CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 13F: Cuts LNG Stake by $1.8M

Cushing Asset Management, LP dba NXG Investment Management trimmed its position in Cheniere Energy, Inc. (NYSE: LNG) by 6,700 shares in a filing on October 26, 2026. This reduction brings the fund's total holdings in the company to 331,100 shares, valued at approximately $89.1 million.

In its latest Form 13F filing with the SEC, Cushing Asset Management reported a total value of $1.42 billion across all its positions. The reduction in Cheniere Energy represents a 1.98% decrease from the previous stake of 337,800 shares. This stock now makes up about 6.29% of the fund's overall portfolio, ranking it third among the firm’s 73 holdings.

LNG Cheniere Energy, Inc.

$299.80 ▲ +52.65% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Cheniere Energy Fits in Cushing Asset Management's Portfolio

Cheniere Energy is a significant part of Cushing Asset Management's portfolio, accounting for 6.29% of its total reported value. The recent reduction in shares indicates a slight shift in the fund's strategy, although it still maintains a substantial stake in the company.

Other Institutional Activity in Cheniere Energy

Generate Investment Management reduced its holdings in Cheniere Energy by 50,000 shares, leaving it with no shares. Meanwhile, Canada Pension Plan Investment Board decreased its stake by 962,047 shares, now holding 3,112,696 shares valued at approximately $935.6 million. This activity reflects a trend of some funds trimming their positions in the energy sector.

Cheniere Energy, Inc. Stock Up 0.6%

Cheniere Energy shares closed at $300.59 on October 26, 2026, and traded recently around $300.61 as of October 27, 2026. The stock is currently above its 50-day moving average by 7.7% and its 200-day moving average by 18.3%. However, it remains slightly below its 52-week high of $302.45.

Recent Earnings

Cheniere Energy reported trailing twelve-month revenue of approximately $20.9 billion with a net margin of 13.9% and an EPS of $13.21. The company is set to announce its next earnings report on October 29, 2026, which will provide further insights into its financial health.

Dividend

Cheniere Energy pays an annual dividend rate of $2.22 per share, resulting in a yield of 0.74%. This payout ratio stands at 16.4%, indicating a sustainable dividend policy.

Insider Buying and Selling at Cheniere Energy, Inc.

Several insiders sold shares earlier this year, including Sean Nathaniel Markowitz, who sold 22,246 shares valued at approximately $6.5 million on March 26, 2026, and Anatol Feygin, who sold 40,432 shares worth about $11.8 million on the same day. These transactions occurred before the recent filing and may indicate a broader trend among insiders.

Analysts Set New Price Targets

On October 23, 2026, JP Morgan maintained its Overweight rating on Cheniere Energy, raising its price target to $344 from $334. Other firms, including RBC Capital and Scotiabank, also maintained their ratings, with targets of $319 and $312, respectively. The consensus recommendation remains a strong buy with a mean price target of $314.38 based on 21 analyst opinions.

About Cheniere Energy

Cheniere Energy, Inc. is an energy infrastructure company involved in liquefied natural gas (LNG) businesses in the U.S. It operates the Sabine Pass LNG terminal in Louisiana and the Corpus Christi LNG terminal in Texas. The company's performance is closely tied to LNG market dynamics and global energy demand.

Bottom Line

Investors should keep an eye on Cheniere Energy's upcoming earnings report on October 29, 2026, for further insights into its performance. Cushing Asset Management's recent move to trim its position may signal a shift in its investment strategy, though it still holds a significant stake in the company.