NYSE:TTP - Tortoise Pipeline and Energy Fund Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$17.05 -0.27 (-1.56 %)
(As of 05/25/2018 08:00 AM ET)
Previous Close$17.32
Today's Range$17.04 - $17.40
52-Week Range$15.55 - $20.91
Volume58,800 shs
Average Volume47,546 shs
Market Capitalization$172.28 million
P/E RatioN/A
Dividend Yield9.38%
Beta1.41

About Tortoise Pipeline and Energy Fund (NYSE:TTP)

Tortoise Pipeline & Energy Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in equity securities of North American pipeline companies that transport natural gas, natural gas liquids (NGLs), crude oil and refined products, and in other energy infrastructure companies. Under normal circumstances, it invests at least 80% of its total assets (including assets obtained through leverage) in equity securities of pipeline and other energy infrastructure companies. It may invest up to 30% of its total assets in unregistered or otherwise restricted securities, primarily through direct investments, and will not invest in private companies. The Fund may invest up to 20% of its total assets in debt securities, including those rated below investment grade. The Fund's investment advisor is Tortoise Capital Advisors, L.L.C.

Receive TTP News and Ratings via Email

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

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:TTP
CUSIPN/A
Phone+1-913-9811020

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

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares10,020,000

Tortoise Pipeline and Energy Fund (NYSE:TTP) Frequently Asked Questions

What is Tortoise Pipeline and Energy Fund's stock symbol?

Tortoise Pipeline and Energy Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTP."

How often does Tortoise Pipeline and Energy Fund pay dividends? What is the dividend yield for Tortoise Pipeline and Energy Fund?

Tortoise Pipeline and Energy Fund declared a quarterly dividend on Monday, May 7th. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.4075 per share on Thursday, May 31st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 9.56%. The ex-dividend date is Wednesday, May 23rd. View Tortoise Pipeline and Energy Fund's Dividend History.

Who are Tortoise Pipeline and Energy Fund's key executives?

Tortoise Pipeline and Energy Fund's management team includes the folowing people:
  • H. Kevin Birzer, Chairman of the Board
  • Zachary A. Hamel, President
  • Terry C. Matlack CFA, Chief Executive Officer, Director
  • P. Bradley Adams, Chief Financial Officer
  • Kenneth P. Malvey, Senior Vice President, Treasurer
  • David J. Schulte CPA, Senior Vice President
  • Charles E. Heath, Lead Independent Director
  • Rand C. Berney, Independent Director
  • Conrad S. Ciccotello, Independent Director
  • Alexandra A. Herger, Independent Director

Has Tortoise Pipeline and Energy Fund been receiving favorable news coverage?

News articles about TTP stock have trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tortoise Pipeline and Energy Fund earned a news impact score of 0.23 on Accern's scale. They also assigned press coverage about the investment management company an impact score of 45.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Tortoise Pipeline and Energy Fund's major shareholders?

Tortoise Pipeline and Energy Fund's stock is owned by many different of institutional and retail investors. Top institutional investors include Thomas J. Herzfeld Advisors Inc. (2.08%), Lincoln National Corp (1.35%), Mariner LLC (0.94%), Freestone Capital Holdings LLC (0.70%), Quantum Capital Management LLC NJ (0.64%) and Wells Fargo & Company MN (0.25%). View Institutional Ownership Trends for Tortoise Pipeline and Energy Fund.

Which major investors are selling Tortoise Pipeline and Energy Fund stock?

TTP stock was sold by a variety of institutional investors in the last quarter, including Thomas J. Herzfeld Advisors Inc., Royal Bank of Canada, Wells Fargo & Company MN, IFP Advisors Inc and Freestone Capital Holdings LLC. View Insider Buying and Selling for Tortoise Pipeline and Energy Fund.

Which major investors are buying Tortoise Pipeline and Energy Fund stock?

TTP stock was bought by a variety of institutional investors in the last quarter, including Quantum Capital Management LLC NJ, Lincoln National Corp and Mariner LLC. View Insider Buying and Selling for Tortoise Pipeline and Energy Fund.

How do I buy shares of Tortoise Pipeline and Energy Fund?

Shares of TTP 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 Tortoise Pipeline and Energy Fund's stock price today?

One share of TTP stock can currently be purchased for approximately $17.05.

How big of a company is Tortoise Pipeline and Energy Fund?

Tortoise Pipeline and Energy Fund has a market capitalization of $172.28 million.

How can I contact Tortoise Pipeline and Energy Fund?

Tortoise Pipeline and Energy Fund's mailing address is 11550 Ash St Ste 300, LEAWOOD, KS 66211-7811, United States. The investment management company can be reached via phone at +1-913-9811020.


MarketBeat Community Rating for Tortoise Pipeline and Energy Fund (TTP)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  56 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  101
MarketBeat's community ratings are surveys of what our community members think about Tortoise Pipeline and Energy Fund and other stocks. Vote "Outperform" if you believe TTP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTP will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Tortoise Pipeline and Energy Fund (NYSE:TTP) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/25/2016 forward)

Earnings

Dividends

Tortoise Pipeline and Energy Fund (NYSE:TTP) Dividend Information

Tortoise Pipeline and Energy Fund pays an annual dividend of $1.63 per share, with a dividend yield of 9.56%. TTP's next quarterly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$1.63
Dividend Yield:9.56%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Tortoise Pipeline and Energy Fund (NYSE:TTP)

Tortoise Pipeline and Energy Fund (NYSE:TTP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/7/2018quarterly$0.40759.52%5/23/20185/24/20185/31/2018
2/12/2018quarterly$0.40759.02%2/20/20182/21/20182/28/2018
11/7/2017quarterly$0.40758.96%11/21/201711/22/201711/30/2017
8/8/2017quarterly$0.40758.67%8/22/20178/24/20178/31/2017
5/10/2017quarterly$0.40757.66%5/22/20175/24/20175/31/2017
2/13/2017quarterly$0.40757.46%2/16/20172/21/20172/28/2017
5/12/2015quarterly$0.456.33%5/20/20155/22/20155/29/2015
2/10/2015quarterly$0.456.18%2/18/20152/20/20152/27/2015
12/11/2014special$0.155.72%12/22/201412/24/201412/31/2014
11/11/2014quarterly$0.40755.04%11/19/201411/21/201411/28/2014
8/12/2014quarterly$0.40754.75%8/20/20148/22/20148/29/2014
5/13/2014quarterly$0.40755.18%5/20/20145/22/20145/30/2014
2/11/2014quarterly$0.40755.75%2/19/20142/21/20142/28/2014
11/12/2013quarterly$0.40755.79%11/20/201311/22/201311/29/2013
8/9/2013quarterly$0.40755.51%8/21/20138/23/20139/3/2013
5/7/2013quarterly$0.40755.53%5/21/20135/23/20136/3/2013
2/12/2013quarterly$0.40755.98%2/19/20132/21/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Tortoise Pipeline and Energy Fund (NYSE TTP) Insider Trading and Institutional Ownership History

Insider Trading History for Tortoise Pipeline and Energy Fund (NYSE:TTP)
Institutional Ownership by Quarter for Tortoise Pipeline and Energy Fund (NYSE:TTP)

Tortoise Pipeline and Energy Fund (NYSE TTP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/10/2017H Kevin BirzerInsiderBuy100$19.02$1,902.007,201View SEC Filing  
4/12/2017H Kevin BirzerInsiderBuy100$21.75$2,175.007,101View SEC Filing  
1/5/2017H Kevin BirzerInsiderBuy100$21.96$2,196.007,001View SEC Filing  
10/5/2016H Kevin BirzerInsiderBuy100$21.02$2,102.006,901View SEC Filing  
7/5/2016H Kevin BirzerInsiderBuy100$18.26$1,826.006,801View SEC Filing  
4/8/2016Matthew SalleeInsiderBuy400$14.61$5,844.00400View SEC Filing  
4/4/2016H Kevin BirzerInsiderBuy100$14.08$1,408.006,701View SEC Filing  
2/18/2016Brian Alan KessensInsiderBuy440$11.42$5,024.801,150View SEC Filing  
12/17/2015Conrad S CiccotelloDirectorBuy200$12.86$2,572.001,338View SEC Filing  
12/10/2015Rand C BerneyDirectorBuy372$13.82$5,141.041,067View SEC Filing  
2/27/2015Terry MatlackCEOBuy1,500$29.24$43,860.00View SEC Filing  
9/24/2013Zachary A HamelPresidentBuy1,000$27.43$27,430.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Tortoise Pipeline and Energy Fund (NYSE TTP) News Headlines

Source:
DateHeadline
Tortoise Pipeline & Energy Fund, Inc. (TTP)...Tortoise Pipeline & Energy Fund, Inc. (TTP)...
www.nasdaq.com - May 22 at 9:36 AM
Tortoise Pipeline and Energy Fund Inc (TTP) Plans $0.41 Quarterly DividendTortoise Pipeline and Energy Fund Inc (TTP) Plans $0.41 Quarterly Dividend
www.americanbankingnews.com - May 7 at 6:52 PM
Tortoise Pipeline and Energy Fund Inc (TTP) Declares $0.41 Quarterly DividendTortoise Pipeline and Energy Fund Inc (TTP) Declares $0.41 Quarterly Dividend
www.americanbankingnews.com - February 12 at 6:34 PM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Jan. 31, 2018Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Jan. 31, 2018
finance.yahoo.com - February 2 at 8:52 AM
BRIEF-Tortoise Pipeline & Energy Fund Provides Unaudited Balance Sheet Information As Of Dec. 31BRIEF-Tortoise Pipeline & Energy Fund Provides Unaudited Balance Sheet Information As Of Dec. 31
www.reuters.com - January 2 at 9:17 PM
Tortoise Pipeline and Energy Fund Inc (TTP) Declares Quarterly Dividend of $0.41Tortoise Pipeline and Energy Fund Inc (TTP) Declares Quarterly Dividend of $0.41
www.americanbankingnews.com - November 7 at 6:26 PM
Tortoise Pipeline&Energy Fund declares $0.4075 dividendTortoise Pipeline&Energy Fund declares $0.4075 dividend
seekingalpha.com - November 7 at 3:44 PM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2017Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2017
finance.yahoo.com - November 2 at 10:13 AM
Oil Above $51 as Rising Output Threatens to Slice Into DemandOil Above $51 as Rising Output Threatens to Slice Into Demand
www.bloomberg.com - October 11 at 4:12 PM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Aug. 31, 2017Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Aug. 31, 2017
finance.yahoo.com - September 2 at 9:46 AM
Tortoise Pipeline and Energy Fund Inc (NYSE:TTP) Declares $0.41 Quarterly DividendTortoise Pipeline and Energy Fund Inc (NYSE:TTP) Declares $0.41 Quarterly Dividend
www.americanbankingnews.com - August 8 at 5:46 PM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2017Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2017
finance.yahoo.com - August 2 at 8:07 AM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2017Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2017
finance.yahoo.com - July 4 at 8:14 AM
Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Dec. 31, 2016Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Dec. 31, 2016
us.rd.yahoo.com - January 4 at 7:16 AM
Q4 2016 Tortoise Pipeline & Energy Fund Inc Earnings Release - Time Not SuppliedQ4 2016 Tortoise Pipeline & Energy Fund Inc Earnings Release - Time Not Supplied
biz.yahoo.com - October 26 at 11:34 AM
Enbridge Seeks to Create ‘FedEx’ of Pipelines in Spectra DealEnbridge Seeks to Create ‘FedEx’ of Pipelines in Spectra Deal
www.bloomberg.com - September 6 at 7:55 PM
Tortoise Pipeline & Energy Fund, Inc. (TTP)Tortoise Pipeline & Energy Fund, Inc. (TTP)
biz.yahoo.com - August 21 at 6:55 PM
Tortoise Pipeline & Energy Fund, Inc....Tortoise Pipeline & Energy Fund, Inc....
www.benzinga.com - August 1 at 7:44 PM
Tortoise Energy Infrastructures (TYG) CEO Brad Adams on Q2 2016 Results - Earnings Call TranscriptTortoise Energy Infrastructure's (TYG) CEO Brad Adams on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 11:19 AM
Q3 2016 Tortoise Pipeline & Energy Fund Inc Earnings Release - Time Not SuppliedQ3 2016 Tortoise Pipeline & Energy Fund Inc Earnings Release - Time Not Supplied
biz.yahoo.com - July 27 at 7:07 AM
[$$] US regulators approve first-ever arm implant for opioid addicts[$$] US regulators approve first-ever arm implant for opioid addicts
www.ft.com - May 27 at 12:33 PM
Tortoise Pipeline & Energy Fund, Inc. (TTP) Ex-Dividend DateTortoise Pipeline & Energy Fund, Inc. (TTP) Ex-Dividend Date
www.nasdaq.com - February 17 at 2:04 PM
CorEnergy: Plenty of dividend growth left in pipelineCorEnergy: Plenty of dividend growth left in pipeline
www.bizjournals.com - February 10 at 1:44 PM

SEC Filings

Tortoise Pipeline and Energy Fund (NYSE:TTP) SEC Filings

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

Social Media

Financials

Tortoise Pipeline and Energy Fund (NYSE:TTP) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Tortoise Pipeline and Energy Fund (NYSE TTP) Stock Chart for Friday, May, 25, 2018

Loading chart…

This page was last updated on 5/25/2018 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.