PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT's Holding History (CIK: 0001329375)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 47,000 Value ($000) $8,657 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 47,000 Value ($000) $9,570 Avg Close $191.42 Range $165.21 - $210.39

Q2 2025

Shares 30,000 Value ($000) $6,139 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 26,000 Value ($000) $4,437 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 26,000 Value ($000) $4,731 Avg Close $188.91 Range $164.13 - $207.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	47,000	$8,657	$201.75	$180.05 - $223.61
Q3 2025	47,000	$9,570	$191.42	$165.21 - $210.39
Q2 2025	30,000	$6,139	$185.70	$144.15 - $206.74
Q1 2025	26,000	$4,437	$184.92	$165.88 - $208.39
Q4 2024	26,000	$4,731	$188.91	$164.13 - $207.24