CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT · 13F Holdings
| Stock | Ownership Trend | Portfolio % | Prev Q % | Q2 2026 Value | Q2 2026 Shares | Prev Q Value | Prev Q Shares | Shares Change | Action |
|---|---|---|---|---|---|---|---|---|---|
 TARGA RES CORPTRGP | 7.37% | 8.1% | $164.7M | 614,300 | $163.6M | 652,300 | -38,000-5.83% | Reduce | |
| EENERGY TRANSFER L PET | 6.78% | 7.64% | $151.5M | 7.9M | $154.4M | 8.0M | -74,000-0.93% | Reduce | |
 WILLIAMS COS INCWMB | 6.21% | 6.13% | $138.7M | 1.9M | $123.7M | 1.7M | +166,000+9.76% | Add | |
 DT MIDSTREAM INC COMMON STOCKDTM | 4.79% | 4.85% | $107.1M | 730,100 | $97.9M | 727,100 | +3,000+0.41% | Add | |
 PLAINS GP HLDGS L PPAGP | 4.12% | 4.16% | $92.1M | 3.8M | $84.0M | 3.5M | +335,000+9.68% | Add | |
| MMPLX LPFFUT | 4.07% | 5.25% | $91.0M | 1.6M | $106.1M | 1.9M | -244,500-13.15% | Reduce | |
 ONEOK INC NEWOKE | 3.84% | 4.79% | $85.7M | 985,900 | $96.7M | 1.1M | -84,000-7.85% | Reduce | |
| KKINETIK HOLDINGS INCKNTK | 3.79% | 4.49% | $84.7M | 1.8M | $90.7M | 1.9M | -122,000-6.51% | Reduce | |
 Tc Energy Corp COMMONTRP | 3.7% | 3.97% | $82.6M | 1.2M | $80.2M | 1.3M | -34,800-2.72% | Reduce | |
 CHENIERE ENERGY INCLNG | 3.61% | 3.93% | $80.7M | 337,800 | $79.4M | 279,800 | +58,000+20.73% | Add | |
 KINDER MORGAN INC DEL COMKMI | 2.92% | 4.52% | $65.2M | 2.0M | $91.3M | 2.7M | -682,900-25.09% | Reduce | |
 ENTERPRISE PRODS PARTNERS LEPD | 2.58% | 3.27% | $57.5M | 1.6M | $66.0M | 1.7M | -180,000-10.31% | Reduce | |
| WWESTERN MIDSTREAM PAR LPWES | 2.47% | 3.42% | $55.1M | 1.3M | $69.0M | 1.7M | -417,000-24.87% | Reduce | |
 PEMBINA PIPELINE CORPPBA | 2.4% | 3.01% | $53.6M | 1.2M | $60.7M | 1.4M | -199,000-14.66% | Reduce | |
 ENBRIDGE INCENB | 2.32% | 2.68% | $51.9M | 956,500 | $54.2M | 1.0M | -45,000-4.49% | Reduce | |
 BLOOM ENERGY CORPBE | 1.85% | 0.91% | $41.4M | 136,900 | $18.3M | 135,000 | +1,900+1.41% | Add | |
| AARGAN INCAGX | 1.63% | 1.02% | $36.3M | 45,500 | $20.7M | 38,000 | +7,500+19.74% | Add | |
| MMASTEC INCMTZ | 1.54% | 1.13% | $34.4M | 82,800 | $22.8M | 70,900 | +11,900+16.78% | Add | |
 GE VERNOVA INCGEV | 1.51% | 1.04% | $33.7M | 28,700 | $20.9M | 24,000 | +4,700+19.58% | Add | |
| SSOLARIS ENERGY INFRAS INCSEI | 1.5% | 1.09% | $33.6M | 418,000 | $21.9M | 388,000 | +30,000+7.73% | Add | |
 QUANTA SVCS INCPWR | 1.41% | 1.03% | $31.5M | 43,800 | $20.9M | 38,000 | +5,800+15.26% | Add | |
 VISTRA CORPVST | 1.41% | 1.37% | $31.4M | 198,000 | $27.6M | 183,600 | +14,400+7.84% | Add | |
| NNRG ENERGY INCNRG | 1.39% | 1.23% | $31.1M | 212,700 | $24.9M | 170,500 | +42,200+24.75% | Add | |
| SSOUTH BOW CORPORATION COM NPV ISIN #CA83671M1059 SEDOL #BMZMBC3USNG | 1.35% | 1.43% | $30.1M | 855,500 | $28.8M | 865,500 | -10,000-1.16% | Reduce | |
| TTALEN ENERGY CORPTLN | 1.32% | 1.41% | $29.5M | 76,800 | $28.5M | 89,300 | -12,500-14.00% | Reduce | |
| SSUNOCOCORP LLCSUNC | 1.23% | 0.61% | $27.5M | 406,000 | $12.3M | 200,000 | +206,000+103.00% | Add | |
 CONSTELLATION ENERGY CORPCEG | 1.19% | 1.14% | $26.6M | 107,000 | $23.1M | 82,700 | +24,300+29.38% | Add | |
| DDYCOM INDS INCDY | 1.18% | 0.6% | $26.3M | 52,000 | $12.2M | 36,000 | +16,000+44.44% | Add | |
 PALO ALTOPANW | 1.14% | 0.57% | $25.6M | 75,000 | $11.5M | 72,000 | +3,000+4.17% | Add | |
 EXCELERATE ENERGY INCEE | 1.1% | 0.54% | $24.7M | 650,000 | $10.9M | 325,000 | +325,000+100.00% | Add | |
| KKODIAK GAS SVCS INCKGS | 1.01% | — | $22.5M | 300,000 | $0 | 0 | +300,000 | New Buy | |
 CROWDSTRIKE HLDGS INCCRWD | 0.99% | 0.58% | $22.1M | 29,000 | $11.7M | 30,000 | -1,000-3.33% | Reduce | |
| DDIGITALOCEAN HLDGS INCDOCN | 0.99% | 0.56% | $22.0M | 140,400 | $11.3M | 132,200 | +8,200+6.20% | Add | |
| NNEXTPOWER INCNXT | 0.96% | 0.85% | $21.6M | 181,000 | $17.2M | 143,000 | +38,000+26.57% | Add | |
 EQT CORPEQT | 0.96% | 1.27% | $21.4M | 403,258 | $25.7M | 403,258 | 00.00% | Unchanged | |
| WWATERBRIDGE INFRASTRUCTURE LWBI | 0.95% | 0.27% | $21.2M | 620,000 | $5.4M | 202,500 | +417,500+206.17% | Add | |
 SELECT WATER SOLUTIONS INCWTTR | 0.91% | 0.32% | $20.4M | 1.0M | $6.4M | 420,000 | +600,000+142.86% | Add | |
| SSOLV ENERGY INCMWH | 0.79% | 0.3% | $17.7M | 520,000 | $6.0M | 200,000 | +320,000+160.00% | Add | |
| SSTERLING INFRASTRUCTURE INCSTRL | 0.77% | 0.23% | $17.2M | 20,550 | $4.7M | 11,550 | +9,000+77.92% | Add | |
| VVENTURE GLOBAL INC CLASS AVG | 0.69% | — | $15.5M | 1.4M | $0 | 0 | +1.4M | New Buy | |
 CLOUDFLARE INCNET | 0.66% | 0.51% | $14.7M | 60,000 | $10.3M | 50,000 | +10,000+20.00% | Add | |
 IRIDIUM COMMUNICATIONS IIRDM | 0.58% | — | $12.9M | 236,000 | $0 | 0 | +236,000 | New Buy | |
 MARATHON PETE CORPMPC | 0.57% | 1.73% | $12.7M | 49,800 | $34.9M | 142,800 | -93,000-65.13% | Reduce | |
 PHILLIPS 66PSX | 0.55% | 1.62% | $12.4M | 73,100 | $32.8M | 180,100 | -107,000-59.41% | Reduce | |
 ENTERGY CORP NEWETR | 0.51% | 0.35% | $11.5M | 100,000 | $7.1M | 63,000 | +37,000+58.73% | Add | |
| EENTEGRIS INCENTG | 0.47% | — | $10.6M | 59,000 | $0 | 0 | +59,000 | New Buy | |
| EEAGLEROCK LD LLC CL A SHS REP LTDEROK | 0.45% | — | $10.0M | 470,000 | $0 | 0 | +470,000 | New Buy | |
 SNOWFLAKE INC COM SHSSNOW | 0.39% | 0.22% | $8.7M | 34,000 | $4.4M | 29,000 | +5,000+17.24% | Add | |
 NEBIUS GROUP N VNBIS | 0.39% | — | $8.6M | 31,300 | $0 | 0 | +31,300 | New Buy | |
 DIGITAL RLTY TR INC COMDLR | 0.38% | 0.3% | $8.4M | 47,000 | $6.1M | 34,000 | +13,000+38.24% | Add |