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
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC