DALLAS, March 22, 2018 /PRNewswire/ -- Swank Capital,
LLC, and Cushing® Asset
Management, LP, announce today the upcoming rebalancing of The
Cushing® Energy Index
(the "Index") as part of normal index operations. After the markets
close on March 29, 2018, the constituents of the Index will be
rebalanced, and the following changes will become effective on
April 2, 2018:
Cushing® Energy
Index constituents, effective April 2,
2018:
Company
Name
|
Ticker
|
Index
Weight
|
Status
|
ONEOK,
Inc.
|
OKE
|
6.00%
|
Existing
|
The Williams
Companies, Inc.
|
WMB
|
6.00%
|
Existing
|
Occidental Petroleum
Corporation
|
OXY
|
5.74%
|
Existing
|
Helmerich &
Payne, Inc.
|
HP
|
5.11%
|
Existing
|
Exxon Mobil
Corporation
|
XOM
|
4.96%
|
Existing
|
Chevron
Corporation
|
CVX
|
4.66%
|
Existing
|
Valero Energy
Corporation
|
VLO
|
4.03%
|
Existing
|
Kinder Morgan,
Inc.
|
KMI
|
3.81%
|
Existing
|
Schlumberger N.V.
(Schlumberger Limited)
|
SLB
|
3.63%
|
Existing
|
Phillips
66
|
PSX
|
3.51%
|
Existing
|
Apache
Corporation
|
APA
|
3.28%
|
Existing
|
Marathon Petroleum
Corporation
|
MPC
|
3.07%
|
Existing
|
Baker Hughes, A GE
Company
|
BHGE
|
2.87%
|
Existing
|
Andeavor
|
ANDV
|
2.80%
|
Existing
|
ConocoPhillips
|
COP
|
2.48%
|
Existing
|
Hess
Corporation
|
HES
|
2.46%
|
Existing
|
TechnicFMC
plc
|
FTI
|
2.08%
|
Existing
|
Anadarko Petroleum
Corporation
|
APC
|
2.04%
|
NEW
|
Alliance Holdings GP,
L.P.
|
AHGP
|
2.00%
|
NEW
|
Alliance Resource
Partners, L.P.
|
ARLP
|
2.00%
|
Existing
|
EnLink Midstream
Partners, LP
|
ENLK
|
2.00%
|
Existing
|
Tallgrass Energy
Partners, LP
|
TEP
|
2.00%
|
Existing
|
DCP Midstream,
LP
|
DCP
|
2.00%
|
Existing
|
Andeavor Logistics
LP
|
ANDX
|
2.00%
|
Existing
|
Spectra Energy
Partners, LP
|
SEP
|
2.00%
|
Existing
|
Energy Transfer
Equity, L.P.
|
ETE
|
2.00%
|
Existing
|
Western Gas Partners,
L.P.
|
WES
|
2.00%
|
Existing
|
Tallgrass Energy GP,
LP
|
TEGP
|
2.00%
|
NEW
|
MPLX LP
|
MPLX
|
2.00%
|
NEW
|
Sunoco LP
|
SUN
|
2.00%
|
NEW
|
Halliburton
Company
|
HAL
|
1.89%
|
Existing
|
Noble Energy,
Inc.
|
NBL
|
1.63%
|
Existing
|
Marathon Oil
Corporation
|
MRO
|
1.56%
|
Existing
|
Devon Energy
Corporation
|
DVN
|
1.21%
|
NEW
|
Cabot Oil & Gas
Corporation
|
COG
|
1.18%
|
Existing
|
Constituents removed, effective April
2, 2018:
Company
Name
|
Ticker
|
Buckeye Partners,
L.P.
|
BPL
|
CNX Midstream
Partners LP
|
CNXM
|
Enterprise Products
Partners, L.P.
|
EPD
|
Summit Midstream
Partners, LP
|
SMLP
|
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 SWANK CAPITAL AND CUSHING® ASSET MANAGEMENT
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 MLPs 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 (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 Supply Chain
Index (Bloomberg Ticker: CSCI), 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:
Judson Redmond
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
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC