Is NXG Cushing Midstream Energy Fund (SRV) a Buy, Sell, or Hold?
NYSE : SRV
NXG Cushing Midstream Energy Fund
$48.5 USD
$0.86 (1.81%)
- Volume
- 56.49K
- Average Volume
- 61.77K
- Market Capitalization
- $226.38M
- P/E Ratio
- 57.74
- Dividend Yield
- 15.75%
- Price Target
- Year High
- $51.54
- Year Low
- $38.11
- Day High
- —
- Day Low
- —
- Payout Ratio
- $6.30
- Current Ratio
- $0.74
| Source | Headline |
|---|---|
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SRV: The Double Discount Nobody Is Talking About
NXG Cushing Midstream Energy Fund is popular coverage-wise because of the impressive headline distribution, but very few discuss how the actual structure of this fund drives the returns. The SRV distribution rate is 16% based on the current price, but the more important driver is the interaction between the November 2025 rights offering and the discount to NAV. The investment thesis is buying a fund below NAV whose holdings also trade at discounts to their long-term levels, in a sector with a natural gas tailwind. seekingalpha.com - 2026-06-08 02:16:11 |
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NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces 11.1% Distribution Increase
DALLAS, June 2, 2026 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.50 per common share for each of June, July, and August 2026. These distributions reflect an 11.1% increase over the previous distributions of $0.45 per month. prnewswire.com - 2026-06-02 08:00:00 |
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SRV: Earn An Attractive Double-Digit Yield From This Midstream Fund Today
The NXG Cushing Midstream Energy Fund (SRV) offers an 11.43% yield, primarily investing in midstream energy common equities for high current income. SRV has consistently covered its distribution over the past three years, with net asset value up 37.52% despite high payouts. The fund is diversified across U.S. and Canadian midstream companies, limiting concentration risk and providing some foreign currency exposure. seekingalpha.com - 2026-06-01 16:50:40 |
