KNOT Offshore Partners (NYSE:KNOP)

CAPS Rating: 3 out of 5

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Member Avatar tes1900 (< 20) Submitted: 4/18/2016 12:20:37 AM : Outperform Start Price: $16.86 KNOP Score: +14.27

Oil is recovering and they will also

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Member Avatar Breq (< 20) Submitted: 2/26/2016 3:36:42 PM : Outperform Start Price: $16.00 KNOP Score: +14.38

KNOP operates in a niche market and they are first class operators. KNOP can be thought of as a mobile sea going pipeline. All the ships are under long term contracts with the average duration of 5.9 years. The cash flow generated from the contract is well known and easily covers the current distribution. Happily the ships used to transport the oil are specialized and costs about twice as much as the typical oil tanker so competition is limited.

Management is very rational contracting to build ships only when contracts are assured and are flexible capital locators. With the company trading at 65% of book value there is ample room for capital appreciation. Once oil recovers anything energy related will benefit from the change in sentiment . Meanwhile you get 12.9 % distribution yield to wait.

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Member Avatar mrbill6 (< 20) Submitted: 2/26/2016 1:02:25 PM : Outperform Start Price: $16.00 KNOP Score: +14.65

5th best performing MLP ytd

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Member Avatar LarkinSoft (99.81) Submitted: 10/12/2015 11:49:58 AM : Outperform Start Price: $16.61 KNOP Score: +13.19

High institutional ownership, great P/E, low price, and high dividend yield.

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Member Avatar AdamGalas (< 20) Submitted: 3/3/2015 12:59:39 AM : Outperform Start Price: $19.82 KNOP Score: -0.72

A Grand Adventure Dividend Holding:

http://boards.fool.com/the-grand-adventure-121197.aspx

Results 1 - 5 of 5

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