Tortoise Midstream Energy Fund, Inc.

Tortoise Midstream Energy Fund, Inc.verified

NTG

Price:

$57.3752

Market Cap:

$292.20M

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.[Read more]

Industry

Asset Management

IPO Date

2010-07-29

Stock Exchange

NYSE

Ticker

NTG

The Enterprise Value as of November 2024 (TTM) for Tortoise Midstream Energy Fund, Inc. (NTG) is 349.24M

According to Tortoise Midstream Energy Fund, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 349.24M. This represents a change of 48.56% compared to the average of 235.09M of the last 4 quarters.

Tortoise Midstream Energy Fund, Inc. (NTG) Historical Enterprise Value (quarterly & annually)

How has NTG Enterprise Value performed in the past?

The mean historical Enterprise Value of Tortoise Midstream Energy Fund, Inc. over the last ten years is 2.04B. The current 349.24M Enterprise Value has changed 1.61% with respect to the historical average. Over the past ten years (40 quarters), NTG's Enterprise Value was at its highest in in the May 2017 quarter at 9.40B. The Enterprise Value was at its lowest in in the November 2021 quarter at 48.04M.

Quarterly (TTM)
Annual

Average

2.04B

Median

1.02B

Minimum

169.06M

Maximum

13.66B

Tortoise Midstream Energy Fund, Inc. (NTG) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Tortoise Midstream Energy Fund, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.58%

Maximum Annual Enterprise Value = 13.66B

Minimum Annual Increase = -90.77%

Minimum Annual Enterprise Value = 169.06M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023214.00M-15.85%
2022254.32M16.08%
2021219.08M29.58%
2020169.06M-82.29%
2019954.84M-23.73%
20181.25B15.48%
20171.08B-18.55%
20161.33B5.52%
20151.26B-90.77%
201413.66B3.77%

Tortoise Midstream Energy Fund, Inc. (NTG) Average Enterprise Value

How has NTG Enterprise Value performed in the past?

The current Enterprise Value of Tortoise Midstream Energy Fund, Inc. (NTG) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

229.13M

5-year avg

362.26M

10-year avg

2.04B

Tortoise Midstream Energy Fund, Inc. (NTG) Enterprise Value vs. Peers

How is NTG’s Enterprise Value compared to its peers?

Tortoise Midstream Energy Fund, Inc.’s Enterprise Value is greater than Tortoise Power and Energy Infrastructure Fund, Inc. (147.79M), less than Kayne Anderson NextGen Energy & Infrastructure, Inc. (385.76M), greater than Ecofin Sustainable and Social Impact Term Fund (188.98M), greater than RiverNorth Opportunistic Municipal Income Fund, Inc. (164.30M), greater than Tortoise Energy Independence Fund, Inc. (85.06M), greater than Flow Capital Corp. (45.41M), greater than Blackhawk Growth Corp. (2.95M), greater than Mount Logan Capital Inc. (8.63M), less than Tortoise Energy Infrastructure Corporation (599.40M), greater than DTF Tax-Free Income 2028 Term Fund Inc. (76.71M), greater than Destra Multi-Alternative Fund (94.84M), greater than NXG NextGen Infrastructure Income Fund (178.91M), greater than Tortoise Pipeline & Energy Fund, Inc. (121.51M), greater than Invesco High Income 2023 Target Term Fund (246.51M), greater than Abrdn Australia Equity Fund Inc (127.94M), greater than ClearBridge MLP and Midstream Total Return Fund Inc. (303.44M), greater than Nuveen Multi-Market Income Fund (80.94M), less than AllianceBernstein National Municipal Income Fund, Inc. (554.53M), greater than Eaton Vance Short Duration Diversified Income Fund (185.17M), greater than Virtus Diversified Income & Convertible Fund (325.90M), less than Ares Dynamic Credit Allocation Fund, Inc. (531.88M), less than DWS Municipal Income Trust (591.24M),

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Frequently asked questions❓

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What is the 5-year average Enterprise Value for Tortoise Midstream Energy Fund, Inc. (NTG)?

How does the current Enterprise Value for Tortoise Midstream Energy Fund, Inc. (NTG) compare to its historical average?