NDP News and Press, Tortoise Energy Independence Fund Inc. From 06/24/22

While margins have recently reached record highs for the Energy sector in the S&P 500 as oil prices have risen, overall net profit for US producers remains below record levels seen in 2012. CAPEX for US oil producers has historically outpaced net profit and normally tracks closer ...

For the second month in three, equity CEFs on average witnessed positive returns, rising 0.73% on a NAV basis for May. While for the fifth consecutive month, fixed income CEFs posted returns in the red (-0.40%). Only 20% of all CEFs traded at a premium to their NAV at month end, w...

Namibia's government is focusing on value addition from the hydrocarbon sector to solve domestic economic challenges. The country's middle-income status, political stability, and relatively generous E&P terms make it one of Sub-Saharan Africa's most attractive upstream investment ...

Amid the current market environment, a key question has emerged around how existing conditions could alter low-carbon spending plans of upstream oil and gas companies. IHS Markit believes that these current low-carbon spending estimates for several members of the peer group are likely...

OVERLAND PARK, KS / ACCESSWIRE / June 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 May 31, 2022, the company'...

The MENA region, driven by large GCC oil exporters, is set to benefit from noticeably higher near-term oil and gas prices due to the Russia-Ukraine war and the implications of sanctions on Russia for global energy markets, with oil-exporting countries' governments likely to spend more to ...

GOM gas production peaked in 1997 at 14.4 bcf/day and has been declining ever since. The Greater Perdido fold belt area in Alaminos will become a Tier 2 sweet spot. BOEM’s Undiscovered Technically Recoverable Resources from their 2021 update for the entire GOM is 29.6 Bbo. ...

Gainers: Leju Holdings Limited (LEJU) +47%. Redbox Entertainment (RDBX) +33%. SIGA Technologies (SIGA) +26%. Getnet (GET) +25%. Allarity (ALLR) +23%. NanoViricides (NNVC) +22%. Processa Pharmaceuticals (PCSA) +22%. TherapeuticsMD (TXMD) +17%. PyroGenesis Canada (PYR) +17%. Evofem Biosciences ...

The last two years have seen the world turned upside down by the pandemic and the climate crisis. Even when the going was tough, many rig contractors took the measure of the times and worked to get their rigs 'greener'. Green tech is relatively nascent and will take time to become...

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...