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Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Additionally, Tortoise would also like to provide an u
Tortoise announced that the previously disclosed reverse stock splits, for closed-end funds TYG, NTG, TTP and NDP as outlined below, were executed tod
Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Addi

Outlook For Energy Unchanged

10:08am, Thursday, 30'th Apr 2020
Oil producers likely underestimated the effects of the demand crunch happening at the same time as their supply bids. While agreements to cut oil production may

Energy demand set to fall most on record

08:11am, Thursday, 30'th Apr 2020
The International Energy Agency forecasts that global energy demand will fall 6% in 2020, seven times more than during the 2008 financial crisis and the biggest Y/Y percentage drop since WWII (in abso
The Trump administration may announce as soon as tomorrow a plan to offer loans to the oil industry that has been ravaged by a historic drop in prices, possibly in exchange for a financial stake, Bloo
Tortoise announced today the release of the combined 2020 first quarter stockholders’ report for TYG, NTG, TTP, NDP, TPZ and TEAF. This report is avai

Energy stocks extend rally as crude jumps 30%-plus

03:31pm, Wednesday, 29'th Apr 2020
Oil and gas names (XLE +5.9%) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well b

Oil Update - April 2020

09:19am, Tuesday, 28'th Apr 2020
I expect volatility to subside somewhat, but I don't know that anyone can provide any guidance at this point with any confidence. That said, consider oil compan
Treasury Secretary Mnuchin says the government is considering taking equity stakes in U.S. energy companies to try to boost the beleaguered oil and gas sector amid the coronavirus crisis.Mnuchin says
Tightening financial conditions can raise concerns about a company's ability to access capital markets, and a downgrade from investment grade to high yield can
Starting October 2018, well before the spread of the novel coronavirus, the price of oil began slipping. Following the 9.7 million bpd production cut announced
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