News

LNG Shipping Stocks: Preparation For A Bullish Move

  • LNG Shipping Stocks: Preparation For A Bullish Move
    05/07/2024

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 results in 2023: 55% YoY EBITDA growth and 53% YoY operating cash flow growth. For 2023, CLCO pays $1.64/share, resulting in a 14.7% TTM yield. CLCO maintains an adequate capital structure: 132% total debt/equity and 60% total liabilities/total assets. The company holds $133 million cash and owes $1,066 million total debt.
    04/09/2024
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Cool Company Ltd. (CLCO) can hold. Click on Rating Page for detail.

The price of Cool Company Ltd. (CLCO) is 11.62 and it was updated on 2024-05-09 13:00:35.

Currently Cool Company Ltd. (CLCO) is in undervalued.

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News

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 Wednesday, February 28, 2024, 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 Presentations and Webcasts subsection of the Investors section of the Company's website at www.coolcoltd.com. We recommend that participants join the conference c.
    Thu, Feb. 22, 2024

Cool Company: My Favorite LNG Play At An Attractive Price Of 68% P/NAV

  • Cool Company is an LNG pure play with a small fleet of 11 vessels and two more expected to be delivered in 2H2024. CLCO has 129% total debt to equity, 4.0 total debt to EBITDA, and 3.3 EBITDA/Interest expenses. It delivers 78% Gross margin, 70.9% EBITDA margin, and 29.4% ROE. CLCO trades at 68% P/NAV while paying dividends with a 14.4% FWD yield. Cool Co is my favorite LNG play, and my verdict is a strong buy.
    Fri, Feb. 16, 2024

Another Great Quarter And Year For LNG Shippers

  • Another Great Quarter And Year For LNG Shippers
    Mon, Jan. 15, 2024

Cool Company: Value Investing In LNG Shipping Sector

  • A solid value stock in the LNG maritime sector with 29% upside potential, led both by valuation and industry peer comparison, valuation ratios are at least 26% lower. LNG demand remains strong, led by emerging markets and Europe's shift from Russian gas. Europe is expected to expand its regasification capacity by nearly 48% by 2030, reaching a capacity of >294 mtpa. China's imports are gradually increasing.
    Tue, Dec. 19, 2023

Cool Company Ltd. (CLCO) Q3 2023 Earnings Call Transcript

  • Cool Company Ltd. (NYSE:CLCO ) Q3 2023 Earnings Conference Call November 28, 2023 8:00 AM ET Company Participants Richard Tyrrell - Chief Executive Officer John Boots - Chief Financial Officer Conference Call Participants Frode Morkedal - Clarksons Securities Liam Burke - B.
    Tue, Nov. 28, 2023
SEC Filings
SEC Filings

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 09/15/2023

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 09/14/2023

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 08/31/2023

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 03/22/2023

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 03/16/2023

Cool Company Ltd. (CLCO) - SEC STAFF ACTION

  • SEC Filings
  • 03/14/2023

Cool Company Ltd. (CLCO) - 6-K - Current report

  • SEC Filings
  • 03/14/2023

Cool Company Ltd. (CLCO) - 20FR12B/A

  • SEC Filings
  • 03/07/2023
Press Releases
StockPrice Release

Cool company ltd. - announcement of filing of form 20-f annual report

  • 03/28/2024

Cool company ltd. - ex dividend

  • 03/08/2024

Key information relating to the cash dividend to be paid by cool company ltd. (ticker: clco)

  • 02/28/2024

Cool company ltd. q4 2023 business update

  • 02/28/2024

Cool company ltd. announces fourth quarter, full year 2023 earnings release date

  • 02/22/2024

Cool company ltd. - increase in share capital

  • 02/22/2024

Cool company ltd. announces time charter

  • 02/07/2024

Cool company ltd. - ex dividend

  • 12/06/2023

Cool company ltd.: granting of share options and restricted stock units to primary insiders and mandatory notification of trades

  • 12/01/2023

Cool company ltd.: 2023 agm results notification

  • 11/29/2023

Key information relating to the cash dividend to be paid by cool company ltd. (ticker: clco)

  • 11/28/2023

Cool company ltd. q3 2023 business update

  • 11/28/2023

Cool company ltd. announces third quarter 2023 earnings release date

  • 11/21/2023

Cool company ltd. and huaxia financial leasing co., ltd.

  • 10/18/2023

Cool company ltd – notice of annual general meeting 2023 and availability of associated materials

  • 09/29/2023

Cool company ltd. – notice of annual general meeting 2023

  • 09/15/2023

Cool company ltd. - ex dividend

  • 09/08/2023

Key information relating to the cash dividend to be paid by cool company ltd. (ticker: clco)

  • 08/31/2023

Cool company ltd. q2 2023 business update

  • 08/31/2023

Cool company ltd. announces first half 2023 earnings release date

  • 08/23/2023

Coolco announces exercise of purchase option for two 2-stroke lng carrier newbuilds

  • 06/28/2023

Coolco announces expansion of bank facility to fund recently announced lnge conversion upgrades

  • 06/28/2023

Hd hyundai global service signs contract with coolco for lng boil-off reliquefaction unit retrofit

  • 06/06/2023

Cool company ltd. - ex dividend

  • 05/31/2023

Key information relating to the cash dividend to be paid by cool company ltd. (ticker: clco)

  • 05/23/2023

Cool company ltd. q1 2023 business update

  • 05/23/2023

Cool company ltd. announces multi-year forward time charter

  • 05/17/2023

Cool company ltd. announces first quarter 2023 earnings release date

  • 05/16/2023

Cool company ltd. - announcement of filing of form 20-f annual report

  • 04/21/2023

Completion of previously announced sale of the golar seal pursuant to an agreement dated february 20, 2023

  • 03/22/2023

Completion of reregistration process, ticker change, and conclusion of trading suspension on euronext growth oslo and commencement of trading on the nyse

  • 03/16/2023

Sale of the golar seal

  • 02/20/2023
More Headlines
News

Cool Company Ltd. Announces Third Quarter 2023 Earnings Release Date

  • HAMILTON, Bermuda--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) will host a Third Quarter 2023 Earnings call and webcast presentation on Tuesday, 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 Presentations and Webcasts subsection of the Investors section of the Company's website at www.coolcoltd.com. We recommend that participants join the conference call via the list.
  • 11/21/2023

The Third Quarter Showed The Hidden Power Of LNG Shippers

  • The LNG shipping sector strengthened in Q3, gaining 1.74% while the S&P 500 index lost 2.52%. UPI outperformed SPX with bigger gains and lower volatility. Japan's "K" line had double-digit returns in both Q2 and Q3, while Excelerate Energy experienced a decline.
  • 11/06/2023

The Dividend Investor's Natural Gas Export Playbook - Part 4

  • US natural gas exports are expected to increase from 14 BCF/d to over 26.5 BCF/day by 2030, alongside similar projects in Qatar and Australia. Natural Gas carriers FLEX LNG and Cool Company offer high cash flows and dividends thanks to rising shipping rates. The LNG shipping market will dramatically expand over the next three years as 270 new vessels and multiple export terminals enter service during that time.
  • 11/03/2023

Cool Company: Discounted But With Strong Fundamentals

  • Liquified natural gas continues to grow despite the rise of renewable energy sources. Cool Company operates LNG carriers and is well-positioned to benefit from the increasing demand for LNG. CLCO has an appealing valuation with a low earnings multiple and strong earnings growth potential, making it a buy.
  • 09/18/2023

Cool Company: Rising LNG Demand Should Accelerate The Growth

  • CLCO owns and operates fuel-efficient LNG carriers, providing essential supply chain support to the energy industry. I believe it can sustain this dividend for the next two quarters as well, which makes the annual dividend $1.64, representing a dividend yield of 11.95%. After comparing the forward P/S ratio of 1.55x with the sector median of 1.57x, we can say that the company is undervalued.
  • 09/16/2023

What Makes Cool Company Ltd. (CLCO) a Good Fit for 'Trend Investing'

  • Cool Company Ltd. (CLCO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks.
  • 09/07/2023

Cool Company Limited (CLCO) Q2 2023 Earnings Call Transcript

  • Cool Company Limited (NYSE:CLCO ) Q2 2023 Results Conference Call August 31, 2023 8:00 AM ET Company Participants Richard Tyrrell - CEO Johannes Boots - CFO Conference Call Participants Chris Tsung - Webber Research Liam Burke - B. Riley Frode Morkedal - Clarksons Securities Operator Good morning ladies and gentlemen, and welcome to the Cool Company Limited First Half 2023 Business Update Call.
  • 08/31/2023

Cool Company Ltd. Announces First Half 2023 Earnings Release Date

  • --(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) will host a First Half 2023 Earnings call and webcast presentation on Thursday, August 31, 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 Webcasts and Presentations subsection of the Investors section of the Company's website at www.coolcoltd.com. We recommend that participants join the conference call via the listen-only live webcast.
  • 08/23/2023

The Second Quarter Provided LNG Shippers With A Stable Base Of Growth

  • The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and takeovers, and investors maintaining faith in the sector's potential. The worst part of the year for LNG shippers is over, and positive expectations for the upcoming winter season could impact the UPI, potentially pushing it to cross the 155 mark in Q2.
  • 07/20/2023

Cool Company Ltd. Announces First Quarter 2023 Earnings Release Date

  • Cool Company Ltd. will host a Q1 2023 Business Update call and webcast presentation on Tuesday, May 23, 2023, at 2:00P.M. Oslo time (1:00P.M. London; 8:00A.M. New York). The presentation will be available to download from the Webcasts and Presentations subsection of the Investors section of the company website at www.coolcoltd.com
  • 05/16/2023

Cool Company: Will High TCE Rates Bring Advantage For Investors?

  • Cool Company is an LNG shipping company founded by Golar LNG and Eastern Pacific Shipping. CLCO fixed high TCE rates, has TFDE vessels, and paid the first-ever dividend for Q4-22.
  • 03/15/2023
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