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

$14.98 -0.06 (-0.40 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$14.98
Today's Range$14.88 - $15.13
52-Week Range$12.10 - $17.70
Volume135,069 shs
Average Volume295,445 shs
Market Capitalization$1.05 billion
P/E RatioN/A
Dividend Yield9.48%
Beta1.27

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.

Receive CEM News and Ratings via Email

Sign-up to receive the latest news and ratings for CEM and its competitors with MarketBeat's FREE daily newsletter.

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 announced a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Friday, February 16th will be given a dividend of $0.355 per share on Thursday, March 1st. This represents a $1.42 dividend on an annualized basis and a yield of 9.48%. The ex-dividend date is Thursday, February 15th. View ClearBridge Energy MLP Fund's Dividend History.

Are investors shorting ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund saw a decrease in short interest in January. As of January 31st, there was short interest totalling 342,449 shares, a decrease of 42.6% from the January 12th total of 596,309 shares. Based on an average trading volume of 252,545 shares, the short-interest ratio is currently 1.4 days. Currently, 0.5% of the company's shares are short sold.

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 number of of retail and institutional investors. Top institutional investors include NorthRock Partners LLC (2.06%), Sit Investment Associates Inc. (1.99%), Signature Estate & Investment Advisors LLC (1.52%), Terril Brothers Inc. (1.43%), Fiduciary Trust Co. (0.97%) and Guggenheim Capital LLC (0.69%). 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., Private Advisor Group LLC, Raymond James & Associates, BB&T Securities LLC, Cedar Hill Associates LLC, Steward Partners Investment Advisory LLC, Oppenheimer & Co. Inc. and Bush Odonnell Investment Advisors Inc.. Company insiders that have sold ClearBridge Energy MLP Fund company stock in the last year include John Tognetti and Peter Vanderlee. 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 Terril Brothers Inc., Sit Investment Associates Inc., Icon Wealth Partners LLC, Edge Wealth Management LLC, NorthRock Partners LLC, Oxbow Advisors LLC, Ares Management LLC and Millennium Management 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 $14.98.

How big of a company is ClearBridge Energy MLP Fund?

ClearBridge Energy MLP Fund has a market capitalization of $1.05 billion.

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:  2.8 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  52 (Vote Underperform)
Total Votes:  120
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) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

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

Next Dividend:3/1/2018
Annual Dividend:$1.42
Dividend Yield:9.48%
Dividend Growth:-4.40% (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
1/23/2018quarterly$0.368.3%2/15/20182/16/20183/1/2018
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)
Institutional Ownership 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 TransactionShares Held After TransactionDetails
12/11/2017Chris EadesInsiderBuy1,830$13.71$25,089.306,430View SEC Filing  
12/7/2017Peter VanderleeInsiderSell500$12.88$6,440.002,800View SEC Filing  
9/13/2017Chris EadesInsiderBuy1,000$14.96$14,960.004,600View SEC Filing  
8/18/2017John TognettiInsiderSell65,000$0.30$19,500.00
5/31/2017Chris EadesInsiderBuy1,600$15.68$25,088.003,600View 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$4,587.003,300View SEC Filing  
12/19/2016Richard A. FreemanPortfolio ManagerSell6,601$15.06$99,411.06View SEC Filing  
9/16/2016Eileen A KamerickDirectorBuy1,382$15.38$21,255.161,382View SEC Filing  
7/21/2016Robert D AgdernDirectorBuy3,095$16.07$49,736.653,095View SEC Filing  
12/1/2015Harry D CohenInsiderBuy15,000$18.52$277,800.0046,666View SEC Filing  
9/25/2015William R. HutchinsonDirectorSell6,000$19.27$115,620.00View SEC Filing  
9/10/2015Carol L ColmanDirectorSell2,000$21.06$42,120.001,120View 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
Short Interest in ClearBridge Energy MLP Fund Inc (CEM) Declines By 42.6%Short Interest in ClearBridge Energy MLP Fund Inc (CEM) Declines By 42.6%
www.americanbankingnews.com - February 15 at 1:58 AM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of January 31, 2018ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of January 31, 2018
finance.yahoo.com - February 7 at 9:20 AM
ClearBridge Energy MLP Fund Inc (CEM) Plans $0.36 Quarterly DividendClearBridge Energy MLP Fund Inc (CEM) Plans $0.36 Quarterly Dividend
www.americanbankingnews.com - January 23 at 5:24 PM
ClearBridge Energy MLP Fund Inc (CEM) Short Interest Down 58.6% in DecemberClearBridge Energy MLP Fund Inc (CEM) Short Interest Down 58.6% in December
www.americanbankingnews.com - January 18 at 2:32 AM
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of December 31, 2017ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of December 31, 2017
finance.yahoo.com - January 8 at 9:50 AM
ClearBridge Investments Energy MLP Closed-End Funds Conference Call Replay Is Now AvailableClearBridge Investments Energy MLP Closed-End Funds Conference Call Replay Is Now Available
finance.yahoo.com - December 15 at 5:48 PM
Chris Eades Acquires 1,830 Shares of ClearBridge Energy MLP Fund Inc (CEM) StockChris Eades Acquires 1,830 Shares of ClearBridge Energy MLP Fund Inc (CEM) Stock
www.americanbankingnews.com - December 12 at 2:42 PM
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

This page is loading this company's SEC Filings. Please wait...

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 Saturday, February, 24, 2018

Loading chart…

This page was last updated on 2/24/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.