NDP News and Press, Tortoise Energy Independence Fund Inc. From 01/22/20

Refining has been the best-performing subsector of energy (excluding renewables) for five of the last eight years. How did refiners, whose profit is totally dependent on volatile commodity prices, become a darling of energy? While structural benefits like U.S. crude discounts undoubtedly helpe...

Crude oil prices traded flat over the week with Brent crude edging slightly lower to $64.85 per barrel and WTI weakening to $58.54. China was a major focus for traders. On one level, the US-China phase one trade deal injected some optimism into the market, but that was countered by troubling...

California has filed a lawsuit against the Trump administration's plans to open more than 1M acres in the state's Central Valley to fracking. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Production ETF, Vanguard Energy ETF, Energy stocks news,...

By Fred Fromm, CFA, Vice President, Research Analyst, Franklin Equity Group Franklin Equity Group's Fred Fromm gives his take on global oil markets amid elevated tensions between the United States and Iran. After a January 3 US airstrike killed Iranian General Qassem Soleimani, many inve...

The U.S. energy industry offers cautious praise for the signing of the phase one trade deal with China, but executives note the lack of a commitment to remove Chinese tariffs that have hurt their sales over the last two years. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil...

With growth capital spending likely having peaked, midstream is flipping the page from rapid growth towards a mode of cash-flow harvesting and more measured growth. The benefit of lower spending and the cash flows coming from recently completed projects is greater free cash flow. Investors cou...

Oil prices have already spiked to $70 this year because of rising tensions around Iran, a reminder of the volatility that nobody wants to see become the norm in 2020. While last year the oil price moved in a fairly narrow range, upstream energy industry investment has been lacking almost eve...

Author's note : This article was released to CEF/ETF Income Laboratory members on December 17, 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 ...

Photo Source: REUTERS/Jeenah Moon. Confetti flies around the ball and countdown clock in Times Square in the Manhattan borough of New York, U.S., January 1, 2020. For the month, 95% of all closed-end funds (BATS: CEFS ) posted net asset value ((NAV))-based returns in the black, with 94% ...

How will midstream fare in the new decade? Watch our three-minute 2020 Midstream Outlook video for a recap of 2019 and a look ahead to some key trends for this year, including growing energy production and exports, free cash flow generation, and potential catalysts. Disclosure: ©...