MetaCap

KNOT Offshore Partners (KNOP) vs South Bow (SOBO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

KNOT Offshore Partners (KNOP) has outperformed South Bow (SOBO) over the past year, gaining 21.4% versus a gain of 19.0%. South Bow is the larger company by market cap ($7.06 billion vs $358.7 million), about 19.7 times the size. On valuation, KNOT Offshore Partners trades at a lower forward P/E (14.9x vs 17.4x for South Bow).

South Bow offers the higher dividend yield (5.91% vs 1.71%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

KNOP+21.40%SOBO+19.03%
+38%+12%-14%
Oct 8, 20251 yearOct 8, 2026
KNOP+55.62%SOBO+53.26%
+79%+27%-24%
Sep 30, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

KNOP versus SOBO key metrics
MetricKNOPSOBO
Share price$10.38$33.84
Market cap$358.66M$7.06B
1-day change+0.39%+1.41%
YTD return+0.29%+23.19%
1-year return+21.40%+19.03%
5-year return-47.84%—
P/E ratio (TTM)74.1415.38
Forward P/E14.9417.43
EPS (TTM)$0.14$2.20
Dividend yield1.71%5.91%
Annual dividend$0.177$2.00
Revenue (latest FY)—$1.99B
Revenue growth (YoY)—-6.32%
Net income (latest FY)—$433.00M
Gross margin—84.24%
Net margin—21.80%
52-week high$11.78$39.02
52-week low$8.00$25.02
Distance from 52-week high-11.88%-13.27%
Analyst consensusstrong_buyhold
Avg. price target upside+39.69%+4.73%
Average volume44.36K618.51K
Shares outstanding33.66M208.59M
Employees1—
SectorEnergyEnergy
IndustryOil & Gas MidstreamOil & Gas Midstream

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • South Bow is about 19.7 times larger than KNOT Offshore Partners by market value ($7.06B vs $358.66M).
  • KNOT Offshore Partners trades at a higher earnings multiple (74.1x vs 15.4x trailing P/E).
  • South Bow offers a meaningfully higher dividend yield (5.91% vs 1.71%).

About KNOT Offshore Partners

KNOP stock →

KNOT Offshore Partners LP, together with its subsidiaries, acquires, owns, and operates shuttle tankers in the United Kingdom and Brazil. The company loads, transports, condensates, and discharges crude oil from offshore oil field installations to onshore terminals and refineries.

Energy · Oil & Gas Midstream · 1 employees

About South Bow

SOBO stock →

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other.

Energy · Oil & Gas Midstream

KNOP vs SOBO FAQ

Which is bigger, KNOT Offshore Partners or South Bow?

South Bow (SOBO) is larger, with a market capitalization of $7.06B compared with $358.66M for KNOT Offshore Partners (KNOP).

Which stock has performed better over the past year, KNOP or SOBO?

KNOP returned +21.40% over the past 12 months, compared with +19.03% for SOBO (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, KNOP or SOBO?

SOBO has the lower trailing P/E at 15.4, versus 74.1 for KNOP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, KNOT Offshore Partners or South Bow?

South Bow has the higher yield at 5.91%, compared with 1.71% for KNOT Offshore Partners.

Are KNOT Offshore Partners and South Bow in the same industry?

Yes. Both are classified in the Oil & Gas Midstream industry within the Energy sector.

More comparisons