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KNOT Offshore Partners LP Announces 4th Quarter 2024 Cash Distribution
Jan 09, 2025•over 1 year ago
Contract Type
partnership
Other
Description
KNOT Offshore Partners LP announced the declaration of a quarterly cash distribution for the quarter ended December 31, 2024, and the payment details for the unitholders. The Partnership continues to focus on its strategy of accretive investment in the fleet and a long-term, sustainable distribution.
Company Information
Company
KNOT Offshore Partners
About
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily 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 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’s common units trade on the New York Stock Exchange under the symbol “KNOP”.
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