Tortoise Midstream Energy Fund Inc (N:NTG)
Business Focus: Closed End Funds
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEC Form 4 filings for NTG*US within the last 6 months
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Company News
Apr 01, 2024 18:55 ET
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.
Feb 07, 2024 16:35 ET
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.
Valuation Ratios
Industry
Sector
Beta
2.66
--
--
Price to Sales - TTM
23.65
9.63
3.56
Price to Book - most recent quarter
0.87
0.92
1.29
Price to Cash Flow per share - TTM
--
12.04
11.90
Price to Free Cash Flow per share - TTM
10.27
17.52
15.27
Business Summary
| Sector: Financials | Industry: Closed End Funds |
Tortoise Midstream Energy Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund primarily invests in midstream energy entities that own and operate a network of pipeline and energy-related logistical infrastructure assets with an emphasis on those that transport, gather, process and store natural gas and natural gas liquids (NGLs). The Fund targets midstream energy entities, including master limited partnerships (MLPs) benefiting from the United States natural gas production and global consumption expansion with limited direct commodity exposure. The Fund invests at least 80% of its total investments in equity securities of midstream energy entities in the energy infrastructure sector, including MLPs, with at least 50% of its total investments in equity securities of natural gas infrastructure entities. Tortoise Capital Advisors, L.L.C. serves as an investment advisor of the Fund.
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