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KNOT Offshore Partners LP

$10.56Last updated
-$0.13 (1.22%)Past day
Timezone

KNOT Offshore Partners LP (NYSE: KNOP) is trading at $10.56, about ₹1,014 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.22% today. Indian residents can buy KNOT Offshore Partners LP from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$10.61
Previous close:$10.69
Volume:87.03K

Today's low

$10.17

Today's high

$10.63

52 week low

$8.00

52 week high

$11.78

KNOP opened at $10.61, closed previously at $10.69, and has traded between $8.00 and $11.78 over the past 52 weeks.

About

KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.

Country
GB
CEO
Derek Lowe
Exchange listed on
NYSE
Industry
Marine Shipping
Base currency
USD
Full Time Employees
815
Sector
Industrials
IPO date
10/04/2013

Key statistics

Avg. volume

65.25K

Market cap

$355.45M

P/E Ratio

24.70

Price-to-sales ratio

0.93

Enterprise value

$1.16B

Free cash flow yield

43.22%

Debt-to-equity ratio

1.48

Return on equity

2.42%

ROIC

5.32%

Beta

-0.06

Dividend yield

1.68%

Last dividend

$0.18

Financial overview

Revenue

$364.44M

Earnings per share

$0.47

Free cash flow

$155.46M

Net profit margin

3.90%

Gross margin

25.59%

EBITDA

$197.01M

Revenue growth

16.57%

Similar securities

This is not an investment recommendation

How to buy KNOT Offshore Partners LP from India

Indian residents can buy KNOT Offshore Partners LP shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for KNOT Offshore Partners LP and place an order

    Find KNOT Offshore Partners LP by name or by its ticker, KNOP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. KNOT Offshore Partners LP trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your KNOT Offshore Partners LP position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in KNOT Offshore Partners LP from India

Trading and taxes when buying KNOT Offshore Partners LP from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. KNOT Offshore Partners LP’s current yield is 1.68%.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy KNOT Offshore Partners LP stock?

Yes. KNOT Offshore Partners LP (KNOP) has been listed on the New York Stock Exchange since 2013, in the Marine Shipping industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one KNOT Offshore Partners LP share cost in rupees?

One KNOT Offshore Partners LP share is $10.56 — about ₹1,014 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the KNOT Offshore Partners LP price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying KNOT Offshore Partners LP from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of KNOT Offshore Partners LP?

Yes. One KNOT Offshore Partners LP share is $10.56, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in KNOT Offshore Partners LP.

How are gains on KNOT Offshore Partners LP shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the KNOT Offshore Partners LP price. Paasa issues a capital-gains statement for your return.

Does KNOT Offshore Partners LP pay a dividend, and how is it taxed in India?

Yes. KNOT Offshore Partners LP pays a dividend and the current yield is 1.68%; the last declared dividend was $0.18 per share, about ₹17.00. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade KNOT Offshore Partners LP from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is KNOT Offshore Partners LP a United States company, and does that change how it is taxed?

KNOT Offshore Partners LP trades on the New York Stock Exchange in US dollars, but the company is domiciled in United Kingdom. KNOT Offshore Partners LP trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare KNOT Offshore Partners LP shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your KNOT Offshore Partners LP holding, its cost and its closing value.

How do I sell KNOT Offshore Partners LP and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.