Derek Lowe - KNOT Offshore CEO CFO

KNOP Stock  USD 5.96  0.01  0.17%   

CEO

Derek Lowe is CEO CFO of KNOT Offshore Partners
Age 50
Address 2 Queens Cross, Aberdeen, United Kingdom, AB15 4YB
Phone44 12 2461 8420
Webhttps://www.knotoffshorepartners.com

KNOT Offshore Management Efficiency

The company has return on total asset (ROA) of 0.0298 % which means that it generated a profit of $0.0298 on every $100 spent on assets. This is way below average. KNOT Offshore's management efficiency ratios could be used to measure how well KNOT Offshore manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.02. As of 11/28/2024, Total Current Liabilities is likely to grow to about 133.8 M, while Liabilities And Stockholders Equity is likely to drop slightly above 1.1 B.
KNOT Offshore Partners currently holds 958.91 M in liabilities with Debt to Equity (D/E) ratio of 1.47, which is about average as compared to similar companies. KNOT Offshore Partners has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about KNOT Offshore's use of debt, we should always consider it together with its cash and equity.

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KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom. Knot Offshore operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 1 people. KNOT Offshore Partners (KNOP) is traded on New York Stock Exchange in USA. It is located in 2 Queens Cross, Aberdeen, United Kingdom, AB15 4YB and employs 1 people. KNOT Offshore is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

KNOT Offshore Partners Leadership Team

Elected by the shareholders, the KNOT Offshore's board of directors comprises two types of representatives: KNOT Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KNOT. The board's role is to monitor KNOT Offshore's management team and ensure that shareholders' interests are well served. KNOT Offshore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KNOT Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Derek Lowe, CEO CFO
Junya Omoto, Director of KNOT Offshore Partners GP LLC
Gary Chapman, Chief Executive Officer, Chief Financial Officer
Richard Beyer, Director of KNOT Offshore Partners GP LLC
Edward Waryas, Independent Director of KNOT Offshore Partners GP LLC
Hans Aas, Independent Director of KNOT Offshore Partners GP LLC
Andrew Beveridge, Independent Director of KNOT Offshore Partners GP LLC
Trygve Seglem, Chairman of the Board of KNOT Offshore Partners GP LLC
Simon Bird, Independent Director of KNOT Offshore Partners GP LLC
John Dalsvag, Vice Development

KNOT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is KNOT Offshore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with KNOT Offshore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KNOT Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KNOT Offshore will appreciate offsetting losses from the drop in the long position's value.

Moving together with KNOT Stock

  0.76SB Safe BulkersPairCorr

Moving against KNOT Stock

  0.85SB-PC Safe BulkersPairCorr
  0.85SB-PD Safe BulkersPairCorr
  0.47KEX KirbyPairCorr
The ability to find closely correlated positions to KNOT Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOT Offshore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KNOT Offshore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KNOT Offshore Partners to buy it.
The correlation of KNOT Offshore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KNOT Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOT Offshore Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KNOT Offshore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for KNOT Stock Analysis

When running KNOT Offshore's price analysis, check to measure KNOT Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.