KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript Summary
KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the KNOT Offshore Partners LP (KNOP) Q2 2024 Earnings Call Transcript:
以下是KNOT Offshore Partners LP（KNOP）2024年第二季度業績會交流記錄總結：
Financial Performance:
金融業績：
KNOP reported Q2 2024 revenues of $74.4 million, with an operating income of $1.3 million.
Adjusted EBITDA stood at $45.5 million.
The company reported a net loss of $12.9 million mainly due to vessel impairments.
Excluding impairments, the net income would have been $3.5 million.
KNOP declared a cash distribution of $0.026 per common unit in early August.
The company closed Q2 with a liquidity of $66 million, comprising $56 million in cash and cash equivalents and $10 million in undrawn capacity on credit facilities.
KNOP報告2024年第二季度營業收入爲$74.4百萬美元，營業利潤爲$1.3百萬美元。
調整後的EBITDA爲$45.5百萬美元。
該公司報告的淨虧損爲$12.9百萬美元，主要是由於船隻減值。
不計入減值的話，淨利潤將爲$3.5百萬美元。
KNOP於8月初宣佈每個普通單位分配現金$0.026。
該公司第二季度結束時的流動性爲$66百萬美元，其中現金及現金等價物爲$56百萬美元，未使用額度的信貸設施爲$10百萬美元。
Business Progress:
業務進展：
KNOP recently added the Tuva Knutsen to its fleet, enhancing its contractual footprint.
The company extended its contracts with Shell for Tordis and Lena Knutsen vessels by one year, with options for three more years, securing operations until Q3 of 2028.
The company successfully swapped Dan Cisne for Tuva Knutsen, improving the average fleet age and focusing on high demand segments.
KNOP remains operationally efficient with an average vessel age of 10.2 years and a strong debt service capacity.
Contracts secured offer a strong revenue baseline of $773 million with an average duration of 2.3 years, plus additional options averaging a further 2.3 years.
KNOP最近將圖厄瓦·克努森號加入其船隊，增強了其合同覆蓋範圍。
該公司與Shell公司將托蒂斯號和萊娜·克努森號的合同延長了一年，並獲得了爲期三年的期權，確保運營至2028年第三季度。
該公司成功將丹·西斯內號和圖厄瓦·克努森號進行交換，提高了平均船隊年齡，並專注於高需求領域。
KNOP保持操作高效，平均船齡爲10.2年，具備強大的債務償付能力。
已獲得的合同爲$77300萬提供了一個穩定的營收基準，平均持續時間爲2.3年，還有額外的期權平均可延長2.3年。
Opportunities:
機會：
The FPSO market in Brazil is robust, indicating strong current and future demands for shuttle tankers.
Newbuild contracts for shuttle tankers, including those due for delivery to Knutsen NYK in the future with 10-year contracts, support confidence in market growth.
巴西的FPSO市場強勁，表明目前和未來對擺渡油輪的需求強勁。
新建合同的擺渡油輪，包括那些將在未來交付給Knutsen NYk並享有10年合同的船隻，將支持對市場增長的信心。
Risks:
風險：
Potential near-term challenges in finding employment for uncontracted vessels like Dan Sabia and Hilda Knutsen in a competitive market.
在競爭激烈的市場中，像丹·薩比亞和希爾達·克努岑這樣未簽約的船隻在就業上可能面臨近期的挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。