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XL Fleet, a maker of truck-electrification technology, is becoming a publicly traded company by merging with a SPAC: Pivotal Investment.
No Revenue Is No Problem in the 2020 Stock Market
Tortoise Acquisition Corp. (NASDAQ:SHLL)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $47.78, but opened at $46.25. Tortoise Acquisition shares last trad
NEW YORK--(BUSINESS WIRE)--Tortoise Acquisition Corp. (NYSE: SHLL) ("TortoiseCorp") today announced that the Special Meeting of Stockholders (the "Special Meeting") to approve the
Tortoise Acquisition Corp. (NYSE: SHLL) (“TortoiseCorp”) today announced that the Special Meeting of Stockholders (the “Special Meeting”) to approve the...

SteelPath September MLP Updates And News

06:59am, Tuesday, 15'th Sep 2020
Midstream MLPs, as measured by the Alerian MLP Index, ended August down 1.3% on a price basis but up 0.5% once distributions were considered.
Tortoise Acquisition Corp. (NYSE: SHLL) (“TortoiseCorp”) today announced that the Special Meeting of Stockholders (the “Special Meeting”) to approve t

A new electric-truck stock is hitting the market

01:27pm, Thursday, 10'th Sep 2020
Another electric vehicle company could soon be on the market with Tortoise Acquisition Corp. and electric truck company Hyliion voting on their merger on Sept. 28.
Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the September monthly distribution of $0.05 per share payable on Septem
This CEF has been significantly hit by the COVID-19 pandemic and the low crude oil price environment. The key bullish catalyst is a sooner-than-expected end of the COVID-19 pandemic.
Distribution coverage for MLPs remains elevated relative to history after 1Q20 distribution cuts, implying that MLPs are better able to afford their distributions today than in the past, yet yields re

MLP Monthly Report: August 2020

06:50am, Tuesday, 01'st Sep 2020
Chevron Corp. announced it will acquire Noble Energy Inc.
While a continuation of the Trump administration would be more friendly to oil and gas companies, a potential Biden administration appears manageable for the industry.
A new fintech SPAC is coming to the market, led by the former CEO and current chairman of TD Ameritrade (NASDAQ: AMTD). The Offering: FG New America Acquisition Corp (NYSE: FTAC)...

2020 Midstream Summer Update Video

08:00am, Wednesday, 26'th Aug 2020
The equity price performance and elevated yields for midstream and MLPs paint a different picture than what may be drawn from fundamentals.
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