NDP News and Press, Tortoise Energy Independence Fund Inc. From 05/27/20

Author's note: This article was initially published on May 17, 2020, and data are from that date. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors i...

by Daniel Shvartsman We conclude a set of three video interviews on the energy sector with Daniel Gibbs, better known as Power Hedge on Seeking Alpha. The author of the Marketplace service Energy Profits in Dividends , he shares the concerns of our other panelists about the current oil ...

The coronavirus crisis been "staggering in both its scale and swiftness," warned the IEA in its annual World Energy Investment report, stating global energy investment will tumble by 20% - or by $400B - compared to last year. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil ...

Author's note: This article was initially released on May 15, 2020 and data are from that date. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end ...

By James J. Puplava, CFP®, CTS™ "If you look at the top 20 companies of the world, 19 of them are still brick and mortar companies. What I am saying is that if you have a car manufacturer or an oil and gas manufacturer, you won't get supply over the Net." -Anil Ambani "...

Halliburton says the economy will recover... eventually. - Enthusiasm to be tested in US shale auction. The oil economy will recover... eventually. That was the word Wednesday from the chairman of the board at oilfield services company Halliburton (HAL), which cut its dividend and enacted ...

By Tajinder Dhillon Oil refineries finished reporting 20Q1 earnings, posting positive earnings surprises across the board. Valero Energy (VLO) posted the largest positive surprise with an actual result of $0.34 compared to consensus of $-0.15 as seen in Exhibit 1. Exhibit 1: S&P 500...

In response to the dramatic decline in oil demand stemming from the COVID-19 pandemic and the resulting price weakness, global oil supply is expected to fall significantly this month, as OPEC+ cuts took effect May 1. Some producers began implementing production cuts early, and Saudi Arabia has...

Author's note : This article was released to CEF/ETF Income Laboratory members on May 11, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors ...

Brent finished at $32.50 per barrel capping a third consecutive week of gains while WTI topped $29.43 per barrel which was close to a two-month high. The Brent/ WTI spread has narrowed significantly to $3.07 per barrel, which makes US crude oil exports less competitive to other Brent-related...