KNOT Offshore Partners LP was incorporated as a publicly traded limited partnership under the laws of the Marshall Islands on February 21, 2013. The company owns, operates and acquires shuttle tankers, primarily under long-term leases. Its fleet is leased to high-quality clients including subsidiaries of Shell, Equinor, Total Energy and ExxonMobil. 

KNOT Offshore Partners (KNOP) has a Zacks Rank #2 (Buy) and an A for Value, indicating it may be undervalued. The company has a P/S ratio of 1.02, lower than its industry average of 2.06. KNOP's strong earnings outlook and value grade make it an impressive value stock.

KNOT Offshore

KNOT Offshore Partners Valued Below Industry Average

Knot Offshore Partners LP reported Q2 2026 earnings, with CEO Derek Lowe noting the inclusion of forward-looking statements in the presentation. The company's website, knotoffshorepartners.com, hosts the earnings release and presentation.

Knot Offshore Partners Q2 2026 Earnings Call Transcript Released

Energy stocks saw significant movement in Thursday's after-market session. Gainers included TMD Energy (TMDE), KNOT Offshore Partners (KNOP), TOP Ships (TOPS), Nine Energy Service (NINE), EQT (EQT), and SLB (SLB), with increases of 3.6%, 2.28%, 1.53%, 1.45%, 1.13%, and 1.11%, respectively. Losers were Abundia Global Impact (AGIG), VAALCO Energy (EGY), Par Pacific Hldgs (PARR), Tetra Technologies (TTI), EON Resources (EONR), and Indonesia Energy Corp (INDO), with decreases of 2.6%, 2.12%, 1.81%, 1.69%, 1.48%, and 1.29%, respectively.

TMD Energy

Nine Energy Service

Vaalco Energy

Par Pacific

Top Ships

Indonesia Energy

Abundia Global

EON Resources

Tetra Technologies

Energy Stocks in Focus as TMD Energy, KNOT Offshore Partners Gain

KNOT Offshore Partners LP reported Q2 2026 revenue of $96.8 million, operating income of $15.6 million, and net income of $3.4 million. The company declared a $0.075 per common unit cash distribution, up from $0.05 in the prior quarter. Its backlog stands at $881.2 million, with 96.8% fleet utilization and an average fleet age of 10.7 years. The company has fully chartered for the remainder of 2026 and 92% firm coverage for 2027.

KNOT Offshore Boosts Distribution to $0.075, Refinances $225M Loan Facility

KNOT Offshore Partners reported Q2 2026 revenues of $96.8 million, operating income of $15.6 million, and net income of $3.4 million. Adjusted EBITDA was $57.6 million. The company's available liquidity stood at $143.3 million as of June 30, 2026.

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