KNOT Offshore Partners LP (KNOP)
Energy · NYQ
Price as at 1 Oct 2026, 10:11 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
KNOT Offshore Partners LP trades at $10.33, which is 50% below the $15.53 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 40 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 30.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
KNOP dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.151 | 3 |
| 2025 | $0.104 | 4 |
| 2024 | $0.104 | 4 |
| 2023 | $0.104 | 4 |
| 2022 | $2.08 | 4 |
| 2021 | $2.08 | 4 |
| 2020 | $2.08 | 4 |
| 2019 | $2.08 | 4 |
| 2018 | $2.08 | 4 |
| 2017 | $2.08 | 4 |
| 2016 | $2.08 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
KNOP earnings and analyst estimates
Recommendation mix, 3 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About KNOT Offshore Partners LP
KNOT Offshore Partners LP, together with its subsidiaries, acquires, owns, and operates shuttle tankers in the United Kingdom and Brazil. The company loads, transports, condensates, and discharges crude oil from offshore oil field installations to onshore terminals and refineries. It serves oil majors and national oil companies. The company was incorporated in 2013 and is headquartered in Aberdeen, the United Kingdom.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
KNOP passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
KNOP peers
The largest companies in the same industry (Oil & Gas Midstream), then in the same sector.
- ENB Enbridge Inc.
- EPD Enterprise Products Partners L.P.
- TRP TC Energy Corporation
- ET Energy Transfer LP
- MPLX MPLX LP
- VG Venture Global, Inc.
- PBA Pembina Pipeline Corporation
- PAA Plains All American Pipeline, L.P.
Every energy company we cover is on the Energy hub.
Common questions
Is KNOT Offshore Partners LP (KNOP) undervalued?
Against our fair value estimate of $15.53, KNOP at $10.33 is 50% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is KNOP's P/E ratio?
KNOP trades at 30.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does KNOT Offshore Partners LP (KNOP) pay a dividend?
Yes. KNOT Offshore Partners LP yields 2.87% at the current share price. It has paid $0.177 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its KNOP data?
Fundamentals for KNOP come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 10:11 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for KNOP, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.