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

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 NGL

Western Midstream Partners, LP WES

Noble Midstream Partners LP NBLX

MPLX LP MPLX

BP Midstream Partners LP BPMP

Amcor plc AMCR

Corteva, Inc. CTVA

Constituents removed:

Antero Midstream Corporation AM

EQM Midstream Partners, LP EQM

Energy Transfer LP ET

NuStar Energy L.P. NS

Shell Midstream Partners, L.P. SHLX

Sealed Air Corporation SEE

Newmont Goldcorp Corporation NEM

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

Cision View original content:http://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-energy-supply-chain-index-corrected-300906463.html

SOURCE Cushing Asset Management, LP, and Swank Capital, LLC

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CommoditiesPress ReleasesBanking/Financial ServicesOilUtilities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!