Tortoise Midstream Energy Fund (NTG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $49.99 to $50.50
• 50-Day Range: $43.71 to $50.57
• 52-Week Range: $32.70 to $50.81
• Volume: 6,555 shs
• Average Volume: 12,739 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 6.24%
• Price Target: N/A
• Consensus Rating: N/A

Tortoise Midstream Energy Fund Stock Analysis - MarketRank™

Tortoise Midstream Energy Fund scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Tortoise Midstream Energy Fund.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tortoise Midstream Energy Fund is -1,678.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tortoise Midstream Energy Fund is -1,678.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Tortoise Midstream Energy Fund has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tortoise Midstream Energy Fund has recently decreased by 26.42%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Tortoise Midstream Energy Fund has a dividend yield of 0.12%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tortoise Midstream Energy Fund does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Tortoise Midstream Energy Fund has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tortoise Midstream Energy Fund has recently decreased by 26.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Tortoise Midstream Energy Fund has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Financial Services companies.

Search Interest

1 people have searched for NTG on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Tortoise Midstream Energy Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought $211,869.00 in company stock and sold $0.00 in company stock.

NTG Stock Analysis - Frequently Asked Questions

How have NTG shares performed this year?

Tortoise Midstream Energy Fund's stock was trading at $34.76 on January 1st, 2024. Since then, NTG shares have increased by 43.8% and is now trading at $49.99.
View the best growth stocks for 2024 here.

Who are Tortoise Midstream Energy Fund's major shareholders?

Tortoise Midstream Energy Fund's top institutional shareholders include Wealth Enhancement Advisory Services LLC, Financial Advocates Investment Management, Allspring Global Investments Holdings LLC and Private Advisor Group LLC. Insiders that own company stock include Saba Capital Management, LP, Conrad S Ciccotello, Jennifer Paquette, Prudential Financial Inc and H Kevin Birzer.
View institutional ownership trends.

How do I buy shares of Tortoise Midstream Energy Fund?

Shares of NTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tortoise Midstream Energy Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tortoise Midstream Energy Fund investors own include Kayne Anderson Energy Infrastructure Fund (KYN), Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG), AT&T (T), Pimco Dynamic Income Opportunities Fund (PDO), Pioneer Natural Resources (PXD), Rithm Capital (RITM) and Energy Transfer (ET).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/23/2024
• Dividend Payable: 8/30/2024
• Today: 11/02/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Fabricated Products
• Current Symbol: NYSE:NTG
• CUSIP: N/A
• CIK: 1057693
• Web: www.tortoiseadvisors.com
• Phone: (913) 981-1020
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $75.79 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A