{"id":799094,"date":"2025-01-08T16:18:56","date_gmt":"2025-01-08T21:18:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/knot-offshore-partners-lp-announces-4th-quarter-2024-cash-distribution\/"},"modified":"2025-01-08T16:18:56","modified_gmt":"2025-01-08T21:18:56","slug":"knot-offshore-partners-lp-announces-4th-quarter-2024-cash-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/knot-offshore-partners-lp-announces-4th-quarter-2024-cash-distribution\/","title":{"rendered":"KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>KNOT Offshore Partners LP Announces 4<sup>th<\/sup> Quarter 2024 Cash Distribution<\/b><\/p>\n<p>ABERDEEN, Scotland&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKNOT Offshore Partners LP (NYSE:KNOP) (\u201cThe Partnership\u201d)<\/p>\n<p><b>Distribution<\/b><\/p>\n<p>\nThe Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit.<\/p>\n<p>\nThis cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 2025.<\/p>\n<p>\nThe 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.<\/p>\n<p><b><i>About KNOT Offshore Partners LP<\/i><\/b><\/p>\n<p>\nKNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea.<\/p>\n<p>\nKNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for U.S. federal income tax purposes, and thus issues a Form 1099 to its unitholders, rather than a Form K-1. KNOT Offshore Partners LP\u2019s common units trade on the New York Stock Exchange under the symbol \u201cKNOP.\u201d<\/p>\n<p><b><i>Forward looking statements<\/i><\/b><\/p>\n<p>\nThis 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\u2019s 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.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250108388611r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250108388611\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250108388611\/en\/<\/a><\/span><\/p>\n<p><b>KNOT Offshore Partners LP<br \/>\n<\/b><br \/>Derek Lowe<br \/>\n<br \/>Chief Executive Officer and Chief Financial Officer<br \/>\n<br \/>Tel: +44 1224 618 420<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:ir@knotoffshorepartners.com\">ir@knotoffshorepartners.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Maritime Other Energy Transport Oil\/Gas Energy Other Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250108388611\/en\/1502103\/3\/Knot_Logo_with_icon.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution ABERDEEN, Scotland&#8211;(BUSINESS WIRE)&#8211; KNOT Offshore Partners LP (NYSE:KNOP) (\u201cThe Partnership\u201d) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/knot-offshore-partners-lp-announces-4th-quarter-2024-cash-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799094","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/knot-offshore-partners-lp-announces-4th-quarter-2024-cash-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution ABERDEEN, Scotland&#8211;(BUSINESS WIRE)&#8211; KNOT Offshore Partners LP (NYSE:KNOP) (\u201cThe Partnership\u201d) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 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. 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