Notable companies
The most notable companies in this group are Energy Transfer LP (NYSE:ET), Kinder Morgan (NYSE:KMI), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), Plains GP Holdings LP (NASDAQ:PAGP).
Industry description
The investment seeks total return.
The fund normally invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of energy infrastructure companies. The advisor intends to focus its investments primarily in equity securities of midstream infrastructure and also may invest in midstream master limited partnerships (“MLPs”) and power and renewable infrastructure. It is non-diversified.
Market Cap
The average market capitalization across the Tortoise Energy Infrastructure TR A MF is 39.26B. The market cap for tickers in the group ranges from 3.63B to 76.58B. ENB holds the highest valuation in this group at 76.58B. The lowest valued company is PAGP at 3.63B.
Volume
The average weekly volume growth across all stocks in the Tortoise Energy Infrastructure TR A MF was -13%. For the same stocks of the MF, the average monthly volume growth was -12% and the average quarterly volume growth was 2%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 36
P/E Growth Rating: 27
Price Growth Rating: 44
SMR Rating: 49
Profit Risk Rating: 27
Seasonality Score: 28 (-100 ... +100)