KNOT Offshore Partners LP Announces Third Quarter 2018 Cash Distribution
October 15 2018 - 6:07AM
Business Wire
KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)
Distribution
The Partnership announced today that its Board
of Directors has declared a quarterly cash distribution with
respect to the quarter ended September 30, 2018, of $0.52 per
unit.
This corresponds to $2.08 per outstanding unit on an annualized
basis.
This cash distribution will be paid on November 14, 2018 to all
unitholders of record as of the close of business on November 1,
2018.
About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, operates and acquires shuttle
tankers under long-term charters in the offshore oil production
regions of the North Sea and Brazil. KNOT Offshore Partners LP is
structured as a publicly traded master limited partnership. KNOT
Offshore Partners LP’s common units’ trade on the New York Stock
Exchange under the symbol “KNOP.”
Forward looking statements
This 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’s 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.
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KNOT Offshore Partners LPJohn CostainChief Executive
Officer and Chief Financial Officer44 749 6170 620
KNOT Offshore Partners (NYSE:KNOP)
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