Company: SRV
Filing Date: 2025-05-22
Form Type: N-CSR/A
Source: 0001398344-25-010052
Chunk: 0

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-05-22
Form: N-CSR/A
Chunk 0
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<div align='center'>UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-CSR/A

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-22072

NXG Cushing Midstream Energy Fund
(Exact name of registrant as specified in charter)

4925 Greenville Avenue, Suite 1310

Dallas, TX 75206
(Address of principal executive offices) (Zip code)

John Musgrave

4925 Greenville Avenue, Suite 1310

Dallas, TX 75206
(Name and address of agent for service)

214-692-6334

Registrant’s telephone number, including area
code</div>

Date of fiscal year end: November 30

Date of reporting period: November 30, 2024

<div align='center'>EXPLANATORY NOTE</div>

The Registrant is filing this amendment to its Form N-CSR (the “Amendment”)
for the period ended November 30, 2024, originally filed with the Securities and Exchange Commission on February 10, 2025 (Accession Number
0001398344-25-002262) (the “Original Filing”). This Amendment is filed solely for the purpose of filing as an exhibit a Consent
of Independent Registered Public Accounting Firm. Except as set forth above (and the dates included on the signature page and the certifications
required by Rule 30a-2(a) and Rule 30a-2(b)), the Amendment does not amend, update or change any other information or disclosures contained
in the Original Filing and this Amendment does not reflect any events occurring after the Original Filing. Items 1 through 13 of this
Amendment to the Registrant’s Form N-CSR are incorporated by reference to the Original Filing.

Item 19. Exhibits.

| (a) | (1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant 
 intends to satisfy Item 2 requirements through filing an exhibit. Incorporated herein by reference to the Original Filing.               |

(2) Any policy required by the listing standards adopted pursuant
to Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities
association upon which the registrant’s