BGR News and Press, BlackRock Energy and Resources Trust From 02/11/22

Nearly two years ago, our Contrarian Income Report service picked up cheap oil dividends that, at the time, yielded nearly 11.8%. With oil trading at negative prices (meaning producers were paying people to take barrels off of their hands), our purchase didn’t feel warm a...

For the second month in three, equity CEFs on average witnessed negative returns, declining 2.40% on a NAV basis for January. While for the first month three, fixed income CEFs posted returns in the red (-2.04%). The national municipal debt CEFs macro-classification witnessed the ...

CEFs may be more susceptible to tax loss selling given they trade on a stock exchange and market prices (investor return) can deviate from underlying NAVs (fund return). Additionally, CEFs typically provide income to shareholders through monthly distributions. These dynamics may creat...

Energy has once again attracted the attention of the market given the steep rise in crude oil prices that we saw over the course of this year. BGR invests primarily in a portfolio of large energy companies. These companies should all do fairly well in a rising oil price environment. ...

BlackRock Energy and Resources Trust (NYSE:BGR) declares $0.0375/share monthly dividend, in line with previous. Forward yield 4.4% Payable Nov. 30; for shareholders of record Nov. 15; ex-div Nov. 12. See BGR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

For the first month in 11, equity CEFs on average suffered losses, declining 1.64% on a NAV basis for September. While for the first month in seven, fixed income CEFs posted returns in the red (-0.39%). Thirty-three percent of all CEFs traded at a premium to their NAV, with 28% of...

Given significant free cash flow generation, several midstream companies have announced buyback authorizations to complement generous dividends in returning cash to shareholders. For midstream investors, buybacks represent a tangible proof point of positive changes for the space in re...

In addition to the broad goal of climate neutrality, we believe that institutional interest in environmental, social and governance investing is also supportive to commodity prices. At Russell Investments, we’ve seen an increasing institutional focus on ESG matters, and we are ...

Energy (XLE +3.2%) is the clear leader among today's S&P industry sectors, supported by a 3.4% surge in WTI October crude oil (CL1:COM) to $72.86/bbl, rising for the fourth straight session to its strongest level since late July. Both WTI and Brent crude (CO1:COM), +3% to $75.85/bbl, are ...

A surprise winner so far in the proposed $3.5T federal spending plan is the oil and gas industry, which managed to maintain a range of tax breaks in the House Ways and Means Committee's markup, despite objections from President Biden and Senate Democrats. The Ways and Means Committee draft - ...