EMO News and Press, ClearBridge Energy Midstream Opportunity Fund Inc. From 01/13/23

Summary NPD is a closed end fund investing across oil & gas stocks. The fund outperformed in 2022 and screens well next to its category peer group. The fund yields 7% through a quarterly distribution. We are bullish on the sector and view NDP as well-positioned to continue d...

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of December 31, 2022. As of December 31, 2022, the Fund’s net assets were $425.5 million, and it...

Summary Energy infrastructure companies are largely expected to continue generating free cash flow, regardless of where oil and natural gas prices trade, with excess cash used for buybacks and dividend increases. Energy markets are likely to remain tight in 2023, but the impact of a rec...

Summary Given strong performance this year and attractive yields, many investors may be considering an energy infrastructure allocation for the first time or the first time in years. For new, prospective, and seasoned energy infrastructure investors, today’s note addresses severa...

Summary Even though midstream capital spending has moderated and reliance on debt has eased somewhat, credit ratings are still important for energy infrastructure companies. By weighting, investment-grade names make up the bulk of Alerian energy infrastructure indexes. Energy infras...

Summary With a weak start to December, the AMZ Index and AMNA Index were yielding 7.5% and 5.9%, respectively, as of December 6. Midstream/MLPs offer generous yields backed by positive dividend trends, as many companies have used free cash flow to increase payouts to investors. Clos...

Summary The Haynesville Shale is the third-largest natural gas play in the US by production, with output reaching new highs against a strong backdrop for US natural gas prices. Growing production, increased well productivity and drilling efficiencies, and proximity to liquefied natural ...

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of November 30, 2022. As of November 30, 2022, the Fund’s net assets were $464.6 million, and it...

Summary Expectations surrounding central bank policy, China’s gradual reopening and a lower US dollar are key to investor sentiment in the final stretch of 2022. Central banks have increased interest rates at the fastest rate on record, and there are signs that higher yields are ...

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) and ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) (each a “Fund” and together, the “Funds”) announced today that each Fund c...