Cool Company Ltd
COOL.OL
Oslo Stock Exchange135.02
NOK
- -
- -
Return %
Stock
S&P500
1Y
32.37
26.53
3Y
69.35
76.60
5Y
69.35
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Richard Tyrrell
- Full Time Employees
- 1
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- S.E. Pearman Building Hamilton Bermuda HM 11
- Website
- coolcoltd.com
- Similar Companies
- Business
- Cool Company Ltd (CLCO:OL) is a liquefied natural gas (LNG) shipping company that acquires, owns, operates, charters and manages a fleet of LNG carriers (LNGCs) and floating storage and regasification units (FSRUs) under time charters and other arrangements to LNG producers, commodity traders and gas companies worldwide; its owned fleet comprises twelve modern vessels including seven tri-fuel diesel electric (TFDE) LNGCs such as the Kool Husky, Kool Crystal, Kool Frost, Kool Glacier, Kool Ice, Kool Kelvin, Kool Blizzard, Kool Boreas and Kool Baltic, two modern two-stroke LNGCs comprising the Kool Orca and Kool Firn, two TFDE LNGCs and one two-stroke MEGA LNGC, while it also manages three additional LNGCs and FSRUs for third parties through its in-house vessel management platform. The company, founded in 2018 with roots tracing to 1970, maintains its headquarters at 7 Clarges Street, 5th Floor, London W1J 8AE, United Kingdom, and operates globally with approximately 946 employees in the oil and gas midstream sector. Recent developments include the January 2025 delivery of the newbuild LNGC GAIL Sagar financed via a $207.8 million sale and leaseback arrangement with Huaxia Financial Leasing maturing in 2039 and placed on a 14-year charter to GAIL (India) Limited with extension options, LNGE performance upgrades and new fixed and floating rate charters for the Kool Glacier and Kool Husky commencing in Q2 and Q3 2025 respectively, expansion of its $520 million term loan to support repurchases of the Kool Ice and Kool Kelvin in November and December 2024, entry into a $570 million revolving reducing credit facility in December 2024, initiation of a $40 million share repurchase program in April 2025 under which it acquired 692,180 shares by May 2025, and a September 2025 agreement to merge with a wholly owned subsidiary of EPS Ventures Ltd for $1.85 billion in cash at $9.65 per share, pending closure in Q4 2025 or Q1 2026.