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


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


DALLAS, Nov. 20, 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 November 29, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on December 2, 2019 :

Constituents added:
Energy Transfer LP (NYSE:ET)
Shell Midstream Partners, L.P. (NYSE:SHLX)
Sealed Air Corporation (NYSE:SEE)
Cabot Oil & Gas Corporation (NYSE:COG)

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Constituents removed:
NGL Energy Partners LP (NYSE:NGL)
BP Midstream Partners LP (NYSE:BPMP)

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


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


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 (NYSE:MLPX), The Cushing ® 30 MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing ® MLP High Income Index (NYSE:MLPY), The Cushing ® Energy Index (TICKER:CENI), The Cushing ® Transportation Index (TICKER:CTRI) and The Cushing ® Utility Index (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

 

View original content:http://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-energy-supply-chain-index-300961777.html

SOURCE Cushing® Asset Management, LP; Swank Capital, LLC


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CommoditiesPress ReleasesBanking/Financial ServicesOilUtilities