Tortoise Electrification Infrastructure ETF

Tortoise Electrification Infrastructure ETF

TPZ
Tortoise Electrification Infrastructure ETFUS flagNew York Stock Exchange
20.25
USD
-0.23
(-0.10%)
0.99EPS
20.66P/E
119.28MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
Revenue per Share
-0.14
0.01
-0.48
-3.51
2.56
2.02
- -
Basic EPS, GAAP
-0.15
-0.07
-0.56
-3.64
2.49
1.93
- -
Free Cash Flow per Basic Share
0.15
1.49
1.4
5.1
1.54
1.67
- -
Dividend per Share
0.21
1.49
1.5
1.04
0.6
1.19
- -
Book Value per Share
0.09
1.19
-0.76
-4.98
-2.8
-1.46
- -
Tangible Book Value per Share
3
19.56
17.74
12.75
14
15.34
- -
Basic Weighted Avg Shares
49
7
7
7
7
6
- -
Sales/Revenue/Turnover
-7
- -
-3
-25
18
13
10
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-7
- -
-4
-26
18
12
10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
107.69
-849.59
116.73
103.65
97.13
95.32
95.42
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
53
53
54
26
24
26
25
Total Equity
148
137
123
89
98
98
96
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-7.55
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-6.08%
-2.57%
Free Cash Flow
- -
43.79%
28.94%
Net Income, GAAP
- -
206.06%
-19.54%
Sales/Revenue/Turnover
- -
-1,086.11%
-19.62%
Total Cash Common Dividend
- -
- -
2.35%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
18
2022
- -
- -
- -
- -
13
2023
- -
- -
- -
- -
10

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
2.49
2022
- -
- -
- -
- -
1.93
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.6
2022
- -
- -
- -
- -
1.19
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Terry Clyde Matlack
Sector
Financial Services
Industry
Asset Management
Address
6363 College Boulevard Overland Park KS United States of America 66211-1938
IPO Date
Jul 29, 2009
Business
Tortoise Essential Energy Fund, an actively managed exchange-traded fund, is guided by Tortoise Capital Advisors, LLC. The fund's primary objective is to deliver a substantial level of current income to its shareholders, complemented by a secondary aim of capital appreciation. It strategically deploys capital across the essential energy infrastructure landscape, investing in companies that operate in areas such as power generation, regulated utilities, liquefied natural gas facilities, and transmission systems. This positioning seeks to benefit from the growing demand for electricity driven by advancements in data centers and transportation. The investment process employs a rigorous, research-driven fundamental analysis, utilizing a bottom-up selection methodology. Its strategy involves dynamically reallocating across different energy sectors, informed by comprehensive quantitative, qualitative, and relative value assessments, to balance growth opportunities with income stability. The fund generates income through dividend-paying equities, credit-related instruments, and implements options strategies, including the writing of covered calls, to enhance yield and manage risk. Initially established on July 5, 2007, as a closed-end fund, it completed its conversion into its present active ETF structure following a merger on December 23, 2024. The Tortoise Essential Energy Fund is domiciled in the United States.

Company News

APIChat
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  • Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

  • Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

  • Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

  • Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ

  • Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice

  • TPZ: More Consolidation In The MLP CEF Space

  • TPZ: This 7.33%-Yielding Fund Still Looks Like A Decent Way To Get Income Today

  • Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF

  • Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

  • Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report