Streetbeat News

CLCO

Cool Company Ltd.

https://www.coolcoltd.com

Industry

Marine Shipping

Cool Company Ltd. engages in the ownership, operation, and management of liquefied natural gas carriers (LNGCs) that provides supply chain support solutions for energy industry. The company owns and operates a fleet of LNGCs, including tri-fuel diesel electric vessels; and floating storage and regasification units for third parties. Cool Company Ltd. was incorporated in 2018 and is headquartered in Hamilton, Bermuda.

Open

10.83

Mkt cap

578M

Volume

286K

High

10.86

P/E Ratio

4.68

52-wk high

13.75

Low

10.62

Div yield

0.15

52-wk low

9.77

Cool Company Ltd. (NYSE:CLCO) held its Q3 2024 earnings conference call on November 21, 2024. The call featured company executives and analysts discussing the company's financial performance.

Portfolio Pulse from

November 22, 2024 | 1:00 am

Cool Company Ltd. (NYSE:CLCO) reported its Q3 2024 business update, showing a slight decrease in operating revenues to $82.4 million from $83.4 million in Q2 2024, attributed to scheduled drydock of three vessels.

Portfolio Pulse from

November 21, 2024 | 6:15 am

Cool Company is set to report its Q3 earnings, with expectations that low fuel costs have positively impacted its bottom-line performance.

Portfolio Pulse from

November 19, 2024 | 4:30 pm

Cool Company Ltd. has announced the corrected date for its Third Quarter 2024 earnings call and webcast presentation, which will now take place on November 21, 2024.

Portfolio Pulse from

November 15, 2024 | 9:30 pm

Marvell Technology's shares rose 6.1% after reporting better-than-expected sales, contributing to a positive day for U.S. stocks. Other notable gainers included MongoDB, Intel, and MINISO Group, each experiencing significant stock price increases due to strong financial results or strategic developments.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 2:15 pm

Cool Co shares rise as the company reports better-than-expected Q2 sales.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 11:54 am

Cool Co (NYSE:CLCO) reported Q2 sales of $83.372 million, slightly beating the estimate of $83.333 million. However, sales decreased by 7.69% compared to last year, and net income dropped to $26.478 million from $44.646 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:24 am

Oil and gas stocks are declining due to supply disruptions in Libya, weak demand in China, and unexpected inventory data.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:47 pm

Deckers Outdoor Corporation (NYSE:DECK) reported significantly better-than-expected quarterly earnings, leading to a sharp rise in its stock price. Other notable gainers include Merus N.V. (NASDAQ:MRUS), Magnite, Inc. (NASDAQ:MGNI), Oklo Inc. (NYSE:OKLO), Guardant Health, Inc. (NASDAQ:GH), CI&T Inc. (NYSE:CINT), Azul S.A. (NYSE:AZUL), Ross Stores, Inc. (NASDAQ:ROST), ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), Cool Company Ltd. (NYSE:CLCO), PDD Holdings Inc. (NASDAQ:PDD), and Gannett Co., Inc. (NYSE:GCI).

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 2:12 pm

Cool Co (NYSE:CLCO) reported Q1 sales of $88.125 million, missing the analyst consensus estimate of $86.500 million. Net income was $36.812 million, down from $70.132 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 5:11 am

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