Cushing Asset Management Sells $32 Million of Hess Midstream Despite Its Steady Income Profile
The Motley Fool
by newsfeedback@fool.com (Eric Trie)February 19, 2026
AI-Generated Deep Dive Summary
Cushing Asset Management has sold $32.28 million worth of Hess Midstream shares, reducing its stake to approximately 2.69% of its reportable assets under management by the end of 2025. This move comes despite Hess Midstream's reputation as a stable income generator in the energy sector. The sale, which involved 960,000 shares and was valued based on average unadjusted closing prices during the quarter, reflects changes in trading activity and stock price movements that resulted in a $33.24 million decrease in the position's value.
The decision to sell raises questions about Hess Midstream's long-term stability. Investors should closely monitor key metrics such as distribution coverage and debt levels to assess whether the company can maintain its steady income profile moving forward. These factors are critical for determining if Hess Midstream remains a reliable investment choice, especially in light of recent market dynamics.
For investors following Cushing Asset Management's strategy, this sale highlights the importance of actively managing portfolio holdings. The fund's actions suggest a strategic shift that could signal broader trends or concerns about Hess Midstream's performance. This development underscores the need for investors to stay vigilant and evaluate how such
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Originally published on The Motley Fool on 2/19/2026