Jeremy Tonet

John Mackay

Theresa Chen

Jean Ann Salisbury

Bob Brackett

Craig Shere

Jason Gabelman

Michael Blum

Spiro Dounis

Alexander Bidwell

Benjamin Nolan

Brandon Bingham

Burke Sansiviero

Justin Jenkins

Keith Stanley

Robert Mosca

- Cool Company Ltd. generated total operating revenues of **$85.5 million** in Q2 2025, consistent with Q1 2025, and reported a net income of **$11.9 million** in Q2 2025, an increase from **$9.1 million** in Q1 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_0]** **[3570_5710089e5b434934a24d18796ba50aa2_1]**  Adjusted EBITDA for Q2 2025 was **$56.5 million**, up from **$53.4 million** in Q1 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_0]** **[3570_5710089e5b434934a24d18796ba50aa2_1]** 
- The company achieved an average Time Charter Equivalent Earnings (TCE) of **$69,900 per day** for Q2 2025, compared to **$70,600 per day** for Q1 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_0]** **[3570_5710089e5b434934a24d18796ba50aa2_1]**  Fleet utilization for Q2 2025 was **94%**, an increase from **88%** in Q1 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_3]** 
- CoolCo purchased **858,689 shares** at an average price of **$5.77 per share** under its share repurchase program between April 7, 2025, and August 22, 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_0]** **[3570_5710089e5b434934a24d18796ba50aa2_4]** 
- As of June 30, 2025, CoolCo had **$109.2 million** in cash and cash equivalents and total short and long-term debt, net of deferred finance charges, amounting to **$1,385.3 million**.  **[3570_5710089e5b434934a24d18796ba50aa2_4]**  The company has hedged approximately **75%** of the notional amount of its gross debt to fixed rates as of August 22, 2025.  **[3570_5710089e5b434934a24d18796ba50aa2_4]** 
- The LNG sector anticipates a gradual recovery in the charter market, supported by new LNG supply entering the market, with global LNG production scheduled to reach **460 MTPA** by the end of 2025, **12%** above 2024 levels.  **[3570_5710089e5b434934a24d18796ba50aa2_0]** **[3570_5710089e5b434934a24d18796ba50aa2_2]**

Cool Company Ltd. Reports Q2 2025 Results

Cheniere Energy (LNG)