CoolNYSE: CLCO

AXP is poised to benefit from product refreshes, an enhanced focus on dining and a younger customer cohort.

Bolstering their valuations, these Zacks transportation-shipping stocks are offering enticing dividends and have seen a positive trend of earnings estimate revisions which suggests more upside.

Cool Company's long-term contracts provide revenue visibility, with a $1.8 billion backlog. Tiger and Panther will join the CLCO fleet in the coming months, boosting the company's profitability. The company distributes dividends with a 14.5% trailing LTM yield and a 71% payout ratio. CLCO's valuation is attractive, trading at lower multiples compared to peers, with a PNAV of 77% and LTV of 53%.

CLCO, CTO and OPRA made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 30, 2024.

LONDON--(BUSINESS WIRE)--COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) has scheduled its 2024 Annual General Meeting for November 21, 2024. A copy of the Notice of Annual General Meeting and associated information including the 2024 Annual Report on Form 20-F can be found attached and on the Company's website at www.coolcoltd.com. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. Attachments CoolCo – AGM Notic.

CLCO, QFIN and MCRI made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 20, 2024.

QFIN, CLCO, HCA, STRL and CSGS have been added to the Zacks Rank #1 (Strong Buy) List on September 20, 2024.

Cool Company Ltd. (CLCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Cool Company reported Q2 2024 revenues of $83.4 million, driven by strategic long-term charters and efficient fleet management, despite some operational challenges. The company's fleet modernization, with the upcoming delivery of two new vessels, positions it well to capitalize on growing global LNG demand, particularly in Asia. The massive 13.7%-yielding dividend remains well-covered, and is likely to remain so.