ClearBridge Energy MLP Fund Stock Price, News & Analysis (NYSE:CEM)

$13.51 0.06 (0.45 %)
(As of 12/11/2017 08:13 AM ET)
Previous Close$13.45
Today's Range$13.33 - $13.52
52-Week Range$12.10 - $17.96
Volume729,200 shs
Average Volume243,680 shs
Market Capitalization$946.77 million
P/E RatioN/A
Dividend Yield10.51%
Beta1.28

About ClearBridge Energy MLP Fund (NYSE:CEM)

ClearBridge Energy MLP Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector. Under normal market conditions, the Fund will invest at least 80% of its managed assets in MLPs in the energy sector. The Fund considers an entity to be within the energy sector if it derives at least 50% of its revenues from the business of exploring, developing, producing, gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund's investment manager and ClearBridge Investments, LLC (ClearBridge) is the Fund's sub advisor.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:CEM
CUSIPN/A
Phone+1-888-7770102

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares70,080,000

ClearBridge Energy MLP Fund (NYSE:CEM) Frequently Asked Questions

What is ClearBridge Energy MLP Fund's stock symbol?

ClearBridge Energy MLP Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEM."

How often does ClearBridge Energy MLP Fund pay dividends? What is the dividend yield for ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund declared a quarterly dividend on Tuesday, November 14th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.355 per share on Thursday, November 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.51%. The ex-dividend date is Wednesday, November 22nd. View ClearBridge Energy MLP Fund's Dividend History.

Who are some of ClearBridge Energy MLP Fund's key competitors?

Who are ClearBridge Energy MLP Fund's key executives?

ClearBridge Energy MLP Fund's management team includes the folowing people:

  • Jane E. Trust, Chairman of the Board, President, Chief Executive Officer, Trustee (Age 55)
  • Richard F. Sennett, Principal Financial Officer (Age 47)
  • Ted P. Becker, Chief Compliance Officer (Age 66)
  • Steven Frank, Treasurer (Age 50)
  • Jenna Bailey, Identity Theft Prevention Officer (Age 39)
  • Robert I. Frenkel, Secretary, Chief Legal Officer (Age 63)
  • William R. Hutchinson, Lead Independent Director (Age 75)
  • Robert D. Agdern, Director (Age 67)
  • Carol L. Colman, Independent Director (Age 71)
  • Daniel P. Cronin, Independent Director (Age 71)

Who owns ClearBridge Energy MLP Fund stock?

ClearBridge Energy MLP Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include NorthRock Partners LLC (1.90%), Sit Investment Associates Inc. (0.00%), Signature Estate & Investment Advisors LLC (1.52%), Fiduciary Trust Co. (0.00%), Terril Brothers Inc. (1.00%) and Advisors Asset Management Inc. (0.60%). Company insiders that own ClearBridge Energy MLP Fund stock include Chris Eades, Eileen A Kamerick, James Garfield Macveigh, John Tognetti, Peter Vanderlee, Richard A Freeman and Robert D Agdern. View Institutional Ownership Trends for ClearBridge Energy MLP Fund.

Who sold ClearBridge Energy MLP Fund stock? Who is selling ClearBridge Energy MLP Fund stock?

ClearBridge Energy MLP Fund's stock was sold by a variety of institutional investors in the last quarter, including Fiduciary Trust Co., Allen Investment Management LLC, Wells Fargo & Company MN, Doliver Capital Advisors LP and Oppenheimer & Co. Inc.. Company insiders that have sold ClearBridge Energy MLP Fund company stock in the last year include John Tognetti, Peter Vanderlee and Richard A Freeman. View Insider Buying and Selling for ClearBridge Energy MLP Fund.

Who bought ClearBridge Energy MLP Fund stock? Who is buying ClearBridge Energy MLP Fund stock?

ClearBridge Energy MLP Fund's stock was bought by a variety of institutional investors in the last quarter, including Signature Estate & Investment Advisors LLC, Terril Brothers Inc., Advisors Asset Management Inc., Sit Investment Associates Inc., Cedar Hill Associates LLC, NorthRock Partners LLC, Steward Partners Investment Advisory LLC and Citadel Advisors LLC. Company insiders that have bought ClearBridge Energy MLP Fund stock in the last two years include Chris Eades, Eileen A Kamerick, James Garfield Macveigh, John Tognetti, Peter Vanderlee and Robert D Agdern. View Insider Buying and Selling for ClearBridge Energy MLP Fund.

How do I buy ClearBridge Energy MLP Fund stock?

Shares of ClearBridge Energy MLP Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ClearBridge Energy MLP Fund's stock price today?

One share of ClearBridge Energy MLP Fund stock can currently be purchased for approximately $13.51.

How big of a company is ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund has a market capitalization of $946.77 million.

How can I contact ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The investment management company can be reached via phone at +1-888-7770102.


MarketBeat Community Rating for ClearBridge Energy MLP Fund (CEM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  45 (Vote Outperform)
Underperform Votes:  40 (Vote Underperform)
Total Votes:  85
MarketBeat's community ratings are surveys of what our community members think about ClearBridge Energy MLP Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

ClearBridge Energy MLP Fund (NYSE:CEM) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AN/AHold
Consensus Rating Score: N/AN/AN/A2.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

ClearBridge Energy MLP Fund (NYSE:CEM) Consensus Price Target History

Price Target History for ClearBridge Energy MLP Fund (NYSE:CEM)

ClearBridge Energy MLP Fund (NYSE:CEM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/17/2016Bank of AmericaDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 12/11/2015 forward)

Earnings

Earnings History for ClearBridge Energy MLP Fund (NYSE:CEM)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

ClearBridge Energy MLP Fund (NYSE:CEM) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

ClearBridge Energy MLP Fund (NYSE:CEM) Dividend Information

Most Recent Dividend:11/30/2017
Annual Dividend:$1.42
Dividend Yield:10.51%
Dividend Growth:-3.10% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for ClearBridge Energy MLP Fund (NYSE:CEM)

ClearBridge Energy MLP Fund (NYSE:CEM) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/14/2017quarterly$0.3611.23%11/22/201711/24/201711/30/2017
8/14/2017quarterly$0.369.62%8/23/20178/25/20179/1/2017
5/11/2017quarterly$0.368.72%5/17/20175/19/20176/1/2017
1/26/2017quarterly$0.368.31%2/15/20172/17/20172/24/2017
4/20/2015quarterly$0.426.51%5/20/20155/22/20155/29/2015
1/27/2015quarterly$0.426.38%2/18/20152/20/20152/27/2015
10/21/2014quarterly$0.415.97%11/19/201411/21/201411/28/2014
7/24/2014aug 14$0.415.49%8/20/20148/22/20148/29/2014
4/21/2014quarterly$0.415.9%5/21/20145/23/20145/30/2014
1/27/2014quarterly$0.416.23%2/19/20142/21/20142/28/2014
10/21/2013quarterly$0.405.9%11/20/201311/22/201311/29/2013
7/22/2013quarterly$0.405.6%8/21/20138/23/20138/30/2013
7/22/2013aug 13$0.408/21/20138/23/20138/30/2013
4/19/2013quarterly$0.395.7%5/22/20135/24/20135/31/2013
1/22/2013quarterly$0.386.06%2/13/20132/15/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

ClearBridge Energy MLP Fund (NYSE CEM) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for ClearBridge Energy MLP Fund (NYSE:CEM)
Insider Trades by Quarter for ClearBridge Energy MLP Fund (NYSE:CEM)

ClearBridge Energy MLP Fund (NYSE CEM) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/7/2017Peter VanderleeInsiderSell500$12.88$6,440.00View SEC Filing  
9/13/2017Chris EadesInsiderBuy1,000$14.96$14,960.00View SEC Filing  
8/18/2017John TognettiInsiderSell65,000$0.30$19,500.00
5/31/2017Chris EadesInsiderBuy1,600$15.68$25,088.00View SEC Filing  
3/30/2017James Garfield MacveighDirectorBuy100,000$0.13$13,000.00
2/24/2017James Garfield MacveighDirectorBuy200,000$0.12$24,000.00
12/20/2016Peter VanderleeInsiderBuy300$15.29$4,587.00View SEC Filing  
12/19/2016Richard A. FreemanPortfolio ManagerSell6,601$15.06$99,411.06View SEC Filing  
9/16/2016Eileen A KamerickDirectorBuy1,382$15.38$21,255.16View SEC Filing  
7/21/2016Robert D AgdernDirectorBuy3,095$16.07$49,736.65View SEC Filing  
12/1/2015Harry D CohenInsiderBuy15,000$18.52$277,800.00View SEC Filing  
9/25/2015William R. HutchinsonDirectorSell6,000$19.27$115,620.00View SEC Filing  
9/10/2015Carol L ColmanDirectorSell2,000$21.06$42,120.00View SEC Filing  
3/25/2015John TognettiInsiderBuy82,500$0.13$10,725.00
3/10/2015John TognettiInsiderBuy8,500$0.13$1,105.00
3/9/2015John TognettiInsiderBuy1,661,500$0.14$224,302.50
3/6/2015John TognettiInsiderBuy27,000$0.13$3,510.00
2/26/2015John TognettiInsiderBuy13,000$0.13$1,690.00
2/25/2015John TognettiInsiderBuy9,500$0.14$1,282.50
2/24/2015John TognettiInsiderBuy37,500$0.13$4,931.25
2/2/2015John TognettiInsiderBuy18,500$0.14$2,497.50
1/30/2015John TognettiInsiderBuy175,500$0.12$21,060.00
4/30/2014Mutual Life Insu MassachusettsMajor ShareholderBuy25,000,000$1.00$25,000,000.00View SEC Filing  
6/26/2013Chris EadesPortfolio ManagerBuy1,000$27.01$27,010.00View SEC Filing  
1/2/2013Harry D CohenInsiderBuy4,000$23.79$95,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

ClearBridge Energy MLP Fund (NYSE CEM) News Headlines

Source:
DateHeadline
ClearBridge Energy MLP Fund Inc (CEM) to Issue Quarterly Dividend of $0.36ClearBridge Energy MLP Fund Inc (CEM) to Issue Quarterly Dividend of $0.36
www.americanbankingnews.com - November 14 at 5:06 PM
Legg Mason Partners declares monthly distribution on fundsLegg Mason Partners declares monthly distribution on funds
seekingalpha.com - November 13 at 11:13 PM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of October 31, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of October 31, 2017
finance.yahoo.com - November 7 at 8:03 PM
ClearBridge Energy MLP Fund Inc. Portfolio Composition as of September 30, 2017ClearBridge Energy MLP Fund Inc. Portfolio Composition as of September 30, 2017
finance.yahoo.com - November 7 at 8:03 PM
ClearBridge Energy MLP Fund Inc. (CEM)ClearBridge Energy MLP Fund Inc. (CEM)
finance.yahoo.com - October 28 at 12:45 AM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2017
finance.yahoo.com - October 6 at 5:22 PM
ClearBridge Energy MLP Fund Inc (CEM) Insider Acquires $14,960.00 in StockClearBridge Energy MLP Fund Inc (CEM) Insider Acquires $14,960.00 in Stock
www.americanbankingnews.com - September 14 at 4:51 PM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2017
finance.yahoo.com - September 8 at 5:28 PM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of August 31, 2017
finance.yahoo.com - September 8 at 5:28 PM
ClearBridge Energy MLP Fund Inc (CEM) Insider John Tognetti Sells 65,000 SharesClearBridge Energy MLP Fund Inc (CEM) Insider John Tognetti Sells 65,000 Shares
www.americanbankingnews.com - August 21 at 1:28 PM
ClearBridge Energy MLP Fund Inc (CEM) Insider John Tognetti Buys 68,000 SharesClearBridge Energy MLP Fund Inc (CEM) Insider John Tognetti Buys 68,000 Shares
www.americanbankingnews.com - August 18 at 4:46 PM
ClearBridge Energy MLP Opportunity Fund declares $0.32 dividendClearBridge Energy MLP Opportunity Fund declares $0.32 dividend
seekingalpha.com - August 14 at 10:28 PM
ClearBridge Energy MLP Fund Inc Declares Quarterly Dividend of $0.36 (CEM)ClearBridge Energy MLP Fund Inc Declares Quarterly Dividend of $0.36 (CEM)
www.americanbankingnews.com - August 14 at 6:08 PM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2017
finance.yahoo.com - August 7 at 5:32 PM
ClearBridge Energy MLP Fund Inc. Portfolio Composition as of June 30, 2017ClearBridge Energy MLP Fund Inc. Portfolio Composition as of June 30, 2017
finance.yahoo.com - August 4 at 5:20 PM
ClearBridge Energy MLP Fund Inc (NYSE:CEM) Insider Acquires $32,130.00 in StockClearBridge Energy MLP Fund Inc (NYSE:CEM) Insider Acquires $32,130.00 in Stock
www.americanbankingnews.com - July 27 at 4:23 PM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2017
finance.yahoo.com - July 8 at 9:39 AM
ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of April 30, 2017ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of April 30, 2017
www.businesswire.com - May 5 at 4:26 PM
Form NSAR-B ClearBridge Energy MLP For: Nov 30Form NSAR-B ClearBridge Energy MLP For: Nov 30
www.streetinsider.com - January 30 at 5:00 PM
ClearBridge Energy MLP Total Return Fund Inc....ClearBridge Energy MLP Total Return Fund Inc....
www.benzinga.com - October 28 at 3:53 PM
ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2016ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of September 30, 2016
www.businesswire.com - October 7 at 9:02 AM
ClearBridge Energy MLP Fund Inc. (CEM) Ex-Dividend Date Scheduled for August ...ClearBridge Energy MLP Fund Inc. (CEM) Ex-Dividend Date Scheduled for August ...
www.nasdaq.com - August 16 at 4:12 PM
Fitch Affirms Clearbridge Funds Notes at AAA & MRPS at AAFitch Affirms Clearbridge Funds' Notes at 'AAA' & MRPS at 'AA'
www.businesswire.com - March 25 at 8:12 PM

SEC Filings

ClearBridge Energy MLP Fund (NYSE:CEM) SEC Filings

DateFilerForm TypeView
12/08/2017
10:42 AM
ClearBridge Energy MLP Fund (Issuer)
Vanderlee Peter (Reporting)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing

Social Media

Financials

ClearBridge Energy MLP Fund (NYSE:CEM) Income Statement, Balance Sheet and Cash Flow Statement

Chart

ClearBridge Energy MLP Fund (NYSE CEM) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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