See more : Clover Leaf Capital Corp. (CLOER) Income Statement Analysis – Financial Results
Complete financial analysis of Tortoise Energy Infrastructure Corporation (TYG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tortoise Energy Infrastructure Corporation, a leading company in the Asset Management industry within the Financial Services sector.
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Tortoise Energy Infrastructure Corporation (TYG)
Industry: Asset Management
Sector: Financial Services
About Tortoise Energy Infrastructure Corporation
Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.76M | 105.62M | 136.37M | -568.08M | -185.13M | 80.24M | -121.63M | 183.75M | 411.44M | 22.47M | 9.42M | 7.96M | 1.50M | 6.21M | 13.47M | 14.09M | 9.91M | 7.68M | 7.18M | 3.58M |
| Cost of Revenue | 0.00 | 6.02M | 5.32M | 7.89M | 20.57M | 22.58M | 25.56M | 24.51M | 36.04M | 31.84M | 19.83M | 16.65M | 15.40M | 23.74M | 20.07M | 28.38M | 29.24M | 16.70M | 12.19M | 4.04M |
| Gross Profit | 15.76M | 99.60M | 131.05M | -575.97M | -205.70M | 57.65M | -147.19M | 159.23M | 375.40M | -9.37M | -10.41M | -8.69M | -13.90M | -17.53M | -6.60M | -14.29M | -19.33M | -9.02M | -5.01M | -460.00K |
| Gross Profit Ratio | 100.00% | 94.30% | 96.10% | 101.39% | 111.11% | 71.85% | 121.01% | 86.66% | 91.24% | -41.69% | -110.41% | -109.28% | -926.67% | -282.29% | -49.00% | -101.42% | -195.06% | -117.45% | -69.78% | -12.85% |
| Research & Development | 0.00 | 0.83 | 3.23 | 0.91 | -4.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 7.18M | 937.06K | 1.13M | 1.30M | 1.61M | 1.73M | 1.75M | 24.94M | 36.65M | 32.31M | 20.17M | 16.88M | 290.00K | 290.00K | 460.00K | 270.00K | 210.00K | 250.00K | 300.00K | 380.00K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.18M | 937.06K | 1.13M | 1.30M | 1.61M | 1.73M | 1.75M | 24.94M | 36.65M | 32.31M | 20.17M | 16.88M | 290.00K | 290.00K | 460.00K | 270.00K | 210.00K | 250.00K | 300.00K | 380.00K |
| Other Expenses | 0.00 | 1.42M | 1.49M | 8.60M | 7.33M | 6.84M | 7.36M | -11.96K | -1.66B | 560.00K | 100.00K | 110.00K | 100.00K | 6.08M | 1.19M | 2.92M | 1.86M | 750.00K | 590.00K | 200.00K |
| Operating Expenses | 7.18M | 2.36M | 2.63M | 9.89M | 8.94M | 8.56M | 9.11M | 117.49M | 1.66B | 386.37M | 438.86M | 136.49M | 390.00K | 6.37M | 1.65M | 3.19M | 2.07M | 1.00M | 890.00K | 580.00K |
| Cost & Expenses | 7.18M | 2.36M | 2.63M | 9.89M | 8.94M | 8.56M | 9.11M | 14.79M | 1.73B | 386.37M | 438.86M | 136.49M | 15.79M | 30.11M | 21.72M | 31.57M | 31.31M | 17.70M | 13.08M | 4.62M |
| Interest Income | 524.85K | 970.15K | 950.01K | 2.32M | 469.22K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 3.97M | 3.88M | 3.87M | 7.93M | 18.51M | 18.56M | 17.67M | 200.12M | 392.61M | 450.39M | 232.39M | 131.45M | 264.11M | 251.72M | -280.37M | 78.29M | 117.11M | 40.50M | 47.84M | |
| Depreciation & Amortization | -8.58M | -6.56M | 117.37K | -1.01M | -7.13M | 24.51M | 24.20M | 21.34M | 4.94M | 9.84M | 10.74M | 9.04M | 258.25M | 528.23M | 503.61M | -559.63M | 157.82M | 235.20M | 82.53M | 96.31M |
| EBITDA | -11.65M | 110.74M | 154.93M | -669.01M | -238.76M | -13.63M | -187.45M | 190.30M | -1.32B | 0.00 | 0.00 | 152.55M | 243.96M | 504.32M | 495.36M | -577.11M | 136.42M | 225.18M | 76.63M | 95.27M |
| EBITDA Ratio | -73.93% | 101.44% | 98.07% | 101.74% | 104.83% | 112.46% | 92.96% | 77.13% | -200.32% | 1,721.77% | 4,727.60% | 1,917.52% | 16,264.00% | 8,121.10% | 3,677.51% | -4,095.88% | 1,376.59% | 2,932.03% | 1,067.27% | 2,661.17% |
| Operating Income | 8.58M | 107.14M | 133.74M | -577.97M | -194.07M | 90.23M | -113.07M | 199.45M | -1.29B | -9.84M | -10.74M | -9.04M | -14.29M | -23.91M | -8.25M | -17.48M | -21.40M | -10.02M | -5.90M | -1.04M |
| Operating Income Ratio | 54.41% | 101.44% | 98.07% | 101.74% | 104.83% | 112.46% | 92.96% | 108.54% | -313.06% | -43.80% | -113.97% | -113.61% | -952.67% | -385.02% | -61.25% | -124.06% | -215.94% | -130.47% | -82.17% | -29.05% |
| Total Other Income/Expenses | -37.67M | 104.27M | -6.75M | 0.00 | 0.00 | 96.19M | -106.53M | -292.97K | -389.37K | 386.90M | 445.55M | 137.10M | 126.80M | 264.12M | 251.89M | -279.27M | 79.53M | 118.09M | 42.03M | 48.48M |
| Income Before Tax | -29.09M | 103.26M | 133.74M | -577.97M | -194.07M | 71.67M | -130.74M | 168.66M | -1.32B | 377.06M | 434.81M | 128.07M | 112.51M | 240.21M | 243.64M | -296.75M | 58.13M | 108.07M | 36.13M | 47.44M |
| Income Before Tax Ratio | -184.59% | 97.77% | 98.07% | 101.74% | 104.83% | 89.33% | 107.49% | 91.79% | -321.46% | 1,677.97% | 4,613.64% | 1,609.71% | 7,500.67% | 3,868.12% | 1,808.76% | -2,106.10% | 586.58% | 1,407.16% | 503.20% | 1,325.14% |
| Income Tax Expense | -13.47M | 8.86M | 36.55M | -2.22M | -2.66M | -24.68M | -17.31M | 62.38M | -483.66M | 143.46M | 164.04M | 7.73M | 42.20M | -6.47M | -3.36M | -5.49M | -7.69M | -3.24M | -1.70M | -160.00K |
| Net Income | -15.62M | 103.26M | 113.07M | -575.75M | -191.41M | 96.35M | -113.43M | 106.28M | -838.96M | 233.60M | 270.78M | 135.79M | 70.31M | 246.68M | 247.00M | -291.26M | 65.82M | 111.31M | 37.83M | 47.60M |
| Net Income Ratio | -99.13% | 97.77% | 82.91% | 101.35% | 103.39% | 120.09% | 93.26% | 57.84% | -203.91% | 1,039.56% | 2,873.11% | 1,706.81% | 4,687.33% | 3,972.30% | 1,833.70% | -2,067.14% | 664.18% | 1,449.35% | 526.88% | 1,329.61% |
| EPS | -1.45 | 8.71 | 9.48 | -42.11 | -14.25 | 8.40 | -9.19 | 8.68 | -69.89 | 19.46 | 37.70 | 19.20 | 2.54 | 9.11 | 10.27 | -12.43 | 3.51 | 6.65 | 2.54 | 3.75 |
| EPS Diluted | -1.45 | 8.71 | 9.48 | -42.11 | -14.25 | 8.40 | -9.16 | 8.68 | -69.89 | 19.46 | 37.70 | 19.20 | 2.54 | 9.11 | 10.27 | -12.43 | 3.51 | 6.65 | 2.54 | 3.75 |
| Weighted Avg Shares Out | 10.76M | 11.86M | 11.93M | 13.67M | 13.43M | 11.47M | 12.34M | 12.25M | 12.00M | 12.00M | 7.18M | 7.07M | 27.73M | 27.07M | 24.04M | 23.44M | 18.76M | 16.73M | 14.91M | 12.68M |
| Weighted Avg Shares Out (Dil) | 10.76M | 11.86M | 11.93M | 13.67M | 13.43M | 11.47M | 12.38M | 12.25M | 12.00M | 12.00M | 7.18M | 7.07M | 27.73M | 27.07M | 24.04M | 23.44M | 18.76M | 16.73M | 14.91M | 12.68M |
Tortoise Capital Announces Closed-End Fund Distributions
Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) Tortoise Sustainable...
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF
OVERLAND PARK, KS / ACCESSWIRE / October 1, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG)...
TYG: Continuing Its Strong Recent Track Record
Tortoise Energy Infrastructure Corporation offers exposure to midstream corporations and master limited partnerships without tax complications, making it suitable for retirement accounts and avoiding K-1 forms. The fund's current yield of 8.07% is slightly lower than peers, but its three-month...
NTG And TYG: Merger Proposal
Tortoise Capital Advisors plans to merge Tortoise Midstream Energy Fund into Tortoise Energy Infrastructure Corp. The merger, subject to shareholder and regulatory approval, includes a 40% distribution increase and a switch to monthly payouts, enhancing investor appeal. The merger may...
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / September 3, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today...
Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report
Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / July 29,...
TYG: Distribution Boost Could Be Ahead
Tortoise Energy Infrastructure Corporation is a closed-end fund with exposure to energy-related infrastructure investments, focused on natural gas. TYG has performed quite well since our prior update, and that could bode well for a distribution increase soon based on their...
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 28, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / July 1, 2024 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as...
TYG: Improving Fundamentals And Strong Recent Performance
Tortoise Energy Infrastructure Corporation is a closed-end fund providing exposure to midstream master limited partnerships and energy corporations. The TYG closed-end fund's yield of 8.44% is competitive but lower than some peers, but it compares very well to the market....
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / June 3, 2024 / Tortoise today announced the following preliminary unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that...
Source: https://incomestatements.info
Category: Stock Reports