NDP News and Press, Tortoise Energy Independence Fund Inc. From 05/11/22

Tortoise Energy Independence Fund (NYSE:NDP) declares $0.48/share quarterly dividend, in line with previous. Forward yield 6.72% Payable May 31; for shareholders of record May 24; ex-div May 23. See NDP Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Tor...

Distribution Amounts and Dates Declared for: 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 En...

U.S. February production decreased by a surprising 50 kb/d to 11,312 kb/d. GOM production took a sharp drop in December 2021 and continued to February. The number of DUCs available for completion has continued to fall every month since July 2020. For further details see: ...

OVERLAND PARK, KS / ACCESSWIRE / May 2, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of April 29, 2022, the company...

World Conventional Oil output peaked at a centered twelve-month average (CTMA) of 74193 kb/d in July 2016. The general trend for non-OPEC conventional oil has been an annual decline rate of about 48 kb/d over this period, and for OPEC, output has increased at an annual rate of 171 kb/...

After a full year of executing on the return of capital strategy, oil and gas E&P companies are showing the rewards of this strategy. As a firm, we have emphasized the disciplined return of capital (ROC) strategy by U.S. oil and gas exploration and production (E&P) companies o...

With global energy supply uncertainty, the role of the midstream segment and the US shale industry is now firmly on investors’ radars. We believe MLPs, which are yield oriented segment of the midstream asset class, are well-positioned for this inflationary cycle. In the mid...

For the first month in three, equity CEFs on average witnessed positive returns, rising 1.91% on an NAV basis for March. While for the third consecutive month, fixed income CEFs posted returns in the red (-2.18%). Only 20% of all CEFs traded at a premium to their NAV at month-end,...

Russia is a key supplier of refined products to OECD Europe, supplying about 39% of total imports according to the IEA. The natural gas market has provided support to middle distillates in two forms. If refiners are unable to increase middle distillate yields significantly, strong...

OVERLAND PARK, KS / ACCESSWIRE / April 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of March 31, 2022, the compa...