# KNOT Offshore Partners LP (KNOP)

> Source: Nexqual · https://nexqual.com/KNOP · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, KNOT Offshore Partners LP (KNOP), nexqual.com/KNOP" · informational, not investment advice.

**Price:** USD 10.05 (+0.60% on the day) · last close of Oct 22, 2026; US market open, not a live price. Prev close 9.99 · day 9.97–10.11 · 52w 8.77–11.78 · market cap $347M · NYQ

## Key facts
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $25.0M; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y +12.1% vs S&P 500 +14.9%; 5Y -33.2% vs S&P 500 +80.3%.
- Next earnings: 2026-12-03, EPS estimate USD 0.06, revenue estimate $95.7M.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $25.0M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-15 | Seglem Trygve | Director | 1,250,000 | $25.0M | 20 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +12.1% | -33.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +12.2% | -7.8% |
| Volatility (annualized) | 30.4% | 44.0% |
| Max drawdown | -16.5% (Jan 2026→Mar 2026) | -74.3% (Aug 2022→May 2023) |

## Peers (Oil & Gas Midstream)
SBR (Sabine Royalty Trust) USD 72.25 -0.55% · TK (Teekay Corporation Ltd.) USD 14.11 -0.42% · NVGS (Navigator Holdings Ltd.) USD 21.27 +0.47% · FLNG (FLEX LNG Ltd.) USD 28.09 +0.54% · PBT (Permian Basin Royalty Trust) USD 33.18 -0.27% · TEN (Tsakos Energy Navigation Ltd) USD 51.66 +0.02%

## More
Full page: https://nexqual.com/KNOP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in KNOP's own 20-F filed 2026-04-17 (https://www.sec.gov/Archives/edgar/data/1564180/000110465926044664/knop-20251231x20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Marshall Islands | "Our partnership agreement also contains provisions that reduce the standards to which our general partner and directors would otherwise be held by Marshall Islands law." |
| Partner | Evercore Inc. (EVR) | "The Conflicts Committee of the Partnership's Board, which is comprised of only non-KNOT-affiliated directors, retained Evercore Group L.L.C., Richards, Layton & Finger, P.A. and IGB Group as independent advisors to assis…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.06 | $0.17 | -64.7% | $95.7M | 1 |
| Next quarter (ends 2026-12-31) | $-0.01 | $0.07 | -113.3% | $96.9M | 1 |
| Current fiscal year (ends 2026-12-31) | $0.76 | $0.39 | +97.4% | $366.2M | 2 |
| Next fiscal year (ends 2027-12-31) | $0.69 | $0.60 | +15.2% | $368.9M | 2 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2027-04-16 (includes earnings 2026-12-03): ±30.3%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-04-16 | 175 | 56.0% | ±30.3% |