l pany .(US:CLCO)2024-08-29 16:43Financial Performance - The average TCE (Time Charter Equivalent) was $78,400 per day in Q2 2024[3, 5] - CoolCo's Q2 2024 total operating revenues reached $834 million[3, 5] - Adjusted EBITDA for Q2 2024 was $557 million[3, 6] - Net income for Q2 2024 was $261 million, including a $41 million mark-to-market gain on interest rate swaps[3] Backlog and Charters - The company's backlog is approximately $18 billion[3] - CoolCo secured a 14+2 year charter with GAIL (India) Limited for a newbuild, starting in early 2025[5] - A one-year time charter agreement was secured for a TFDE vessel starting in Q3 2024[5] Dividends and Debt - A dividend of $041 per share was declared for Q2 2024[3, 5] - The company's net debt is $1024 billion, with an average interest rate of approximately 58%[3] - The hedge ratio is approximately 76%[3, 33] Market Outlook - LNG supply is expected to grow significantly from 2023 to 2030, with a 75% increase[11]