KNOT Offshore Reports Q3 2025 Revenue of $96.9M and Net Income of $15.1M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
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Source: Newsfilter
- Revenue Growth: KNOT Offshore generated $96.9 million in revenue for Q3 2025, a 12.5% increase from $87.1 million in Q2 2025, primarily driven by the addition of the Daqing Knutsen, enhancing the company's market competitiveness.
- Operational Efficiency: The fleet achieved a 99.87% utilization rate for scheduled operations in Q3, with an overall utilization of 96.49% even after accounting for the drydocking of the Tove Knutsen, demonstrating high efficiency in scheduling and operational management.
- Cash Distribution: The company declared a quarterly cash distribution of $0.026 per unit on October 7, 2025, reflecting its ongoing profitability and commitment to shareholder returns, which further boosts investor confidence.
- Acquisition and Financing: KNOT acquired the Daqing Knutsen for $95 million in July 2025, expected to provide stable cash flow for future revenue growth, while also successfully completing a $71.1 million loan financing, optimizing its capital structure.
Analyst Views on KNOP
Wall Street analysts forecast KNOP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNOP is 10.00 USD with a low forecast of 10.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 10.570
Low
10.00
Averages
10.00
High
10.00
Current: 10.570
Low
10.00
Averages
10.00
High
10.00
About KNOP
KNOT Offshore Partners LP is a United Kingdom-based company that owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. The Company's fleet consists of approximately 18 shuttle tankers, which vessels are designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. Its shuttle tankers are equipped with sophisticated loading and dynamic positioning systems that allow the vessels to load cargo safely from oil field installations, in harsh weather conditions and where there are strong currents. The Company's vessels include Tove Knutsen, Synnove Knutsen, Lena Knutsen, Vigdis Knutsen, Anna Knutsen, Tordis Knutsen, Raquel Knutsen, Carmen Knutsen, Brasil Knutsen, Hilda Knutsen, Torill Knutsen, Ingrid Knutsen, Dan Sabia, Bodil Knutsen, Fortaleza Knutsen, Recife Knutsen, Dan Cisne, Windsor Knutsen, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
