Le Lézard
Classified in: Business

Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index


DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:

Constituents added:
NGL Energy Partners LP (NYSE: NGL)
Western Midstream Partners, LP (NYSE: WES)
Noble Midstream Partners LP (NYSE: NBLX)
MPLX LP (NYSE: MPLX)
BP Midstream Partners LP (NYSE: BPMP)
Amcor plc (NYSE: AMCR)
Corteva, Inc. (NYSE: CTVA)

Constituents removed:
Antero Midstream Corporation (NYSE: AM)
EQM Midstream Partners, LP (NYSE: EQM)
Energy Transfer LP (NYSE: ET)
NuStar Energy L.P. (NYSE: NS)
Shell Midstream Partners, L.P. (NYSE: SHLX)
Sealed Air Corporation (NYSE: SEE)

ABOUT THE CUSHING® ENERGY SUPPLY CHAIN INDEX

The Cushing® Energy Supply Chain Index tracks the performance of widely held companies engaged in exploration and production, refining and marketing, or storage and transportation of oil, natural gas, coal and consumable fuels; oil and natural gas equipment and services companies; and companies that extract and/or manufacture materials. Constituents of the Index are weighted based on current yield. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "CSCI".

ABOUT CUSHING® ASSET MANAGEMENT AND SWANK CAPITAL

Cushing® Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts, providing active management in markets where inefficiencies exist.

Cushing is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® 30 MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.

Contact:
Brian Atwood
214-692-6334
www.cushingasset.com

The Cushing® Energy Supply Chain Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices") to calculate and maintain the Index.  S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and, these trademarks have been licensed to S&P Dow Jones Indices. "Calculated by S&P Dow Jones Indices" and its related stylized mark(s) have been licensed for use by Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

CUSH-CSCI

SOURCE Cushing Asset Management, LP; Swank Capital, LLC


These press releases may also interest you

at 08:15
Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," or the "Company") , a leading investor in climate solutions, today announced that the Company will release its first quarter 2024 results after market close on Tuesday, May 7, 2024,...

at 08:12
The following issues have been halted by CIRO Company: Auka Capital Corp. TSX-Venture Symbol: AUK.P All Issues: Yes Reason: Pending News Halt Time (ET): 8:01 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 08:10
Farmers National Banc Corp. ("Farmers" or the "Company") reported net income of $11.2 million, or $0.30 per diluted share, for the three months ended March 31, 2024, compared to $7.1 million, or $0.19 per diluted share, for the three months ended...

at 08:10
Zevia PBC ("Zevia") today announced that it will release its financial results for the first quarter ended March 31, 2024 before the market open on Wednesday, May 8, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the...

at 08:10
OFS Capital Corporation ("OFS Capital"), a business development company, announced today that it will report its first quarter 2024 earnings results after the close of the stock market on Thursday, May 2, 2024. A conference call is scheduled for...

at 08:10
Amphenol Corporation today reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program. "We are pleased to have closed the first quarter of 2024 with sales and Adjusted Diluted...



News published on and distributed by: