Market Commentary

Email Subscribe to the Tortoise RSS Market Commentary Feed.
Get Tortoise market commentary delivered automatically to your RSS reader or personalized news page.

  • Tortoise Special Edition QuickTake Podcast
    October 1, 2015

    Tortoise Special Edition QuickTake Podcast


  • Rising Rates - MLPs can persevere in a rising rate environment
    July 31, 2015

    With higher rates likely on the horizon, some investors are wondering about what this might mean for their MLP investments. Consider these scenarios.

  • Tortoise Talk
    July 30, 2015

    Volatility for the broad energy market continued through the first quarter of 2015, as the crude oil supply/demand equation struggled to find balance. Investors responded by pulling back from energy stocks across the energy value chain, but to a much lesser extent than in the previous quarter.

  • Tortoise Closed-End Fund Update
    July 6, 2015

    Our view on recent closed-end fund performance

    Macroeconomic and structure factors have put pressure on the broader closed-end fund market. Concern over rising interest rates has been a headwind and the use of leverage in closed-end funds magnifies performance, whether positive or negative. 

  • How Commodity Price Volatility Affects the Energy Value Chain
    June 22, 2015


  • 2015: Market Insights
    February 4, 2015

    As we head into early 2015, read our views on why we remain optimistic about current and developing opportunities in North American energy.   


  • Impact of crude oil prices across the energy value chain
    December 9, 2014

    Last week, we highlighted our key takeaways from OPEC’s November 27th meeting. Now we’d like to share our thoughts on how the decline in crude oil prices may affect the energy value chain.

  • Key takeaways from OPEC's November 27th meeting
    November 28, 2014

    As noted in our October market commentary (read here), we believe the decline in oil prices over the past quarter has been largely driven by three key factors: speculation of slowing demand from Europe and China, the strengthening U.S. dollar, and increasing global supply. The market has been waiting for the November 27th OPEC meeting to see if a cut in the crude oil production quota would be mandated.

  • Tortoise's view on recent market volatility in closed-end funds
    October 21, 2014

    The recent decline in crude oil prices has caused a short-term ripple effect across the broad energy market, as noted in our recent market commentary. This sell- off in the energy sector, coupled with macroeconomic factors that have restrained the broader closed-end fund market for the past several months, has created a challenging period for energy-focused closed-end funds. But at Tortoise, we continue to believe in the fundamentals of the underlying assets and the long-term investment opportunity our closed-end funds offer investors.

  • Tortoise's view on recent market volatility
    October 15, 2014

    Tortoise's view on recent market volatility

    The recent decline in crude oil prices has certainly caused a short-term ripple effect across the broad energy market. But at Tortoise, we remain steadfast in our view that North America is still in the early innings of an energy revolution and we also believe that fundamentals across the energy value chain remain intact.

  • Making sense of taxes: The ABCs of MLPs
    March 6, 2014

    As the holidays turn to tax season, feelings of festivity are replaced with something more like confusion and dread. And for good reason. Various investments inevitably spark tax-related questions.