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

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DALLAS, Feb. 21, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on February 28, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on March 1, 2019:

Constituents added:
Genesis Energy, L.P. GEL
EnLink Midstream, LLC ENLC
Tallgrass Energy, LP TGE
Sunoco LP SUN

Constituents removed:
Alliance Resource Partners, L.P. ARLP
Andeavor Logistics LP ANDX
Crestwood Equity Partners LP CEQP
MPLX LP MPLX

ABOUT THE CUSHING® ENERGY INDEX

The Cushing® Energy Index tracks the performance of widely held companies engaged in exploration and production, refining and marketing, and storage and transportation of oil, natural gas, coal and consumable fuels, as well as oil and natural gas equipment and services companies. 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 "CENI".

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 which invest primarily in securities of midstream energy infrastructure companies and other natural resource companies.

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 Supply Chain Index CSCI, 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 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-CENI

 

SOURCE Cushing Asset Management, LP; Swank Capital, LLC

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Posted In: CommoditiesPress ReleasesBanking/Financial ServicesOilUtilities
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