CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT

CIK: 0001329375SEC EDGAR →

Portfolio Value

$1.7T

Holdings

60

As of

Q4 2025

New Positions

60

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ENERGY TRANSFER L P

7,991,600$131.8B
7.56%
2

TARGA RES CORP

681,300$125.7B
7.21%
3

MPLX LP

1,883,800$100.5B
5.77%
4

WILLIAMS COS INC

1,595,100$95.9B
5.50%
5

ONEOK INC NEW

1,297,916$95.4B
5.47%
6

DT MIDSTREAM INC

749,300$89.7B
5.14%
7

KINDER MORGAN INC DEL

2,865,000$78.8B
4.52%
8

PLAINS GP HLDGS L P

3,725,000$71.3B
4.09%
9

TC ENERGY CORP

1,295,500$71.3B
4.09%
10

KINETIK HOLDINGS INC

1,843,400$66.5B
3.81%

Quarterly Changes

Top Buys

ETNEW
$131.8B
TRGPNEW
$125.7B
MPLXNEW
$100.5B
WMBNEW
$95.9B
OKENEW
$95.4B

Top Sells

No sells this quarter

New Positions (60)

$131.8B · 8.0M shares
$125.7B · 681K shares
$100.5B · 1.9M shares
$95.9B · 1.6M shares
$95.4B · 1.3M shares
$89.7B · 749K shares
$78.8B · 2.9M shares
$71.3B · 3.7M shares
$71.3B · 1.3M shares
$66.5B · 1.8M shares
$63.1B · 325K shares
$60.9B · 1.5M shares
$57.5B · 1.8M shares
$51.3B · 1.3M shares
$46.8B · 1.4M shares
$43.9B · 117K shares
$41.2B · 117K shares
$40.9B · 1.5M shares
$33.7B · 209K shares
$31.3B · 48K shares
$28.8B · 602K shares
$25.8B · 162K shares
$24.6B · 191K shares
$18.5B · 344K shares
$17.8B · 68K shares
$16.5B · 39K shares
$15.8B · 127K shares
$15.3B · 71K shares
$14.2B · 163K shares
$13.4B · 83K shares
$11.7B · 25K shares
$11.0B · 35K shares
$10.8B · 279K shares
$10.0B · 115K shares
$8.7B · 47K shares
$7.8B · 460K shares
$6.2B · 581K shares
$5.9B · 30K shares
$5.8B · 63K shares
$5.8B · 153K shares
$5.6B · 316K shares
$5.6B · 116K shares
$5.3B · 34K shares
$5.1B · 15K shares
$5.0B · 23K shares
$4.8B · 10K shares
$4.5B · 23K shares
$4.4B · 191K shares
$4.0B · 50K shares
$3.9B · 49K shares
$3.9B · 45K shares
$3.7B · 35K shares
$3.1B · 7K shares
$2.9B · 186K shares
$2.9B · 25K shares
$2.8B · 61K shares
$2.8B · 155K shares
$1.5B · 150K shares
$202.0M · 20K shares
$114.0M · 100K shares

Sector Breakdown

Sector# HoldingsValue%
Energy28$1.3T76.7%
Utilities12$225.8B12.9%
Industrials6$73.6B4.2%
Technology11$70.0B4.0%
Unknown2$31.1B1.8%
Financial Services1$5.8B0.3%