AP NEWS
Related topics

Knot Offshore: 3Q Earnings Snapshot

November 20, 2019 GMT

ABERDEEN, Britain (AP) _ Knot Offshore Partners LP (KNOP) on Wednesday reported profit of $14.1 million in its third quarter.

On a per-share basis, the Aberdeen, Britain-based company said it had net income of 43 cents.

The tanker company that serves the energy industry posted revenue of $71 million in the period.

Knot Offshore shares have increased roughly 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.58, a drop of almost 6% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNOP at https://www.zacks.com/ap/KNOP