NXG Cushing Midstream Energy Fund


NXG Cushing Midstream Energy Fund

  • Price (USD)35.93
  • Today's Change0.22 / 0.62%
  • Shares traded11.41k
  • 1 Year change+0.50%
  • Beta1.4740
Data delayed at least 15 minutes, as of Jun 08 2023 20:52 BST.
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About the company

NXG Cushing Midstream Energy Fund, formerly The Cushing MLP & Infrastructure Total Return Fund, is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high after-tax total return from a combination of capital appreciation and current income. The Fund will pursue its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments. It considers midstream energy investments to be investments that offer economic exposure to securities of midstream energy companies, which are companies that provide midstream services in the energy infrastructure sector, including the gathering, transporting, processing, fractionation, storing, refining and distribution of natural resources, such as natural gas, natural gas liquids, biofuels, carbon sequestration and others. Its investment advisor is Cushing Asset Management, LP.

  • Revenue in USD (TTM)18.02m
  • Net income in USD18.04m
  • Incorporated2007
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Viveon Health Acquisition Corp0.00-5.29m75.43m----3.21-----0.4182-0.41820.003.420.00-------4.12---4.19-------------6.390.0309------211.22------
DTF Tax-Free Income 2028 Term Fund Inc-100.00bn-100.00bn75.64m0.00------------------------------------------------------------
Springwater Special Situations Corp0.001.66m75.66m--129.594.2475.31--0.07960.07960.002.430.00------1.70--1.73--------------0.0023------248.82------
United States 12 Month Oil Fund LP-23.59m-24.05m75.92m----14.65-----9.73-9.73-9.192.25-0.4079-------41.602.95-41.663.13--78.12--77.72----0.000.00407.34--362.06------
ALSP Orchid Acquisition I Corp0.001.45m76.21m--85.825.10----0.12290.12290.002.070.00------1.46--1.47--------------0.00------344.23------
Yotta Acquisition Corp0.00216.57k76.32m2.00727.211.37----0.01440.01440.007.600.00----0.000.3632--0.3736--------------0.0073------1,333.56------
Cetus Capital Acquisition Corp-100.00bn-100.00bn77.05m0.00--1.35----------7.58----------------------------0.00--------------
Arsenal Digital Holdings Inc0.00-1.69m77.81m-----------0.70-0.700.00-5.160.00-------2,130.34-1,782.59---------------16.15---------144.05------
NXG Cushing Midstream Energy Fund18.02m18.04m77.97m--4.320.8369--4.338.268.268.2542.670.151--7.17--15.125.5520.737.5995.9188.24100.1394.66----0.0728101.92-9.6563.85-25.96----1.43
Goldenstone Acquisition Ltd0.00-102.72k79.50m----1.39-----0.0135-0.01350.007.530.00-------0.3441---0.3465--------------0.00-------4,990.48------
OCA Acquisition Corp0.002.17m79.59m--151.872.59----0.06860.06860.004.020.00------2.25--2.32--------------0.0984------61.23------
HNR Acquisition Corp0.00-629.83k79.74m----1.44-----0.0542-0.05420.007.370.00-------0.699---0.7069--------------0.0054-------5,345.21------
DUET Acquisition Corp0.00122.13k80.08m--976.851.39----0.01080.01080.007.600.00------0.1376--0.1387--------------0.0058-------30,792.11------
Arogo Capital Acquisition Corp0.00221.93k80.31m3.00199.701.38----0.05260.05260.007.610.00------0.2085--0.2099--------------0.002-------393.12------
Data as of Jun 08 2023. Currency figures normalised to NXG Cushing Midstream Energy Fund's reporting currency: US Dollar USD

Institutional shareholders

23.78%Per cent of shares held by top holders
HolderShares% Held
Raymond James & Associates, Inc. (Invt Mgmt)as of 14 Apr 2023140.32k6.43%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2023125.98k5.77%
Saba Capital Management LPas of 14 Apr 202395.80k4.39%
1607 Capital Partners LLCas of 31 Mar 202351.17k2.34%
LPL Financial LLCas of 31 Mar 202327.85k1.28%
RBC Capital Markets LLC (Investment Management)as of 31 Mar 202326.18k1.20%
Kayne Anderson Capital Advisors LPas of 31 Mar 202317.50k0.80%
Wells Fargo Clearing Services LLCas of 31 Mar 202315.16k0.70%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Mar 202310.90k0.50%
SeaCrest Wealth Management LLCas of 31 Mar 20238.31k0.38%
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Data from 31 Mar 2023 - 31 Mar 2023Source: FactSet Research Systems Inc.
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