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Cool Company Ltd ( (CLCO) ) has provided an announcement.
Cool Company Ltd has announced a record date for a special meeting where shareholders will vote on a proposed merger with a subsidiary of EPS Ventures Ltd. This merger could significantly impact CoolCo’s operations and strategic positioning in the LNG market, potentially affecting stakeholders and business relationships.
The most recent analyst rating on (CLCO) stock is a Hold with a $9.65 price target. To see the full list of analyst forecasts on Cool Company Ltd stock, see the CLCO Stock Forecast page.
More about Cool Company Ltd
Cool Company Ltd, known as CoolCo, specializes in LNG Carrier operations with a fleet of 13 vessels. The company maintains a balanced portfolio of short- and long-term charters with leading oil, gas, trading, and utility companies. CoolCo is focused on growth through vessel acquisitions and consolidation in the LNG market, supported by its affiliation with Eastern Pacific Shipping. The company is committed to reducing emissions and supporting global decarbonization efforts.
Average Trading Volume: 241,942
Technical Sentiment Signal: Buy
Current Market Cap: $517.2M
For a thorough assessment of CLCO stock, go to TipRanks’ Stock Analysis page.