Tortoise Energy Independence Fund, Inc.Tortoise Energy Independence Fund, Inc.Tortoise Energy Independence Fund, Inc.

Tortoise Energy Independence Fund, Inc.

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NDP fundamentals

Key facts

Market capitalization
Founded
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About

Tortoise Energy Independence Fund, Inc. is a close end investment fund. Its objective is to provide shareholder a high level of total return with an emphasis on current distribution. It seeks to invest in a portfolio of equity securities of companies that promote energy independence through the development of the North American energy landscape. It intends to focus on North American energy companies that engage in the exploration and production of crude oil, condensate, and natural gas. The company was founded in July 2012 and is headquartered in Leawood, KS.

Valuation

Fundamental metrics to determine fair value of the stock

Summary
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Valuation ratios

Growth and Profitability

Company’s recent performance and margins

Dividends

Dividend yield, history and sustainability

NDP does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company