NXG NextGen Infrastructure Income Fund Common Shares of Beneficial Interest (NXG)

FairStock Score: 41/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what I can understand. NXG is not an operating company; it is a closed-end fund managed by Cushing MLP Asset Management that invests across the energy supply chain. At the close on 2026-10-13, it traded at $57.37 with a $314.0M market cap and a 12.55% dividend yield. The FairStock P/E is only 2.45, and the FairStock Graham Number is $182.10, implying a 68.50% margin of safety. On those two numbers alone, the price looks deeply discounted. But Graham taught me to demand financial strength and consistency, and here the evidence is thin. P/B, ROE, ROCE, D/E, revenue growth, and profit growth are all unavailable. The Piotroski F-Score is 1/9, and the Altman Z-Score is 1.13, both warning that quality and solvency are questionable. The FairStock Score is 41/100. NXG also has no Peter Lynch category because there are 0 years of filed results, versus the 3 needed. That means I cannot judge a multi-year earnings or distribution record. The 52-week range is $47.10 to $65.78. A 12.55% yield can be attractive, but without filed coverage data it may reflect high risk rather than dependable income. The low P/E and Graham discount could be real, but they might also be artifacts of fund accounting or a distribution policy I cannot verify. As a Buffett-style investor, I prefer an understandable business with durable competitive advantages and conservative finances. NXG offers an energy-infrastructure income mandate, but the missing data and weak health scores keep me from calling it a high-quality bargain. I would need several years of filed results to judge consistency and distribution safety.

In plain English: NXG is a closed-end fund that invests in energy infrastructure companies across the oil and gas supply chain. The business looks weak on the limited health measures provided, and much important financial data is missing. The price looks cheap based on some calculated value measures, but the poor quality signals mean that cheapness is not clearly dependable.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer