Topaz Energy Corp. (TPZ:CA) Q3 2025 Earnings Call Transcript

Topaz Energy Corp. ( TPZ:CA ) Q3 2025 Earnings Call November 4, 2025 11:00 AM EST Company Participants W. Kirker - Chief Legal Officer & External Affairs Marty Staples - President, CEO & Director Cheree Stephenson - VP of Finance & CFO Conference Call Participants Josef Schachter - Schachter Energy Research Services Inc. Presentation Operator Good morning.

Seeking Alpha • Nov 4, 2025

TPZ: Monthly Payout From Infrastructure Portfolio

The Tortoise Essential Energy Fund ETF was created from three former closed-end funds in late 2024. The fund saw some investment shifts from what it was previously, but remains allocated to both equity and fixed-income investments. At the same time, the fund remains invested specifically on infrastructure investments and continues to pay a monthly distribution to investors.

Seeking Alpha • Oct 1, 2025

TPZ: A Solid Option To Invest In The Energy Infrastructure

TPZ offers strong exposure to energy infrastructure, with solid recent performance and a balanced split between natural gas and power assets. Despite higher fees and lower liquidity than peers, TPZ's active management has outperformed in the last three years, though not over longer periods. Combining TPZ with MLPX provides diversification, lowers average fees, and improves liquidity by blending active and passive strategies.

Seeking Alpha • Jul 13, 2025

Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next

Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.

Seeking Alpha • Mar 29, 2025

Tortoise Capital Announces 2024 Closed-End Fund Tax Characterization of Distributions and Release of Combined 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) Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) OVERLAND PARK, KS / ACCESS Newswire / January 30, 2025 / Tortoise Capital today announced the tax characterization of 2024 distributions paid to common stockholders of each of the funds listed below: 2024 Tax Characterization of Distributions TYG NTG TTP NDP TPZ TEAF Qualified Dividend Income 20 % 12 % 13 % 15 % 17 % 10 % Ordinary Dividend Income 4 % 0 % 0 % 0 % 5 % 60 % Return of Capital 76 % 88 % 87 % 85 % 78 % 30 % Long-Term Capital Gain 0 % 0 % 0 % 0 % 0 % 0 % Additional information regarding the tax characterization of the 2024 distributions is available at www.TortoiseAdvisors.com. A copy of the information is also available upon request by calling (866) 362-9331.

Accesswire • Jan 30, 2025

Tortoise Capital Converts Closed-End Funds Into Active Energy ETF

Today, Tortoise Capital Advisors began the holiday week by merging three closed-end funds into a singular active ETF. The three closed-end funds that were merged are the Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ), Tortoise Pipeline & Energy Fund, Inc. (TTP), and Tortoise Energy Independence Fund, Inc. (NDP).

ETF Trends • Dec 23, 2024

Tortoise Capital Announces Shareholder Approval of Closed-End Fund Mergers and Conversion to Actively Managed ETF

OVERLAND PARK, Kan., Dec. 5, 2024 /PRNewswire/ -- Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy investing, today announced it received shareholder approval of two strategic fund merger proposals involving closed-end funds and the conversion to an actively managed ETF. These changes align with the firm's commitment to providing innovative investment solutions that are intended to enhance shareholder value and operational efficiency. Subject to the satisfaction of certain customary closing conditions, Tortoise Capital expects the mergers and ETF conversion to become effective, and trading of the merged funds will cease, before the market opens on Dec. 23, 2024.

PRNewsWire • Dec 5, 2024

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 29, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

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) today announced that as of Nov. 29, 2024, the company's unaudited total assets were approximately $692.4 million and its unaudited net asset value was $562.2 million, or $52.23 per share.

Accesswire • Dec 3, 2024

Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice

OVERLAND PARK, KS / ACCESSWIRE / November 29, 2024 / This required notice under Section 19(a) of the Investment Company Act of 1940 provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the sources of the distributions paid on Nov. 29, 2024, and cumulative distributions paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distributions, payable Nov. 29, 2024, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital.

Accesswire • Nov 29, 2024

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

OVERLAND PARK, KS / ACCESSWIRE / November 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) today announced that as of Oct. 31, 2024, the company's unaudited total assets were approximately $615.4 million and its unaudited net asset value was $492.6 million, or $45.76 per share.

Accesswire • Nov 1, 2024