SRF News and Press, Cushing Energy Income Fund of Beneficial Interest From 05/10/20

By Brian Watson, CFA, Senior Portfolio Manager The midstream sector finds a way to offset the impact of the coronavirus and oil glut April MLP performance appeared to reflect improving sentiment as COVID-19 containment efforts are set to ease in many locations. Furthermore, mids...

DALLAS , May 8, 2020 /PRNewswire/ -- Cushing Asset Management, LP (" Cushing ") announces today that at a reconvened special meeting of shareholders of The Cushing ® MLP & Infrastructure Total Return Fund (NYSE: SRV), shareholders voted to approve the merger of The Cushi...

Author's note: This article was released to CEF/ETF Income Laboratory on April 28, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently co...

DALLAS , May 1, 2020 Cushing Asset Management (" Cushing ") announces the results of the joint special meeting of shareholders of The Cushing ® Energy Income Fund (NYSE: SRF) and The Cushing ® MLP & Infrastructure Total Return Fund (NYSE: SRV) relating to the...

Expanding on the theme of yesterday's note discussing midstream defensiveness, today's piece examines the resilience of forward estimates for the midstream space despite oil's price collapse. In contrast with other segments of energy, 2020 and 2021 midstream EBITDA estimates have seen only m...

Author's note: This article was initially released to members on April 20, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded ...

Given their greater income, we have typically prioritized MLPs in our research covering yields and distributions ( read more ). However, the recent sell-off and consequential increase in the yields of the broader midstream space has prompted many income-oriented investors to consider both ener...

Author's note : This article was released to CEF/ETF Income Laboratory members on April 13, 2020, and includes a rare reposting of CEF news compilation and our commentary to members. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price m...

Originally published on April 20, 2020 With benchmark West Texas Intermediate oil prices hovering around $22 per barrel 1 for the June contract and regional prices even lower, netbacks for producers are admittedly dismal, making the current outlook for US oil production tenuous. Headlines...

When a sell-off occurs, the question on everyone’s mind turns to when things will recover. Tuesday’s research note addressed this question by looking at past drawdowns and recoveries, while today’s note takes another approach using oil price projections. Of course, no on...