CUSHING ASSET MANAGEMENT, LP DBA NXG INVESTMENT MANAGEMENT

PrivateCIK: 1329375
Location

DALLAS, TX

73
Positions
$2.23B
Total AUM (reported)
40.27M
Total Shares

Allocation by class

TOTAL AUM$2.23B73 positions
COM$1.22B54.5%
COM UT LTD PTN$151.50M6.8%
COM NEW$119.99M5.4%
COMMON STOCK$107.13M4.8%
LTD PARTNR INT A$92.10M4.1%
COM UNIT REP LTD$90.95M4.1%
COM CL A$90.83M4.1%

Portfolio Concentration

Top 320.4%4–1027.9%11–2527.6%Rest24.1%TOP 1048.3%0%100%
Top 3$454.94M20.4%
4–10$623.92M27.9%
11–25$616.54M27.6%
Rest$539.38M24.1%

Top 3 weight

20.4%

Top 10 weight

48.3%

Voting Authority Distribution

Total shares with voting rights: 40.27M

Sole

Full voting authority

40.27M

shares

% of voting shares100.0%
Shared

Joint voting authority

0.00

shares

% of voting shares0.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole73
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings73
Rows:

TARGA RES CORP

SOLE
COM
Shares614.30K
TypeSH
Market value$164.72M
7.37%
Sole
614.30K
Shared
0.00
None
0.00

ENERGY TRANSFER L P

SOLE
COM UT LTD PTN
Shares7.92M
TypeSH
Market value$151.50M
6.78%
Sole
7.92M
Shared
0.00
None
0.00

WILLIAMS COS INC

SOLE
COM
Shares1.87M
TypeSH
Market value$138.73M
6.21%
Sole
1.87M
Shared
0.00
None
0.00

DT MIDSTREAM INC

SOLE
COMMON STOCK
Shares730.10K
TypeSH
Market value$107.13M
4.79%
Sole
730.10K
Shared
0.00
None
0.00

PLAINS GP HLDGS L P

SOLE
LTD PARTNR INT A
Shares3.79M
TypeSH
Market value$92.10M
4.12%
Sole
3.79M
Shared
0.00
None
0.00

MPLX LP

SOLE
COM UNIT REP LTD
Shares1.61M
TypeSH
Market value$90.95M
4.07%
Sole
1.61M
Shared
0.00
None
0.00

ONEOK INC NEW

SOLE
COM
Shares985.90K
TypeSH
Market value$85.71M
3.84%
Sole
985.90K
Shared
0.00
None
0.00

KINETIK HOLDINGS INC

SOLE
COM NEW CL A
Shares1.75M
TypeSH
Market value$84.69M
3.79%
Sole
1.75M
Shared
0.00
None
0.00

TC ENERGY CORP

SOLE
COM
Shares1.25M
TypeSH
Market value$82.58M
3.70%
Sole
1.25M
Shared
0.00
None
0.00

CHENIERE ENERGY INC

SOLE
COM NEW
Shares337.80K
TypeSH
Market value$80.74M
3.61%
Sole
337.80K
Shared
0.00
None
0.00

KINDER MORGAN INC DEL

SOLE
COM
Shares2.04M
TypeSH
Market value$65.20M
2.92%
Sole
2.04M
Shared
0.00
None
0.00

ENTERPRISE PRODS PARTNERS L

SOLE
COM
Shares1.57M
TypeSH
Market value$57.55M
2.58%
Sole
1.57M
Shared
0.00
None
0.00

WESTERN MIDSTREAM PARTNERS L

SOLE
COM UNIT LP INT
Shares1.26M
TypeSH
Market value$55.13M
2.47%
Sole
1.26M
Shared
0.00
None
0.00

PEMBINA PIPELINE CORP

SOLE
COM
Shares1.16M
TypeSH
Market value$53.56M
2.40%
Sole
1.16M
Shared
0.00
None
0.00

ENBRIDGE INC

SOLE
COM
Shares956.50K
TypeSH
Market value$51.85M
2.32%
Sole
956.50K
Shared
0.00
None
0.00

BLOOM ENERGY CORP

SOLE
COM CL A
Shares136.90K
TypeSH
Market value$41.44M
1.85%
Sole
136.90K
Shared
0.00
None
0.00

ARGAN INC

SOLE
COM
Shares45.50K
TypeSH
Market value$36.33M
1.63%
Sole
45.50K
Shared
0.00
None
0.00

MASTEC INC

SOLE
COM
Shares82.80K
TypeSH
Market value$34.45M
1.54%
Sole
82.80K
Shared
0.00
None
0.00

GE VERNOVA INC

SOLE
COM
Shares28.70K
TypeSH
Market value$33.72M
1.51%
Sole
28.70K
Shared
0.00
None
0.00

SOLARIS ENERGY INFRAS INC

SOLE
COM CL A
Shares418K
TypeSH
Market value$33.63M
1.50%
Sole
418K
Shared
0.00
None
0.00

QUANTA SVCS INC

SOLE
COM
Shares43.80K
TypeSH
Market value$31.54M
1.41%
Sole
43.80K
Shared
0.00
None
0.00

VISTRA CORP

SOLE
COM
Shares198K
TypeSH
Market value$31.41M
1.41%
Sole
198K
Shared
0.00
None
0.00

NRG ENERGY INC

SOLE
COM NEW
Shares212.70K
TypeSH
Market value$31.07M
1.39%
Sole
212.70K
Shared
0.00
None
0.00

SOUTH BOW CORP

SOLE
COM
Shares855.50K
TypeSH
Market value$30.15M
1.35%
Sole
855.50K
Shared
0.00
None
0.00

TALEN ENERGY CORP

SOLE
COM
Shares76.80K
TypeSH
Market value$29.51M
1.32%
Sole
76.80K
Shared
0.00
None
0.00
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