Equities

NXG Cushing Midstream Energy Fund

SRV:NYQ

NXG Cushing Midstream Energy Fund

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  • Price (USD)40.74
  • Today's Change1.46 / 3.72%
  • Shares traded16.48k
  • 1 Year change+24.66%
  • Beta1.3671
Data delayed at least 15 minutes, as of Apr 19 2024 21:10 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)4.36m
  • Net income in USD3.38m
  • 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)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Golden Arrow Merger Corp0.00-1.47m83.25m-----------0.0591-0.05910.00-1.540.00-------0.9858---1.01-----------------------114.90------
Integrated Rail and Rsurcs Acqstn Corp0.00-220.75k83.55m8.0090.322.68----0.12070.12070.004.070.00-------0.1445---0.1487--------------0.092------729.10------
Focus Impact BH3 Acquisition Co0.002.90m84.81m--49.602.6329.26--0.21210.21210.004.000.00------2.01--2.05--------------0.0126------161.69------
ARYA Sciences Acquisition Corp IV0.00-2.13m85.24m----3.49-----0.1327-0.13270.003.240.00-------2.22---2.45--------------0.0781-------299.85------
Horizon Space Acquisition I Corp0.002.91m85.53m--32.191.44----0.33930.33930.007.56----------------------------0.0043------2,448.36------
International Media Acquisition Corp0.00-783.76k85.76m----11.44-----0.0924-0.09240.000.99640.00-------3.64---4.32--------------0.2594--------------
NXG Cushing Midstream Energy Fund4.36m3.38m85.82m--25.541.01--19.681.541.542.0038.810.038--33.38--2.945.633.807.5771.3388.5977.4790.71----0.1855114.92-75.7913.84-81.274.77--4.49
MainStreetChamber Holdings Inc0.00-864.62k86.30m0.00---------0.0985-0.09850.00-0.06050.00-------4,093.26-863.98---------------4.42--------87.21------
Bite Acquisition Corp0.00-987.94k86.31m----3.42-----0.1139-0.11390.003.150.00-------3.22---3.50--------------0.0336-------199.61------
Bancroft Fund Ltd3.94m-3.03m86.56m----0.803--21.99-0.5321-0.53210.675523.490.0276--4.91---1.094.95-1.104.9769.4166.28-39.64242.76--0.5900.00202.0861.824.5093.98----1.99
ExcelFin Acquisition Corp0.00-3.29m87.07m----7.15-----0.5521-0.55210.001.530.00-------2.50---2.63--------------0.0962-------627.59------
Feutune Light Acquisition Corp-100.00bn-100.00bn87.21m--------------------------------------------------------------
Atlantic Coastal Acquisition Corp II0.004.29m87.96m--77.175.48----0.13960.13960.001.970.00------2.48--2.53--------------0.00------49,648.60------
TMT Acquisition Corp0.001.57m88.24m--56.211.4089.89--0.19290.19290.007.760.00------4.90--4.97--------------0.00------296,301.90------
Onyx Acquisition Co I0.00218.08k88.35m--1,109.7812.90827.28--0.010.010.000.86180.00------0.147--0.1496--------------0.1571-------89.36------
Roth CH Acquisition Co0.002.59m88.37m--33.894.0934.16--0.33140.33140.002.750.00------1.97--2.00--------------0.0306-------77.00------
Data as of Apr 19 2024. Currency figures normalised to NXG Cushing Midstream Energy Fund's reporting currency: US Dollar USD

Institutional shareholders

11.56%Per cent of shares held by top holders
HolderShares% Held
Sea Otter Advisors LLCas of 31 Dec 202369.72k3.19%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 202363.40k2.90%
LPL Financial LLCas of 31 Dec 202332.08k1.47%
Sit Investment Associates, Inc.as of 04 Apr 202423.73k1.09%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Dec 202316.03k0.73%
RBC Capital Markets LLC (Investment Management)as of 31 Dec 202312.29k0.56%
G1 Execution Services LLCas of 31 Dec 202312.08k0.55%
Virtu Americas LLCas of 31 Dec 202310.20k0.47%
Landscape Capital Management LLCas of 31 Dec 20236.52k0.30%
UBS Financial Services, Inc.as of 31 Dec 20236.37k0.29%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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