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0.0137931034482759 0.0137931034482759 0.0137931034482759 0.0137931034482759 0.0114942528735632 0.0114942528735632 0.0137931034482759 0.00632183908045974
Stock impact report

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended December 31, 2016

KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) 
Company Research Source: Business Wire
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE:KNOP): Highlights For the three months ended December 31, 2016, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated highest ever quarterly revenues of $45.0 million, operating income of $21.6 million and net income of $19.5 million. Generated highest ever quarterly Adjusted EBITDA of $36.1 million.1 Generated highest ever quarterly distributable cash flow of $20.8 million1 with a distribution coverage ratio of 1.27x2. Achieved strong operational performance with 99.8% utilization of the fleet. Other events: On December 1, 2016, the Partnership acquired all of the ownership interests in Knutsen Shuttle Tankers 19 AS (“KNOT 19”), the company that owns the shuttle tanker, Raquel Knutsen, from Knut Show less Read more
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