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      <repPdEnd>2026-11-30</repPdEnd>
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        <title>Plains GP Holdings LP</title>
        <cusip>72651A207</cusip>
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          <isin value="US72651A2078"/>
          <ticker value="PAGP"/>
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        <balance>700000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17045000.000000000000</valUSD>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Primoris Services Corp</name>
        <lei>549300UF3OLBJ8D5K349</lei>
        <title>Primoris Services Corp</title>
        <cusip>74164F103</cusip>
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          <isin value="US74164F1030"/>
          <ticker value="PRIM"/>
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        <balance>76000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9559280.000000000000</valUSD>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Select Water Solutions Inc</name>
        <lei>54930094OK8LA3QDW486</lei>
        <title>Select Water Solutions Inc</title>
        <cusip>81617J301</cusip>
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          <isin value="US81617J3014"/>
          <ticker value="WTTR"/>
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        <balance>100000.000000000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Talen Energy Corp</name>
        <lei>N/A</lei>
        <title>Talen Energy Corp</title>
        <cusip>87422Q109</cusip>
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          <isin value="US87422Q1094"/>
          <ticker value="TLN"/>
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        <balance>45000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17406000.000000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NRG Energy Inc</title>
        <cusip>N/A</cusip>
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          <ticker value="NRG 5 C148"/>
          <other otherDesc="BBGID" value="BBG021J9XJL4"/>
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        <curCd>USD</curCd>
        <valUSD>-53750.000000000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>NRG Energy Inc</issuerName>
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            <shareNo>100.000000000000</shareNo>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Talen Energy Corp</title>
        <cusip>N/A</cusip>
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          <ticker value="TLN 5 C410"/>
          <other otherDesc="BBGID" value="BBG021KJD8Q1"/>
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        <curCd>USD</curCd>
        <valUSD>-48000.000000000000</valUSD>
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        <assetCat>DE</assetCat>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>Talen Energy Corp</issuerName>
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      <invstOrSec>
        <name>Alliance Resource Partners LP</name>
        <lei>529900T4Q5UPWOUFG783</lei>
        <title>Alliance Resource Partners LP</title>
        <cusip>01877R108</cusip>
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          <isin value="US01877R1086"/>
          <ticker value="ARLP"/>
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        <balance>150000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3727500.000000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQT Corp</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp</title>
        <cusip>26884L109</cusip>
        <identifiers>
          <isin value="US26884L1098"/>
          <ticker value="EQT"/>
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        <balance>50000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2746500.000000000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MasTec Inc</name>
        <lei>549300TMDIT8WREDOF45</lei>
        <title>MasTec Inc</title>
        <cusip>576323109</cusip>
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          <isin value="US5763231090"/>
          <ticker value="MTZ"/>
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        <balance>24800.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9383576.000000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WaterBridge Infrastructure LLC</name>
        <lei>N/A</lei>
        <title>WaterBridge Infrastructure LLC</title>
        <cusip>940923105</cusip>
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          <isin value="US9409231050"/>
          <ticker value="WBI"/>
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        <balance>220000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6435000.000000000000</valUSD>
        <pctVal>2.0879258955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Constellation Energy Corp</title>
        <cusip>N/A</cusip>
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          <ticker value="CEG 5 C320"/>
          <other otherDesc="BBGID" value="BBG021J0G774"/>
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        <balance>-200.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1000.000000000000</valUSD>
        <pctVal>-0.0003244640</pctVal>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>Constellation Energy Corp</issuerName>
                <issueTitle>Constellation Energy Corp</issueTitle>
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            <shareNo>100.000000000000</shareNo>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Constellation Energy Corp</title>
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          <ticker value="CEG 5 C330"/>
          <other otherDesc="BBGID" value="BBG021J0G6M9"/>
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        <curCd>USD</curCd>
        <valUSD>-660.000000000000</valUSD>
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                <issuerName>Constellation Energy Corp</issuerName>
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        <name>TC Energy Corp</name>
        <lei>549300UGKOFV2IWJJG27</lei>
        <title>TC Energy Corp</title>
        <cusip>87807B107</cusip>
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          <isin value="CA87807B1076"/>
          <ticker value="TRP"/>
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        <balance>228000.000000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Williams Cos Inc/The</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos Inc/The</title>
        <cusip>969457100</cusip>
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          <isin value="US9694571004"/>
          <ticker value="WMB"/>
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        <balance>230000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc</title>
        <cusip>25746U109</cusip>
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          <isin value="US25746U1097"/>
          <ticker value="D"/>
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        <balance>37000.000000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>254900RHL9MEUS5NKX63</lei>
        <title>NextEra Energy Inc</title>
        <cusip>65339F101</cusip>
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          <isin value="US65339F1012"/>
          <ticker value="NEE"/>
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        <balance>15000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1305150.000000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <name>Solaris Energy Infrastructure</name>
        <lei>529900MTK3C8Y8TIIC10</lei>
        <title>Solaris Energy Infrastructure Inc</title>
        <cusip>83418M103</cusip>
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          <isin value="US83418M1036"/>
          <ticker value="SEI"/>
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        <valUSD>4172400.000000000000</valUSD>
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          <isCashCollateral>N</isCashCollateral>
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        <name>First American Government Obli</name>
        <lei>549300R5MYM6VZF1RM44</lei>
        <title>First American Government Obligations Fund</title>
        <cusip>31846V336</cusip>
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          <isin value="US31846V3362"/>
          <ticker value="FGXXX"/>
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        <balance>2779935.650000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2779935.650000000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marathon Petroleum Corp</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
        <title>Marathon Petroleum Corp</title>
        <cusip>56585A102</cusip>
        <identifiers>
          <isin value="US56585A1025"/>
          <ticker value="MPC"/>
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        <balance>25000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6219250.000000000000</valUSD>
        <pctVal>2.0179227856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc</title>
        <cusip>65339K860</cusip>
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          <isin value="US65339K8606"/>
          <ticker value="NEE"/>
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        <balance>81000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1876770.000000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Quanta Services Inc</name>
        <lei>SHVRXXEACT60MMH07S24</lei>
        <title>Quanta Services Inc</title>
        <cusip>74762E102</cusip>
        <identifiers>
          <isin value="US74762E1029"/>
          <ticker value="PWR"/>
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        <balance>13300.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9466009.000000000000</valUSD>
        <pctVal>3.0713792258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Solv Energy Inc</name>
        <lei>N/A</lei>
        <title>Solv Energy Inc</title>
        <cusip>78475V103</cusip>
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          <isin value="US78475V1035"/>
          <ticker value="MWH"/>
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        <balance>120000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4263600.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sunococorp LLC</name>
        <lei>529900W6BS3KGM2OOQ61</lei>
        <title>Sunococorp LLC</title>
        <cusip>86765Q106</cusip>
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          <isin value="US86765Q1067"/>
          <ticker value="SUNC"/>
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        <balance>188000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12283920.000000000000</valUSD>
        <pctVal>3.9856899248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Western Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Western Midstream Partners LP</title>
        <cusip>958669103</cusip>
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          <isin value="US9586691035"/>
          <ticker value="WES"/>
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        <balance>210000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9002700.000000000000</valUSD>
        <pctVal>2.9210521304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>IREN Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="IREN 5 C69"/>
          <other otherDesc="BBGID" value="BBG0224XC4S4"/>
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        <balance>-300.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-300.000000000000</valUSD>
        <pctVal>-0.0000973392</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CHICAGO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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              <otherRefInst>
                <issuerName>IREN Ltd</issuerName>
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                  <cusip value="N/A"/>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>15282.060000000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONEOK Inc</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK Inc</title>
        <cusip>682680103</cusip>
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          <isin value="US6826801036"/>
          <ticker value="OKE"/>
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        <balance>150000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12591000.000000000000</valUSD>
        <pctVal>4.0853263325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sterling Infrastructure Inc</name>
        <lei>549300RZIK6K1215XU51</lei>
        <title>Sterling Infrastructure Inc</title>
        <cusip>859241101</cusip>
        <identifiers>
          <isin value="US8592411016"/>
          <ticker value="STRL"/>
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        <balance>5000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4304200.000000000000</valUSD>
        <pctVal>1.3965579859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Vistra Corp</title>
        <cusip>N/A</cusip>
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          <ticker value="VST 5 C172.5"/>
          <other otherDesc="BBGID" value="BBG02270Y0X1"/>
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        <balance>-400.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-400.000000000000</valUSD>
        <pctVal>-0.0001297856</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Vistra Corp</issuerName>
                <issueTitle>Vistra Corp</issueTitle>
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                  <cusip value="92840M102"/>
                  <isin value="US92840M1027"/>
                  <ticker value="VST"/>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>28352.520000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cheniere Energy Inc</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
        <title>Cheniere Energy Inc</title>
        <cusip>16411R208</cusip>
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          <isin value="US16411R2085"/>
          <ticker value="LNG"/>
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        <balance>27000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6071220.000000000000</valUSD>
        <pctVal>1.9698923784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DigitalOcean Holdings Inc</name>
        <lei>549300EPISPY3RE3DL21</lei>
        <title>DigitalOcean Holdings Inc</title>
        <cusip>25402D102</cusip>
        <identifiers>
          <isin value="US25402D1028"/>
          <ticker value="DOCN"/>
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        <balance>33000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5146350.000000000000</valUSD>
        <pctVal>1.6698053508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EagleRock Land LLC</name>
        <lei>N/A</lei>
        <title>EagleRock Land LLC</title>
        <cusip>27005A105</cusip>
        <identifiers>
          <isin value="US27005A1051"/>
          <ticker value="EROK"/>
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        <balance>230000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5126700.000000000000</valUSD>
        <pctVal>1.6634296330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Bloom Energy Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BE 5 C400"/>
          <other otherDesc="BBGID" value="BBG02208FW80"/>
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        <balance>-250.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-250.000000000000</valUSD>
        <pctVal>-0.0000811160</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CHICAGO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Bloom Energy Corp</issuerName>
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                  <cusip value="093712107"/>
                  <isin value="US0937121079"/>
                  <ticker value="BE"/>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>6925.320000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IREN Ltd</name>
        <lei>254900FZF02RB3NNGB71</lei>
        <title>IREN Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU0000185993"/>
          <ticker value="IREN"/>
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        <balance>60000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3812400.000000000000</valUSD>
        <pctVal>1.2369865865</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DT Midstream Inc</name>
        <lei>N/A</lei>
        <title>DT Midstream Inc</title>
        <cusip>23345M107</cusip>
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          <isin value="US23345M1071"/>
          <ticker value="DTM"/>
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        <balance>114000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15957720.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dycom Industries Inc</name>
        <lei>549300F56EKTHQI3WT60</lei>
        <title>Dycom Industries Inc</title>
        <cusip>267475101</cusip>
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          <isin value="US2674751019"/>
          <ticker value="DY"/>
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        <balance>9000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4590000.000000000000</valUSD>
        <pctVal>1.4892897996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kinder Morgan Inc</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>Kinder Morgan Inc</title>
        <cusip>49456B101</cusip>
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          <isin value="US49456B1017"/>
          <ticker value="KMI"/>
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        <balance>325000.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10101000.000000000000</valUSD>
        <pctVal>3.2774109511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>IREN Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="IREN 5 C75"/>
          <other otherDesc="BBGID" value="BBG0223RXKG2"/>
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        <balance>-300.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-300.000000000000</valUSD>
        <pctVal>-0.0000973392</pctVal>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <shareNo>100.000000000000</shareNo>
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            <unrealizedAppr>4119.290000000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NRG Energy Inc</title>
        <cusip>N/A</cusip>
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          <ticker value="NRG 5 C152.5"/>
          <other otherDesc="BBGID" value="BBG021J9SY00"/>
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        <balance>-500.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-53750.000000000000</valUSD>
        <pctVal>-0.0174399405</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>NRG Energy Inc</issuerName>
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                  <cusip value="629377508"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>152.500000000000</exercisePrice>
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            <expDt>2026-05-29</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-48994.460000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Phillips 66</name>
        <lei>5493005JBO5YSIGK1814</lei>
        <title>Phillips 66</title>
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          <isin value="US7185461040"/>
          <ticker value="PSX"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TXO Partners LP</name>
        <lei>KWQMGYEOMKX7BT2PZF05</lei>
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        <cusip>87313P103</cusip>
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          <isin value="US87313P1030"/>
          <ticker value="TXO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Targa Resources Corp</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp</title>
        <cusip>87612G101</cusip>
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          <isin value="US87612G1013"/>
          <ticker value="TRGP"/>
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        <balance>79000.000000000000</balance>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Cipher Digital Inc</title>
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          <ticker value="CIFR 5 C27"/>
          <other otherDesc="BBGID" value="BBG0226PJ5R0"/>
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        <curCd>USD</curCd>
        <valUSD>-1500.000000000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NSDQOMX PHLX</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Cipher Digital Inc</issuerName>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DigitalOcean Holdings Inc</title>
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          <ticker value="DOCN 5 C182.5"/>
          <other otherDesc="BBGID" value="BBG0224NRQY4"/>
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        <balance>-150.000000000000</balance>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>DigitalOcean Holdings Inc</issuerName>
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            <shareNo>100.000000000000</shareNo>
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            <unrealizedAppr>-26476.440000000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="DOCN 5 C195"/>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>DigitalOcean Holdings Inc</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Talen Energy Corp</title>
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          <ticker value="TLN 5 C430"/>
          <other otherDesc="BBGID" value="BBG021KJD7H3"/>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Talen Energy Corp</issuerName>
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                  <cusip value="87422Q109"/>
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                  <ticker value="TLN"/>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-46105.740000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Cipher Digital Inc</name>
        <lei>254900QABG5HCQZ28A17</lei>
        <title>Cipher Digital Inc</title>
        <cusip>17253J106</cusip>
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          <isin value="US17253J1060"/>
          <ticker value="CIFR"/>
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        <balance>150000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3547500.000000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273V100</cusip>
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          <isin value="US29273V1008"/>
          <ticker value="ET"/>
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        <balance>1250000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23962500.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First American Treasury Obliga</name>
        <lei>549300UU586IAH2B8H03</lei>
        <title>First American Treasury Obligations Fund</title>
        <cusip>31846V328</cusip>
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          <isin value="US31846V3289"/>
          <ticker value="FXFXX"/>
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        <balance>2779935.640000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2779935.640000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Bloom Energy Corp</title>
        <cusip>N/A</cusip>
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          <ticker value="BE 5 C370"/>
          <other otherDesc="BBGID" value="BBG02208FYY7"/>
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        <balance>-250.000000000000</balance>
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        <valUSD>-250.000000000000</valUSD>
        <pctVal>-0.0000811160</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CHICAGO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Bloom Energy Corp</issuerName>
                <issueTitle>Bloom Energy Corp</issueTitle>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>28611.250000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-29</ncom:dateSigned>
      <ncom:nameOfApplicant>NXG Cushing Midstream Energy Fund</ncom:nameOfApplicant>
      <ncom:signature>/s/ Blake Nelson</ncom:signature>
      <ncom:signerName>Blake Nelson</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
