NDP News and Press, Tortoise Energy Independence Fund Inc. From 09/01/22

OVERLAND PARK, KS / ACCESSWIRE / September 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of August 31, 2022, the ...

Summary Unsurprisingly, the universe of frontier and early-stage producers has changed dramatically since we last addressed the topic in a major report in 2017. It is already clear that not all frontier governments will be able to recognize and capitalize on the current situation ...

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

Summary TYG's previously announced tender offer trigger has been sprung, creating a potential opportunity. This move will likely only appeal to those who are already shareholders or don't mind holding TYG due to its smaller repurchase amount. The fund is attractively priced an...

Summary OPEC output was revised lower in June 2022 by 36 kb/d and May 2022 output was revised down by 76 kb/d compared to last month’s MOMR. The Russian crude plus condensate data has been harder to find since March when the war with Ukraine started. The average annual ...

Summary 20 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. OPP rights offering announced. Aberdeen (now "abrdn") and Delaware CEFs are merging, subject to shareholder approval. Author's note: This article was released to CEF/...

Revised from August 10, 2022 release to include Important Notice. Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) T...

An upward trend in marketed utilisation and idle newbuilds leaving yards are some sure signs that the offshore rig market is tightening up. The global demand for jackups is expected to stay strong, with the largest increase to come from the Middle East. With the supply of hot and ...

Stocks rallied hard again this week with the S&P 500 up another 3.26% and now up 12.08% over the last month. The YTD losses are down to single digits. It does appear that there has been a significant amount of short covering during this rally. That has been especially the case as ...

April Non-OPEC production decreased by 1,294 kb/d to 48,925 kb/d. Of the 1,294 kb/d decrease, the biggest decreases came from Russia, 965 kb/d, Kazakhstan, 175 kb/d, Canada, 95 kb/d and Norway, 78 kb/d. Mexico’s production as reported by the EIA for April dropped by 18 kb/d to ...