NDP News and Press, Tortoise Energy Independence Fund Inc. From 01/04/23

Summary Today’s high prices may well lead to tomorrow’s low prices, and tomorrow may arrive sooner than many feared. Asynchronous reopening is set to bedevil the global economy for at least another year. Broad housing market activity during much of 2022 suggests that w...

OVERLAND PARK, KS / ACCESSWIRE / January 3, 2023 / 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 December 30, 2022, the comp...

Summary U.S. October production increased by 69 kb/d to 12,381 kb/d to a new post pandemic high. Production in October 2023 is forecast to be lower than in October 2022. The big production increase in conventional crude in August 2022 is due to the massive downward revision to LTO p...

Summary PEO and BGR are the second and third-best performing funds on a total NAV return basis through the end of November. On a total share price return basis through the end of November, they've still done well, as the third and fourth best performing, respectively. Both of these,...

OVERLAND PARK, KS / ACCESSWIRE / December 1, 2022 / Tortoise today announced the following preliminary 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 November 30, 2...

Summary The energy sector has undergone immense change since 2020. We find the energy space very attractive right now. We think valuations are compelling. We believe that if our thesis is correct, the upside will take care of itself and potentially be quite attractive. ...

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

Summary July Non-OPEC oil production increased by 697 kb/d to 49,616 kb/d. World oil production in July increased by 944 kb/d to 80,191 kb/d according to the EIA. August production is expected to increase by 1,357 kb/d to 81,548 kb/d. A guest post by Ovi Belo...

Summary In light of the recent outperformance of energy stocks, the sector looks to be in need of a period of consolidation. As such, we may be entering a period whereby the oil price itself outperforms energy companies. Depending on one’s timeframe, investors may do well t...

Tortoise Energy Independence Fund ( NYSE: NDP ) declares $0.56/share quarterly dividend , in line with previous. Forward yield 6.64% Payable Nov. 30; for shareholders of record Nov. 23; ex-div Nov. 22. See NDP Dividend Scorecard, Yield Chart, & Dividend G...