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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. NXG Cushing Midstream Energy Fund's selling, general, & admin. expense for the
six
months ended in Nov. 2025 was $0.93 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Nov. 2025 was $1.67 Mil.
NXG Cushing Midstream Energy Fund (NYSE:SRV) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
NXG Cushing Midstream Energy Fund Selling, General, & Admin. Expense Related Terms
NXG Cushing Midstream Energy Fund Selling, General, & Admin. Expense Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NXG Cushing Midstream Energy Fund Selling, General, & Admin. Expense Chart
SRV vs FTF, EIC, PSF: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NXG Cushing Midstream Energy Fund Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense falls into.
NXG Cushing Midstream Energy Fund Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.67 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Selling, General, & Admin. Expense of $1.67 Mil mean?
NXG Cushing Midstream Energy Fund (SRV) has a Selling, General, & Admin. Expense of $1.67 Mil as of Nov. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on NXG Cushing Midstream Energy Fund and its competitors.
Is NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense too high?
NXG Cushing Midstream Energy Fund's current Selling, General, & Admin. Expense is $1.67 Mil. Overall, NXG Cushing Midstream Energy Fund has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense compare to FTF and EIC?
NXG Cushing Midstream Energy Fund's Selling, General, & Admin. Expense of $1.67 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on NXG Cushing Midstream Energy Fund and its competitors. NXG Cushing Midstream Energy Fund's current Selling, General, & Admin. Expense is $1.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXG Cushing Midstream Energy Fund stock overvalued right now?
Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund (SRV) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.03, compared to a current price of $47.59 — trading 1080.9% above its estimated fair value. The current Selling, General, & Admin. Expense is $1.67 Mil. NXG Cushing Midstream Energy Fund's overall GF Score™ is 42/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For NXG Cushing Midstream Energy Fund (SRV), the current Selling, General, & Admin. Expense is $1.67 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NXG Cushing Midstream Energy Fund (SRV) Overvalued in 2026?
Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund stock appears to be overvalued.
The current stock price of $47.59 is trading 1080.9% above its estimated GF Value™ of $4.03.
GuruFocus considers NXG Cushing Midstream Energy Fund to be Significantly Overvalued.
Key valuation signals for SRV:
Selling, General, & Admin. Expense: $1.67 Mil
GF Value™: $4.03 vs. price of $47.59 (1080.9% above fair value)
No single metric tells the full story. See the SRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NXG Cushing Midstream Energy Fund Business Description
NXG Cushing Midstream Energy Fund is a non-diversified, closed-end investment company. Its investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments.
42GF Score
Get the complete analysis for SRV
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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