Cool Company: Rising LNG Demand Should Accelerate The Growth

Sep. 16, 2023 2:10 AM ETCool Company Ltd. (CLCO) StockCLCO37 Comments
Alpha Beta Capital
1.11K Followers

Summary

  • CLCO owns and operates fuel-efficient LNG carriers, providing essential supply chain support to the energy industry.
  • I believe it can sustain this dividend for the next two quarters as well, which makes the annual dividend $1.64, representing a dividend yield of 11.95%.
  • After comparing the forward P/S ratio of 1.55x with the sector median of 1.57x, we can say that the company is undervalued.

LNG or liquified natural gas tanker enter port on a sunny day in Klaipeda, Lithuania. Alternative gas supply, commercial freight, energy crisis

Natallia Pershaj

Investment Thesis

Cool Company (NYSE:CLCO) is a global company that deals in supplying LNG worldwide. It has recently reported its strong quarterly results and I believe it can sustain this growth in the future as a result of

This article was written by

1.11K Followers
I am a "Techno-Funda" Analyst with more than 5 years of experience in equity research. With my investment strategies, I have successfully managed to earn alpha returns in equity market and I want to share my investment recommendations with all investors.

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