Atmos Energy, Xcel Energy Will Join Dow Jones Utility Average
October 20 2020 - 7:15PM
Dow Jones News
By Stephen Nakrosis
Atmos Energy Corp. and Xcel Energy Inc. will join the Dow Jones
Utility Average prior to the opening of trade on Oct. 27, S&P
Dow Jones Indices said Tuesday.
Atmos is replacing CenterPoint Energy Inc., while Xcel will take
the place of NiSource, Inc.
"The index changes were prompted by DJUA constituent NextEra
Energy Inc.'s decision to split its stock 4:1," S&P Dow Jones
Indices said, adding that "the changes help diversify the index at
the Global Industry Classification Standard sub-industry group
level through the addition of a pure play gas utility while also
removing two companies with very low price weights in the
index."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 20, 2020 19:00 ET (23:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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