NDP News and Press, Tortoise Energy Independence Fund Inc. From 11/17/19

Brent crude rose above $63 for the first time in more than seven weeks despite a bearish International Energy Agency ((IEA)) 2019 outlook that was published shortly before the monthly report from the IEA. As usual, that highlighted weak demand and rising non-OPEC supply of some 2.3 million b...

Note: This article was released to members on October 19, 2019. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence and investigation. Previous editions of ...

By Tajinder Dhillon U.S. oil companies finished reporting 19Q3 earnings, posting a significant overall decline in YoY growth. Notables including Exxon (XOM), Chevron (CVX), and Occidental (OXY) experienced a decline of 54.1%, 26.5%, and 93.8% in YoY earnings. Top-line revenue also declined...

Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown , according to a new report by analysts at Sanford C. Bernstein. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return ...

Iraq's Oil Ministry confirmed recently that the country exported more than 106 million barrels of crude oil in October, with revenues having surpassed six billion USD. The results by IHS Markit Commodities at Sea for October shipments from Iraq suggest a very similar story, with total volume...

Co-produced by Stanford Chemist . This article was originally published on October 13th, 2019. We recently dived into the benefits of capital gains in distributions, so it felt like an appropriate time to illustrate the often misunderstood return of capital (ROC). This is a commonly deb...

Crude prices gained over the week despite the huge weekly build in US inventories as reported by the Energy Information Administration ((EIA)). Stockpiles rose by 7.9 million barrels, taking the cumulative increase to 30 million barrels over the last seven weeks. Brent crude rose to $62.51 per...

(Please note that this was first published to members of Yield Hunting on October 15) How To Read The Tables The headers are a bit confusing, so I wanted to go through them briefly to help make the lists more useful. Discount/Premium: The fund's current discount or premium as of the ...

By OVI Below are a number of Non-OPEC charts created from data provided by the EIA's International Energy Statistics. The charts and table below are primarily for the world's largest Non-OPEC producers and are updated to July 2019, except for the U.S., which is updated to August 2019. ...

Encana Corporation ( ECA ) explores, develops, produces, and markets natural gas, oil, and natural gas liquids in Canada. The company also owns interests in assets in the Eagle Ford and Permian Basin in Texas. ECA has been around since the early 1970s, with its headquarters in Calgary, Canada....