The Technical Analyst
Goldman Sachs MLP and [GER]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Goldman Sachs MLP and Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.32% $15.67
America/New_York / 5 jul 2023 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 239.99 mill |
| EPS: | 4.76 |
| P/E: | 3.29 |
| Earnings Date: | N/A |
| SharesOutstanding: | 15.32 mill |
| Avg Daily Volume: | 0 mill |
| RATING 2023-07-05 |
|---|
| C+ |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Sell | |
| Price To Book: | Strong Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/20 | 4/20 | 2/21 | 4/21 | 2/22 | 4/22 | |
| Revenue | n/a | n/a | n/a | n/a | n/a | |
| Gr.Profit | n/a | n/a | n/a | n/a | n/a | |
| Ebit | n/a | n/a | n/a | n/a | n/a | |
| Asset | ||||||
| Debt | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.33x |
| Company: PE 3.29 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.16x |
| Company: PE 3.29 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 15.30 - 16.04 ( +/- 2.38%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-06-07 | Lang Linda | Buy | 0 | |
| 2023-06-06 | Saba Capital Management, L.p. | Buy | 18 461 | Common Stock |
| 2023-06-02 | Saba Capital Management, L.p. | Buy | 3 284 | Common Stock |
| 2023-06-01 | Saba Capital Management, L.p. | Buy | 6 901 | Common Stock |
| 2023-05-25 | Saba Capital Management, L.p. | Buy | 2 985 | Common Stock |
| INSIDER POWER |
|---|
| 99.97 |
| Last 92 transactions |
| Buy: 776 461 | Sell: 15 460 |
Forecast:
01:40 - $14.55
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $15.67 (-0.32% ) |
| Volume | 0.260 mill |
| Avg. Vol. | 0 mill |
| % of Avg. Vol | 0 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For GER
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
GER
Goldman Sachs MLP and Energy Renaissance Fund is a closed-ended equity mutual fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in growth stocks of Master Limited Partnerships and related energy companies across all market capitalizations, with a focus on midstream MLP investments. It employs fundamental and quantitative analysis with a bottom-up stock selection approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Alerian MLP Index Total Return. Goldman Sachs MLP and Energy Renaissance Fund was formed on September 26, 2014 and is domiciled in the United States.
Latest Press Releases
2023-06-16 09:11:00 - Press Release
Goldman Sachs Asset Management Announces Liquidation Details For Goldman Sachs Mlp And Energy Renaissance Fund
New york--(business wire)--goldman sachs mlp and energy renaissance fund (the “fund”) (nyse: ger) today announced additional details regarding the liquidation of the fund. pursuant to the fund's plan of liquidation and dissolution previously announced, the fund has fixed the close of business on july 10, 2023 (the “liquidation date”) as the effective date for determining the shareholders of the fund that will be entitled to receive liquidating distributions. the fund's last day of trading on th.
2023-06-07 17:00:00 - Press Release
Goldman Sachs Asset Management Announces Liquidation Of Goldman Sachs Mlp And Energy Renaissance Fund
New york--(business wire)--goldman sachs asset management (“gsam”), investment adviser for the goldman sachs mlp and energy renaissance fund (the “fund”) (nyse: ger), announced today that the fund's board of trustees, at the recommendation of gsam, has approved a plan of liquidation and dissolution (the “plan”) for the fund. under the plan, which is effective today, the fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. the pla.
2023-05-12 08:30:00 - Press Release
Goldman Sachs Asset Management Announces Quarterly Distribution Of $0.240 Per Share
New york--(business wire)--goldman sachs mlp and energy renaissance fund (the “fund”) (nyse: ger) is announcing its quarterly distribution of $0.240 per common share, which represents a 9% increase over the distribution amount for the previous quarter. the distribution is payable on the date noted below. the distribution schedule is as follows: ex-date: may 22, 2023 record date: may 23, 2023 payable date: may 31, 2023 amount: $0.240 per share it is currently anticipated that a portion of this d.
2023-03-23 18:45:00 - Press Release
Goldman Sachs Asset Management Closed-end Fund Announces Results Of Annual Shareholder Meeting
New york--(business wire)--goldman sachs asset management, investment adviser for the goldman sachs mlp and energy renaissance fund (ger) (the “fund”), announced the results from the fund’s annual shareholder meeting held today. election of trustees shareholders of the fund elected two class ii trustees, linda a. lang and james a. mcnamara. for additional information, please visit the fund’s website at www.gsamfunds.com/cef. goldman sachs mlp and energy renaissance fund goldman sachs mlp and energy renaissance fund is a non-diversified, closed-end management investment company managed by goldman sachs asset management’s energy & infrastructure team, which is among the industry’s largest master limited partnerships (“mlps”) investment groups...
2023-02-10 09:16:00 - Press Release
Goldman Sachs Asset Management Announces Quarterly Distribution Of $0.220 Per Share
New york--(business wire)--goldman sachs mlp and energy renaissance fund (the “fund”) (nyse: ger) is announcing its quarterly distribution of $0.220 per common share, which represents a 10% increase over the distribution amount for the previous quarter. the distribution is payable on the date noted below. the distribution schedule is as follows: ex-date: february 21, 2023 record date: february 22, 2023 payable date: february 28, 2023 amount: $0.
Latest News
2023-07-04 05:45:32 - Seeking Alpha
GER To Liquidate, Voluntarily
GER to liquidate, voluntarily (!). Saba had a position, but was otherwise uninvolved. However, current alpha potential is slim.
2022-06-10 18:16:12 - Seeking Alpha
GER: Can This CEF Capitalize On Increased European LNG Demand?
MLPs and Midstream companies should benefit from increased demand for U.S. LNG supplies over the long run. Europeans usually rely on the SPOT market, while Asians sign long-term LNG deals.
2021-12-03 11:19:34 - Seeking Alpha
GER: Devastated By The COVID-19 Pandemic, Can It Capture Secular Trends Of Cleaner Energy
GER: Devastated By The COVID-19 Pandemic, Can It Capture Secular Trends Of Cleaner Energy
2021-08-13 08:46:00 - Business Wire
Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.165 Per Share
NEW YORK--(BUSINESS WIRE)--Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”) (NYSE: GER) is announcing its quarterly distribution of $0.165 per common share. The distribution is payable on the date noted below. The distribution schedule is as follows: Ex-Date: August 24, 2021 Record Date: August 25, 2021 Payable Date: August 31, 2021 Amount: $0.165 per share It is currently anticipated that a portion of this distribution will be treated for tax purposes as a return of capital, however,
2021-05-14 09:03:00 - Business Wire
Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.165 Per Share
NEW YORK--(BUSINESS WIRE)--Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”) (NYSE: GER) is announcing its quarterly distribution of $0.165 per common share. The distribution is payable on the date noted below. “We believe this increased level of payout to be representative of both the market's improving fundamentals as well as the Fund's cash flow generation. We appreciate our investors' continued ownership in the Fund and will continue to evaluate all ways to best maximize shareholde
2021-03-28 23:28:42 - Seeking Alpha
Consider GER As Energy Demand Rebounds
2021-02-12 16:15:00 - Business Wire
Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.155 Per Share
NEW YORK--(BUSINESS WIRE)--Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”) (NYSE: GER) is announcing its quarterly distribution of $0.155 per common share. The distribution is payable on the date noted below. The distribution schedule is as follows: Ex-Date: February 19, 2021 Record Date: February 22, 2021 Payable Date: February 26, 2021 Amount: $0.155 per share It is currently anticipated that a portion of this distribution will be treated for tax purposes as a return of capital, ho
2020-12-10 11:55:30 - Seeking Alpha
MLP Closed End Funds: Masters Of Value Destruction
2020-12-03 08:23:00 - Business Wire
Goldman Sachs Asset Management Announces Share Repurchase Program For Goldman Sachs MLP and Energy Renaissance Fund
NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management (“GSAM”), investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (“the Fund”) (NYSE: GER) announced today that the Fund's Board of Trustees has approved a share repurchase program for the Fund effective from January 2, 2021 through December 31, 2021. Under the share repurchase program, GER intends to purchase in the open market, up to $10 million of its outstanding common shares, if trading at a discount to net asset va
2020-11-30 17:05:00 - Business Wire
Goldman Sachs Asset Management to Host Quarterly MLP Closed-End Fund Conference Call
NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management (“GSAM”) will host a conference call for the Goldman Sachs MLP and Energy Renaissance Fund (NYSE: GER) on December 3rd, 2020 at 4:15 PM EST. The call will feature Kyri Loupis, Head of the Energy Infrastructure and Renewables team at GSAM, along with Portfolio Managers Ganesh Jois and Matthew Cooper. The call will briefly cover the market environment for the U.S. energy sector and provide an update on the closed-end fund investment strate