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Cool Company Ltd. - CLCO STOCK NEWS

Welcome to our dedicated page for Cool Company Ltd. news (Ticker: CLCO), a resource for investors and traders seeking the latest updates and insights on Cool Company Ltd. stock.

Cool Company Ltd. (CLCO) is a leading player in the liquefied natural gas (LNG) shipping industry. Specializing in the acquisition, ownership, operation, and chartering of LNG carriers (LNGCs), Cool Company Ltd. is dedicated to ensuring the safe and efficient transportation of LNG across the globe.

The company is also engaged in the management of third-party fleets under management agreements, showcasing its expertise and reliability in the LNG shipping sector. Cool Company Ltd. takes pride in its state-of-the-art fleet and its commitment to maintaining the highest standards of safety and environmental performance.

Recently, Cool Company Ltd. has made significant strides in expanding its fleet and enhancing its operational capabilities. The company has entered into strategic partnerships and management agreements that further solidify its position in the market. Through continuous innovation and adherence to industry best practices, Cool Company Ltd. aims to provide unparalleled service to its clients.

Financially, Cool Company Ltd. remains robust, with consistent revenue growth and strong performance metrics. The company’s financial health is supported by long-term charter contracts, ensuring a steady stream of income and stability in a dynamic market.

Stay informed about the latest developments, performances, and events related to Cool Company Ltd. through our comprehensive news updates. Whether you are an investor, stakeholder, or industry enthusiast, our detailed insights and analyses provide valuable information to keep you updated on the company’s progress and market stance.

News

Key Information Relating to the Cash Dividend to Be Paid by Cool Company Ltd. (TICKER: CLCO)

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Hamilton, Bermuda announces dividend payment of $0.41 per share to VPS shareholders
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Cool Company Ltd. Q3 2023 Business Update

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Cool Company Ltd. (CoolCo) (Ticker: COOL) reported Q3 2023 total operating revenues of $92.9 million, a net income of $39.21 million, and an average Time Charter Equivalent Earnings (TCE) of $82,400 per day. The company declared a dividend of $0.41 per share for Q3 and entered into sale and leaseback financing arrangements for two state-of-the-art MEGA LNG carriers. Newbuild pricing remained elevated, providing significant support to long-term charter rates. The company is financially well-positioned with $1.5 billion of contracted revenue backlog and plans to maintain a long-term perspective in vessel chartering decisions to provide attractive returns and dividends for shareholders.
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-4.77%
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Cool Company Ltd. Announces Third Quarter 2023 Earnings Release Date

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Cool Company Ltd. (CLCO) will host a Third Quarter 2023 Earnings call and webcast presentation on November 28, 2023, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Investors section of the Company’s website. Sell-side analysts can raise questions during the Q&A session that will immediately follow the presentation. The event details for joining the webcast and teleconference are provided, and a replay of the event audio will be available for one year.
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1.19%
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News

Cool Company Ltd. and Huaxia Financial Leasing Co., Ltd. Agree Sale and Leaseback Financing for Newbuild Vessels

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Cool Company Ltd. and Huaxia Financial Leasing Co. have completed sale and leaseback financing arrangements for two newbuild vessels.
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-1.77%
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News

Cool Company Ltd – Notice of Annual General Meeting 2023 and Availability of Associated Materials

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COOL COMPANY Ltd. has scheduled its 2023 Annual General Meeting for November 29, 2023.
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Cool Company Ltd. – Notice of Annual General Meeting 2023

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Cool Company Ltd. announces 2023 Annual General Meeting on November 29, 2023 in Bermuda.
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Cool Company Ltd. - Ex Dividend

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Cool Company Ltd. shares to be traded ex dividend of $0.41 per share for Q2 2023.
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-0.65%
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Key Information Relating to the Cash Dividend to Be Paid by Cool Company Ltd. (Ticker: CLCO)

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Dividend payment information for shareholders registered in VPS
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-1.89%
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Cool Company Ltd. Q2 2023 Business Update

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CoolCo Q2 financial results: total operating revenues of $90.3M, net income of $44.6M, and adjusted EBITDA of $59.9M. Exercised option to acquire two newbuild LNG carriers. Bank approval for $70M increase in senior secured loan. Declared dividend of $0.41 per share. Positive outlook for LNG carrier market due to winter demand and tight supply/demand balance.
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-1.89%
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News

Cool Company Ltd. Announces First Half 2023 Earnings Release Date

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Cool Company Ltd. to host First Half 2023 Earnings call and webcast presentation on August 31, 2023.
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-1.38%
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FAQ

What is the current stock price of Cool Company Ltd. (CLCO)?

The current stock price of Cool Company Ltd. (CLCO) is $7.38 as of December 20, 2024.

What is the market cap of Cool Company Ltd. (CLCO)?

The market cap of Cool Company Ltd. (CLCO) is approximately 402.4M.

What does Cool Company Ltd. do?

Cool Company Ltd. specializes in the acquisition, ownership, operation, and chartering of LNG carriers and manages third-party fleets.

How does Cool Company Ltd. ensure safety in its operations?

The company maintains high safety standards and adheres to industry best practices to ensure the safe transportation of LNG.

What are some recent achievements of Cool Company Ltd.?

Cool Company Ltd. has expanded its fleet, enhanced operational capabilities, and entered into strategic partnerships.

How is Cool Company Ltd. performing financially?

The company exhibits consistent revenue growth, supported by long-term charter contracts and strong performance metrics.

What types of fleets does Cool Company Ltd. manage?

In addition to its own LNG carriers, Cool Company Ltd. manages third-party fleets under management agreements.

Who are the primary clients of Cool Company Ltd.?

The company serves a diverse client base, including energy companies, utility providers, and other stakeholders in the LNG supply chain.

Where does Cool Company Ltd. operate?

Cool Company Ltd. operates globally, ensuring the efficient transportation of LNG to various markets around the world.

What makes Cool Company Ltd. a leader in the LNG shipping industry?

The company's commitment to innovation, safety, and operational excellence positions it as a leader in the LNG shipping sector.

How can I stay updated on the latest news about Cool Company Ltd.?

You can stay informed by following the company’s news updates and detailed insights provided on platforms like StockTitan.

What is the stock symbol for Cool Company Ltd.?

The stock symbol for Cool Company Ltd. is CLCO.

Stock CLCO logo
Cool Company Ltd.

NYSE:CLCO

CLCO Rankings

#3281 Ranked by Market Cap
#308 Ranked by Dividends

CLCO Stock Data

402.41M
22.35M
58.39%
23.18%
1.28%
Oil & Gas Midstream
Energy
Link
United States of America
London