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NDP News and Press, Tortoise Energy Independence Fund Inc. From 01/29/20

Stock Information

Company Name: Tortoise Energy Independence Fund Inc.
Stock Symbol: NDP
Market: NYSE

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NDP - 2020 Vision: What's The Outlook For Midstream/MLP Dividends This Year?

With many investors using energy infrastructure in income portfolios, the outlook for dividends (or distributions for MLPs) comes up in almost every investor conversation. For quite some time, we have characterized MLP distribution growth as moderating from the old days of 6-8% growth. This ca...

NDP - E&P Activity Pushes Higher While Efficiency Stalls

E&P Indices based on employment and production indices show higher employment and higher production of oil; and natural gas pushed the activity index higher, but the trend in the efficiency index has stalled vs. last month. The last 2mos of the natural gas production index is estimated. ...

NDP - Shale Production Is On DUC Life Support And Will Need It Going Forward

Because the nature of the debate in regards to shale production is one that is not academic in nature, not even a topic that interests investors strictly due to investment implications, it is often hard to find balanced and truly impartial and objective analysis on the subject. Shale productio...

NDP - Tortoise Announces 2019 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report

Tortoise today announced the tax characterization of 2019 distributions paid to common stockholders of: Tortoise Energy Infrastructure Corp. (NYSE: TYG) Tortoise Midstream Energy Fund, Inc. (NYSE: NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) Tortoise Energy Independence F...

NDP - Non-OPEC Production Growth Is Struggling

By Ovi Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA's International Energy Statistics and updated to September 2019. Information from other sources such as the IEA and OPEC is used to provide a short-term outlook for fu...

NDP - Weekly Energy Recap: Crude Oil Prices Deteriorated Sharply

Because of copious US shale oil supplies, the West African crude oil market continues to struggle with the ripple effects of the Atlantic basin being awash in crude oil availability. (File/AP) Crude oil prices deteriorated sharply over the week, with Brent crude falling to $60.69 per barre...

NDP - Oil continues to bleed red on China virus fears

Crude oil ( USO -2.7% ) trades at its lowest levels since early November and on track for its worst week since May , as the coronavirus outbreak continues to pressure prices. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Concho Resources Inc., Energy stocks...

NDP - Trump administration rolls back federal protections for some waterways

The Environmental Protection Agency today released new federal clean water regulations that will remove many seasonal streams, small waterways and wetlands from federal oversight. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Production ETF, Va...

NDP - Energy names tumble as China virus worries smack crude prices

The energy sector ( XLE -1.1% ) is today's weakest performing group in a broader market that trades modestly lower, as the spread of the coronavirus from China sparks worries of reduced fuel demand and weaker economic growth. More news on: Energy Select Sector SPDR ETF, Marathon Oil Co...

NDP - Look Down(stream): What Midstream Can Learn From Refiners About Free Cash Flow And More

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...

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