Spirit Realty Capital Set to Join S&P MidCap 400; SM Energy to Join S&P SmallCap 600

NEW YORK, July 1, 2019 /PRNewswire/ -- Spirit Realty Capital Inc. (NYSE: SRC) will replace SM Energy Co. (NYSE: SM) in the S&P MidCap 400, and SM Energy will replace Multi-Color Corp. (NASD: LABL) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, July 9. Platinum Equity LLC is acquiring Multi-Color in a deal that closed today. SM Energy is ranked near the bottom of the S&P MidCap 400 and has a total market capitalization that is more representative of the small-cap market space.

Spirit Realty Capital is a net-lease REIT (Real Estate Investment Trust) that primarily invests in industrial, office and data center properties. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Retail REIT's Sub-Industry index.

SM Energy engages in the acquisition, exploration, development, and production of crude oil & condensate, natural gas, and natural gas liquids. Headquartered in Denver, CO, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.

Following is a summary of the changes:

                  
            
              S&P MIDCAP 400 INDEX - July 9, 2019

                                            ---

                    
            COMPANY           
            GICS ECONOMIC SECTOR 
          GICS SUB-INDUSTRY



         ADDED  
         Spirit Realty Capital         
            Real Estate       
           Retail REITs

     ---

        DELETED    
            SM Energy                 
            Energy            Oil & Gas Exploration &
                                                                                        Production

     ---

                 
         
                S&P SMALLCAP 600 INDEX - July 9, 2019

                                         ---

                     
         COMPANY         
              GICS ECONOMIC SECTOR   
         GICS SUB-INDUSTRY



          ADDED     
         SM Energy               
              Energy            Oil & Gas Exploration &
                                                                                       Production

     ---

         DELETED   
         Multi-Color            
              Industrials     
         Commercial Printing

     ---

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SOURCE S&P Dow Jones Indices