The Technical Analyst
Tortoise Energy [TYG]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Tortoise Energy Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.30% $32.61
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 388.97 mill |
| EPS: | -1.220 |
| P/E: | -26.73 |
| Earnings Date: | Jul 10, 2024 |
| SharesOutstanding: | 11.93 mill |
| Avg Daily Volume: | 0.0462 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: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -26.73 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -1.33x |
| Company: PE -26.73 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-5.53 (-116.94%) $-38.14 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 32.12 - 33.10 ( +/- 1.50%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-11-30 | Birzer H Kevin | Buy | 0 | |
| 2024-01-09 | Ciccotello Conrad S | Buy | 400 | Common Shares |
| 2023-02-28 | Ciccotello Conrad S | Buy | 200 | Common Shares |
| 2022-09-26 | Ciccotello Conrad S | Buy | 4 | Common Shares |
| 2022-09-26 | Ciccotello Conrad S | Buy | 196 | Common Shares |
| INSIDER POWER |
|---|
| 100.00 |
| Last 91 transactions |
| Buy: 7 688 588 | Sell: 76 539 104 |
Forecast:
16:00 - $32.63
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $32.63
Forecast 2: 16:00 - $32.63
Forecast 3: 16:00 - $32.63
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 | $32.61 (1.30% ) |
| Volume | 0.0375 mill |
| Avg. Vol. | 0.0462 mill |
| % of Avg. Vol | 81.25 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For TYG
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 | % |
|---|
TYG
Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the 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
2024-03-24 03:22:40 - Seeking Alpha
TYG: Performance Laggard With No Near-Term Catalyst
Tortoise Energy Infrastructure Corp. is a closed-end fund that invests in midstream and renewable energy companies to provide high current income. The fund has underperformed the S&P 500 Index and Alerian MLP Index since our last discussion, but its distributions have helped offset the underperformance. The fund's focus on renewable energy has contributed to its recent underperformance, as the sector has faced setbacks in an inflationary environment.
2023-12-28 09:28:20 - Seeking Alpha
TYG: Shares Underperforming Portfolio Could Present An Opportunity
Tortoise Energy Infrastructure Corporation is a closed-end fund that provides access to a diversified portfolio of pipeline operators and renewable energy producers. The TYG closed-end fund offers a higher yield of 9.92% compared to other energy infrastructure funds. The fund's performance has been mediocre, but its leverage has decreased, and its net asset value has increased, making it potentially undervalued.
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.
2023-10-02 12:18:44 - Seeking Alpha
TYG: A Bit Of An Underperformer, But Not Horrible
Tortoise Energy Infrastructure Corporation focuses on investing in midstream companies and other energy infrastructure companies. Rising energy prices are driving the demand for energy production and infrastructure, potentially, leading to growth for the companies in which the fund invests. The TYG closed-end fund has a high dividend yield of 9.83% and a portfolio that includes a balance of natural gas-focused midstream companies and renewable energy and utility plays.
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.
2023-07-17 07:11:34 - Seeking Alpha
TYG: A Few Pluses, But A Historical Underperformer
Midstream MLPs have long been favorites of income investors due to their stable cash flows and very high yields. TYG invests in a portfolio of natural gas MLPs and renewable companies in an attempt to give investors exposure to the energy transition. The fund historically underperforms its benchmark indices by quite a lot, which is unfortunate.
2023-04-29 02:52:37 - Seeking Alpha
TYG: Discount Deepens On This Infrastructure Fund
TYG has seen its discount expand a bit since our last update. Energy and utilities were weaker performers in 2023 so far.
2023-03-09 15:14:17 - Seeking Alpha
Closed-End Funds: Misclassifications Can Lead To Misunderstanding
Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things change constantly.
2023-01-03 08:36:00 - Forbes
The Worst Sector For Income Investors To Buy In 2023
In light of dimming prospects for oil and gas, I've avoided adding funds that hold energy companies.
2022-12-16 11:25:42 - Seeking Alpha
TYG: Energy Infrastructure At A Discount
TYG's discount is heading back out wider after volatility in the energy sector, and their tender offer ends. The fund is attractively discounted for investors lacking some energy infrastructure exposure.