The Technical Analyst
Tortoise Midstream Energy [NTG]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Tortoise Midstream Energy Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.23% $39.15
America/New_York / 8 mai 2024 @ 15:54
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 220.92 mill |
| EPS: | -4.06 |
| P/E: | -9.64 |
| Earnings Date: | N/A |
| SharesOutstanding: | 5.64 mill |
| Avg Daily Volume: | 0.0114 mill |
| RATING 2024-05-08 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | n/a | n/a | n/a | |||
| Gr.Profit | n/a | n/a | n/a | |||
| Ebit | n/a | n/a | n/a | |||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -9.64 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.48x |
| Company: PE -9.64 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-8.20 (-120.95%) $-47.35 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 38.60 - 39.70 ( +/- 1.42%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-01-09 | Ciccotello Conrad S | Buy | 300 | Common Shares |
| 2023-03-22 | Saba Capital Management, L.p. | Sell | 7 845 | Common Stock |
| 2023-03-23 | Saba Capital Management, L.p. | Sell | 3 223 | Common Stock |
| 2023-03-20 | Saba Capital Management, L.p. | Sell | 5 200 | Common Stock |
| 2023-03-21 | Saba Capital Management, L.p. | Sell | 3 500 | Common Stock |
| INSIDER POWER |
|---|
| -92.10 |
| Last 95 transactions |
| Buy: 66 710 864 | Sell: 73 998 145 |
Forecast:
16:00 - $39.15
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $39.15
Forecast 2: 16:00 - $39.15
Forecast 3: 16:00 - $39.15
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 | $39.15 (0.23% ) |
| Volume | 0.0133 mill |
| Avg. Vol. | 0.0114 mill |
| % of Avg. Vol | 116.92 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NTG
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 | % |
|---|
NTG
Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States.
Latest Press Releases
2024-05-08 18:15:00 - Press Release
Tortoise Announces Distribution Amounts For Its Closed-end Funds
Distribution amounts and dates declared for: 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) overland park, ks / accesswire / may 8, 2024 / tortoise and the board of its closed-end funds announced distributions for its closed-end funds. tortoise closed-end funds distribution details are as follows: fund ticker distribution amount distribution target of average nav distribution frequency tortoise energy infrastructure corp. tyg $0.71 7%-10% quarterly tortoise midstream energy fund, inc...
2024-04-01 18:55:00 - Press Release
Tortoise Provides Unaudited Balance Sheet Information And Asset Coverage Ratio Updates As Of March 28, 2024, For Tyg, Ntg, Ttp, Ndp And Tpz
Overland park, ks / accesswire / april 1, 2024 / tortoise today announced the following 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 march 28, 2024, the company's unaudited total assets were approximately $529.6 million and its unaudited net asset value was $415.8 million, or $38.62 per share.
2024-03-01 18:10:00 - Press Release
Tortoise Provides Unaudited Balance Sheet Information And Asset Coverage Ratio Updates As Of February 29, 2024, For Tyg, Ntg, Ttp, Ndp And Tpz
Overland park, ks / accesswire / march 1, 2024 / tortoise today announced the following 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 february 29, 2024, the company's unaudited total assets were approximately $500.0 million and its unaudited net asset value was $382.8 million, or $35.56 per share.
2024-02-07 16:35:00 - Press Release
Tortoise Announces Distribution Amounts For Its Closed-end Funds
Overland park, ks / accesswire / february 7, 2024 / tortoise and the board of its closed-end funds announced distributions for its closed-end funds. tortoise closed-end funds distribution details are as follows: fund ticker distribution amount distribution target of average nav distribution frequency tortoise energy infrastructure corp. tyg $0.71 7%-10% quarterly tortoise midstream energy fund, inc. ntg $0.77 7%-10% quarterly tortoise pipeline & energy fund, inc. ttp $0.59 7%-10% quarterly tortoise energy independence fund, inc., ndp $0.63 7%-10% quarterly tortoise power and energy infrastructure fund, inc. tpz $0.105 7%-10% monthly tyg, ntg, ttp, ndp and tpz distributions are payable on february 29, 2024, to shareholders of record on february 22, 2024.
2024-02-01 18:40:00 - Press Release
Tortoise Provides Unaudited Balance Sheet Information And Asset Coverage Ratio Updates As Of January 31, 2024, For Tyg, Ntg, Ttp, Ndp And Tpz
Overland park, ks / accesswire / february 1, 2024 / tortoise today announced the following 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 january 31, 2024, the company's unaudited total assets were approximately $487.3 million and its unaudited net asset value was $374.1 million, or $34.76 per share.
Latest News
2024-02-25 11:06:53 - Seeking Alpha
NTG: Looking Like An Opportunity
The Tortoise Midstream Energy Fund is a closed-end fund that invests in midstreams and MLPs with a focus on natural gas. NTG is trading at a deep discount, while natural gas prices have also been getting hit lately, putting some pressure on the underlying holdings of the fund. The underlying midstream companies should be relatively sheltered from the underlying commodity prices, which should continue to deliver consistent cash flows.
2023-12-18 18:10:24 - Seeking Alpha
NTG: Despite The Fall In Natural Gas Prices, This CEF Is A Buy
Natural gas prices have fallen over 30% since October, creating buying opportunities in the natural gas transportation sector. High production and a warm winter have contributed to the collapse in natural gas prices. The Tortoise Midstream Energy Fund is a closed-end fund focused on natural gas transportation companies.
2023-12-01 11:22:23 - Seeking Alpha
Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)
22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.
2023-11-09 13:36:42 - Seeking Alpha
NTG: A Competent Midstream Fund With An 8.80% Yield
The Tortoise Midstream Energy Fund offers a solution for including midstream energy companies in tax-advantaged retirement accounts without tax problems. The NTG closed-end fund has a decent performance, with a 0.37% increase in share price since my last article and an 8.80% yield. The fund invests primarily in common equities of midstream partnerships and corporations, providing a high level of total return.
2023-09-04 10:17:28 - Seeking Alpha
Weekly Closed-End Fund Roundup: Tortoise Tender Offers Announced (August 27, 2023)
9 out of 22 CEF sectors positive on price and 12 out of 22 sectors positive on NAV. Tortoise tender offers are announced. Tender offers are part of the funds' discount management program.
2023-08-24 08:07:42 - Seeking Alpha
NTG: This 8.65%-Yielding Midstream Fund Is Trading At A Huge Discount
Tortoise Midstream Energy Fund is a closed-end fund that primarily invests in midstream companies, offering a diversified portfolio for investors. The fund currently yields 8.65%, slightly higher than the Alerian MLP Index, but not as much as desired. NTG has seen a respectable 3.43% year-to-date return and could see price appreciation if oil prices continue to rise.
2022-11-15 12:59:04 - Seeking Alpha
Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
2022-11-06 00:11:58 - Seeking Alpha
NTG: Tender Offer Results, Tighter Discount
Tortoise Midstream Energy Fund, Inc is a closed end fund focused on midstream energy entities. The fund has been trading at substantial discounts to NAV and the management team announced a tender offer for 5% of its shares back in August.
2022-11-01 12:51:54 - Seeking Alpha
Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)
16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.
2022-10-24 12:22:08 - Seeking Alpha
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.