Cool Company: My Favorite LNG Play At An Attractive Price Of 68% P/NAV
CLCOl pany .(CLCO) Seeking Alpha·2024-02-17 06:07

We-Ge Introduction Cool Company (NYSE:CLCO) is another LNG pure play. The company has a small fleet of 11 vessels, plus two that are expected to be delivered in 2H2024. The company has ample liquidity and adequate capital structure, considering its strengths. Its margins reflect its relatively young fleet equipped with TFDE and X-DF propulsion plants. CLCO offers a quality fleet, healthy financials, and a double-digit dividend yield at an attractive price of 68% P/NAV. I have CLCO as part of shipping portfo ...