Expected Growth : 1.2 %
What the company do ?
Time Charter is a contract between KNOT Offshore Partners LP and a charterer, where the charterer hires a vessel for a set period at a fixed daily rate.
Why we expect these perspectives ?
KNOT Offshore Partners LP's 1.2% growth in Time Charter is driven by increasing demand for offshore oil and gas production, rising utilization rates, and a growing fleet of vessels. Additionally, the partnership's strong operational performance, cost savings initiatives, and strategic acquisitions have contributed to the growth.
Segment n°2 -> Bareboat
Expected Growth : 0.8 %
What the company do ?
Bareboat charter from KNOT Offshore Partners LP refers to a long-term, fully operational lease of an offshore shuttle tanker, where the lessee is responsible for the vessel's operation and maintenance.
Why we expect these perspectives ?
KNOT Offshore Partners LP's bareboat segment growth of 0.8 is driven by increasing demand for offshore oil and gas production, rising utilization rates, and a growing fleet size. Additionally, the company's strategic acquisitions and long-term contracts with major oil companies contribute to its steady growth.
Knot Offshore Partners Lp Products
| Product Range | What is it ? |
|---|---|
| Shuttle Tankers | KNOT Offshore Partners LP operates a fleet of shuttle tankers that transport crude oil and other petroleum products from offshore oil fields to onshore refineries and terminals. |
| FPSO (Floating Production Storage and Offloading) Units | KNOT Offshore Partners LP provides FPSO units that are used for the production, storage, and offloading of oil and gas from offshore fields. |
| Offshore Loading Systems | KNOT Offshore Partners LP offers offshore loading systems that enable the safe and efficient transfer of oil and petroleum products from offshore fields to shuttle tankers or other vessels. |
KNOT Offshore Partners LP's Porter Forces
Threat Of Substitutes
The threat of substitutes for KNOT Offshore Partners LP is moderate, as there are limited alternatives to offshore oil and gas transportation, but customers may choose to use other modes of transportation or alternative energy sources.
Bargaining Power Of Customers
The bargaining power of customers for KNOT Offshore Partners LP is low, as the company has a diverse customer base and long-term contracts, reducing the dependence on individual customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for KNOT Offshore Partners LP is moderate, as the company relies on a few large suppliers for shipbuilding and equipment, but has some flexibility to negotiate prices.
Threat Of New Entrants
The threat of new entrants for KNOT Offshore Partners LP is low, as the company has a strong market position, high barriers to entry, and significant capital requirements to enter the market.
Intensity Of Rivalry
The intensity of rivalry for KNOT Offshore Partners LP is high, as the company operates in a competitive market with several established players, and pricing pressure is significant.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 61.19% |
| Debt Cost | 7.01% |
| Equity Weight | 38.81% |
| Equity Cost | 7.01% |
| WACC | 7.01% |
| Leverage | 157.66% |
KNOT Offshore Partners LP : Quality Control
KNOT Offshore Partners LP passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CADLR.OL | Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. The company also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry. … |
| EDRY | EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor … |
| GLBS | Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, … |
| SHIP | Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 17 Capesize vessels with a cargo-carrying capacity of … |
| TOPS | Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Seanergy Maritime Holdings
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Cadeler
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KNOT Offshore Partners
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4
EuroDry
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5
Top Ships
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1-Year Total Return ->
6
