(KNOP) KNOT Offshore Partners - Ratings and Ratios

KNOT Offshore Partners LP (NYSE:KNOP) is a limited partnership specializing in the acquisition, ownership, and operation of shuttle tankers. These vessels are primarily deployed under long-term charters in the strategic regions of the North Sea and Brazil, where they play a critical role in the offshore oil and gas supply chain. The company’s operations focus on the loading, transportation, and discharge of crude oil, utilizing both time charters and bareboat charters to ensure flexibility and efficiency in meeting client demands. Established in 2013, KNOT Offshore Partners is headquartered in Aberdeen, Scotland, a hub for North Sea oil and gas activities, and operates a fleet tailored to the demanding conditions of offshore oil production.

From a technical perspective, KNOP’s stock has shown a recent price of $5.55, with a 20-day SMA of $5.52, indicating slight support at current levels. The 50-day SMA of $5.63 and 200-day SMA of $6.41 suggest a potential downtrend in the medium term, with an ATR of $0.22 reflecting relatively low volatility. On the fundamental side, the company’s market cap stands at $189.36M, with a forward P/E of 16.42, signaling expectations of future earnings growth. The P/B ratio of 0.32 highlights undervaluation relative to book value, while the P/S ratio of 0.63 indicates moderate revenue multiples.

Over the next three months, KNOP is expected to trade within a range of $5.30 to $6.00, supported by its stable cash flows from long-term charters. The stock may face resistance at the 200-day SMA of $6.41, while the 50-day SMA of $5.63 could act as a near-term ceiling. Fundamental tailwinds include rising oil prices and increased demand for offshore transportation services, though macroeconomic factors such as interest rate changes and global energy demand could impact performance. The company’s low ATR of $0.22 suggests limited volatility, making it a relatively stable investment in the energy sector.