CEM News and Press, ClearBridge MLP and Midstream Fund Inc. From 06/28/23

2023-06-28 08:00:00 ET Summary A warm winter and mixed demand from Asia have weighed on global LNG prices in 2023 after a standout 2022. Despite market weakness, a handful of US projects have either begun construction or are nearing the start of construction. This provides visibil...

2023-06-21 08:00:00 ET Summary As the world pursues cleaner energy sources, demand for alternative fuels such as hydrogen will see growth. There has also been an emphasis on ammonia, which can be utilized to transport and store hydrogen more safely and efficiently. Buttressed ...

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of May 31, 2023. As of May 31, 2023, the Fund’s net assets were $496.0 million, and its net asset value per...

2023-05-31 08:00:00 ET Summary The US has become an important global supplier of liquefied natural gas and natural gas liquids, creating opportunities for midstream companies. M&A could continue to play an important role in the midstream space through non-core divestitures, as...

2023-05-24 08:00:00 ET Summary Eight constituents in the broad Alerian Midstream Energy Index spent a combined $780 million on equity repurchases in 1Q23. Aggregate buybacks declined sequentially as companies with an opportunistic approach were less active, and some stayed on the ...

2023-05-11 09:09:55 ET ClearBridge MLP and Midstream Fund ( NYSE: CEM ) declares $0.64/share quarterly dividend , 1.6% increase from prior dividend of $0.63. Forward yield 8.04% Payable May 31; for shareholders of record May 23; ex-div May 22. See CEM Div...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of May 2023. The following dates apply to the distribution schedule below: The distributions may be treated as dividend income, return of capital or a combin...

2023-05-10 08:00:00 ET Summary A constructive midstream earnings season was unfortunately easily lost amid last week’s macro headlines and a challenging energy tape. Most midstream MLPs and corporations reported better-than-expected results with constructive outlooks and a ...

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of April 30, 2023. As of April 30, 2023, the Fund’s net assets were $531.0 million, and its net asset value...

2023-05-03 08:00:00 ET Summary The Gulf of Mexico is the second-largest oil-producing area in the United States behind Texas and is expected to see record output this year. Midstream companies with offshore operations in the Gulf of Mexico are investing in building additional capa...