Cool Company Ltd. (CLCO)
| Market Cap | 595.85M |
| Revenue (ttm) | 343.52M |
| Net Income (ttm) | 123.54M |
| Shares Out | 53.70M |
| EPS (ttm) | 2.30 |
| PE Ratio | 4.82 |
| Forward PE | 7.41 |
| Dividend | $1.64 (14.79%) |
| Ex-Dividend Date | Sep 9, 2024 |
| Volume | 248,728 |
| Open | 11.30 |
| Previous Close | 11.32 |
| Day's Range | 11.07 - 11.30 |
| 52-Week Range | 10.07 - 13.94 |
| Beta | -1.04 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 26, 2024 |
About CLCO
Cool Company Ltd. engages in the acquisition, ownership, operation, and chartering of liquefied natural gas carriers (LNGCs). As of December 31, 2023, it owned a fleet of eleven LNGCs, including seven modern tri-fuel diesel electric vessels; two modern 2-stroke and two TFDE vessels; and managed 17 LNGCs and floating storage and regasification units for third parties. The company was founded in 1970 and is based in London, the United Kingdom. [Read more]
Financial Performance
In 2023, Cool Company's revenue was $361.38 million, an increase of 73.72% compared to the previous year's $208.03 million. Earnings were $174.73 million, an increase of 86.80%.
Financial StatementsNews
LNG Shipping Stocks: Cautiously Optimistic For Growth Ahead
UPI index declined by 0.89% last week, while the S&P 500 gained 1.11%, highlighting a challenging period for LNG shipping stocks. Despite the lack of significant news, long-term contracts averaging $8...
Cool Company: My Favorite LNG Stock As An Income Generator
Cool Company's long-term contracts provide revenue visibility, with a $1.8 billion backlog. Tiger and Panther will join the CLCO fleet in the coming months, boosting the company's profitability. The c...
Cool Company Ltd – Notice of Annual General Meeting 2024 and Availability of Associated Materials
LONDON--(BUSINESS WIRE)--COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) has scheduled its 2024 Annual General Meeting for November 21, 2024. A copy of the Notice of Annual General Meeting an...
Cool Company Ltd - Ex-Dividend
LONDON--(BUSINESS WIRE)--The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the second quarter of 2024 as follows: - OSE: As of September 6, 2024 ...
Cool Company: Is The 13.7% Yield Post-Q2 Worth Grabbing?
Cool Company reported Q2 2024 revenues of $83.4 million, driven by strategic long-term charters and efficient fleet management, despite some operational challenges. The company's fleet modernization, ...
Cool Company Ltd. (CLCO) Q2 2024 Earnings Call Transcript
Cool Company Ltd. (NYSE:CLCO) Q2 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Richard Tyrrell - CEO John Boots - CFO Conference Call Participants Alexander Bidwell - ...
Key Information Relating to the Cash Dividend to Be Paid by Cool Company Ltd
LONDON--(BUSINESS WIRE)--Cool Company Ltd (NYSE: CLCO / CLCO.OL) - Note to shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (the “VPS”):...
Cool Company Ltd. Q2 2024 Business Update
LONDON--(BUSINESS WIRE)--This release includes business updates and unaudited interim financial results for the three ("Q2", "Q2 2024" or the "Quarter") and six months (“1H 2024") ended June 30, 2024 ...
Cool Company Ltd – Notice of Annual General Meeting 2024
LONDON--(BUSINESS WIRE)--COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) advises that its 2024 Annual General Meeting will be held on November 21, 2024 in London. The record date for voting a...
Cool Company Ltd. Announces First Half 2024 Earnings Release Date
LONDON--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a First Half 2024 Earnings call and webcast presentation on Thursday, August 29, 2024, at 8:00 A....
Cool Company: Keep Your Wallet Warm With A 14% Yield
Cool Company operates a fleet of 11 LNG vessels and has two new build vessels on the way. The LNG market is rapidly expanding, running the risk of an oversupplied condition in the shipping market. Coo...
LNG Shipping Stocks: Summer Season Is Near
UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching,...
Cool Company Ltd. - Ex-Dividend
LONDON--(BUSINESS WIRE)--The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the first quarter of 2024 as follows: - OSE: As of May 30, 2024 - NYSE...
Cool Company Ltd. (CLCO) Q1 2024 Earnings Call Transcript
Cool Company Ltd. (NYSE:CLCO) Q1 2024 Earnings Conference Call May 22, 2024 8:00 AM ET Company Participants Richard Tyrrell - CEO John Boots - CFO Conference Call Participants Frode Morkedal - Clarks...
Key Information Relating to the Cash Dividend to Be Paid by Cool Company Ltd. (TICKER: CLCO)
LONDON--(BUSINESS WIRE)--Note to shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (the “VPS”): Due to implementation of the Central Secu...
Cool Company Ltd. Q1 2024 Business Update
LONDON--(BUSINESS WIRE)--This release includes business updates and unaudited financial results for the three months ended March 31, 2024 ("Q1", "Q1 2024" or the "Quarter") of Cool Company Ltd. ("Cool...
CoolCo Enters Into a Long-Term Charter With GAIL (India) Limited for Newbuild LNG Carrier
LONDON--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) announced today that it has entered into a 14-year Time Charter Party with GAIL (India) Limited (“GAIL”) fo...
Cool Company Ltd. Announces First Quarter 2024 Earnings Release Date
HAMILTON, Bermuda--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a First Quarter 2024 Earnings call and webcast presentation on Wednesday, May 22, 2024...
Cool Company: Quality Fleet, 73% PNAV, And 14.7% Yield; Rating Unchanged
The LNG demand is poised to grow with 110 MTPA over the next 24 months. LNG carriers equipped with the last generation propulsion will command significantly higher TCE. CLCO delivered excellent result...
Cool Company Ltd. - Announcement Of Filing Of Form 20-F Annual Report
HAMILTON, Bermuda--(BUSINESS WIRE)--Cool Company Ltd. (“CoolCo” or the “Company”) announces that it has filed its Form 20-F for the year ended December 31, 2023 with the Securities and Exchange Commis...
Cool Company Ltd. - Ex Dividend
HAMILTON, Bermuda--(BUSINESS WIRE)--The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the fourth quarter of 2023 as of today, March 8, 2024. This...
Cool Company Ltd. (CLCO) Q4 2023 Earnings Call Transcript
Cool Company Ltd. (CLCO) Q4 2023 Earnings Call Transcript
Cool Company Ltd. Q4 2023 Business Update
HAMILTON, Bermuda--(BUSINESS WIRE)--This release includes business and financial updates for the three ("Q4", "Q4 2023" or the "Quarter") and twelve months ("FY 2023") ended December 31, 2023 of Cool ...
Cool Company Ltd. Announces Fourth Quarter, Full Year 2023 Earnings Release Date
HAMILTON, Bermuda--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a Fourth Quarter and Full Year 2023 Earnings call and webcast presentation on Wednesda...