Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Undervalued vs peers
About
KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/
Target Price
The average target price of KNOP is 10.0 and suggests 3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decr
