Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Index
DALLAS, Sept. 21, 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 September 28, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on October 1, 2018:
Cushing(R) Energy Index constituents, effective October 1, 2018: Company Name Ticker Index Weight Status --- The Williams Companies, Inc. WMB 6.00% Existing --- ONEOK, Inc. OKE 5.97% Existing --- Kinder Morgan, Inc. KMI 5.51% Existing --- Helmerich & Payne, Inc. HP 5.41% Existing --- Occidental Petroleum Corporation OXY 4.94% Existing --- Exxon Mobil Corporation XOM 4.87% Existing --- Chevron Corporation CVX 4.71% Existing --- Schlumberger N.V. (Schlumberger Limited) SLB 4.11% Existing --- Phillips 66 PSX 3.68% Existing --- Valero Energy Corporation VLO 3.67% Existing --- Marathon Petroleum Corporation MPC 2.87% Existing --- Baker Hughes, A GE Company BHGE 2.75% Existing --- Apache Corporation APA 2.68% Existing --- HollyFrontier Corporation HFC 2.53% Existing --- Halliburton Company HAL 2.26% Existing --- TechnicFMC plc FTI 2.11% Existing --- Energy Transfer Partners, L.P. ETP 2.00% Existing --- AmeriGas Partners, L.P. APU 2.00% NEW --- EnLink Midstream Partners, LP ENLK 2.00% Existing --- Western Gas Partners, L.P. WES 2.00% Existing --- Andeavor Logistics LP ANDX 2.00% Existing --- DCP Midstream, LP DCP 2.00% Existing --- Dominion Energy Midstream Partners, LP DM 2.00% Existing --- Enable Midstream Partners, LP ENBL 2.00% Existing --- EQT Midstream Partners, LP EQM 2.00% Existing --- MPLX LP MPLX 2.00% Existing --- Energy Transfer Equity, L.P. ETE 2.00% Existing --- Alliance Resource Partners, L.P. ARLP 2.00% Existing --- Andeavor ANDV 1.97% Existing --- Anadarko Petroleum Corporation APC 1.94% Existing --- ConocoPhillips COP 1.90% Existing --- Hess Corporation HES 1.81% Existing --- Noble Energy, Inc. NBL 1.80% Existing --- Cabot Oil & Gas Corporation COG 1.35% Existing --- Marathon Oil Corporation MRO 1.16% Existing ---
Constituents removed, effective October 1, 2018: Company Name Ticker --- Crestwood Equity Partners LP CEQP ---
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 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 (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