NTG News and Press, Tortoise Midstream Energy Fund Inc. From 08/01/22

OVERLAND PARK, KS / ACCESSWIRE / August 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 July 29, 2022, the compa...

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:TPZ) OVERL...

AMCC includes midstream companies based in the US and Canada that are taxed as corporations. AMZ and AMCC index-level data is useful for making generalizations about MLPs and corporations as a group. AMZ and AMCC also differ in their subsector exposure, with the MLP index providin...

OPEC+ sticks to its planned oil output hike of 648,000 bpd in August and averted discussing its production plans for September even as oil prices soared due to tight global supplies. Williams reached a final investment decision on its clean energy project, the Louisiana Energy Gateway...

Steady cash flows and a meaningful reduction in growth capital spending plans should support strong free cash flow (FCF) generation from midstream companies for years to come. Midstream’s abundance of FCF has supported debt reduction, a proliferation of buyback programs, and wi...

The energy market is a tug-of-war between fundamentals in the energy industry which is pretty tight. The energy sector has been driving a lot of performance in the S&P/TSX Index since the recovery from the Covid-19 pandemic. In the short term, I do expect the integrated compan...

Despite volatile equity trading, the fundamentals for many energy companies have not changed. This is particularly true for energy infrastructure. Oil’s move from ~$120/bbl a month ago to $96/bbl at the intra-day low last week has not altered producer plans, and the outlook for...

The outlook for MLP distributions remains strong given solid fundamentals, continued free cash flow generation, and commodity price levels that incentivize measured growth from US oil and gas producers. Little has fundamentally changed for MLPs over the last month, but MLP index yield...

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

OVERLAND PARK, KS / ACCESSWIRE / July 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 June 30, 2022, the company...