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home / news releases / DCP - TYG: This CEF Has Been Devastated By The COVID-19 Pandemic


DCP - TYG: This CEF Has Been Devastated By The COVID-19 Pandemic

In our follow-up article focusing on Tortoise Energy Infrastructure (TYG), we would like to update our readers on what has been going on in the energy industry since the beginning of the COVID-19 pandemic in late February 2020. Unfortunately, this fund has been severely negatively impacted by the pandemic and sharp fall-out of commodity prices earlier this year, as it has experienced a loss in total assets from $1.41 billion to less than $300 million year to date. In addition, the stock price has plummeted by more than 70% during the same time.

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Stock Information

Company Name: DCP Midstream LP
Stock Symbol: DCP
Market: NYSE
Website: dcpmidstream.com

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