CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Q4 2016 Filing

Filed February 14, 2017

Portfolio Value

$3.3B

Holdings

130

Report Date

Q4 2016

Filing Type

13F-HR

All Holdings (130 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	ETENERGY TRANSFER PRTNRS L P	5,841,871	$209.2M	6.27%
2	NGLNGL ENERGY PARTNERS LP	8,997,552	$188.9M	5.66%
3	TRGPTARGA RES CORP	3,069,838	$172.1M	5.16%
4	ETENERGY TRANSFER EQUITY L P	7,004,400	$135.3M	4.05%
5	MPLXMPLX LP	3,777,549	$130.8M	3.92%
6	—WILLIAMS PARTNERS L P NEW	3,389,376	$128.9M	3.86%
7	EPDENTERPRISE PRODS PARTNERS L	4,595,891	$124.3M	3.72%
8	—TESORO LOGISTICS LP	1,938,482	$98.5M	2.95%
9	—ENLINK MIDSTREAM PARTNERS LP	5,169,306	$95.2M	2.85%
10	—EQT MIDSTREAM PARTNERS LP	1,233,621	$94.6M	2.83%
11	SHLXUSDSHELL MIDSTREAM PARTNERS L P	3,235,548	$94.1M	2.82%
12	PAAPLAINS ALL AMERN PIPELINE L	2,671,651	$86.1M	2.58%	Call
13	—SEMGROUP CORP	1,905,295	$79.5M	2.38%
14	—ONEOK PARTNERS LP	1,743,271	$75.0M	2.25%
15	WMBWILLIAMS COS INC DEL	2,294,086	$71.4M	2.14%
16	WESWESTERN GAS PARTNERS LP	1,201,821	$70.6M	2.12%
17	—ENBRIDGE ENERGY PARTNERS L P	2,632,263	$67.1M	2.01%
18	SUNSUNOCO LOGISTICS PRTNRS L P	2,434,743	$58.5M	1.75%
19	WEPMAGELLAN MIDSTREAM PRTNRS LP	733,781	$55.5M	1.66%
20	OKEONEOK INC NEW	958,268	$55.0M	1.65%
21	—RICE MIDSTREAM PARTNERS LP	2,076,158	$51.0M	1.53%
22	—ENABLE MIDSTREAM PARTNERS LP	3,039,196	$47.8M	1.43%
23	—GOLAR LNG PARTNERS LP	1,908,050	$45.9M	1.37%
24	—AMERICAN MIDSTREAM PARTNERS	2,501,600	$45.5M	1.36%
25	DDOMINION MIDSTREAM PARTNERS	1,538,540	$45.5M	1.36%
26	GELGENESIS ENERGY L P	1,134,509	$40.9M	1.22%
27	NSUSDNUSTAR ENERGY LP	771,331	$38.4M	1.15%
28	—TALLGRASS ENERGY PARTNERS LP	808,450	$38.4M	1.15%
29	—PHILLIPS 66 PARTNERS LP	777,044	$37.8M	1.13%
30	PAGPPLAINS GP HLDGS L P	1,009,487	$35.0M	1.05%
31	—DCP MIDSTREAM PARTNERS LP	833,000	$32.0M	0.96%
32	—CRESTWOOD EQUITY PARTNERS LP	1,209,900	$30.9M	0.93%
33	GLNGGOLAR LNG LTD BERMUDA	1,308,496	$29.3M	0.88%	Call
34	LNGCHENIERE ENERGY INC	704,135	$29.2M	0.87%
35	0E41ENLINK MIDSTREAM LLC	1,502,932	$28.6M	0.86%
36	—VALERO ENERGY PARTNERS LP	644,406	$28.5M	0.85%
37	—ANTERO MIDSTREAM PARTNERS LP	923,653	$28.5M	0.85%
38	MPCMARATHON PETE CORP	539,495	$27.2M	0.81%
39	—GASLOG PARTNERS LP	1,318,018	$27.1M	0.81%
40	KMIKINDER MORGAN INC DEL	1,283,430	$26.6M	0.80%
41	—FAIRMOUNT SANTROL HLDGS INC	1,969,502	$23.2M	0.70%
42	—WESTERN GAS EQUITY PARTNERS	541,993	$23.0M	0.69%
43	—BLUEKNIGHT ENERGY PARTNERS L	3,247,695	$22.2M	0.67%
44	—SPECTRA ENERGY PARTNERS LP	444,200	$20.4M	0.61%
45	—EQT GP HLDGS LP	803,175	$20.2M	0.61%
46	SLCAU S SILICA HLDGS INC	351,063	$19.9M	0.60%
47	—VTTI ENERGY PARTNERS LP	1,147,594	$18.5M	0.56%
48	DOVDOVER CORP	241,250	$18.1M	0.54%
49	SPHSUBURBAN PROPANE PARTNERS L	585,204	$17.6M	0.53%
50	—RSP PERMIAN INC	361,193	$16.1M	0.48%
51	JECUSDJACOBS ENGR GROUP INC DEL	279,317	$15.9M	0.48%
52	SMSM ENERGY CO	477,558	$15.4M	0.46%	Call
53	—EXTRACTION OIL AND GAS INC	749,885	$15.0M	0.45%
54	RDS/AROYAL DUTCH SHELL PLC	198,200	$10.8M	0.32%
55	BPBP PLC	282,758	$10.6M	0.32%
56	UEOWESTLAKE CHEM CORP	179,597	$10.1M	0.30%
57	RICEEURRICE ENERGY INC	584,998	$9.9M	0.30%	Call
58	PSXPHILLIPS 66	111,029	$9.6M	0.29%
59	TKTEEKAY CORPORATION	988,499	$7.9M	0.24%
60	USX1UNITED STATES STL CORP NEW	230,353	$7.6M	0.23%
61	—SWIFT TRANSN CO	309,395	$7.5M	0.23%
62	—BUCKEYE PARTNERS L P	111,743	$7.4M	0.22%
63	—TALLGRASS ENERGY GP LP	269,352	$7.2M	0.22%
64	CVXCHEVRON CORP NEW	61,300	$7.2M	0.22%
65	HALHALLIBURTON CO	130,489	$7.1M	0.21%
66	OLNOLIN CORP	272,266	$7.0M	0.21%
67	TTENTOTAL S A	130,200	$6.6M	0.20%
68	—STATOIL ASA	360,900	$6.6M	0.20%
69	GRA1EURGRACE W R & CO DEL NEW	96,213	$6.5M	0.19%
70	CSXCSX CORP	180,009	$6.5M	0.19%
71	—WESTERN REFNG INC	170,000	$6.4M	0.19%
72	—NEWFIELD EXPL CO	186,664	$6.3M	0.19%	Call
73	UNPUNION PAC CORP	56,027	$5.8M	0.17%
74	—ENBRIDGE ENERGY MANAGEMENT L	212,308	$5.5M	0.16%
75	PEOEXELON CORP	140,000	$5.0M	0.15%
76	CVLGCOVENANT TRANSN GROUP INC	252,329	$4.9M	0.15%
77	XOMEXXON MOBIL CORP	53,400	$4.8M	0.14%
78	FLSFLOWSERVE CORP	99,125	$4.8M	0.14%
79	CDEVEURCENTENNIAL RESOURCE DEV INC	229,267	$4.5M	0.14%
80	—INDEPENDENCE CONTRACT DRIL I	669,273	$4.5M	0.13%
81	CQPCHENIERE ENERGY PARTNERS LP	150,000	$4.3M	0.13%
82	SUNSUNOCO LP	1,159,000	$4.1M	0.12%	Put
83	LYBLYONDELLBASELL INDUSTRIES N	45,440	$3.9M	0.12%
84	VMCVULCAN MATLS CO	27,194	$3.4M	0.10%
85	URIUNITED RENTALS INC	32,089	$3.4M	0.10%
86	—GASLOG LTD	208,490	$3.4M	0.10%
87	PBFPBF ENERGY INC	120,000	$3.3M	0.10%
88	PXDEURPIONEER NAT RES CO	18,496	$3.3M	0.10%
89	SRESEMPRA ENERGY	32,985	$3.3M	0.10%
90	RRCRANGE RES CORP	95,946	$3.3M	0.10%
91	OXYOCCIDENTAL PETE CORP DEL	46,100	$3.3M	0.10%
92	CPE3EURCALLON PETE CO DEL	210,072	$3.2M	0.10%
93	AXTAAXALTA COATING SYS LTD	117,881	$3.2M	0.10%
94	KEXKIRBY CORP	48,033	$3.2M	0.10%
95	DDOMINION RES INC VA NEW	40,705	$3.1M	0.09%
96	—KINDER MORGAN INC DEL	63,000	$3.1M	0.09%
97	APCANADARKO PETE CORP	42,800	$3.0M	0.09%
98	—MIDCOAST ENERGY PARTNERS L P	420,600	$3.0M	0.09%
99	EOGEOG RES INC	29,219	$3.0M	0.09%
100	SOSOUTHERN CO	60,000	$3.0M	0.09%

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