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NXG Cushing Midstream Energy Fund (NXG Cushing Midstream Energy Fund) 3-Year Book Growth Rate : 12.40% (As of Nov. 2023)


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What is NXG Cushing Midstream Energy Fund 3-Year Book Growth Rate?

NXG Cushing Midstream Energy Fund's Book Value per Share for the quarter that ended in Nov. 2023 was $38.81.

During the past 12 months, NXG Cushing Midstream Energy Fund's average Book Value per Share Growth Rate was -9.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of NXG Cushing Midstream Energy Fund was 12.40% per year. The lowest was -17.20% per year. And the median was -2.75% per year.


Competitive Comparison of NXG Cushing Midstream Energy Fund's 3-Year Book Growth Rate

For the Asset Management subindustry, NXG Cushing Midstream Energy Fund's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NXG Cushing Midstream Energy Fund's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NXG Cushing Midstream Energy Fund's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where NXG Cushing Midstream Energy Fund's 3-Year Book Growth Rate falls into.



NXG Cushing Midstream Energy Fund 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


NXG Cushing Midstream Energy Fund  (NYSE:SRV) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


NXG Cushing Midstream Energy Fund 3-Year Book Growth Rate Related Terms

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NXG Cushing Midstream Energy Fund (NXG Cushing Midstream Energy Fund) Business Description

Traded in Other Exchanges
N/A
Address
600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201
The Cushing MLP & Infrastructure Total Return Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets in a portfolio of infrastructure master limited partnerships (MLPs) and MLP-related investments.
Executives
Todd Sunderland other: Adviser COO 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John Alban officer: CFO/Treasurer and Interim CCO THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mark Rhodes officer: President 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
John M. Musgrave other: Portfolio Manager 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Blake Nelson officer: Chief Financial Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Brian R Bruce director 5945 GLENDOWER LANE, PLANO TX 75093
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mathew Calabro officer: Chief Compliance Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Saket Kumar other: Adviser Managing Partner 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline other: Trustee 5101 TENNYSON PARKWAY, PLANO TX 75024
Jerry V Swank officer: President and CEO 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Daniel L Spears other: Partner C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206