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Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. It is calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days.
The historical rank and industry rank for KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:
KNOP's Average Time Charter Equivalent Rates (USD) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.
KNOT Offshore Partners LP (NYSE:KNOP) Average Time Charter Equivalent Rates (USD) Explanation
Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by first taking voyage revenues and subtracting voyage expenses, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.
The TCE is a way to describe chartering opportunities in a standardized way to make comparisons easier. It is used by cargo brokers in the shipping industry to present chartering opportunities to shipowners since chartering opportunities differ widely in potential revenues and costs.
KNOT Offshore Partners LP Average Time Charter Equivalent Rates (USD) Related Terms
KNOT Offshore Partners LP Average Time Charter Equivalent Rates (USD) Historical Data
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The historical data trend for KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
KNOT Offshore Partners LP Average Time Charter Equivalent Rates (USD) Chart
KNOP vs SMC, IMPP, TORO: Average Time Charter Equivalent Rates (USD) Comparison
For the Oil & Gas Midstream subindustry, KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD), along with its competitors' market caps and Average Time Charter Equivalent Rates (USD) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Average Time Charter Equivalent Rates (USD) of 0.00 mean?
KNOT Offshore Partners LP (KNOP) has a Average Time Charter Equivalent Rates (USD) of 0.00 as of . 20. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on KNOT Offshore Partners LP and its competitors.
Is KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD) too high?
KNOT Offshore Partners LP's current Average Time Charter Equivalent Rates (USD) is 0.00. Overall, KNOT Offshore Partners LP has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD) compare to SMC and IMPP?
KNOT Offshore Partners LP's Average Time Charter Equivalent Rates (USD) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Average Time Charter Equivalent Rates (USD) for an Oil & Gas company?
A good Average Time Charter Equivalent Rates (USD) depends on the Oil & Gas industry context. However, Average Time Charter Equivalent Rates (USD) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Average Time Charter Equivalent Rates (USD) mean?
A high Average Time Charter Equivalent Rates (USD) can signal that a stock is expensive relative to its fundamentals. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on KNOT Offshore Partners LP and its competitors. KNOT Offshore Partners LP's current Average Time Charter Equivalent Rates (USD) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KNOT Offshore Partners LP stock overvalued right now?
Based on GuruFocus' analysis, KNOT Offshore Partners LP (KNOP) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.14, compared to a current price of $11.25 — trading 38.2% above its estimated fair value. The current Average Time Charter Equivalent Rates (USD) is 0.00. KNOT Offshore Partners LP's overall GF Score™ is 55/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Average Time Charter Equivalent Rates (USD) calculated?
Average Time Charter Equivalent Rates (USD) is calculated from a company's financial statements. For KNOT Offshore Partners LP (KNOP), the current Average Time Charter Equivalent Rates (USD) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is KNOT Offshore Partners LP (KNOP) Overvalued in 2026?
Based on GuruFocus' analysis, KNOT Offshore Partners LP stock appears to be overvalued.
The current stock price of $11.25 is trading 38.2% above its estimated GF Value™ of $8.14.
GuruFocus considers KNOT Offshore Partners LP to be Significantly Overvalued.
Key valuation signals for KNOP:
Average Time Charter Equivalent Rates (USD): 0.00
GF Value™: $8.14 vs. price of $11.25 (38.2% above fair value)
No single metric tells the full story. See the KNOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.
55GF Score
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