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Portfolio (Quarterly) Guide ↗

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT

· CIK 0001329375
13F Portfolio $2.0B AUM 66 positions Filed Apr 28, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 12 New 22 Added 22 Reduced 6 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 APC ARKO PETE CORP Energy 712,451.0 $12.7M 0.63% NEW $17.89 +9.2%
2 SUNC SUNOCOCORP LLC Energy 200,000.0 $12.3M 0.61% NEW $61.65 +4.1%
3 EE EXCELERATE ENERGY INC Utilities 325,000.0 $10.9M 0.54% NEW $33.42 +3.5%
4 WTTR SELECT WATER SOLUTIONS INC Utilities 420,000.0 $6.4M 0.32% NEW $15.30 +20.7%
5 XLE PUT SELECT SECTOR SPDR TR 100,000.0 $6.1M 0.30% NEW $61.26 -9.6%
6 SOLV ENERGY INC 200,000.0 $6.0M 0.30% NEW $30.03
7 WBI WATERBRIDGE INFRASTRUCTURE L Energy 202,500.0 $5.4M 0.27% NEW $26.79 +20.5%
8 AMLP PUT ALPS ETF TR 100,000.0 $5.3M 0.26% NEW $52.64 -3.2%
9 STRL STERLING INFRASTRUCTURE INC Industrials 11,550.0 $4.7M 0.23% NEW $407.27 +110.6%
10 DUK DUKE ENERGY CORP NEW Utilities 35,000.0 $4.6M 0.23% NEW $130.94 -3.7%
11 CIFR CIPHER DIGITAL INC Financial Services 170,000.0 $2.2M 0.11% NEW $12.87 +103.7%
12 GLNG GOLAR LNG LTD Energy 7,000.0 $379K 0.02% NEW $54.11 -8.4%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 81.2%
Utilities 8.5%
Industrials 6.2%
Technology 3.4%
Financial Services 0.4%
Real Estate 0.3%