NDP News and Press, Tortoise Energy Independence Fund Inc. From 07/20/21

Tortoise Energy Infrastructure Corp. (NYSE: TYG) Tortoise Midstream Energy Fund, Inc. (NYSE: NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) Tortoise Energy Independence Fund, Inc. (NYSE: NDP) Tortoise Power and Energy Infrastructure Fund, In...

The Energy sector carried its momentum from the end of 2020 into 2021 and ended Q2 as the S&P 500's best performer after returning a staggering 45.61%. US oil production has been steady around 11 mbpd for most of 2021 given producers' conservative capital allocation strategies tow...

UAE's rejection of the Saudi proposal to increase and extend oil production agreement serves notice that it intends to raise production. Our base case continues to be that OPEC+ will achieve a compromise and increase production, though there are inventories to still draw. WTI >...

LEAWOOD, KS / ACCESSWIRE / July 1, 2021 / TortoiseEcofin 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 June 30, 2021, the c...

WTI crude oil rockets past $75/bbl for the first time since October 2018 after media reports indicate that Saudi Arabia and Russia have reached a tentative deal to gradually raise production.According to Reuters, the OPEC+ group is weighing a plan that would ease production curbs enough to ad...

We review CEF market valuation and performance over the first week of June and highlight recent events. The CEF market pushed higher at the start of June with a favorable backdrop of stable Treasury yields and rising equity prices. Our stance in CEFs remains committed to seeking o...

During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20. In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively. Once Q2 ’21 earnings start in mid-July...

The world goes green. Is that bad for conventional energy producers? Game plan for a gravy train collapse. Supply response vs. higher prices may be different this time. As convoluted as this might seem, green may be good for fossil fuel producers for some time to come. F...

LEAWOOD, KS / ACCESSWIRE / June 3, 2021 / Tortoise and the Board of Directors for its closed-end funds today announced the termination of the proposed merger of Tortoise Energy Independence Fund, Inc. (NDP) with and into Tortoise Pipeline & Energy Fund, Inc. (TTP). "Tortoise and the Boa...

LEAWOOD, KS / ACCESSWIRE / June 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 May 31, 2021, the company'...