NXG Cushing Midstream Energy Fund (SRV)

NYSE: SRV · Real-Time Price · USD
45.70
0.00 (-0.01%)
Dec 6, 2024, 3:47 PM EST - Market closed
-0.01%
Market Value 133.40M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 2.92M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $5.40 (11.82%)
Ex-Dividend Date Nov 15, 2024
Volume 25,055
Open 46.05
Previous Close 45.70
Day's Range 45.52 - 46.05
52-Week Range 32.50 - 47.34
Beta 1.41
Analysts n/a
Price Target n/a
Earnings Date n/a

About SRV

NXG Cushing Midstream Energy Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. NXG Cushing Midstream Energy F... [Read more]

Sector Financials
Founded 2007
Country United States
Stock Exchange NYSE
Ticker Symbol SRV
Full Company Profile

News

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions

DALLAS , Dec. 2, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.45 per common share for each of December 2024 and January 202...

4 days ago - PRNewsWire

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering

DALLAS , Nov. 15, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer").  The Offer c...

21 days ago - PRNewsWire

SRV Rights Deadline And What Comes Next

The deadline to submit shares for the NXG Cushing Midstream Energy fund Rights Offering is Tuesday, Nov. 12, though brokerages may differ. If the NAV and common shares remained unchanged by the Nov. 1...

25 days ago - Seeking Alpha

Four Midstream Energy CEFs Now Offer Strong Total Return Potential

The energy sector, particularly midstream companies, is set to benefit from Trump's pro-oil and gas policies, boosting fossil fuel investments. Midstream companies like Energy Transfer are experiencin...

Other symbols: EMOETKYNLNGNMLTRGPWMB
27 days ago - Seeking Alpha

SRV: High Yielding Infrastructure Case That Has To Be Avoided

In the past year, I have been actively covering the midstream market with a focus on high and durable income plays. Many followers have shown an interest in SRV, which is a midstream infrastructure CE...

6 weeks ago - Seeking Alpha

SRV: Still Looking Like A Solid Midstream Investment

The NXG Cushing Midstream Energy Fund offers a high yield without tax complications, making it suitable for tax-advantaged retirement accounts. The fund's 11.48% yield is significantly higher than its...

6 weeks ago - Seeking Alpha

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering and Announces December Monthly Distribution

DALLAS , Oct. 10, 2024 /PRNewswire/ -- The board of trustees (the "Board") of NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") has approved the terms of the issuance of transferable rights ...

2 months ago - PRNewsWire

SRV: Increasing Leverage And Premium Valuation Are Both Concerns

NXG Cushing Midstream Energy Fund offers a high yield of 12.56%, making it attractive to investors seeking high yields. The fund has outperformed the Alerian MLP Index and S&P 500 Index over the past ...

4 months ago - Seeking Alpha

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces At-the-Market Offering Program

DALLAS , May 17, 2024 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") announced today that it has established an "at-the-market" offering program (the "Offer"), pursuant to...

7 months ago - PRNewsWire

SRV: Great Midstream Energy Fund With A High Yield, But Extremely Expensive

The NXG Cushing Midstream Energy Fund offers income-seeking investors exposure to midstream partnerships, which have outperformed the S&P 500 Index over the past three years. The fund delivers a high ...

7 months ago - Seeking Alpha

Investors' Choice: Roller Coaster Or Merry-Go-Round?

Achieving long-term "equity returns" generally requires holding tight through periods of volatility. The "roller coaster" experience is worth it, as Nobel Prize winners and other researchers have demo...

8 months ago - Seeking Alpha

SRV: Midstream Energy Is Driving Strong, Uncorrelated Returns, Now Yielding 15%

For investors interested in generating an income stream in retirement, an investment in midstream energy assets offers a relatively high yield with limited downside risk. My personal portfolio include...

10 months ago - Seeking Alpha

Equity CEFs: Owners Of SRV Take Notice

In the last Equity CEF Performances update on December 8th, I said we were headed for a boom-or-bust this week with CPI, PPI and the Federal Reserve decision on tap. And BOOM it was, after a more dovi...

1 year ago - Seeking Alpha

My 2023 Christmas Wish List And 2022 Wish List Results

I present my secret Santa list of Christmas wish list stocks for 2023 that I expect to outperform the market in 2024.

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: November 26, 2023

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Other symbols: BGRBTACUBADMBEMOEOTFCO
1 year ago - Seeking Alpha

SRV: Rights Offering Analysis

NXG Cushing Midstream Energy Fund is offering a transferable 1-for-3 rights offering, allowing investors to subscribe for new shares at a discount. The subscription price will be determined based on a...

1 year ago - Seeking Alpha

SRV: This 14.79%-Yielder Finally Looks Worthwhile

NXG Cushing Midstream Energy Fund is one of the few remaining closed-end funds available for midstream investors. The SRV CEF's recent performance has been disappointing, but that may be due to its pr...

1 year ago - Seeking Alpha

NXG Cushing® Midstream Energy Fund and NXG NextGen Infrastructure Income Fund Announce Officer and Portfolio Manager Changes

DALLAS , Oct. 9, 2023 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) and NXG NextGen Infrastructure Income Fund (NYSE: NXG), each a closed-end management investment company (the "Funds...

Other symbols: NXG
1 year ago - PRNewsWire

SRV: A Very Good 13%+ Yielding Fund, But Premium Valuation

Midstream partnerships are excellent income vehicles for retirees, but they are difficult to include in retirement accounts due to tax complications. NXG Cushing Midstream Energy Fund invests in a por...

1 year ago - Seeking Alpha

A Dozen Income Picks Yielding 12% Or More

I recommend several high-yield income-oriented investments, including business development companies (BDCs), real estate investment trusts (REITs), and a closed-end fund (CEF) that holds midstream ass...

Other symbols: AGNCEFCFSKGOFTRIN
1 year ago - Seeking Alpha

Midstream Energy For Income - Not Your Grandfather's MLP

MLPs have been generating steadily increasing cash flows over the past several decades, even during recessions. While the energy sector has outperformed for most of the past 3 years, YTD performance h...

1 year ago - Seeking Alpha

SRV: This Midstream Energy Fund Fights Inflation And Yields Over 16%

SRV trades at a -12% discount to NAV and offers a 16.5% yield based on a monthly distribution. The fund changed names after the employees of Cushing Asset Management bought out the company in 2022 and...

1 year ago - Seeking Alpha

Cushing® MLP & Infrastructure Total Return Fund Name Change Goes Into Effect

DALLAS , April 3, 2023 /PRNewswire/ -- The Cushing MLP & Infrastructure Total Return Fund (NYSE: SRV) (the "Fund") today announced that certain changes to the name of the Fund and the Fund's non-funda...

1 year ago - PRNewsWire

Weekly Closed-End Fund Roundup: March 12, 2023

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

1 year ago - Seeking Alpha

SRV: High Distribution Narrows Discount

Around six months ago, SRV raised its distribution by 200% to make it one of the highest 'yielding' CEFs. This caught the attention of some investors as their discount dropped by more than half shortl...

1 year ago - Seeking Alpha