KNOT Offshore Partners (KNOP) to Release Earnings on Thursday

KNOT Offshore Partners (NYSE:KNOP) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 20th. Analysts expect KNOT Offshore Partners to post earnings of $0.04 per share and revenue of $76.50 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

KNOT Offshore Partners Price Performance

Shares of NYSE:KNOP opened at $5.54 on Wednesday. The company has a market cap of $190.01 million, a P/E ratio of -12.88 and a beta of 0.70. The company has a quick ratio of 0.42, a current ratio of 0.44 and a debt-to-equity ratio of 1.52. KNOT Offshore Partners has a 52 week low of $4.94 and a 52 week high of $9.11. The business has a fifty day simple moving average of $5.66 and a 200-day simple moving average of $6.02.

KNOT Offshore Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were given a $0.026 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Monday, January 27th. KNOT Offshore Partners’s dividend payout ratio is currently -23.26%.

Analyst Ratings Changes

Separately, StockNews.com downgraded KNOT Offshore Partners from a “buy” rating to a “hold” rating in a research report on Tuesday.

KNOT Offshore Partners Company Profile

KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.