Knot Offshore Reveals $10 Per Share Acquisition Proposal from Knutsen NYK Offshore Tankers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 03 2025
0mins
Proposal Overview: KNOT Offshore Partners received an unsolicited non-binding proposal from Knutsen NYK Offshore Tankers AS to acquire all publicly held common units of the Partnership for $10 per unit.
Transaction Structure: The acquisition would be executed through a merger between the Partnership and a subsidiary of KNOT.
Evaluation Process: The Conflicts Committee of the KNOP Board, consisting of non-KNOT-affiliated directors, will assess the offer with the help of advisors.
Approval Requirements: The proposed transaction is contingent upon approvals from the KNOP Conflicts Committee, the KNOP Board, and the KNOT board of directors.
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.
