KMF News and Press, Kayne Anderson Midstream Energy Fund Inc From 09/28/22

Summary The energy markets have been volatile for most of 2022, continuing a two-year trend that dates to the early days of the coronavirus pandemic. The rising rig count and share buyback and M&A activity in midstream, especially in the Permian Basin, indicate strength in the...

HOUSTON, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today a quarterly distribution of $0.16 per share for the fiscal quarter ended August 31, 2022. This distribution is payable to common stockh...

Summary MLPs are pass-through entities that enjoy special tax treatment. As pass-through entities, MLPs avoid the double-taxation associated with investments in C-Corporations. Typically, 70-100% of MLP distributions have been considered a tax-deferred return of capital, which mea...

Summary Recent U.S. legislation alters the trajectory of GHG emissions and expands the opportunity set for midstream issuers. The bill enhances and expands the incentives for a diverse array of investments, enabling decarbonization across the U.S. economy. The strength of IRA ...

Summary Oil prices have seen three straight months of price declines and are down more than 30% from their relative high in June, but energy stocks have been relatively resilient, particularly MLPs. Much of the weakness in oil prices has been driven by demand concerns related to t...

Summary Following the hawkish comments from Jackson Hole, it seems like the dynamic seen for much of 2022 is set to continue. Less sensitivity to interest rates may also work in energy’s favor. Positive changes in recent years to the financial positioning of midstream c...

Summary SZC is an interesting investment that continues to get one of the widest discounts in the "NexGen" infrastructure space. They've put up attractive results relative to their peers in most time frames. The fund's distribution rate is low, which is something they should w...

Summary With free cash flow generation becoming more meaningful since 2020, many companies have used excess cash flow to reduce debt, while EBITDA growth has also contributed to lower leverage ratios. With improved balance sheets, midstream companies have been able to execute on d...

HOUSTON, Sept. 02, 2022 (GLOBE NEWSWIRE) -- Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment...

Shares of Kayne Anderson NextGen Energy & Infrastructure Inc. (NYSE:KMF) traded at a new 52-week high today of $9.05. So far today approximately 52,000 shares have been exchanged, as compared to an average 30-day volume of 104,000 shares. In the past 52 weeks, Kayne Anderson NextGen ...