EMO News and Press, ClearBridge Energy Midstream Opportunity Fund Inc. From 08/20/21

ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) had declared $0.38/share quarterly dividend, in line with previous. Payable Aug. 31; for shareholders of record Aug. 24; ex-div Aug. 23. See EMO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

Led by G&Ps and natural gas pipeline operators, midstream names delivered strong 2Q21 results that largely beat expectations and led to improving outlooks in 2021 and 2022. Strong free cash flows drove higher buyback activity for a combined $302 million spent on repurchases in 2Q2...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, decreased 6.17% last month. The index has increased by 56.88% since last July. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, decreased by 2.87% la...

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 July 31, 2021. As of July 31, 2021, the Fund’s net assets were $353.0 million, and ...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of August 2021. The following dates apply to the distribution schedule below: The distributions may be treated as dividend income, return of capita...

With earnings season in full gear and broad equity markets reaching record levels, we revisit valuation and put into context the relative value midstream offers during the ongoing economic recovery. As of last Friday, the Alerian MLP Infrastructure Index (AMZI) and the Alerian Midstre...

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Growing energy demand in a recovering global economy, sup...

Fee-based businesses and contract protections equip the midstream space to better withstand commodity price volatility relative to its energy peers while delivering attractive income and greater cash flow stability. Resilient natural gas prices and steady demand benefit midstream and ...

The Energy sector carried its momentum from the end of 2020 into 2021 and ended Q2 as the S&P 500's best performer after returning a staggering 45.61%. US oil production has been steady around 11 mbpd for most of 2021 given producers' conservative capital allocation strategies tow...

For the eighth month in a row, equity CEFs on average posted positive returns, rising 1.34% on a NAV basis for June. While for the fourth month running fixed income CEFs posted plus-side returns (+0.85%). Thirty-two percent of all CEFs traded at a premium to their NAV, with 31% of...