Tortoise Energy Infrastructure Corporation TYG
- Market cap
- $1.0B
- P/E
- —
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Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
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| 97.20 | 73.44 | 65.64 | 4.60 | 20.10 | 27.04 | 26.72 | 28.01 | 33.73 | 39.89 |
Analyst estimates 2027–2029 Powerpack |
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| 148.44 | 129.60 | 101.88 | 78.32 | 31.15 | 36.85 | 34.29 | 46.35 | 48.76 | 51.18 |
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Tortoise Energy Infrastructure Corporation peers in the Financial sector
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| OCSL Oaktree Specialty Lending Corp. | $1.1B | 25.2× | Compare |
| CCNE CNB Financial Corporation | $1.0B | 11.0× | Compare |
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| FSBC Five Star Bancorp | $1.1B | 12.9× | Compare |
Tortoise Energy Infrastructure Corporation (TYG) Latest News
23 Sep
TYG announced a total monthly dividend of $0.48 per share, ex-dividend date 2026-10-23 and payment date 2026-10-30. The payout is cash. The article highlights a long history of monthly distributions since 2017, with a trailing yield around 12.8% and a forward yield near 13.5%. Three- and five-year dividend growth runs about 16.5% and 17.8% per year, and five-year yield-on-cost approaches 29%. Yet sustainability concerns emerge: as of 2026-05-31, the payout ratio is 0.85, profitability and growth ranks are both 2/10, and three-year revenue has declined about 38.9% annually. Investors should monitor portfolio income, distribution composition, and energy fundamentals ahead of the ex-dividend date. Dividend sustainability risk from a payout ratio near 1.0 combined with uneven profitability could moderate the stock's future performance despite the high yield.
22 Sep
TYG filed a prospectus supplement to enable an at-the-market (ATM) offering of up to 2.5 million shares of common stock to be sold through Pine Distributors LLC. Sales may occur on any existing trading market at prices above the fund’s net asset value or at prices related to prevailing market prices. Net proceeds will be invested in accordance with the company’s investment policy, with timing and amount of sales determined by market conditions and other factors. The offering supplements the shelf registration on Form N-2 (File No. 333-295680). Potential investors are urged to review the prospectus and related documents on the SEC website or from the company. The release includes standard risk disclosures and forward-looking-statements caveats. ATM offering expands capital-raising flexibility but could cause near-term dilution and NAV fluctuations, moderating overall impact on future performance.
18 Jun
Tortoise Energy Infrastructure Corp. (TYG) announces preliminary results of its rights offering. Rights offering completion provides new capital that alters share structure and liquidity position.
8 May
Tortoise Energy Infrastructure Corporation (TYG) announces terms of rights offering to existing shareholders, allowing purchase of additional shares at a specified price to raise capital. Rights offering terms enable targeted capital raising for energy infrastructure investments but risk shareholder dilution and share price volatility.
3 Apr
Tortoise Energy Infrastructure Corporation (TYG) delivers a 12% yield and surges in value, propelled more by booming AI data center energy demands than traditional oil markets. AI-driven energy infrastructure demand significantly boosts TYG's yield and performance outlook beyond oil reliance.
2 Mar
Tortoise Capital announced distributions for Tortoise Energy Infrastructure Corporation (TYG). Distributions announcement enhances TYG's appeal to income-seeking investors and may moderately boost short-term market performance.
11 Nov
Tortoise Capital has announced an increase in distributions for Tortoise Energy Infrastructure Corporation (TYG) following the successful completion of its merger with Tortoise Essential Assets Income Term Fund (TEAF). This strategic move is expected to enhance TYG's financial performance and investor appeal. The merger and increased distributions are significant strategic moves that could alter TYG's trajectory and investor sentiment.
10 Nov
Tortoise Capital has successfully completed the merger of Tortoise Energy Infrastructure Corporation (NYSE: TYG) with Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF). This strategic move aims to enhance the combined entity's investment capabilities and align with growing investor interest in sustainable and socially responsible investments. The merger is expected to significantly impact TYG's future performance by expanding its investment focus and aligning with market trends in sustainability.
16 Oct
Tortoise Energy Infrastructure Corporation (TYG) has received shareholder approval for a merger of its closed-end funds. This strategic move aims to enhance operational efficiencies and provide better investment opportunities for shareholders. The merger is expected to streamline the fund's management and potentially improve overall performance in the energy infrastructure sector. The merger is a significant strategic move that could enhance operational efficiencies and investor sentiment.
15 Oct
Tortoise Energy Infrastructure Corporation (TYG) announced distributions for its closed-end fund, reflecting its ongoing commitment to delivering value to shareholders. The distributions are part of TYG's strategy to provide consistent income to investors, aligning with its focus on energy infrastructure investments. Details regarding the distribution amounts and payment dates were provided, emphasizing the company's financial stability and operational performance in the energy sector. The announced distributions indicate a stable income strategy, which may moderately influence investor sentiment and financial performance.
1 Oct
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of September 30, 2025. The report provides insights into the financial health and asset management strategies of both entities, reflecting their performance and stability in the energy infrastructure sector. Updates on balance sheet and asset coverage ratios may moderately influence investor sentiment and financial performance.
2 Sep
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of August 29, 2025. The updates provide insights into the financial health and asset management of both entities, reflecting their current operational status and potential future performance. The updates on balance sheet and asset coverage ratios may moderately influence financial performance and market sentiment.
21 Aug
KBRA has assigned ratings to Tortoise Energy Infrastructure Corporation's senior notes and mandatory redeemable preferred shares, reflecting the company's financial stability and creditworthiness in the energy sector. The assigned ratings indicate a moderately noticeable influence on TYG's financial performance and market perception.
14 Aug
Tortoise Energy Infrastructure Corporation (TYG) announced its closed-end fund distributions, detailing the amounts and dates for upcoming payments to shareholders. The distributions reflect the company's ongoing commitment to providing returns to investors amidst market fluctuations. TYG continues to focus on energy infrastructure investments, which are crucial for its operational strategy and financial health. The announced distributions may influence investor sentiment and financial performance but are not expected to fundamentally alter the company's trajectory.
1 Aug
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of July 31, 2025. The report provides insights into the financial health and asset management of both entities, reflecting their current positions in the energy infrastructure sector. Updates on balance sheet and asset coverage ratios may moderately influence investor sentiment and financial performance.
31 Jul
KBRA has confirmed its rating agency assessment regarding the merger of Tortoise Energy Infrastructure Corporation with Tortoise Sustainable & Social Impact Term Fund. This confirmation is a key step in the merger process, which aims to enhance the strategic positioning and operational capabilities of the combined entities in the energy infrastructure sector. The merger is expected to significantly impact TYG's future performance and market positioning.
30 Jul
Tortoise Capital has released the combined semi-annual report for its closed-end funds for 2025, detailing financial performance and strategic initiatives. The report highlights key metrics, investment strategies, and market conditions affecting Tortoise Energy Infrastructure Corporation (TYG) and its portfolio. Investors are provided insights into the fund's performance and outlook amidst evolving energy market dynamics. The report provides insights into financial performance and strategic initiatives that may moderately influence TYG's market positioning.
11 Jul
Investing in private infrastructure has gained popularity due to increasing demand for stable returns and the potential for long-term growth. Factors such as low-interest rates, inflation concerns, and the need for sustainable energy solutions are driving investors toward infrastructure assets. Tortoise Energy Infrastructure Corporation (TYG) stands to benefit from this trend as it focuses on energy infrastructure investments, which are becoming more attractive in the current economic climate. The growing interest in private infrastructure investments is likely to significantly enhance TYG's market position and investor sentiment.
1 Jul
Tortoise Energy Infrastructure Corporation (TYG) reported unaudited total assets of approximately $1.0 billion and a net asset value of $800.0 million as of June 30, 2025. The asset coverage ratio for senior securities representing indebtedness was 635%, while the coverage ratio for preferred shares was 495%. Tortoise Sustainable and Social Impact Term Fund (TEAF) reported total assets of approximately $214.6 million and a net asset value of $181.2 million. TEAF's asset coverage ratio for senior securities was 659%. Both funds provide updates on their holdings and direct investments on their respective portfolio web pages. The updates on asset values and coverage ratios indicate moderate financial health, which may influence investor sentiment and market performance.
17 Jun
Tortoise Capital Advisors announced the merger of Tortoise Sustainable and Social Impact Term Fund (TEAF) into Tortoise Energy Infrastructure Corp. (TYG), with TYG as the surviving entity. This strategic move aims to enhance scale, improve efficiency, and strengthen Tortoise Capital’s leadership in energy infrastructure investing. TYG will maintain its investment strategy focused on energy assets and has approved a 30% increase in distributions post-merger. The merger is expected to complete in the second half of 2025, pending shareholder and regulatory approvals. TEAF is also negotiating the sale of its remaining private renewables portfolio, with proceeds to be reinvested in energy infrastructure securities. The merger is a significant strategic move that is likely to enhance TYG's market position and operational efficiency.
2 Jun
Tortoise Energy Infrastructure Corporation (TYG) reported unaudited total assets of approximately $969.2 million and a net asset value of $772.2 million as of May 30, 2025. The asset coverage ratio for senior securities representing indebtedness was 679%, while the coverage ratio for preferred shares was 515%. Tortoise Sustainable and Social Impact Term Fund (TEAF) reported total assets of about $209.2 million and a net asset value of $177.0 million, with an asset coverage ratio of 664%. Both funds provided updates on their balance sheets and investment holdings. The updates on asset values and coverage ratios indicate a moderately noticeable influence on TYG's financial performance and market sentiment.
14 May
Tortoise Energy Infrastructure Corporation (TYG) has announced distributions for its closed-end fund, reflecting its ongoing commitment to delivering value to shareholders. The distributions are part of TYG's strategy to provide consistent income through its investments in energy infrastructure assets. The announcement highlights the company's focus on maintaining strong financial performance and shareholder returns amidst market fluctuations. The distribution announcement may influence investor sentiment and financial performance but is not expected to significantly alter the company's overall trajectory.
12 May
Tortoise Capital Advisors announced fund reorganizations to streamline operations and enhance shareholder flexibility. The Tortoise Energy Infrastructure Total Return Fund and the Tortoise North American Pipeline Fund will transition into the Tortoise Capital Series Trust, with the latter's investment advisor changing to Tortoise Capital. Additionally, the Tortoise Energy Infrastructure and Income Fund will convert from a mutual fund to an actively managed ETF, renamed the Tortoise Energy Fund with a new ticker symbol, TNGY. These changes are expected to be completed in June 2025, aiming to align fund structures with investor needs. The reorganization and transition to an ETF structure are significant strategic moves that could enhance operational efficiency and investor access to energy opportunities.
1 May
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of April 30, 2025. The report provides insights into the financial health and asset management of both entities, highlighting their performance metrics and coverage ratios. Updates on balance sheet and asset coverage ratios may moderately influence financial performance and investor sentiment.
1 Apr
Tortoise Capital announced unaudited balance sheet information for Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Sustainable and Social Impact Term Fund (TEAF) as of March 31, 2025. TYG reported total assets of approximately $1.0 billion and a net asset value of $822.4 million, with asset coverage ratios of 612% for senior securities and 484% for preferred shares. TEAF reported total assets of approximately $214.2 million and a net asset value of $179.8 million, with an asset coverage ratio of 638%. Both funds provide updates on their investments and leverage ratios, with TYG having 17.24 million common shares outstanding and TEAF having 13.49 million. Tortoise Capital manages approximately $9.6 billion in assets. The updates on asset coverage ratios and balance sheets indicate moderate financial health and stability for TYG and TEAF, which may influence investor sentiment.
3 Mar
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of February 28, 2025. The report provides insights into the financial health and asset management of both entities, reflecting their current positions in the energy infrastructure sector. The updates on balance sheet and asset coverage ratios may moderately influence investor sentiment and financial performance.
3 Feb
Tortoise Capital has released unaudited balance sheet information and updates on asset coverage ratios for Tortoise Energy Infrastructure Corporation (TYG) and Tortoise Essential Assets Income Term Fund (TEAF) as of January 31, 2025. The report provides insights into the financial health and asset management strategies of both entities, reflecting their current positions in the energy infrastructure sector. Updates on balance sheet and asset coverage ratios may moderately influence investor sentiment and financial performance.
26 Jan
Tortoise Energy Infrastructure Corporation (TYG) is gaining attention among hedge funds as a potential top oil stock investment. Analysts highlight its strong performance and strategic positioning in the energy sector, suggesting that TYG could benefit from rising oil prices and increased demand for energy infrastructure. The article explores hedge fund interest and investment trends, indicating a positive outlook for TYG's future market performance. Increased hedge fund interest and potential for rising oil prices could significantly impact TYG's market performance.
23 Jan
Tortoise Energy Infrastructure Corporation (TYG) is highlighted as a strong investment option within the energy sector, particularly for those seeking mutual funds with impressive returns. The article emphasizes TYG's strategic positioning and performance metrics that make it an attractive choice for investors looking to capitalize on energy market trends. TYG's strategic positioning and performance metrics indicate a significant potential for future growth and investor interest.
23 Dec
Tortoise Capital completes merger of Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Midstream Energy Fund, Inc. (NYSE: NTG). The merger between TYG and NTG is a significant strategic move that could alter the company's trajectory and investor sentiment.