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

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

The article highlights the top 5 oversold energy stocks that may see significant growth in February. These stocks, identified by their low Relative Strength Index (RSI) values, include Vertex Energy, Inc. (VTNR), Cool Company Ltd. (CLCO), Empire Petroleum Corporation (EP), ENGlobal Corporation (ENG), and Hallador Energy Company (HNRG). Each company's recent financial moves, stock performance, and RSI values are discussed, suggesting potential for short-term recovery.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 12:52 pm

Leslie's, Inc. reported mixed Q4 results with revenue exceeding estimates but earnings per share falling short, causing a 15% pre-market drop. Verve Therapeutics announced a public offering and private placement, leading to an 11.2% pre-market decline. Cabaletta Bio continued to fall after FDA concerns over CAR T cell therapies. Okta disclosed a data breach affecting all support system users. Cool Company reported Q3 results, contributing to a pre-market dip. Las Vegas Sands announced a stock offering by its principal stockholder. Philips faced FDA safety concerns with its CPAP machines. Farfetch delayed its Q3 financial results announcement.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 10:48 am

SenesTech, Inc. (NASDAQ:SNES) shares plummeted by approximately 50% after announcing the pricing of a $5.0 million public offering at $1.30 per share with additional warrants. The stock dropped to $0.9189. Other stocks experienced significant movements, with gainers including IceCure Medical Ltd (ICCM), RedHill Biopharma Ltd. (RDHL), and HNR Acquisition Corp (HNRA), among others. Losers included Tharimmune, Inc. (THAR), Cabaletta Bio, Inc. (CABA), and Acelyrin, Inc. (SLRN), with Tharimmune's shares falling sharply after pricing its public offering at $1 per share.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 7:44 pm

Cool Company Ltd. (CLCO) reported an increase in Q3 sales to $92.9M from $65.83M YoY, and a rise in net income to $39.17M from $36.77M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:46 pm

Zscaler, Inc. (NASDAQ:ZS) reported positive Q1 results and provided strong FY24 guidance, appointing new chief revenue officer and president of global sales, Mike Rich, and chief marketing officer, Joyce Kim. Despite this, Zscaler shares dropped 6.3% in pre-market trading. Other stocks experiencing pre-market losses include argenx SE (NASDAQ:ARGX), Cool Company Ltd. (NYSE:CLCO), AMTD Digital Inc. (NYSE:HKD), MorphoSys AG (NASDAQ:MOR), Edwards Lifesciences Corporation (NYSE:EW), and UiPath Inc. (NYSE:PATH).

Portfolio Pulse from Lisa Levin

November 28, 2023 | 10:47 am

Earnings reports are scheduled for November 28, 2023, for multiple companies. Notable reports include Elbit Systems with expected earnings of $1.70 per share, PDD Holdings at $1.19 per share, and CrowdStrike Holdings at $0.74 per share. Other companies like Uxin, Canaan, and Nano X Imaging are anticipated to report losses. The earnings announcements cover various sectors and could influence stock performance in the short term.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:33 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.