Cushing Asset Management Sells $32 Million of Hess Midstream Despite Its Steady Income Profile

What happened According to a Securities and Exchange Commission (SEC) filing dated January 27, 2026, Cushing Asset Management sold 960,000 shares of Hess Midstream in the fourth quarter of 2025. The estimated transaction value was $32.28 million, based on the average unadjusted closing price during the quarter. The quarter-end value of the position decreased by $33.24 million, capturing both trading and stock price moves. What else to know The fund executed a sell, reducing its stake in Hess Midstream t ...