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Cool Company Ltd. - $CLCO STOCK NEWS

Welcome to our dedicated page for Cool Company Ltd. news (Ticker: $CLCO), a resource for investors and traders seeking the latest updates and insights on Cool Company Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cool Company Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cool Company Ltd.'s position in the market.

Rhea-AI Summary
Cool Company filed its Form 20-F for the year ended December 31, 2023 with the SEC, offering easy access to shareholders for download or hard copy request.
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0.54%
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Rhea-AI Summary
Cool Company Ltd. (CLCO) announces a dividend of $0.41 per share for the fourth quarter of 2023, impacting trading as of March 8, 2024.
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-2.52%
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Rhea-AI Summary
CLCO announces dividend payment details for shareholders registered in Euronext Securities Oslo. Dividend amount of $0.41 per share in USD, payable in NOK. Important dates include ex-date on March 8, 2024, and payment date on or before March 22, 2024.
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End-of-Day
-0.95%
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dividends
Rhea-AI Summary
Cool Company Ltd. (CLCO) reports Q4 2023 financial highlights, with total operating revenues of $97.1 million and net income of $22.41 million. The company achieved an average TCE of $87,300 per day and generated Adjusted EBITDA of $69.4 million. CoolCo announced sale and leaseback financing arrangements for MEGA LNG carriers and received commitments to upsize existing term loan facilities. The company declared a dividend of $0.41 per share for Q4 and has a backlog of $1.4 billion in contracted revenue. CoolCo's CEO commented on strong operational performance and future growth expectations.
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End-of-Day
-0.95%
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Rhea-AI Summary
Cool Company Ltd. (CLCO) to host Fourth Quarter and Full Year 2023 Earnings call and webcast presentation on February 28, 2024. Participants can access the presentation and join the conference call via the Company's website. Sell-side analysts can ask questions during the Q&A session following the presentation.
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0.6%
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Rhea-AI Summary
Cool Company Ltd. (CLCO) announces an increase in issued shares by 14,384 to 53,702,846 due to the vesting of RSUs under the Long-Term Incentive Plan. Each share now has a nominal value of USD 1.00. Details available in the 2022 Annual Report. Contact for more information: +44 207 659 1111 / ir@coolcoltd.com.
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0.6%
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Rhea-AI Summary
Cool Company Ltd. (NYSE: CLCO / CLCO.OL) has entered into a 12-month time charter agreement for one of its TFDE vessels with Santos Shipping Singapore Pte Ltd. The vessel is expected to undergo an upgrade to LNGe specifications during the charter period, including reliquefaction capability, air lubrication systems, and other optimizations to enhance efficiency and reduce emissions. The charter includes an innovative mechanism to reward both the charterer and CoolCo, taking the fleet utilization to 100% until the end of the second quarter. The total operating revenue guidance for 1Q24 is $88-89 million and $84-85 million for 2Q24, subject to no technical off-hire. The anticipated lower revenue range in 2Q24 is primarily due to off-hire during a scheduled drydock of another vessel. The CEO, Richard Tyrrell, expressed delight with the innovative agreement, highlighting the alignment of incentives between the owner and charterer to enhance efficiency and minimize emissions.
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End-of-Day
0.19%
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Rhea-AI Summary
Cool Company Ltd. (NYSE: CLCO / CLCO.OL) shares will be traded ex dividend of $0.41 per share for Q3 2023 as of December 6, 2023. Contact details for inquiries: c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com
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End-of-Day
-4.77%
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Rhea-AI Summary
Cool Company Ltd. (CoolCo) (Ticker: CCL) announces the first tranche vesting of restricted stock units (RSUs) awarded in 2022 for employees, management, and board members, with a total of 14,381 shares to be issued on or after December 7, 2023. Additionally, the board has authorized options and RSUs for 2023, granting a total of 74,246 Options and 102,107 RSUs to employees, management, and board members, equivalent to approximately 0.14% and 0.19% of the company's share capital, respectively.
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Rhea-AI Summary
Cool Company Ltd. (NYSE: CLCO / CLCO.OL) held its 2023 Annual General Meeting on November 29, 2023, in Bermuda. The meeting approved amended Bye-laws, set the maximum number of Directors to nine, re-elected and elected Directors, appointed auditors, and approved the Board of Directors' remuneration.
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Rhea-AI Sentiment
End-of-Day
1.3%
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Cool Company Ltd.

NYSE:CLCO

CLCO Rankings

CLCO Stock Data

615.43M
22.07M
58.39%
18.09%
0.44%
Pipeline Transportation of Crude Oil
Transportation and Warehousing
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