CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| TARGA RES CORP(TRGP) | 681,300 | 652,300 | -29,000 | 125,699,850 | 163,551,179 | 8.14% | +37,851,329 |
| WILLIAMS COS INC(WMB) | 1,595,100 | 1,700,100 | +105,000 | 95,881,461 | 123,733,278 | 6.16% | +27,851,817 |
| ENBRIDGE INC(ENB) | 601,500 | 1,001,500 | +400,000 | 28,769,745 | 54,221,210 | 2.70% | +25,451,465 |
| KINETIK HOLDINGS INC(KNTK) | 1,843,400 | 1,874,000 | +30,600 | 66,454,570 | 90,720,340 | 4.52% | +24,265,770 |
| ENERGY TRANSFER L P(ET) | 7,991,600 | 7,997,600 | +6,000 | 131,781,484 | 154,353,680 | 7.68% | +22,572,196 |
| MARATHON PETE CORP(MPC) | 82,500 | 142,800 | +60,300 | 13,416,975 | 34,868,904 | 1.74% | +21,451,929 |
| SOLARIS ENERGY INFRAS INC(SEI) | 61,000 | 388,000 | +327,000 | 2,804,170 | 21,925,880 | 1.09% | +19,121,710 |
| CHENIERE ENERGY INC(LNG) | 324,800 | 279,800 | -45,000 | 63,137,872 | 79,396,048 | 3.95% | +16,258,176 |
| ARKO PETE CORP(APC) | 0 | 712,451 | +712,451 | 0 | 12,745,748 | 0.63% | +12,745,748 |
| PLAINS GP HLDGS L P | 3,725,000 | 3,460,000 | -265,000 | 71,296,500 | 84,008,800 | 4.18% | +12,712,300 |
| KINDER MORGAN INC DEL(KMI) | 2,865,000 | 2,722,300 | -142,700 | 78,758,850 | 91,278,719 | 4.54% | +12,519,869 |
| SUNOCOCORP LLC(SUNC) | 0 | 200,000 | +200,000 | 0 | 12,330,000 | 0.61% | +12,330,000 |
| EXCELERATE ENERGY INC(EE) | 0 | 325,000 | +325,000 | 0 | 10,861,500 | 0.54% | +10,861,500 |
| ARGAN INC | 35,000 | 38,000 | +3,000 | 10,966,200 | 20,696,700 | 1.03% | +9,730,500 |
| PEMBINA PIPELINE CORP(PBA) | 1,347,100 | 1,357,100 | +10,000 | 51,270,626 | 60,743,796 | 3.02% | +9,473,170 |
| TC ENERGY CORP(TRP) | 1,295,500 | 1,280,600 | -14,900 | 71,265,455 | 80,165,560 | 3.99% | +8,900,105 |
| ENTERPRISE PRODS PARTNERS L(EPD) | 1,792,500 | 1,745,500 | -47,000 | 57,467,550 | 66,049,720 | 3.29% | +8,582,170 |
| BLOOM ENERGY CORP | 115,000 | 135,000 | +20,000 | 9,992,350 | 18,291,150 | 0.91% | +8,298,800 |
| DT MIDSTREAM INC(DTM) | 749,300 | 727,100 | -22,200 | 89,676,224 | 97,918,557 | 4.87% | +8,242,333 |
| PHILLIPS 66(PSX) | 190,900 | 180,100 | -10,800 | 24,633,736 | 32,810,618 | 1.63% | +8,176,882 |
| WESTERN MIDSTREAM PARTNERS L(WES) | 1,540,900 | 1,676,900 | +136,000 | 60,865,550 | 69,037,973 | 3.44% | +8,172,423 |
| MASTEC INC(MTZ) | 70,500 | 70,900 | +400 | 15,324,585 | 22,811,366 | 1.14% | +7,486,781 |
| EQT CORP(EQT) | 344,258 | 403,258 | +59,000 | 18,452,229 | 25,663,339 | 1.28% | +7,211,110 |
| DYCOM INDS INC(DY) | 15,000 | 36,000 | +21,000 | 5,068,500 | 12,197,520 | 0.61% | +7,129,020 |
| SELECT WATER SOLUTIONS INC(WTTR) | 0 | 420,000 | +420,000 | 0 | 6,426,000 | 0.32% | +6,426,000 |
| SELECT SECTOR SPDR TR(Put) | 0 | 100,000 | +100,000 | 0 | 6,126,000 | — | +6,126,000 |
| SOLV ENERGY INC(MWH) | 0 | 200,000 | +200,000 | 0 | 6,006,000 | 0.30% | +6,006,000 |
| PRIMORIS SVCS CORP(PRIM) | 127,000 | 152,000 | +25,000 | 15,765,780 | 21,742,080 | 1.08% | +5,976,300 |
| DIGITALOCEAN HLDGS INC(DOCN) | 116,000 | 132,200 | +16,200 | 5,581,920 | 11,340,116 | 0.56% | +5,758,196 |
| MPLX LP(MPLX) | 1,883,800 | 1,859,100 | -24,700 | 100,538,406 | 106,098,837 | 5.28% | +5,560,431 |
| WATERBRIDGE INFRASTRUCTURE L(WBI) | 0 | 202,500 | +202,500 | 0 | 5,424,975 | 0.27% | +5,424,975 |
| ALPS ETF TR(Put) | 0 | 100,000 | +100,000 | 0 | 5,264,000 | — | +5,264,000 |
| NEXTERA ENERGY INC(NEE) | 50,000 | 95,000 | +45,000 | 4,014,000 | 8,823,600 | 0.44% | +4,809,600 |
| STERLING INFRASTRUCTURE INC(STRL) | 0 | 11,550 | +11,550 | 0 | 4,703,969 | 0.23% | +4,703,969 |
| DUKE ENERGY CORP NEW(DUK) | 0 | 35,000 | +35,000 | 0 | 4,582,900 | 0.23% | +4,582,900 |
| CLOUDFLARE INC(NET) | 30,000 | 50,000 | +20,000 | 5,914,500 | 10,317,000 | 0.51% | +4,402,500 |
| QUANTA SVCS INC | 39,000 | 38,000 | -1,000 | 16,460,340 | 20,862,760 | 1.04% | +4,402,420 |
| NEXTPOWER INC | 163,000 | 143,000 | -20,000 | 14,198,930 | 17,238,650 | 0.86% | +3,039,720 |
| PALO ALTO NETWORKS INC(PANW) | 47,000 | 72,000 | +25,000 | 8,657,400 | 11,543,040 | 0.57% | +2,885,640 |
| CIPHER DIGITAL INC(CIFR) | 0 | 170,000 | +170,000 | 0 | 2,187,900 | 0.11% | +2,187,900 |
| ONEOK INC NEW(OKE) | 1,297,916 | 1,069,900 | -228,016 | 95,396,826 | 96,708,261 | 4.81% | +1,311,435 |
| ENTERGY CORP NEW(ETR) | 63,000 | 63,000 | 0 | 5,823,090 | 7,078,680 | 0.35% | +1,255,590 |
| TXO PARTNERS LP | 581,000 | 581,000 | 0 | 6,199,270 | 7,308,980 | 0.36% | +1,109,710 |
| DIGITAL RLTY TR INC(DLR) | 34,000 | 34,000 | 0 | 5,260,140 | 6,127,140 | 0.31% | +867,000 |
| ALLIANCE RESOURCE PARTNERS L(ARLP) | 191,000 | 191,000 | 0 | 4,436,930 | 5,281,150 | 0.26% | +844,220 |
| SOUTHERN CO(SO) | 45,000 | 45,000 | 0 | 3,924,000 | 4,343,400 | 0.22% | +419,400 |
| AMERICAN ELEC PWR CO INC | 25,000 | 25,000 | 0 | 2,882,750 | 3,277,000 | 0.16% | +394,250 |
| GOLAR LNG LTD | 0 | 7,000 | +7,000 | 0 | 378,770 | 0.02% | +378,770 |
| WEC ENERGY GROUP INC(WEC) | 35,000 | 35,000 | 0 | 3,691,100 | 4,051,950 | 0.20% | +360,850 |
| NGL ENERGY PARTNERS LP(NGL) | 150,000 | 150,000 | 0 | 1,500,000 | 1,849,500 | 0.09% | +349,500 |
| CLEANSPARK INC(CLSK) | 20,000 | 32,000 | +12,000 | 202,400 | 272,320 | 0.01% | +69,920 |
| CROWDSTRIKE HLDGS INC(CRWD) | 25,000 | 30,000 | +5,000 | 11,719,000 | 11,712,300 | 0.58% | -6,700 |
| NEW FORTRESS ENERGY INC | 100,000 | 100,000 | 0 | 114,000 | 59,000 | 0.00% | -55,000 |
| GENESIS ENERGY L P(GEL) | 185,700 | 151,000 | -34,700 | 2,896,920 | 2,692,330 | 0.13% | -204,590 |
| IREN LIMITED | 153,000 | 157,000 | +4,000 | 5,778,810 | 5,381,960 | 0.27% | -396,850 |
| SNOWFLAKE INC(SNOW) | 23,000 | 29,000 | +6,000 | 5,045,280 | 4,373,780 | 0.22% | -671,500 |
| NRG ENERGY INC(NRG) | 162,000 | 170,500 | +8,500 | 25,796,880 | 24,916,870 | 1.24% | -880,010 |
| ANTERO MIDSTREAM CORP(AM) | 316,000 | 201,000 | -115,000 | 5,621,640 | 4,582,800 | 0.23% | -1,038,840 |
| VIPER ENERGY INC(VNOM) | 279,000 | 205,000 | -74,000 | 10,777,770 | 9,632,950 | 0.48% | -1,144,820 |
| PLAINS ALL AMERN PIPELINE L(PAAPU) | 155,300 | 55,300 | -100,000 | 2,789,188 | 1,234,849 | 0.06% | -1,554,339 |
| CYBERARK SOFTWARE LTD | 7,000 | 0 | -7,000 | 3,122,420 | 0 | — | -3,122,420 |
| PUBLIC SVC ENTERPRISE GRP IN(PEG) | 49,000 | 0 | -49,000 | 3,934,700 | 0 | — | -3,934,700 |
| ORACLE CORP(ORCL) | 23,000 | 0 | -23,000 | 4,482,930 | 0 | — | -4,482,930 |
| MICROSOFT CORP(MSFT) | 10,000 | 0 | -10,000 | 4,836,200 | 0 | — | -4,836,200 |
| VISTRA CORP(VST) | 208,700 | 183,600 | -25,100 | 33,669,571 | 27,600,588 | 1.37% | -6,068,983 |
| CENOVUS ENERGY INC(CVE) | 460,000 | 30,000 | -430,000 | 7,783,200 | 795,900 | 0.04% | -6,987,300 |
| GE VERNOVA INC(GEV) | 47,850 | 24,000 | -23,850 | 31,273,325 | 20,949,600 | 1.04% | -10,323,725 |
| SOUTH BOW CORP(SOBO) | 1,490,500 | 865,500 | -625,000 | 40,944,035 | 28,838,460 | 1.44% | -12,105,575 |
| TALEN ENERGY CORP(TLN) | 117,200 | 89,300 | -27,900 | 43,931,248 | 28,507,239 | 1.42% | -15,424,009 |
| FIRST SOLAR INC(FSLR) | 68,000 | 0 | -68,000 | 17,763,640 | 0 | — | -17,763,640 |
| CONSTELLATION ENERGY CORP(CEG) | 116,700 | 82,700 | -34,000 | 41,226,609 | 23,093,975 | 1.15% | -18,132,634 |
| HESS MIDSTREAM LP(HESM) | 1,357,200 | 0 | -1,357,200 | 46,823,400 | 0 | — | -46,823,400 |