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NXG Cushing Midstream Energy Fund (NXG Cushing Midstream Energy Fund) Cash Flow from Financing : $0.29 Mil (TTM As of Nov. 2023)


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What is NXG Cushing Midstream Energy Fund Cash Flow from Financing?

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the six months ended in Nov. 2023, NXG Cushing Midstream Energy Fund paid $0.00 Mil more to buy back shares than it received from issuing new shares. It received $6.00 Mil from issuing more debt. It paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $5.81 Mil paying cash dividends to shareholders. It received $0.00 Mil on other financial activities. In all, NXG Cushing Midstream Energy Fund earned $0.19 Mil on financial activities for the six months ended in Nov. 2023.


NXG Cushing Midstream Energy Fund Cash Flow from Financing Historical Data

The historical data trend for NXG Cushing Midstream Energy Fund's Cash Flow from Financing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NXG Cushing Midstream Energy Fund Cash Flow from Financing Chart

NXG Cushing Midstream Energy Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash Flow from Financing
Get a 7-Day Free Trial -4.43 -20.52 16.66 -32.16 0.29

NXG Cushing Midstream Energy Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Cash Flow from Financing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.43 -20.33 -11.83 0.11 0.19

NXG Cushing Midstream Energy Fund Cash Flow from Financing Calculation

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

NXG Cushing Midstream Energy Fund's Cash from Financing for the fiscal year that ended in Nov. 2023 is calculated as:

NXG Cushing Midstream Energy Fund's Cash from Financing for the quarter that ended in Nov. 2023 is:


Cash Flow from Financing for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NXG Cushing Midstream Energy Fund  (NYSE:SRV) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

NXG Cushing Midstream Energy Fund's issuance of stock for the six months ended in Nov. 2023 was $0.00 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

NXG Cushing Midstream Energy Fund's repurchase of stock for the six months ended in Nov. 2023 was $0.00 Mil.

3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

NXG Cushing Midstream Energy Fund's net issuance of debt for the six months ended in Nov. 2023 was $6.00 Mil. NXG Cushing Midstream Energy Fund received $6.00 Mil from issuing more debt.

4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

NXG Cushing Midstream Energy Fund's net issuance of preferred for the six months ended in Nov. 2023 was $0.00 Mil. NXG Cushing Midstream Energy Fund paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

NXG Cushing Midstream Energy Fund's cash flow for dividends for the six months ended in Nov. 2023 was $-5.81 Mil. NXG Cushing Midstream Energy Fund spent $5.81 Mil paying cash dividends to shareholders.

6. Other Financing:
Money spent or earned by company from other financial activities.

NXG Cushing Midstream Energy Fund's other financing for the six months ended in Nov. 2023 was $0.00 Mil. NXG Cushing Midstream Energy Fund received $0.00 Mil on other financial activities.


NXG Cushing Midstream Energy Fund Cash Flow from Financing 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