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Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Revenue : $-0.39 Mil (TTM As of Nov. 2023)


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What is Tortoise Energy Independence Fund, Revenue?

Tortoise Energy Independence Fund,'s revenue for the six months ended in Nov. 2023 was $9.08 Mil. Its revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.39 Mil. Tortoise Energy Independence Fund,'s Revenue per Share for the six months ended in Nov. 2023 was $5.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.06.

During the past 12 months, the average Revenue per Share Growth Rate of Tortoise Energy Independence Fund, was -101.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 75.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, Tortoise Energy Independence Fund,'s highest 3-Year average Revenue per Share Growth Rate was 75.40% per year. The lowest was 4.50% per year. And the median was 39.95% per year.


Tortoise Energy Independence Fund, Revenue Historical Data

The historical data trend for Tortoise Energy Independence Fund,'s Revenue 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 Energy Independence Fund, Revenue Chart

Tortoise Energy Independence Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Revenue
Get a 7-Day Free Trial -55.16 -29.30 17.62 28.22 -0.39

Tortoise Energy Independence Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 26.88 1.34 -9.47 9.08

Competitive Comparison of Tortoise Energy Independence Fund,'s Revenue

For the Asset Management subindustry, Tortoise Energy Independence Fund,'s Revenue, along with its competitors' market caps and Revenue 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 Energy Independence Fund,'s Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Independence Fund,'s Revenue distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Independence Fund,'s Revenue falls into.



Tortoise Energy Independence Fund, Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.39 Mil.

* 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 Energy Independence Fund,  (NYSE:NDP) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Tortoise Energy Independence Fund, Revenue Related Terms

Thank you for viewing the detailed overview of Tortoise Energy Independence Fund,'s Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Energy Independence Fund, Inc. is a non-diversified closed-end management investment company. Its primary investment objective to seek a high level of total return with an emphasis on current distributions. The fund invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a presence in North American oil and gas fields, including shale reservoirs.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Shobana Gopal officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Aristides Fund Qp, Lp 10 percent owner 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202
Aristides Fund Lp 10 percent owner C/O ARISTIDES CAPITAL LLC, 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202

Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Headlines