NDP News and Press, Tortoise Energy Independence Fund Inc. From 08/17/21

Gasoline demand is nearly back to pre-pandemic levels from 2019. OPEC+ is unlikely to ramp up output to appease the U.S. - or anyone else, for that matter. Brent crude prices dropped 6% last week, its largest week of losses in four months, while WTI slumped nearly 7% in its bigges...

NDP just recently reinitiated its distribution after a long suspension. The fund remains fairly aggressively tilted towards oil and gas production which can leave it more volatile. The fund's failed merger earlier this year prompted new steps to increase shareholder value. Ove...

In US Real GDP, major government programs correlate with the highest rates of inflation while oil prices do so after inflation is apparent. In other words, investors price oil and related industries higher once they fear further inflation. The recent rise and fall of commodity pri...

Distribution dates and amounts announced for TYG, NTG, TTP, NDP, TPZ and TEAF TTP and NDP update following termination of proposed merger TTP increases and NDP reinstates quarterly distributions Both funds adopt a managed distribution policy Operating expenses ...

OPEC and its big-producing ally, Russia, have masterfully managed the price of crude oil throughout the entire Covid crisis. The introduction of effective vaccines at the beginning of this year released pent-up demand for travel and fueled a big increase in economic activity. Crud...

The North Dakota area of the Bakken LTO basin has accessible data from the ND Department of Natural Resources, Oil and Gas Division. There is a marked drop in the average well productivity from 2018 to 2021, and the high water cut regions closed in from the peripheries towards the cen...

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, Inc. (NYSE...

ESG investing mandates are forcing capital away from oil and gas development, regardless of the returns available. Meanwhile, most energy investors remain "shale shocked" from the last decade of capital incineration. However, global hydrocarbon demand shows no sign of peaking anyt...

Crude oil futures settle with a modest rebound, a day after the WTI benchmark plunged by the most in a single session since September.Yesterday's selloff, sparked by fears that rising cases of the coronavirus delta variant could damage demand for energy products, pushed oil ~7% lower and hit ...

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...