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Tortoise Pipeline & Energy Fund NYSE:TTP Stock Report

Last Price

US$32.02

Market Cap

US$71.3m

7D

5.6%

1Y

23.5%

Updated

23 Apr, 2024

Data

Company Financials

Tortoise Pipeline & Energy Fund, Inc.

NYSE:TTP Stock Report

Market Cap: US$71.3m

TTP Stock Overview

Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC.

TTP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends3/6

Tortoise Pipeline & Energy Fund, Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Tortoise Pipeline & Energy Fund
Historical stock prices
Current Share PriceUS$32.02
52 Week HighUS$32.10
52 Week LowUS$24.75
Beta1.88
1 Month Change3.28%
3 Month Change12.39%
1 Year Change23.48%
3 Year Change52.68%
5 Year Change-46.88%
Change since IPO-67.85%

Recent News & Updates

TTP: A Lot To Like With This 8.12%-Yielding MLP CEF

Feb 06

Tortoise Pipeline & Energy Fund: Better Choices Elsewhere

Dec 15

Tortoise Pipeline & Energy Fund declares $0.59 dividend

Nov 10

TTP: An Updated Look At This High Yield Pipeline And MLP Fund

Oct 02

Tortoise Pipeline & Energy Fund goes ex-dividend tomorrow

Aug 22

Recent updates

TTP: A Lot To Like With This 8.12%-Yielding MLP CEF

Feb 06

Tortoise Pipeline & Energy Fund: Better Choices Elsewhere

Dec 15

Tortoise Pipeline & Energy Fund declares $0.59 dividend

Nov 10

TTP: An Updated Look At This High Yield Pipeline And MLP Fund

Oct 02

Tortoise Pipeline & Energy Fund goes ex-dividend tomorrow

Aug 22

What's In Your Pipeline For Retirement? How About A CEF With A 9% Yield?

Jul 12

Tortoise Pipeline & Energy Fund declares $0.16 dividend

May 10

Tortoise Pipeline&Energy Fund declares $0.16 dividend

Nov 10

Shareholder Returns

TTPUS Capital MarketsUS Market
7D5.6%-0.7%-3.2%
1Y23.5%23.2%19.3%

Return vs Industry: TTP matched the US Capital Markets industry which returned 23.2% over the past year.

Return vs Market: TTP exceeded the US Market which returned 19.3% over the past year.

Price Volatility

Is TTP's price volatile compared to industry and market?
TTP volatility
TTP Average Weekly Movement2.1%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: TTP has not had significant price volatility in the past 3 months.

Volatility Over Time: TTP's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aCourtney Genglerclosedendfunds.tortoiseadvisors.com/ttp/overview/

Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.

Tortoise Pipeline & Energy Fund, Inc. Fundamentals Summary

How do Tortoise Pipeline & Energy Fund's earnings and revenue compare to its market cap?
TTP fundamental statistics
Market capUS$71.33m
Earnings (TTM)US$4.34m
Revenue (TTM)US$2.56m

16.4x

P/E Ratio

27.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TTP income statement (TTM)
RevenueUS$2.56m
Cost of RevenueUS$0
Gross ProfitUS$2.56m
Other Expenses-US$1.78m
EarningsUS$4.34m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.95
Gross Margin100.00%
Net Profit Margin169.77%
Debt/Equity Ratio22.9%

How did TTP perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

109%

Payout Ratio
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