KNOT Offshore Partners LP Announces 1st Quarter 2025 Cash Distribution
KNOT Offshore Partners LP (NYSE:KNOP) has announced its quarterly cash distribution for Q1 2025. The Partnership will distribute US$ 0.026 per common unit to unitholders of record as of April 28, 2025, with payment scheduled for May 8, 2025.
The company, which owns and operates shuttle tankers in Brazil and the North Sea's offshore oil production regions, primarily under long-term charters, emphasizes that accretive fleet investment and sustainable distribution remain key components of its strategy and value proposition. Though structured as a publicly traded master partnership, KNOP is classified as a for U.S. federal income tax purposes, issuing Form 1099 to unitholders instead of Form K-1.
KNOT Offshore Partners LP (NYSE:KNOP) ha annunciato la sua distribuzione di cassa trimestrale per il primo trimestre del 2025. La Partnership distribuirà 0,026 USD per unità comune agli unitholders registrati al 28 aprile 2025, con pagamento previsto per l'8 maggio 2025.
L'azienda, che possiede e gestisce petroliere shuttle in Brasile e nelle regioni di produzione di petrolio offshore del Mare del Nord, principalmente sotto contratti a lungo termine, sottolinea che gli investimenti nella flotta e una distribuzione sostenibile rimangono elementi chiave della sua strategia e proposta di valore. Sebbene sia strutturata come una partnership master quotata in borsa, KNOP è classificata come tale ai fini fiscali federali statunitensi, emettendo il Modulo 1099 agli unitholders invece del Modulo K-1.
KNOT Offshore Partners LP (NYSE:KNOP) ha anunciado su distribución de efectivo trimestral para el primer trimestre de 2025. La sociedad distribuirá 0,026 USD por unidad común a los tenedores de unidades registrados al 28 de abril de 2025, con el pago programado para el 8 de mayo de 2025.
La empresa, que posee y opera buques cisterna de transporte en Brasil y en las regiones de producción de petróleo en alta mar del Mar del Norte, principalmente bajo contratos a largo plazo, enfatiza que la inversión en flota y la distribución sostenible siguen siendo componentes clave de su estrategia y propuesta de valor. Aunque está estructurada como una sociedad de responsabilidad limitada que cotiza en bolsa, KNOP se clasifica como tal a efectos del impuesto sobre la renta federal de EE. UU., emitiendo el Formulario 1099 a los tenedores de unidades en lugar del Formulario K-1.
KNOT Offshore Partners LP (NYSE:KNOP)는 2025년 1분기 분기 현금 배당금을 발표했습니다. 이 파트너십은 2025년 4월 28일 기준으로 등록된 유니트 보유자에게 0.026 USD의 보통주당 배당금을 지급하며, 지급일은 2025년 5월 8일로 예정되어 있습니다.
브라질과 북해의 해양 석유 생산 지역에서 셔틀 탱커를 소유하고 운영하는 이 회사는 주로 장기 차터에 따라 운영되며, 선박 투자와 지속 가능한 배당금이 전략과 가치 제안의 핵심 요소로 남아 있음을 강조합니다. KNOP는 상장된 마스터 파트너십으로 구조화되어 있지만, 미국 연방 소득세 목적상으로는 해당 분류를 받고 있으며, 유니트 보유자에게는 K-1 양식 대신 1099 양식을 발행합니다.
KNOT Offshore Partners LP (NYSE:KNOP) a annoncé sa distribution de trésorerie trimestrielle pour le premier trimestre 2025. Le partenariat distribuera 0,026 USD par unité commune aux détenteurs d'unités enregistrés au 28 avril 2025, avec un paiement prévu pour le 8 mai 2025.
L'entreprise, qui possède et exploite des tankers de navette au Brésil et dans les régions de production pétrolière offshore de la mer du Nord, principalement sous des contrats à long terme, souligne que l'investissement dans la flotte et la distribution durable restent des éléments clés de sa stratégie et de sa proposition de valeur. Bien qu'elle soit structurée comme un partenariat maître coté en bourse, KNOP est classée comme telle à des fins fiscales fédérales américaines, émettant le formulaire 1099 aux détenteurs d'unités au lieu du formulaire K-1.
KNOT Offshore Partners LP (NYSE:KNOP) hat seine vierteljährliche Barausschüttung für das erste Quartal 2025 bekannt gegeben. Die Partnerschaft wird an die zum 28. April 2025 registrierten Anteilseigner 0,026 USD pro Stammaktie ausschütten, wobei die Zahlung für den 8. Mai 2025 geplant ist.
Das Unternehmen, das Shuttle-Tanker in Brasilien und in den Offshore-Ölproduktionsgebieten der Nordsee besitzt und betreibt, hauptsächlich unter langfristigen Charterverträgen, betont, dass Investitionen in die Flotte und nachhaltige Ausschüttungen weiterhin zentrale Bestandteile seiner Strategie und Wert proposition sind. Obwohl es als börsennotierte Masterpartnerschaft strukturiert ist, wird KNOP für Zwecke der US-Bundessteuer als solche klassifiziert und gibt an die Anteilseigner ein Formular 1099 anstelle eines Formulars K-1 aus.
- Maintains quarterly distribution commitment
- Continues focus on accretive fleet investment strategy
- Operates in strategic offshore oil production regions
- Low distribution amount of US$ 0.026 per unit indicates potential financial constraints
Insights
KNOT Offshore Partners announced a quarterly cash distribution of
This yield is notably lower than typical Master Partnership (MLP) distributions, which historically average in the
For income-focused investors, this modest distribution may be disappointing, but it signals management's commitment to sustainable long-term growth through capital reinvestment. KNOP operates in a specialized niche providing shuttle tankers under long-term charters serving offshore oil production in Brazil and the North Sea - sectors requiring significant capital expenditure to maintain competitive fleet quality.
While structured as an MLP, KNOP is classified as a for U.S. tax purposes, issuing Form 1099 rather than K-1 forms to unitholders. This hybrid approach simplifies tax reporting for investors while still operating within the MLP business model of contracted, fee-based revenue streams.
Distribution
The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2025, of
This cash distribution will be paid on May 8, 2025, to all unitholders of record as of the close of business on April 28, 2025.
The Partnership continues to believe that key components of its strategy and value proposition are accretive investment in the fleet and a long-term, sustainable distribution.
About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of
KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for
Forward looking statements
This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. Factors that can affect future results are discussed in the Annual Report on Form 20-F filed by the Partnership with SEC. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
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KNOT Offshore Partners LP
Derek Lowe
Chief Executive Officer and Chief Financial Officer
Tel: +44 1224 618 420
Email: ir@knotoffshorepartners.com
Source: KNOT Offshore Partners LP
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