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0.0137931034482759 0.0137931034482759 0.0137931034482759 0.0137931034482759 0.0114942528735632 0.0114942528735632 0.0137931034482759 0.00632183908045974
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KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended December 31, 2016

KNOT OFFSHORE PARTNERS LP (KNOP)  More Company Research Source: Business Wire
PDF 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 [Read more]

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