Date | Price Target | Rating | Analyst |
---|---|---|---|
3/2/2022 | $22.50 → $25.00 | Outperform | RBC Capital |
RBC Capital reiterated coverage of Topaz Energy with a rating of Outperform and set a new price target of $25.00 from $22.50 previously
RBC Capital upgraded Tortoise Power & Energy from Sector Perform to Outperform and set a new price target of $19.00 from $17.50 previously
N-PX - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Filer)
N-CSRS - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Filer)
DEF 14A - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Filer)
SC 13G - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Subject)
SC 13D - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Subject)
SC 13G - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Subject)
Wednesday marks the last chance for investors to receive the next dividend payout from Tortoise Power & Energy (NYSE:TPZ). What's Happening The company announced on Friday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Thursday, Tortoise Power & Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own TPZ as of the end of Wednesday's session are eligible to receive t
Monday marks the last chance for investors to receive the next dividend payout from Tortoise Power & Energy (NYSE:TPZ). What's Happening The company announced on Thursday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Tuesday, Tortoise Power & Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own TPZ as of the end of Monday's session are eligible to receive the 10.
RBC Capital analyst Luke Davis maintains Tortoise Power & Energy (NYSE:TPZ) with a Outperform and lowers the price target from $30 to $28.
4 - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Issuer)
4 - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Issuer)
4 - TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (0001408201) (Issuer)
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) Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) TortoiseEcofin today announced the appointment of Courtney Gengler, CPA as Principal Financial Officer and Treasurer for its closed-end funds effective July 14, 2021. This change will allow Brad Adams, recently serving in this role, to focus entirely on his responsibilities as CEO for the closed-end funds and pass the primary responsibility for financial filings and the re
OVERLAND PARK, KS / ACCESSWIRE / September 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarter of 2024. Following the close of trading on Friday, Sept. 20, 2024, the indices will be rebalanced according to their stated methodologies and as a result, the following changes will become effective.Tortoise MLP Index ®(TMLP/TMLPT)ActionCompanyTickerAdditionTXO Partners LPTXOTortoise North American Pipeline IndexSM(TNAP/TNAPT)ActionCompanyTicker No Changes Ecofin Global Water ESG IndexSM(EGWESG/EGWESGT)ActionCompanyTickerDeletionCalifornia Water Service GroupCWTDeletionSJW GroupSJWAdditionFort
OVERLAND PARK, KS / ACCESSWIRE / September 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the September monthly distribution of $0.105 per share payable on Sept. 30, 2024, to shareholders of record on Sept. 23, 2024.You should not draw any conclusions about TPZ's investment performance from the amount of this distribution or from the terms of TPZ's distribution policy.TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return
OVERLAND PARK, KS / ACCESSWIRE / September 3, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP and TPZ.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Aug. 30, 2024, the company's unaudited total assets were approximately $583.9 million and its unaudited net asset value was $460.9 million, or $42.82 per share.As of Aug. 30, 2024, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 682%, and its coverage ratio for preferred shares was 481%. For more information on the company's coverage ra
Actively Managed ETF Aims to Offer Investors Greater Liquidity at Net Asset Value OVERLAND PARK, KS / ACCESSWIRE / August 6, 2024 / Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on traditional energy and power infrastructure investing, today announced its plans to merge three of its closed-end funds into a newly formed actively managed exchange-traded fund (ETF), Tortoise Power and Energy Infrastructure ETF.The three similar funds merging into an active ETF are Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ), Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP), and Tortoise Energy Independence Fund, Inc. (NYSE:NDP), with TPZ as the surviving strateg
Actively Managed ETF Aims to Offer Investors Greater Liquidity at Net Asset Value OVERLAND PARK, Kan., Aug. 6, 2024 /PRNewswire/ -- Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on traditional energy and power infrastructure investing, today announced its plans to merge three of its closed-end funds into a newly formed actively managed exchange-traded fund (ETF), Tortoise Power and Energy Infrastructure ETF. The three similar funds merging into an active ETF are Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ), Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP), and Tortoise Energy Independence Fund, Inc. (NYSE:NDP), with TPZ as the surviving str
OVERLAND PARK, KS / ACCESSWIRE / February 27, 2024 / Tortoise Energy Infrastructure Total Return Fund (NASDAQ:TORIX) announced a quarterly distribution of $0.1980 per share, which is a notable increase quarter-over-quarter.Within the energy infrastructure sector, the trend of free cash flow increasingly directed towards share buybacks and improved current yield has continued. As a result, we are passing along the value from higher distribution growth to our shareholders.We now have greater conviction in potential 5-7% sector growth over the medium-term. "Based on longer-dated guidance and disciplined capital return policies, energy infrastructure management teams are increasingly confident i