KNOP Stock Summary and Trading Ideas (Knot Offshore Partners LP Common Units Representing Limited Partner Interests | NYSE:KNOP)

KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.

Knot Offshore Partners LP Common Units Representing Limited Partner Interests trades on the NYSE stock market under the symbol KNOP.

As of February 23, 2026, KNOP stock price declined to $10.30 with 87,591 million shares trading.

KNOP has a beta of 0.08, meaning it tends to be less sensitive to market movements. KNOP has a correlation of 0.00 to the broad based SPY ETF.

KNOP has a market cap of $359.86 million. This is considered a Small Cap stock.

Last quarter Knot Offshore Partners LP Common Units Representing Limited Partner Interests reported $97 million in Revenue and $.44 earnings per share. This beat revenue expectation by $9 million and exceeded earnings estimates by $.26.

In the last 3 years, KNOP traded as high as $11.15 and as low as $4.28.

The top ETF exchange traded funds that KNOP belongs to (by Net Assets): BOAT, EHLS.

KNOP has outperformed the market in the last year with a price return of +87.5% while the SPY ETF gained +13.0%. However, in the short term, KNOP had mixed performance relative to the market. It has underperformed in the last 3 months, returning +4.7% vs +4.9% return in SPY. But in the last 2 weeks, KNOP shares have fared better than the market returning -0.9% compared to SPY -1.2%.

KNOP support price is $10.16 and resistance is $10.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KNOP shares will trade within this expected range on the day.