Beskrivning
Land | Bermuda |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Tjänster |
Industri | Shipping & Offshore |
2024-02-22 22:30:00
Hamilton, Bermuda, February 22, 2024
Cool Company Ltd. (NYSE: CLCO / CLCO.OL, "CoolCo" or the "Company") will host a
Fourth Quarter and Full Year 2023 Earnings call and webcast presentation on
Wednesday, February 28, 2024, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M.
London. The presentation will be available to download from the Presentations
and Webcasts subsection of the Investors section of the Company's website at
www.coolcoltd.com.
We recommend that participants join the conference call via the listen-only live
webcast link provided. Sell-side analysts interested in raising a question
during the Q&A session that will immediately follow the presentation should
access the event via the teleconference dial-in options listed below. We
recommend connecting 10 minutes prior to the scheduled start time. Information
on how to ask questions will be given at the beginning of the Q&A session. There
will be a limit of two questions per participant.
a. Listen-only live webcast link
Go to the Investors - News - Presentations and Webcasts section at
www.coolcoltd.com and click on the "Webcast" link.
b. Teleconference
Conference call participants who wish to raise a question during the Q&A session
should join the teleconference by phone using one of the following options and
conference ID 43759919:
North America (Toll Free) +1 888 396 8049
Norway (Toll Free) 80069208
United Kingdom (Toll Free) 8006522435
International +1 206 962 3782
Please download the presentation material from www.coolcoltd.com (Investors -
News - Presentations and Webcasts) to view it while listening to the conference.
If you are not able to listen at the time of the call, you can access a replay
of the event audio on www.coolcoltd.com (Investors - News - Presentations and
Webcasts) (on-demand link is available for one year).
ABOUT COOLCO
CoolCo is an LNG Carrier pure play with a balanced portfolio of short and
longer-term charters, the cash flows from which form the basis of the Company's
quarterly dividend for common shareholders. In addition to the built-in and
funded growth from two newbuilds scheduled to be delivered in the second half of
2024, CoolCo's strategy includes ongoing assessment of opportunities for vessel
acquisitions and potential consolidation in a fragmented market segment. Through
its in-house vessel management platform, CoolCo manages and operates its LNG
transportation and infrastructure assets for a range of the world's leading
companies in addition to providing such services to third parties. CoolCo
benefits from the scale and stature of Eastern Pacific Shipping and its
affiliates, encompassing CoolCo's largest shareholder and the owner of one of
the world's largest independent shipping fleets, which strengthen the Company's
strategic position with regard to shipyards, financial institutions, and access
to dealflow. CoolCo supports the world's decarbonization and energy security
needs and has stated its intention to reduce its emissions by 10-15% through its
LNGe upgrade program, as part of a fleet-wide improvement target of 35% between
2019 and 2030.
Additional information about CoolCo can be found at www.coolcoltd.com.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the
U.S. Private Securities Litigation Reform Act of 1995, including statements
which reflect management's current expectations, estimates and projections about
its operations and with respect to CoolCo's agreement for a time charter of a
vessel, including the terms of the charter with Santos, any expected benefits
from the charter with Santos, revenue guidance forecasts, the expected
drydocking schedule of our vessels, delivery dates of newbuilds, our strategy,
our intention to reduce carbon emissions and any expected performance of our
LNGe upgrade program, emissions reduction and improvement targets and other
non-historical statements. Forward-looking statements are typically identified
by words or phrases, such as "about", "believe," "expect," "plan," "goal,"
"target," "strategy," "guidance" and similar expressions or future or
conditional verbs such as "may," "will," "should," "would," and "could." These
statements are based on current expectations, estimates, assumptions and
projections and you should not place undue reliance on them. Forward-looking
statements do not guarantee future performance and involve risks and
uncertainties. There are important factors that could cause our actual results,
level of activity, performance, liquidity or achievements to differ materially
from the ones expressed or implied by these forward-looking statements. These
risks and uncertainties include risks relating to future industry conditions,
risks that revenue guidance forecasts may differ and other risks indicated in
the risk factors included in CoolCo's Annual Report on Form 20-F for the year
ended December 31, 2022 and other filings with the U.S. Securities and Exchange
Commission. These forward-looking statements are made only as of the date of
this document. We do not undertake to update or revise the forward-looking
statements, whether as a result of new information, future events or otherwise.
This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and Section 5-12 the Norwegian
Securities Trading Act.
For further information, please contact:
c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com
Richard Tyrrell - Chief Executive Officer
John Boots - Chief Financial Officer
Source: Cool Company Ltd.