NDP News and Press, Tortoise Energy Independence Fund Inc. From 05/03/21

U.S. February production decreased by 1,197 kb/d to 9,862 kb/d from Januaryʼs output of 11,059 kb/d. The April STEO report forecasted US February production would be 10,280 kb/d vs the reported actual output for February of 9,862, an over-estimate of 418 kb/d. Rig additions...

According to the STEO, US output is projected to increase in March 2021 after recovering from the February low of 10,276 kb/d. The DPR is projecting output for May 2021 to increase slightly over April to 7,612 kb/d, up 408 kb/d from February's snow storm induced drop. March's LTO ...

The fund is investing in those companies driving America's energy independence, including renewable energy firms. The fund had to suspend its distribution in response to the pandemic, which undoubtedly soured many investors. The long-term future of the American energy industry is ...

OPEC+ production is down because OPEC decided to do so. The price crash in 2020 resulted in a production decline already in 2020, as some producers came close to cash costs. The European Union adopted a regulatory framework with a dual mandate that not just targets fuel economy bu...

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed. GUT's and CLM/CRF's rights offerings commentary. IRR will liquidate in another Saba victory, while IID was successful...

Markets need consistent, comparable, and reliable sustainability information to better understand these developments and the related environmental, social, and governance (ESG) issues. That's where ESG reporting frameworks and standards, such as those developed by the Sustainability A...

Adjourned to Friday, June 4, 2021 Tortoise and the Board of Directors for its closed-end funds announced today that it intends to convene and then adjourn the special meeting of stockholders scheduled for 10 a.m., Central time, Wednesday, April 7, 2021 at 5100 W. 115th P...

The expected 21Q1 earnings growth rate is currently 24.2%, which has increased from 16.0% at the beginning of the year. All but two sectors have seen positive revisions to 21Q1 growth expectations since the beginning of the year. In 2021, we expect to see a year of high expectatio...

LEAWOOD, KS / ACCESSWIRE / April 1, 2021 / 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 March 31, 2021, the compa...

Energy prices and equities continue to consolidate as reflation trade and investor interest drove prices ahead of fundamentals. Oil demand continues to recover globally despite increased COVID cases in EU4. Anticipate OPEC+ to hold firm on its production cut this week, and energy ...