Latest news with #KNOP
Yahoo
20-05-2025
- Business
- Yahoo
Knot Offshore: Q1 Earnings Snapshot
ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Tuesday reported earnings of $7.6 million in its first quarter. On a per-share basis, the Aberdeen, Britain-based company said it had profit of 22 cents. The tanker company that serves the energy industry posted revenue of $84 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on KNOP at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
20-05-2025
- Business
- San Francisco Chronicle
Knot Offshore: Q1 Earnings Snapshot
ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Tuesday reported earnings of $7.6 million in its first quarter. On a per-share basis, the Aberdeen, Britain-based company said it had profit of 22 cents. The tanker company that serves the energy industry posted revenue of $84 million in the period.
Washington Post
20-05-2025
- Business
- Washington Post
Knot Offshore: Q1 Earnings Snapshot
ABERDEEN, Britain — ABERDEEN, Britain — Knot Offshore Partners LP (KNOP) on Tuesday reported earnings of $7.6 million in its first quarter. On a per-share basis, the Aberdeen, Britain-based company said it had profit of 22 cents. The tanker company that serves the energy industry posted revenue of $84 million in the period.
Yahoo
26-04-2025
- Business
- Yahoo
Why KNOT Offshore Partners (KNOP) Is Up the Most So Far in 2025
We recently published a list of . In this article, we are going to take a look at where KNOT Offshore Partners LP (NYSE:KNOP) stands against other energy stocks that are up the most so far in 2025. The energy sector has been volatile, and macro trends have led to fears of recession. The S&P 500 energy sector gained almost 9% from January till late March, but it has been dragged down by the broader market correction. Brent futures have hit lows and sent many energy stocks into a tailspin. Yet, there are still some energy stocks that have defied the odds and have delivered solid gains. Midstream companies have been exceptionally resilient, and renewables have also been a bright spot in the energy sector. Even during bear markets there are pockets of the market that perform exceptionally well. For instance, tech stocks have been in a bear market, but I recently identified in another article. For this article, I screened the best-performing energy stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An aerial view of a bustling port, revealing a fleet of shuttle tankers transporting crude oil. Number of Hedge Fund Holders In Q4 2024: 7 KNOT Offshore Partners LP (NYSE:KNOP) owns, operates, and acquires shuttle tankers that transport crude oil under long-term charters in offshore oil production regions, mainly in Brazil and the North Sea. The most recent catalyst for the stock's strong performance in 2025 has been the company's announcement of its first quarter 2025 earnings results conference call, scheduled for May 21, 2025, which has generated anticipation among investors for continued operational stability and potential positive financial updates. Earlier in April, KNOT Offshore Partners LP (NYSE:KNOP) declared a quarterly cash distribution of $0.026 per common unit for the first quarter of 2025. KNOP stock is up 16.86% year-to-date. Overall, KNOP ranks 12th on our list of energy stocks that are up the most so far in 2025. While we acknowledge the potential of KNOP, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KNOP but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
