Knot offshore Partners

Leading shuttle tanker operator KNOT Offshore Partners reported mixed Q3/2024 with the company's bottom line impacted by derivative losses and inflationary pressures on operating expenses. A recent vessel swap with parent Knutsen NYK resulted in backlog and estimated average daily time charter rate increasing to new multi-year highs. However, a combination of heavy debt amortization requirements and near-term refinancing needs are likely to result in quarterly distributions remaining at current levels for the time being.» Mehr auf seekingalpha.com

KNOT Offshore Partners LP (NYSE:KNOP ) Q3 2024 Earnings Conference Call December 5, 2024 9:30 AM ET Company Participants Derek Lowe - CEO and CFO Conference Call Participants Liam Burke - B. Riley Jim Altschul - Aviation Advisory Service Poe Fratt - Alliance Global Partners Pavel Oliva - RockHill Global Clement Mullins - Value Investor's Edge Fredrik Dybwad - Fearnley Securities Operator Good morning and thank you all for joining.» Mehr auf seekingalpha.com

ABERDEEN, Scotland--(BUSINESS WIRE)--Financial Highlights For the three months ended September 30, 2024 (“Q3 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $76.3 million, operating income of $17.2 million and net loss of $3.8 million. Generated Adjusted EBITDA1 of $45.1 million. Reported $77.2 million in available liquidity at September 30, 2024, which was comprised of cash and cash equivalents of $67.2 million and undrawn revolvin.» Mehr auf businesswire.com