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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Market Cap : $89.47 Mil (As of May. 06, 2024)


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What is Tortoise Power & Energy Infra Fd Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tortoise Power & Energy Infra Fd's share price for the quarter that ended in Nov. 2023 was $13.57. Tortoise Power & Energy Infra Fd's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 5.89 Mil. Therefore, Tortoise Power & Energy Infra Fd's market cap for the quarter that ended in Nov. 2023 was $79.93 Mil.

Tortoise Power & Energy Infra Fd's quarterly market cap declined from Nov. 2022 ($84.51 Mil) to May. 2023 ($77.32 Mil) but then increased from May. 2023 ($77.32 Mil) to Nov. 2023 ($79.93 Mil).

Tortoise Power & Energy Infra Fd's annual market cap increased from Nov. 2021 ($84.32 Mil) to Nov. 2022 ($84.51 Mil) but then declined from Nov. 2022 ($84.51 Mil) to Nov. 2023 ($79.93 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tortoise Power & Energy Infra Fd's Enterprise Value for Today is $114.07 Mil.


Tortoise Power & Energy Infra Fd Market Cap Historical Data

The historical data trend for Tortoise Power & Energy Infra Fd's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tortoise Power & Energy Infra Fd Market Cap Chart

Tortoise Power & Energy Infra Fd Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial 108.23 68.66 84.32 84.51 79.93

Tortoise Power & Energy Infra Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.32 92.35 84.51 77.32 79.93

Competitive Comparison of Tortoise Power & Energy Infra Fd's Market Cap

For the Asset Management subindustry, Tortoise Power & Energy Infra Fd's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tortoise Power & Energy Infra Fd's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Power & Energy Infra Fd's Market Cap distribution charts can be found below:

* The bar in red indicates where Tortoise Power & Energy Infra Fd's Market Cap falls into.



Tortoise Power & Energy Infra Fd Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Tortoise Power & Energy Infra Fd's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=$13.57*5.89017
=$79.93

Tortoise Power & Energy Infra Fd's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$13.57*5.89017
=$79.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tortoise Power & Energy Infra Fd  (NYSE:TPZ) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Tortoise Power & Energy Infra Fd Market Cap Related Terms

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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Power & Energy Infra Fd Inc is a closed-ended fund. Its primary investment objective is to provide a high level of current income. Its secondary objective is capital appreciation. The company invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies.
Executives
Ciccotello Conrad S director, 10 percent owner 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer other: Affiliate of Inv Advisor 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens officer: President 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Adam T Peltzer officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Charles E Heath director 180801 MASTIN BLVD, OVERLAND PARK KS 66210
Lovell Minnick Partners Llc 10 percent owner, other: Control Person of Adviser 555 EAST LANCASTER AVENUE, SUITE 510, RADNOR PA 19087
James Ryan Mick other: Member of Investment Committee 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211

Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Headlines