CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT
· CIK 0001329375| # | Ticker | Company | Sector | Shares | Value | % Port | Chg Shares | Chg % | Period Price ① | Since Period ① |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TRGP | TARGA RES CORP | Energy | 652,300 | $163.6M | 8.10% | -29K | -4.3% | $250.73 | +6.7% |
| 2 | — | ENERGY TRANSFER L P | — | 7,997,600 | $154.4M | 7.64% | — | — | $19.30 | — |
| 3 | WMB | WILLIAMS COS INC | Energy | 1,700,100 | $123.7M | 6.12% | +105K | +6.6% | $72.78 | +6.7% |
| 4 | MPLX | MPLX LP | Energy | 1,859,100 | $106.1M | 5.25% | -25K | -1.3% | $57.07 | -2.6% |
| 5 | DTM | DT MIDSTREAM INC | Energy | 727,100 | $97.9M | 4.85% | -22K | -3.0% | $134.67 | +10.0% |
| 6 | OKE | ONEOK INC NEW | Energy | 1,069,900 | $96.7M | 4.79% | -228K | -17.6% | $90.39 | +0.7% |
| 7 | — | KINDER MORGAN INC DEL | — | 2,722,300 | $91.3M | 4.52% | -143K | -5.0% | $33.53 | — |
| 8 | KNTK | KINETIK HOLDINGS INC | Energy | 1,874,000 | $90.7M | 4.49% | +31K | +1.7% | $48.41 | +5.2% |
| 9 | PAGP | PLAINS GP HLDGS L P | Energy | 3,460,000 | $84.0M | 4.16% | -265K | -7.1% | $24.28 | -0.7% |
| 10 | TRP | TC ENERGY CORP | Energy | 1,280,600 | $80.2M | 3.97% | -15K | -1.1% | $62.60 | +8.8% |
| 11 | LNG | CHENIERE ENERGY INC | Energy | 279,800 | $79.4M | 3.93% | -45K | -13.8% | $283.76 | -15.0% |
| 12 | WES | WESTERN MIDSTREAM PARTNERS L | Energy | 1,676,900 | $69.0M | 3.42% | +136K | +8.8% | $41.17 | +11.4% |
| 13 | EPD | ENTERPRISE PRODS PARTNERS L | Energy | 1,745,500 | $66.0M | 3.27% | -47K | -2.6% | $37.84 | +3.7% |
| 14 | PBA | PEMBINA PIPELINE CORP | Energy | 1,357,100 | $60.7M | 3.01% | +10K | +0.7% | $44.76 | +8.6% |
| 15 | ENB | ENBRIDGE INC | Energy | 1,001,500 | $54.2M | 2.68% | +400K | +66.5% | $54.14 | +3.8% |
| 16 | MPC | MARATHON PETE CORP | Energy | 142,800 | $34.9M | 1.73% | +60K | +73.1% | $244.18 | +1.9% |
| 17 | PSX | PHILLIPS 66 | Energy | 180,100 | $32.8M | 1.62% | -11K | -5.7% | $182.18 | -5.9% |
| 18 | SOBO | SOUTH BOW CORP | Energy | 865,500 | $28.8M | 1.43% | -625K | -41.9% | $33.32 | +9.8% |
| 19 | TLN | TALEN ENERGY CORP | Utilities | 89,300 | $28.5M | 1.41% | -28K | -23.8% | $319.23 | +10.5% |
| 20 | VST | VISTRA CORP | Utilities | 183,600 | $27.6M | 1.37% | -25K | -12.0% | $150.33 | -5.6% |
| 21 | EQT | EQT CORP | Energy | 403,258 | $25.7M | 1.27% | +59K | +17.1% | $63.64 | -11.1% |
| 22 | NRG | NRG ENERGY INC | Utilities | 170,500 | $24.9M | 1.23% | +8K | +5.2% | $146.14 | -7.8% |
| 23 | CEG | CONSTELLATION ENERGY CORP | Utilities | 82,700 | $23.1M | 1.14% | -34K | -29.1% | $279.25 | -4.3% |
| 24 | MTZ | MASTEC INC | Industrials | 70,900 | $22.8M | 1.13% | +400 | +0.6% | $321.74 | +35.1% |
| 25 | SEI | SOLARIS ENERGY INFRAS INC | Energy | 388,000 | $21.9M | 1.08% | +327K | +536.1% | $56.51 | +38.5% |
| 26 | PRIM | PRIMORIS SVCS CORP | Industrials | 152,000 | $21.7M | 1.08% | +25K | +19.7% | $143.04 | -19.2% |
| 27 | GEV | GE VERNOVA INC | Utilities | 24,000 | $20.9M | 1.04% | -24K | -49.8% | $872.90 | +24.9% |
| 28 | PWR | QUANTA SVCS INC | Industrials | 38,000 | $20.9M | 1.03% | -1K | -2.6% | $549.02 | +42.1% |
| 29 | AGX | ARGAN INC | Industrials | 38,000 | $20.7M | 1.02% | +3K | +8.6% | $544.65 | +32.6% |
| 30 | BE | BLOOM ENERGY CORP | Industrials | 135,000 | $18.3M | 0.91% | +20K | +17.4% | $135.49 | +103.7% |
| 31 | NXT | NEXTPOWER INC | Technology | 143,000 | $17.2M | 0.85% | -20K | -12.3% | $120.55 | +18.4% |
| 32 | APC | ARKO PETE CORP | Energy | 712,451 | $12.7M | 0.63% | NEW | — | $17.89 | +15.0% |
| 33 | SUNC | SUNOCOCORP LLC | Energy | 200,000 | $12.3M | 0.61% | NEW | — | $61.65 | +14.0% |
| 34 | DY | DYCOM INDS INC | Industrials | 36,000 | $12.2M | 0.60% | +21K | +140.0% | $338.82 | +33.1% |
| 35 | CRWD | CROWDSTRIKE HLDGS INC | Technology | 30,000 | $11.7M | 0.58% | +5K | +20.0% | $390.41 | +48.5% |
| 36 | PANW | PALO ALTO NETWORKS INC | Technology | 72,000 | $11.5M | 0.57% | +25K | +53.2% | $160.32 | +48.6% |
| 37 | DOCN | DIGITALOCEAN HLDGS INC | Technology | 132,200 | $11.3M | 0.56% | +16K | +14.0% | $85.78 | +84.7% |
| 38 | EE | EXCELERATE ENERGY INC | Utilities | 325,000 | $10.9M | 0.54% | NEW | — | $33.42 | +8.3% |
| 39 | NET | CLOUDFLARE INC | Technology | 50,000 | $10.3M | 0.51% | +20K | +66.7% | $206.34 | -3.2% |
| 40 | VNOM | VIPER ENERGY INC | Energy | 205,000 | $9.6M | 0.48% | -74K | -26.5% | $46.99 | +1.5% |
| 41 | NEE | NEXTERA ENERGY INC | Utilities | 95,000 | $8.8M | 0.44% | +45K | +90.0% | $92.88 | +3.0% |
| 42 | TXO | TXO PARTNERS LP | Energy | 581,000 | $7.3M | 0.36% | — | — | $12.58 | +3.1% |
| 43 | ETR | ENTERGY CORP NEW | Utilities | 63,000 | $7.1M | 0.35% | — | — | $112.36 | +0.5% |
| 44 | WTTR | SELECT WATER SOLUTIONS INC | Utilities | 420,000 | $6.4M | 0.32% | NEW | — | $15.30 | +21.6% |
| 45 | FQI | DIGITAL RLTY TR INC | — | 34,000 | $6.1M | 0.30% | — | — | $180.21 | — |
| 46 | XLE PUT | SELECT SECTOR SPDR TR | — | 100,000 | $6.1M | 0.30% | NEW | — | $61.26 | -2.9% |
| 47 | MWH | SOLV ENERGY INC | Industrials | 200,000 | $6.0M | 0.30% | NEW | — | $30.03 | +0.2% |
| 48 | WBI | WATERBRIDGE INFRASTRUCTURE L | Energy | 202,500 | $5.4M | 0.27% | NEW | — | $26.79 | +11.2% |
| 49 | IREN | IREN LIMITED | Financial Services | 157,000 | $5.4M | 0.27% | +4K | +2.6% | $34.28 | +70.4% |
| 50 | ARLP | ALLIANCE RESOURCE PARTNERS L | Energy | 191,000 | $5.3M | 0.26% | — | — | $27.65 | -9.1% |
| 51 | AMLP PUT | ALPS ETF TR | — | 100,000 | $5.3M | 0.26% | NEW | — | $52.64 | +2.7% |
| 52 | STRL | STERLING INFRASTRUCTURE INC | Industrials | 11,550 | $4.7M | 0.23% | NEW | — | $407.27 | +118.3% |
| 53 | DUK | DUKE ENERGY CORP NEW | Utilities | 35,000 | $4.6M | 0.23% | NEW | — | $130.94 | -5.1% |
| 54 | AM | ANTERO MIDSTREAM CORP | Energy | 201,000 | $4.6M | 0.23% | -115K | -36.4% | $22.80 | -3.6% |
| 55 | SNOW | SNOWFLAKE INC | Technology | 29,000 | $4.4M | 0.22% | +6K | +26.1% | $150.82 | -0.0% |
| 56 | SOJF | SOUTHERN CO | Utilities | 45,000 | $4.3M | 0.21% | — | — | $96.52 | -73.6% |
| 57 | WEC | WEC ENERGY GROUP INC | Utilities | 35,000 | $4.1M | 0.20% | — | — | $115.77 | -3.6% |
| 58 | AEP | AMERICAN ELEC PWR CO INC | Utilities | 25,000 | $3.3M | 0.16% | — | — | $131.08 | -4.5% |
| 59 | GEL | GENESIS ENERGY L P | Energy | 151,000 | $2.7M | 0.13% | -35K | -18.7% | $17.83 | -9.7% |
| 60 | CIFR | CIPHER DIGITAL INC | Financial Services | 170,000 | $2.2M | 0.11% | NEW | — | $12.87 | +58.0% |
| 61 | NGL | NGL ENERGY PARTNERS LP | Energy | 150,000 | $1.8M | 0.09% | — | — | $12.33 | +41.7% |
| 62 | PAA | PLAINS ALL AMERN PIPELINE L | Energy | 55,300 | $1.2M | 0.06% | -100K | -64.4% | $22.33 | +0.7% |
| 63 | CVE | CENOVUS ENERGY INC | Energy | 30,000 | $796K | 0.04% | -430K | -93.5% | $26.53 | +13.6% |
| 64 | — | GOLAR LNG LTD | — | 7,000 | $379K | 0.02% | NEW | — | $54.11 | — |
| 65 | CLSK | CLEANSPARK INC | Technology | 32,000 | $272K | 0.01% | +12K | +60.0% | $8.51 | +54.1% |
| 66 | NFE | NEW FORTRESS ENERGY INC | Utilities | 100,000 | $59K | 0.00% | — | — | $0.59 | +17.1% |
① 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
78.6%
Utilities
9.9%
Industrials
7.2%
Technology
3.8%
Financial Services
0.4%