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

10.63

Mkt cap

558M

Volume

176K

High

10.63

P/E Ratio

4.52

52-wk high

13.94

Low

10.33

Div yield

0.16

52-wk low

9.77

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

CoolCo (NYSE: CLCO) has entered into a 14-year charter agreement with GAIL (India) Limited for a newbuild LNG carrier, increasing its total revenue backlog to almost $1.9 billion as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:42 pm

The article lists companies scheduled to report their earnings on February 28, 2024, including their expected earnings per share and revenue. It covers a wide range of sectors and provides a comprehensive overview of the financial performance expectations for these companies.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:24 am

Cool Co (NYSE:CLCO) reported Q4 sales of $97.14M, surpassing the $92.82M estimate, marking a 7.63% increase from last year's $90.25M. However, net income fell to $22.415M from $33.07M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:40 am

Cool Company Ltd. (NYSE:CLCO) announced an increase in its total number of issued shares by 14,384 to 53,702,846 due to the vesting of previously granted RSUs under its Long-Term Incentive Plan. Each share has a nominal value of USD 1.00. This follows a press release issued on November 25, 2022, and is detailed in the Company's 2022 Annual Report on Form 20-F filed with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:36 pm

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