Knot offshore Partners

KNOT Offshore Partners reported Q2 2026 revenue of $96.8 million, adjusted EBITDA of $57.6 million and vessel utilization near 97% excluding scheduled drydocking, with liquidity of $143.3 million. The partnership increased its quarterly distribution to $0.075 per common unit and acquired the Hedda Knutsen for a net cash cost of $24.4 million; the vessel is chartered to Petrobras through 2034. KNOT refinanced $225 million of debt at SOFR plus 165 basis points, reported a $881.2 million contracted backlog and said charter coverage is 92% for 2027 on a firm basis. Management cited tightening shuttle tanker markets in Brazil and the North Sea and expects accretive drop-downs and stronger charter markets to support further distribution growth. » Mere på finance.yahoo.com

KNOT Offshore Partners reported Q2 2026 revenue of $96.8 million (above estimates) with adjusted EPS of $0.1013, which missed analysts' expectations. The partnership raises the quarterly cash distribution from $0.05 to $0.075 and points to strong fleet utilization (96.8%) and improved liquidity of $143.3 million. KNOP completed the acquisition of the Hedda Knutsen, thereby lowering average fleet age and strengthening long-term charter coverage. Management signals a positive outlook with gradual distribution increases; the stock reacted slightly negatively. » Mere på de.investing.com

KNOT Offshore Partners will hold a financial conference on September 4, 2026 and will release results for the quarter ended June 30, 2026. Two analysts expect an EPS of $0.060 (prior year $0.200) and revenue of $93.5 million, an increase of 7.4% from $87.1 million a year earlier. For the fiscal year, forecasts from three analysts average $0.673 earnings per share and $375.3 million in revenue. » Mere på finanzen.net