CLCO
Cool CompanyCLCO
CLCO
About: Cool Co Ltd is a LNG shipping company. The company is engaged in the acquisition, ownership, operation and chartering of liquefied natural gas (LNG) carriers (LNGCs), and the operation of third party fleets under management agreements.
Employees: 1,647
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
26% more capital invested
Capital invested by funds: $107M [Q2] → $135M (+$27.5M) [Q3]
5.23% more ownership
Funds ownership: 17.04% [Q2] → 22.28% (+5.23%) [Q3]
5% less funds holding
Funds holding: 40 [Q2] → 38 (-2) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for CLCO.
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
Cool Company Ltd. - Increase in Share Capital
LONDON--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (the “Company”) announces that, following the recently announced issuance of shares related to the vesting of previously granted RSUs under the Company's Long-Term Incentive Plan (the “LTIP”), the Company's total number of issued shares has increased by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00. Full details of the LTIP are available in the Press Release iss.
Neutral
Seeking Alpha
1 month ago
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energy and Awilco LNG saw gains, indicating a mixed industry outlook.
Neutral
Seeking Alpha
1 month ago
Cool Company: Still Cool Despite The Dividend Cut
Recent weakness in day rates and dividend cuts caused a steep decline in Cool Company share price. CLCO reported stable quarterly revenues and EBITDA. Realized loss from derivatives trading impacted the company's bottom line. Despite recent dividend cuts and higher OPEX, CLCO's modern fleet and $1.1 billion backlog ensure revenue predictability and dividend safety.
Neutral
Business Wire
1 month ago
Cool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades
LONDON--(BUSINESS WIRE)--COOL COMPANY Ltd. (“CoolCo” or the “Company”) advised today that, pursuant to the Company's Long-Term Incentive Program (the “LTIP”), certain outstanding restricted stock units (“RSUs”) awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows: Richard Tyrrell: 2,232 shares Johannes Boots: 1,175 shares Following the aforementioned vesting of RSUs: Richard Tyrrell holds 8,545 shares, 8,341 RSUs, and.
Neutral
Business Wire
1 month ago
Cool Company Ltd - Ex-Dividend
LONDON--(BUSINESS WIRE)--The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.15 per share for the third quarter of 2024 as follows: - OSE: As of November 29, 2024 - NYSE: As of December 2, 2024 This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Neutral
Seeking Alpha
1 month ago
Cool Company Ltd. (CLCO) Q3 2024 Earnings Call Transcript
Cool Company Ltd. (NYSE:CLCO ) Q3 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Richard Tyrrell - CEO John Boots - CFO Conference Call Participants Frode Morkedal - Clarksons Securities Alexander Bidwell - Webber Research & Advisory Liam Burke - B.
Neutral
Business Wire
1 month ago
Cool Company Ltd.: 2024 AGM Results Notification
LONDON--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) advises that the 2024 Annual General Meeting of the Company was held on Thursday, November 21, 2024 at 1:00 pm (GMT) at Flemings Mayfair Hotel, Half Moon Suite, 7-12 Half Moon St, London W1J 7BH. The Meeting was presented with the audited consolidated financial statements for the year ended December 31, 2023 which were included in the Annual Report on Form 20-F. The following resolutions were passed: T.
Neutral
Business Wire
1 month ago
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”): Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, please note the information on the payment date to the shares registered in the VPS below. As of May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stoc.
Neutral
Business Wire
1 month ago
Cool Company Ltd. Q3 2024 Business Update
LONDON--(BUSINESS WIRE)--This release includes business updates and unaudited interim financial results for the three ("Q3", "Q3 2024" or the "Quarter") and nine months ("9M 2024") ended September 30, 2024 of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL). Q3 Highlights and Subsequent Events Generated total operating revenues of $82.4 million in Q3, compared to $83.4 million for the second quarter of 2024 ("Q2" or "Q2 2024"), due to three vessels undergoing scheduled drydoc.
Neutral
Zacks Investment Research
1 month ago
Cool Company Set to Report Q3 Earnings: What's in the Offing?
Low fuel costs are expected to have aided Cool Company's bottom-line performance in Q3.
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