NDP News and Press, Tortoise Energy Independence Fund Inc. From 06/18/20

China's imports of US crude oil are expected to hit record-high levels in July with cargoes shipped in May having surpassed 550,000 b/d. Cargoes loaded on ships in April have been the first since November 2019. Chinese refiners have been rushing to secure bargains when available US crude oil b...

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with updated information from the distribution announcement of May 7, 2020. The Board has established a $0.05 per share monthly distribution expected to be paid on the last business day of eac...

The dramatic growth of US oil and natural gas production over the last decade has transformed the US energy landscape by reducing our dependence on coal for electricity generation and exponentially increasing energy exports. Another transformation is underway as power providers and policymaker...

The drilling market has always been the first and most impacted when there is a crisis in the oil and gas segment, especially by the decrease in exploration. Drilling is a key indicator of the level of short- and medium-term activities expected for the entire sector. Globally, the current scen...

Natural gas liquids (NGLs) have grown in importance for midstream in recent years as US production has accelerated, providing growth opportunities including new fractionation facilities for processing NGLs, new NGL pipelines, and export projects. How do recent macro headwinds and declining ene...

Oil tanker companies are making a lot of money. Some are paying dividends. While they could be buying shares instead, dividends are fine with me because of what I am going to do with them. Original Post Editor's Note: The summary bullets for this article were chosen by Seek...

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of May 31, 2020, the company’s unaudited total assets were ap...

Editors' Note: This is the transcript of the video we posted May 24th. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a podcast embedded below if you need any clarification. We hope you enjoy. Dani...

For June, I expect West Texas Intermediate oil price to range between $30 to $40 per barrel. If the oil price goes below $30, I do not expect it to stay there long. Furthermore, I expect the oil price to drift upward over time. So if the oil price surpasses $40, it might stick. I am not overly...

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...