Welcome to our dedicated page for Cool Co news (Ticker: CLCO), a resource for investors and traders seeking the latest updates and insights on Cool Co stock.
Cool Company Ltd. ("CoolCo"), formerly listed under the symbol CLCO on the New York Stock Exchange and Euronext Growth Oslo, has generated a steady flow of corporate, financial, and transactional news. As a pure play LNG carrier company with a 13-vessel fleet and a portfolio of short- and long-term charters, its disclosures have covered operational performance, financing activities, and major strategic decisions.
News items for CLCO include quarterly and interim business updates that summarize operating revenues, net income, time charter equivalent earnings, and fleet utilization. These releases often discuss drydocks, LNGe upgrades for specific vessels, and the commencement of new fixed-rate and floating-rate charters, giving readers insight into how CoolCo manages employment for its LNG carriers and invests in performance enhancements.
CoolCo’s announcements also highlight financing and capital structure developments. Press releases and accompanying Form 6-K filings describe interest rate swap agreements used to hedge portions of its floating-rate debt, the use of revolving credit and term loan facilities, and sale and leaseback arrangements for vessels such as Kool Tiger and GAIL Sagar. In addition, the company reported on a share repurchase program, including the number of shares repurchased and the subsequent termination of the program following the signing of a merger agreement.
A significant portion of recent CLCO news relates to its merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd. Coverage includes the announcement of an agreement in principle, the execution of the Agreement and Plan of Merger, the establishment of record dates and meeting dates for a special general meeting of shareholders, and the final completion of the transaction. These items detail the $9.65 per share cash consideration, the role of an independent special committee, shareholder approval of the merger proposal, and CoolCo’s expectation of delisting and deregistration.
For investors and researchers, the CLCO news stream serves as a historical record of CoolCo’s operations as a public LNG carrier company, its fleet and charter developments, and the steps leading to its acquisition by EPS Ventures Ltd. and transition to private ownership.
Cool Company (NYSE: CLCO) announced completion of its cash merger with a newly formed, wholly owned subsidiary of EPS Ventures, effective after registration in the Bermuda Registrar of Companies. CoolCo is now wholly owned by EPS and its subsidiaries. Eligible holders registered in Euronext Securities Oslo (VPS) and listed on Euronext Growth Oslo as of the close of business on Jan 8, 2026 will receive the Norwegian kroner equivalent of $9.65 per share, as recorded on the VPS payment record date of Jan 12, 2026, with payment expected on or about Jan 14, 2026. NYSE-listed holders (outside VPS) will receive consideration via DTC. CoolCo expects delisting from NYSE and Euronext Growth Oslo and intends to file a Form 15-F to terminate SEC registration and reporting.
Cool Company (NYSE: CLCO) has scheduled a special shareholder meeting for January 6, 2026 at 1:00 PM GMT to vote on a previously announced proposed merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd.
Shareholders of record at the close of business on December 16, 2025 are entitled to notice and to vote. The company said the notice, proxy card and related materials will be distributed to shareholders and made available on www.sec.gov and the company website.
Cool Company (NYSE: CLCO) set an updated record date of December 16, 2025 for a special shareholder meeting to vote on the previously announced proposed merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd.
The special meeting date will be announced later; shareholders of record at the close of business on December 16, 2025 will receive notice and be eligible to vote. A notice and related materials will be distributed by normal methods and posted on www.sec.gov and the company website.
Cool Company (CLCO) announced that certain restricted stock units (RSUs) awarded in 2022, 2023 and 2025 vested on November 30, 2025 under the company's Long-Term Incentive Program.
Vesting details: Richard Tyrrell received 7,812 RSUs (including 797 with accrued dividend equivalents) and Johannes Boots received 4,165 RSUs (including 418 with accrued dividend equivalents). Vested RSUs will be settled in cash at $9.65 per share.
Post-settlement holdings: After the cash settlement, Richard Tyrrell holds 8,545 shares, 15,730 RSUs and 371,227 options; Johannes Boots holds 1,764 shares, 8,458 RSUs and 123,742 options. Contact details and reference to LTIP documentation were provided.
Cool Company Ltd (CLCO) reported Q3 2025 and 9M 2025 unaudited results and a signed merger agreement with EPS. Key Q3 metrics: total operating revenues $86.3M, net income $10.85M, adjusted EBITDA $52.6M, and average daily TCE $70,500. Fleet utilization was 91%; two vessels completed drydocks and one received LNGE upgrades. At September 30, 2025 cash was $117.6M and total contractual debt was $1,387.8M. EPS agreed to acquire remaining public shares for $9.65 cash per share; closing expected Q4 2025 or Q1 2026, subject to shareholder approval, with subsequent delisting from NYSE and Euronext Growth Oslo.
Cool Company (NYSE: CLCO) has set a record date of November 13, 2025 for a special shareholder meeting to vote on the previously announced proposed merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd.
Shareholders of record at the close of business on November 13, 2025 will be entitled to receive notice and vote at the special meeting; the meeting date will be announced later. Meeting materials and the notice will be distributed by normal methods and made available on www.sec.gov and http://www.coolcoltd.com.
Cool Company Ltd. (CLCO) has entered into a definitive merger agreement with EPS Ventures Ltd, where EPS will acquire all outstanding shares of CoolCo not already owned by EPS for $9.65 per share in cash. The transaction represents a 26% premium to CoolCo's September 22 closing price and a 38% premium to the 90-day volume-weighted average price.
The merger, unanimously approved by CoolCo's independent Special Committee and Board of Directors, will take the company private. EPS currently owns 59.3% of CoolCo's shares and has committed to vote in favor of the transaction. The deal is expected to close between Q4 2025 and Q1 2026, subject to shareholder approval and customary closing conditions.
CoolCo (NYSE:CLCO) has entered into advanced discussions with EPS Ventures Ltd regarding a potential acquisition of all outstanding CoolCo shares not already owned by EPS. The proposed transaction values CoolCo at $9.65 per share in cash, representing a 26% premium to the September 22 closing price and a 38% premium to the 90-day volume-weighted average price.
EPS currently owns 59.3% of CoolCo's common shares and plans to acquire the remaining stake through a cash merger. Upon completion, CoolCo would become wholly owned by EPS and seek delisting from NYSE and Euronext Growth Oslo. The transaction is expected to close in Q4 2025 or Q1 2026, subject to shareholder approval and customary closing conditions.
Cool Company Ltd. (CLCO) reported solid Q2 2025 financial results with total operating revenues of $85.5 million, consistent with Q1 2025. Net income increased to $11.9 million in Q2 from $9.1 million in Q1, while Adjusted EBITDA rose to $56.5 million from $53.4 million.
The company achieved average Time Charter Equivalent earnings of $69,900 per day in Q2. Notable developments include hedging $300.0 million of floating rate debt, initiating a share repurchase program with 858,689 shares bought at an average price of $5.77, and completing strategic vessel drydocks.
The LNG market outlook remains positive, with global LNG production expected to reach 460 MTPA by end-2025, a 12% increase from 2024. The company maintains strong fleet utilization at 94% and has secured new charter agreements, including a three-year floating-rate charter for one vessel.
Cool Company Ltd. (NYSE: CLCO) has scheduled its First Half 2025 Earnings conference call and webcast for Thursday, August 28, 2025, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London.
The company will make the presentation materials available in the Investors section of their website at www.coolcoltd.com. Participants are encouraged to join via the listen-only webcast, while sell-side analysts can participate in the Q&A session through teleconference dial-in options. The Q&A session will be limited to two questions per participant.
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