KNOT Offshore Partners LP Financial Update

KNOT Offshore Partners LP, a company specializing in the ownership, operation, and long-term chartering of shuttle tankers for the transportation of oil, gas, and consumable fuels, has recently experienced a mix of financial developments. The company, based in Aberdeenshire, Scotland, and listed on the New York Stock Exchange, reported a sequential decline in profits as of May 22, 2025, according to a report by Rigzone.

Despite the drop in profits, KNOT Offshore Partners has signaled positive developments in its operations. On May 21, 2025, Seeking Alpha reported that the company is experiencing rising charter coverage and has an $854 million backlog. This increase is attributed to expanding demand from Brazil, indicating a robust market presence in the region.

In its Q1 2025 earnings call, as detailed in a Seeking Alpha transcript, KNOT Offshore Partners discussed its financial performance and strategic outlook. The company’s close price on May 20, 2025, was $6.51, with a 52-week high of $9.11 and a low of $5.28. The market capitalization stands at $225.04 million, and the price-to-earnings ratio is notably high at 988.04, reflecting investor sentiment and market conditions.

These developments highlight the company’s strategic positioning in the energy sector, particularly in the oil and gas industry, amidst fluctuating market dynamics. For more detailed information, stakeholders can visit KNOT Offshore Partners’ website at www.knotoffshorepartners.com .