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Stock impact report

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2019

KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) 
Company Research Source: Business Wire
ABERDEEN, Scotland--(BUSINESS WIRE)-- Highlights For the three months ended March 31, 2019, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated total revenues of $70.5 million, operating income of $32.4 million and net income of $12.9 million Generated quarterly Adjusted EBITDA of $54.8 million1 Generated quarterly distributable cash flow of $25.7 million1 Reported a distribution coverage ratio of 1.432 Fleet operated with 99.8% utilization for scheduled operations Other events: On May 14, 2019, the Partnership obtained approval to extend the maturity of its $25 million unsecured revolving credit facility maturing in August 2019 with the same commercial terms. The refinancing is expected to close in June, 2019. On May 15, 2019, the Partnership p Show less Read more
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