KNOT Offshore Partners LP (KNOP)
KNOT Offshore Partners LP operates in the Marine Shipping industry of the Industrials sector, headquartered in Aberdeen, AS, GB. The stock last traded at $10.50, down 0.28% on the session, giving a market capitalisation of $353.4M. On trailing twelve-month figures it carries a trailing P/E of 19.91, a net margin of 4.9%. Its beta of -0.06 implies it has historically moved less than the broad market.
KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.
KNOT Offshore Partners LP is most often compared with the following Industrials names: