ClearBridge Energy Midstream Opportunity Fund Inc. (EMO)
The ClearBridge Energy MLP Opportunity Fund Inc. is a U.S.-domiciled, closed-end equity mutual fund, established on April 5, 2011. It operates under the primary management of Legg Mason Partners Fund Advisor, LLC, with ClearBridge Investments, LLC serving as co-manager. The fund directs its investments towards the public equity markets of the United States, concentrating on the energy sector. Its core strategy involves acquiring equity securities of Master Limited Partnerships (MLPs) that operate within the infrastructure of crude oil, natural gas liquids, and refined products. To build its portfolio, the fund prioritizes companies exhibiting long-lasting assets, consistent cash flow generation, and limited direct exposure to commodity price volatility.
Industry: Asset Management
ClearBridge Energy Midstream Opportunity Fund Inc
NYSE:EMOFinancial Services · Asset Management
+0.56%$51.72
AH Close$51.72+0.00%vs close
AH Close$51.72+0.00%vs close
Mkt Cap$1.04B
Float19.99M
O/S20.01M
Inst Own26.9%
SI0.2%
Div Yield8.55%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$53.98M
Net Income-$35.48M
Total Assets$1.27B
Free Cash Flow$28.77M
Debt & Equity
Debt 18%
Equity 82%
Total Debt$218.75M
Total Equity$978.39M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitJul 28, 20205 shares → 1
Balance Sheet Details
Assets$1.27B
Liabilities$286.64M
Accounts Receivable$9.13M
Accounts Payable$7.93M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 |
| Revenue | $53.98M | $140M | $113.92M | $62.07M | $38.83M | -$247.18M | -$45.31M | -$13.93M | -$57.24M | -$49.38M | $10.57M | $3M | $680K |
| YoY Growth | -61.4% | 22.9% | 83.5% | 59.9% | -115.7% | 445.6% | 225.3% | -75.7% | 15.9% | -567.0% | 252.5% | 341.2% | - |
| Cost of Revenue | $17.3M | $7.04M | $7.01M | $6.06M | $4.74M | $4.86M | $10.65M | $5.84M | $6.19M | $6.06M | $18.91M | $17.12M | $15.15M |
| Gross Profit | $36.68M | $132.95M | $106.91M | $56.02M | $34.09M | -$252.04M | -$55.96M | -$19.77M | -$63.42M | -$55.44M | -$8.34M | -$14.12M | -$14.47M |
| Gross Margin | 67.9% | 95.0% | 93.8% | 90.2% | 87.8% | 102.0% | 123.5% | 141.9% | 110.8% | 112.3% | -78.9% | -470.7% | -2127.9% |
| Research and Development | $0 | $0 | $0 | $0 | $4 | $0 | $0 | -$1 | -$3 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.05M | $2.91M | $1.84M | $980K | $1.01M | $1.23M | $1.24M | $1.07M | $881K | $0 | $447K | $220K | $430K |
| Other | $69.56M | $3.24M | $3.57M | $1.99M | $2.26M | -$347.05M | $2.34M | $1.11M | $1.04M | $6.24M | $248K | $160K | $250K |
| Total Operating Expenses | $72.61M | $6.15M | $5.41M | $2.97M | $3.27M | -$345.82M | $3.58M | $2.3M | $2.04M | -$61.87M | $695K | $380K | $680K |
| Operating Income (EBIT) | -$35.94M | $364.23M | $77.25M | $153.17M | $147.78M | -$339.21M | -$48.89M | -$10.39M | -$53.92M | $6.43M | -$9.04M | -$14.5M | -$15.15M |
| Operating Margin | -66.6% | 260.2% | 67.8% | 246.8% | 380.6% | 137.2% | 107.9% | 74.6% | 94.2% | -13.0% | -85.5% | -483.3% | -2227.9% |
| Interest Expense | $9.79M | $8.53M | $9.12M | $4.31M | $2.42M | $7.52M | $12.19M | $5.71M | $5.23M | $9.24M | $0 | $193.06M | $251.41M |
| Interest Income | $1.89M | $1.7M | $663K | $102K | $17K | $53K | $217K | $123K | $52K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$9.86M | -$12.1M | -$12.11M | -$6.31M | -$4.7M | -$10.89M | $0 | -$5.84M | -$5.36M | $0 | -$434.11M | $122.53M | $298.11M |
| Income Before Tax (EBT) | -$45.79M | $352.12M | $65.13M | $146.85M | $143.07M | -$350.1M | -$48.89M | -$16.23M | -$59.28M | -$2.81M | -$282.96M | $108.03M | $282.96M |
| Income Tax Expense | -$10.31M | $56.86M | $178K | -$457K | -$643K | $4.28M | -$6.42M | -$11.68M | -$22.15M | $6.43M | -$3.38M | -$5.4M | -$5.56M |
| Net Income | -$35.48M | $295.26M | $64.95M | $146.4M | $143.72M | -$354.37M | -$42.47M | -$4.55M | -$37.13M | $6.43M | -$279.58M | $113.44M | $288.52M |
| Net Income Margin | -65.7% | 210.9% | 57.0% | 235.8% | 370.1% | 143.4% | 93.7% | 32.7% | 64.9% | -13.0% | -2644.0% | 3781.3% | 42429.4% |
| Supplementary Data | |||||||||||||
| EPS | -1.77 | 20.07 | 5.11 | 11.33 | 10.89 | -25.55 | -2.96 | -0.32 | -1.38 | 0.21 | -9.00 | 3.67 | 9.33 |
| Diluted EPS | -1.77 | 20.07 | 5.11 | 11.33 | 10.89 | -25.55 | -2.96 | -0.32 | -1.38 | 0.21 | -9.00 | 3.67 | 9.33 |
| Weighted Average OS | 20.01M | 14.71M | 12.71M | 12.92M | 13.20M | 13.87M | 14.34M | 14.34M | 26.82M | 31.20M | 31.06M | 30.92M | 30.92M |
| EBITDA | -$35.94M | $364.23M | $77.25M | $153.17M | $148.01M | -$339.21M | -$33.91M | -$16.07M | -$53.92M | -$2.81M | -$443.15M | $301.1M | $534.37M |
| EBITDA Margin | -66.6% | 260.2% | 67.8% | 246.8% | 381.2% | 137.2% | 74.8% | 115.4% | 94.2% | 5.7% | -4191.0% | 10036.7% | 78583.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $967K | $0 | -$9.17M | $6.4M | $2.1M | $11.8M |
| Short-Term Investments | $32.82M | $41.16M | $21.71M | $13.58M | $12.93M | $14.25M | $2.65M | $0 | $4.99M | $9.17M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $32.83M | $41.16M | $21.71M | $13.58M | $12.93M | $14.25M | $2.65M | $967K | $4.99M | $9.17M | $6.4M | $2.1M | $11.8M |
| Accounts Receivable | $9.13M | $1.18M | $829K | $558K | $426K | $5.5M | $966K | $307K | $4.8M | $64K | $415K | $0 | $11.1M |
| Inventory | $0 | $0 | $4.14M | $6.44M | $6.77M | $5.5M | $1.44M | $16.3M | $4.88M | $64K | $0 | $0 | $0 |
| Other Current Assets | -$41.03M | -$41.16M | -$25.84M | -$20.02M | -$19.7M | -$25.25M | -$4.09M | -$16.3M | -$9.87M | -$9.23M | $0 | $0 | $0 |
| Total Current Assets | $939K | $1.21M | $829K | $558K | $426K | $0 | $966K | $1.27M | $4.8M | $64K | $6.81M | $2.1M | $22.9M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.22B | $1.42B | $709.72M | $664.13M | $512.05M | $331M | $954.98M | $1.13B | $550.26M | $641.51M | $815.39M | $1.21B | $1.07B |
| Deferred Tax Assets | $4.06M | $0 | $0 | $0 | $0 | $0 | $0 | $126.6M | $0 | $41.97M | $42.61M | $198.7M | $140.9M |
| Other Long-Term Assets | $37.04M | $1.08M | $710.55M | $664.69M | $518.39M | $0 | $0 | -$126.6M | -$550.26M | $9.17M | -$858M | -$1.41B | -$1.21B |
| Total Long-Term Assets | $1.26B | $1.42B | $709.72M | $664.13M | $512.05M | $331M | $954.98M | $1.13B | $550.26M | $692.65M | $858M | $1.41B | $1.21B |
| Other Assets | $1.27B | $1.43B | $3.36M | $5.91M | $6.39M | $336.58M | $580K | $3.22M | $131K | -$41.91M | -$42.56M | -$198.6M | -$140.8M |
| Total Assets | $1.27B | $1.43B | $713.91M | $670.6M | $518.87M | $336.58M | $956.53M | $1.14B | $555.19M | $650.8M | $822.25M | $1.22B | $1.09B |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $7.93M | $7.48M | $371K | $1.55M | $974K | $827K | $2.14M | $2.17M | $1.47M | $0 | $0 | $0 | $11.4M |
| Short-Term Debt | $134M | $164M | $0 | $0 | $79M | $35.52M | $0 | $0 | $0 | $24M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $12.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$109.45M | -$78.03M | -$34.69M | -$95.37M | -$96M | -$35M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$134M | -$177.09M | -$543K | $108.92M | -$1.42M | -$1.9M | $94.56M | -$3.13M | $18.49M | $26.16M | $45.66M | $201.9M | $144.4M |
| Total Current Liabilities | $7.93M | $7.48M | $371K | $1.55M | $974K | $0 | $2.14M | $12.52M | $20.42M | $50.16M | $45.66M | $201.9M | $155.8M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $151.45M | $227.41M | $165.29M | $152.22M | $123.96M | $54.88M | $277.82M | $0 | $157.39M | $144.93M | $303.27M | $212M | $210M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$135.42M | -$18.23M | -$26.16M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $135.42M | $18.23M | $41.97M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $127.26M | $174.98M | $0 | $52.25M | $0 | $0 | $0 | $0 | -$157.39M | $8.23M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $278.71M | $402.39M | $165.29M | $204.47M | $123.96M | $54.88M | $277.82M | $389.67M | $180.16M | $168.98M | $303.27M | $212M | $210M |
| Other Liabilities | $147.16M | $227.71M | $52.75M | $202.92M | $43.65M | $98.97M | $48.84M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $286.64M | $409.86M | $218.41M | $206.02M | $168.58M | $98.97M | $328.81M | $402.19M | $200.58M | $219.14M | $348.93M | $413.9M | $365.8M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $20K | $18K | $13K | $13K | $13K | $14K | $72K | $72K | $31K | $31K | $31K | $0 | $0 |
| Retained Earnings | $112.12M | $54.36M | -$227.25M | -$261.89M | -$386.68M | -$547.36M | -$192.99M | -$126.35M | -$50.69M | $45.97M | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45.97M | $49.16M | $313.2M | $215.3M |
| Other Stockholders' Equity | $866.25M | $961.03M | $722.73M | $726.46M | $736.96M | $784.96M | $820.64M | $862.45M | $405.26M | $385.66M | $473.29M | $804M | $727.6M |
| Total Equity | $978.39M | $1.02B | $495.5M | $464.58M | $350.29M | $237.61M | $627.72M | $736.16M | $354.6M | $431.66M | $473.32M | $804M | $727.6M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.27B | $1.43B | $713.91M | $670.6M | $518.87M | $336.58M | $956.53M | $1.14B | $555.19M | $650.8M | $822.25M | $1.22B | $1.09B |
| Supplementary Data | |||||||||||||
| Total Debt | $218.75M | $318.69M | $165.29M | $152.22M | $166.83M | $54.88M | $277.82M | $342.11M | $157.39M | $168.93M | $303.27M | $212M | $210M |
| Net Debt | $218.74M | $318.69M | $165.29M | $152.22M | $123.96M | $54.88M | $277.82M | $341.15M | $157.39M | $178.1M | $296.87M | $209.9M | $198.2M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 |
| Operating Activities | |||||||||||||
| Net Income | -$35.48M | $295.26M | $64.95M | $146.4M | $143.72M | -$354.37M | -$42.47M | -$4.55M | -$37.13M | -$3.19M | -$279.58M | $113.44M | $288.52M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | -$8.82M | -$9.41M | -$23.75M | -$633K | -$163.57M | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$6.88M | $2.2M | $2.3M | $328K | -$107.27M | -$4.06M | $2M | $5.22M | -$4.81M | $350K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $106M | $0 | -$8.82M | -$9.41M | -$23.75M | $0 | $0 | $0 | $0 |
| Accounts Payable | $81K | $747K | -$1.06M | $1.16M | $199K | -$556K | -$145K | $161K | -$5.79M | $5.57M | $0 | $0 | $0 |
| Other Working Capital | $29.43M | $47.14M | $282K | $94K | $97K | -$1.87M | -$268K | $198K | -$23.94M | -$532K | $0 | $0 | $0 |
| Total Working Capital Change | $22.63M | $50.08M | $1.53M | $1.59M | -$975K | -$6.48M | -$7.23M | -$3.82M | -$34.54M | $5.39M | -$57.03M | $24M | $69.4M |
| Other Non-Cash Items | $41.63M | $68.19M | -$45.44M | -$151.92M | -$180.89M | $624.54M | $188.03M | $80.83M | $124.16M | $29.34M | $492.45M | -$141.04M | -$343.62M |
| Net Cash from Operating | $28.77M | $413.53M | $21.04M | -$3.94M | -$38.15M | $263.69M | $129.51M | $63.05M | $28.75M | $37.47M | -$7.73M | -$3.6M | $14.3M |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$168.41M | -$1.19B | -$580.87M | -$386.43M | -$229.02M | -$89.67M | -$311.55M | -$86.61M | -$103.34M | -$138.81M | $0 | $0 | $0 |
| Sales of Investments | $238.47M | $1.55B | $581.92M | $354.43M | $166.44M | $345.75M | $371.1M | $104.16M | $106.44M | $276.79M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.17M | -$9.17M | $0 | $0 | $0 |
| Net Cash from Investing | $70.06M | $360.18M | $1.05M | -$32M | -$62.58M | $256.08M | $59.55M | $17.55M | $7.27M | $128.81M | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $70.23M | $68M | -$13.03M | -$28.2M | -$69M | $223.4M | $64.5M | $9M | -$11M | $135M | $15.12M | -$40M | - |
| Common Stock Issuance | $76.72M | $0 | $0 | $16.57M | $0 | $0 | $0 | $61K | $59K | $514K | $0 | $0 | $0 |
| Common Stock Repurchases | -$6.6M | -$27.9M | -$3.73M | -$8.2M | $0 | -$4.9M | $0 | -$481 | -$11.06M | -$47M | $0 | $0 | $0 |
| Dividends Paid | -$77.06M | -$33.42M | -$30.31M | -$24.9M | -$19.56M | -$30.34M | -$65.98M | -$52.9M | -$39.93M | -$38.47M | -$44.76M | -$43.13M | $0 |
| Other Financing Activities | $17.6M | -$12K | -$32K | -$426K | -$11.3M | -$5.05M | $0 | $188K | $124K | $276K | $0 | -$6K | -$14.4M |
| Net Cash from Financing | -$107.16M | -$413.53M | -$21.04M | $3.94M | $38.15M | -$263.69M | -$130.48M | -$61.71M | -$28.75M | -$172.68M | $9.18M | -$3.3M | -$14.4M |
| Forex Effect | $8.34M | $0 | $0 | $0 | $0 | $0 | -$59.55M | -$17.55M | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $11K | $0 | $1.05M | -$32M | -$62.58M | $256.08M | -$967K | $1.34M | $7.27M | -$6.4M | $1.44M | -$6.9M | -$100K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $28.77M | $413.53M | $21.04M | -$3.94M | -$38.15M | $263.69M | $129.51M | $63.05M | $28.75M | $37.47M | -$7.73M | -$3.6M | $14.3M |
| Capital Expenditure | $0 | $4 | $0 | $0 | $3 | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $28.77M | $413.53M | $21.04M | -$3.94M | -$38.15M | $263.69M | $129.51M | $63.05M | $28.75M | $37.47M | -$7.73M | -$3.6M | $14.3M |
| Cash at Beginning | $0 | $0 | $0 | $0 | $256.08M | $0 | $967K | -$372K | $0 | $6.4M | $2.1M | $11.8M | $0 |
| Cash at End | $11K | $0 | $1.05M | -$32M | $7.92M | $256.08M | $0 | $967K | $7.27M | $0 | $3.54M | $4.9M | -$100K |