CUSHING ASSET MANAGEMENT Trims Stake in Enterprise Products Partners

The investment firm reduced its holdings in the oil and gas producer by 10% in Q4 2025.

Apr. 19, 2026 at 11:27am

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An extreme close-up of industrial oil and gas machinery in muted metallic tones, conveying the physical and financial backbone of the energy industry.A filing reveals one of Enterprise Products Partners' major investors has trimmed its stake, hinting at broader market shifts in the energy sector.Houston Today

CUSHING ASSET MANAGEMENT LP, an investment firm doing business as NXG INVESTMENT MANAGEMENT, lowered its stake in shares of Enterprise Products Partners L.P. (NYSE: EPD) by 10.0% in the fourth quarter of 2025, according to a recent SEC filing. The fund now owns 1,792,500 shares of the oil and gas producer's stock, making it the 13th largest position in its portfolio.

Why it matters

Enterprise Products Partners is a major midstream energy company that operates an extensive network of pipelines, storage facilities, and export terminals across North America. Changes in ownership by large institutional investors can signal broader market sentiment and trends in the energy sector.

The details

CUSHING ASSET MANAGEMENT sold 200,000 shares of Enterprise Products Partners in Q4 2025, reducing its total stake to 1,792,500 shares. The firm's holdings now represent about 3.3% of Enterprise's outstanding shares. Other major institutional investors in Enterprise include Energy Income Partners LLC, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., and Berkley W R Corp.

  • CUSHING ASSET MANAGEMENT filed its Q4 2025 holdings with the SEC on April 19, 2026.

The players

CUSHING ASSET MANAGEMENT LP

An investment firm doing business as NXG INVESTMENT MANAGEMENT that owns a sizable stake in Enterprise Products Partners.

Enterprise Products Partners L.P.

A Houston-based master limited partnership that provides midstream energy services across North America, operating an extensive network of pipelines, storage facilities, and export terminals.

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The takeaway

This filing indicates that one of Enterprise Products Partners' larger institutional investors has reduced its position, potentially signaling a shift in market sentiment around the stock. However, the company remains majority-owned by institutional investors, suggesting ongoing confidence in its long-term prospects as a leading midstream energy infrastructure provider.