CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Q1 2025 Filing

Filed April 24, 2025

Portfolio Value

$1.6B

Holdings

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (61 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	ETENERGY TRANSFER L P	7,416,868	$137.9M	8.49%
2	TRGPTARGA RES CORP	684,542	$137.2M	8.45%
3	LNGCHENIERE ENERGY INC	541,142	$125.2M	7.71%
4	OKEONEOK INC NEW	1,138,825	$113.0M	6.96%
5	MPLXMPLX LP	1,822,709	$97.6M	6.01%
6	PAGPPLAINS GP HLDGS L P	4,033,000	$86.1M	5.31%
7	KMIKINDER MORGAN INC DEL	2,869,128	$81.9M	5.04%
8	WMBWILLIAMS COS INC	1,347,047	$80.5M	4.96%
9	HESMHESS MIDSTREAM LP	1,825,485	$77.2M	4.75%
10	TRPTC ENERGY CORP	1,559,786	$73.6M	4.54%
11	DTMDT MIDSTREAM INC	750,623	$72.4M	4.46%
12	PPLPEMBINA PIPELINE CORP	1,785,369	$71.5M	4.40%
13	EPDENTERPRISE PRODS PARTNERS L	1,925,848	$65.7M	4.05%
14	WESWESTERN MIDSTREAM PARTNERS L	1,333,624	$54.6M	3.36%
15	EQTEQT CORP	665,742	$35.6M	2.19%
16	KNTKKINETIK HOLDINGS INC	590,000	$30.6M	1.89%
17	VSTVISTRA CORP	240,000	$28.2M	1.74%
18	PSXPHILLIPS 66	183,186	$22.6M	1.39%
19	TLNTALEN ENERGY CORP	88,700	$17.7M	1.09%
20	CWENCLEARWAY ENERGY INC	522,000	$15.8M	0.97%
21	CEGCONSTELLATION ENERGY CORP	72,500	$14.6M	0.90%
22	AMANTERO MIDSTREAM CORP	774,000	$13.9M	0.86%
23	ENBENBRIDGE INC	301,500	$13.4M	0.82%
24	MPCMARATHON PETE CORP	86,528	$12.6M	0.78%
25	VNOMUSDVIPER ENERGY INC	254,000	$11.5M	0.71%
26	NRANRG ENERGY INC	79,000	$7.5M	0.46%
27	GEVGE VERNOVA INC	24,000	$7.3M	0.45%
28	PWRQUANTA SVCS INC	27,000	$6.9M	0.42%
29	ARLPALLIANCE RESOURCE PARTNERS L	250,000	$6.8M	0.42%
30	GELGENESIS ENERGY L P	427,837	$6.7M	0.41%
31	SRESEMPRA	82,000	$5.9M	0.36%
32	MSFTMICROSOFT CORP	15,000	$5.6M	0.35%
33	NEENEXTERA ENERGY INC	77,000	$5.5M	0.34%
34	CRWDCROWDSTRIKE HLDGS INC	15,000	$5.3M	0.33%
35	SOBOSOUTH BOW CORP	203,371	$5.2M	0.32%
36	CVECENOVUS ENERGY INC	344,000	$4.8M	0.29%
37	PANWPALO ALTO NETWORKS INC	26,000	$4.4M	0.27%
38	ITRIITRON INC	40,000	$4.2M	0.26%
39	FSLRFIRST SOLAR INC	31,000	$3.9M	0.24%
40	TMUST-MOBILE US INC	14,000	$3.7M	0.23%
41	PAAPLAINS ALL AMERN PIPELINE L	184,105	$3.7M	0.23%
42	CORZCORE SCIENTIFIC INC NEW	500,000	$3.6M	0.22%
43	CLSKCLEANSPARK INC	500,500	$3.4M	0.21%
44	SOSOUTHERN CO	33,000	$3.0M	0.19%
45	PRIMPRIMORIS SVCS CORP	49,000	$2.8M	0.17%
46	RSGREPUBLIC SVCS INC	11,000	$2.7M	0.16%
47	AMLPALPS ETF TR	50,000	$2.6M	0.16%	Put
48	NXTNEXTRACKER INC	60,000	$2.5M	0.16%
49	TXOTXO PARTNERS LP	130,000	$2.5M	0.15%
50	EQIXEQUINIX INC	3,000	$2.4M	0.15%
51	NTNXNUTANIX INC	35,000	$2.4M	0.15%
52	PEGPUBLIC SVC ENTERPRISE GRP IN	29,000	$2.4M	0.15%
53	MSIMOTOROLA SOLUTIONS INC	5,000	$2.2M	0.13%
54	ETRENTERGY CORP NEW	25,000	$2.1M	0.13%
55	MTZMASTEC INC	18,000	$2.1M	0.13%
56	FQIDIGITAL RLTY TR INC	14,000	$2.0M	0.12%
57	AEPAMERICAN ELEC PWR CO INC	17,000	$1.9M	0.11%
58	CYBRCYBERARK SOFTWARE LTD	5,000	$1.7M	0.10%
59	SSENTINELONE INC	90,000	$1.6M	0.10%
60	NGLNGL ENERGY PARTNERS LP	200,000	$908K	0.06%
61	8LP1VITAL ENERGY INC	15,000	$318K	0.02%