DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital,
LLC, and Cushing® Asset
Management, LP, announce today the upcoming rebalancing of The
Cushing® Energy Supply
Chain Index (the "Index") as part of normal index operations. After
the markets close on June 29, 2018, the constituents of the
Index will be rebalanced, and the following changes will become
effective on July 2, 2018:
Cushing® Energy
Supply Chain Index constituents, effective July 2, 2018:
|
Company
Name
|
Ticker
|
Index
Weight
|
Status
|
|
The Williams
Companies, Inc.
|
WMB
|
3.38%
|
Existing
|
|
LyondellBasell
Industries N.V.
|
LYB
|
3.37%
|
Existing
|
|
International Paper
Company
|
IP
|
3.25%
|
Existing
|
|
Kinder Morgan,
Inc.
|
KMI
|
3.15%
|
Existing
|
|
ONEOK,
Inc.
|
OKE
|
3.12%
|
Existing
|
|
Helmerich &
Payne, Inc.
|
HP
|
3.02%
|
Existing
|
|
Exxon Mobil
Corporation
|
XOM
|
2.80%
|
Existing
|
|
WestRock
Company
|
WRK
|
2.73%
|
Existing
|
|
Air Products and
Chemicals, Inc.
|
APD
|
2.59%
|
Existing
|
|
Occidental Petroleum
Corporation
|
OXY
|
2.54%
|
Existing
|
|
Packaging Corporation
of America
|
PKG
|
2.51%
|
Existing
|
|
CF Industries
Holdings, Inc.
|
CF
|
2.49%
|
Existing
|
|
Chevron
Corporation
|
CVX
|
2.46%
|
Existing
|
|
Nucor
Corporation
|
NUE
|
2.14%
|
Existing
|
|
DowDuPont
Inc.
|
DWDP
|
2.14%
|
Existing
|
|
Schlumberger N.V.
(Schlumberger Limited)
|
SLB
|
2.10%
|
Existing
|
|
International Flavors
& Fragrances Inc.
|
IFF
|
2.04%
|
Existing
|
|
Eastman Chemical
Company
|
EMN
|
2.01%
|
Existing
|
|
Alliance Resource
Partners, L.P.
|
ARLP
|
2.00%
|
Existing
|
|
EnLink Midstream
Partners, LP
|
ENLK
|
2.00%
|
Existing
|
|
Dominion Energy
Midstream Partners, LP
|
DM
|
2.00%
|
Existing
|
|
Andeavor Logistics
LP
|
ANDX
|
2.00%
|
Existing
|
|
DCP Midstream,
LP
|
DCP
|
2.00%
|
Existing
|
|
Western Gas Partners,
L.P.
|
WES
|
2.00%
|
Existing
|
|
Crestwood Equity
Partners LP
|
CEQP
|
2.00%
|
Existing
|
|
EQT Midstream
Partners, LP
|
EQM
|
2.00%
|
Existing
|
|
Enable Midstream
Partners, LP
|
ENBL
|
2.00%
|
Existing
|
|
Energy Transfer
Equity, L.P.
|
ETE
|
2.00%
|
Existing
|
|
MPLX LP
|
MPLX
|
2.00%
|
NEW
|
|
Energy Transfer
Partners, L.P.
|
ETP
|
2.00%
|
Existing
|
|
Praxair,
Inc.
|
PX
|
1.97%
|
Existing
|
|
Phillips
66
|
PSX
|
1.92%
|
Existing
|
|
Valero Energy
Corporation
|
VLO
|
1.90%
|
Existing
|
|
Avery Dennison
Corporation
|
AVY
|
1.90%
|
Existing
|
|
Marathon Petroleum
Corporation
|
MPC
|
1.71%
|
Existing
|
|
PPG Industries,
Inc.
|
PPG
|
1.58%
|
Existing
|
|
Apache
Corporation
|
APA
|
1.51%
|
Existing
|
|
Baker Hughes, A GE
Company
|
BHGE
|
1.50%
|
Existing
|
|
Newmont Mining
Corporation
|
NEM
|
1.37%
|
Existing
|
|
Albemarle
Corporation
|
ALB
|
1.35%
|
Existing
|
|
Sealed Air
Corporation
|
SEE
|
1.33%
|
Existing
|
|
HollyFrontier
Corporation
|
HFC
|
1.22%
|
NEW
|
|
Andeavor
|
ANDV
|
1.18%
|
Existing
|
|
ConocoPhillips
|
COP
|
1.16%
|
Existing
|
|
TechnicFMC
plc
|
FTI
|
1.15%
|
Existing
|
|
Freeport-McMoRan
Inc.
|
FCX
|
1.14%
|
Existing
|
|
Hess
Corporation
|
HES
|
1.10%
|
Existing
|
|
Halliburton
Company
|
HAL
|
1.08%
|
Existing
|
|
Ecolab
Inc.
|
ECL
|
1.06%
|
Existing
|
|
Ball
Corporation
|
BLL
|
1.03%
|
Existing
|
Constituents removed, effective July
2, 2018:
|
Company
Name
|
Ticker
|
|
Anadarko Petroleum
Corporation
|
APC
|
|
AmeriGas Partners,
L.P.
|
APU
|
ABOUT THE CUSHING®
ENERGY SUPPLY CHAIN INDEX
The Cushing® Energy
Supply Chain Index tracks the performance of widely held companies
engaged in exploration and production, refining and marketing, or
storage and transportation of oil, natural gas, coal and consumable
fuels; oil and natural gas equipment and services companies; and
companies that extract and/or manufacture materials. 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 "CSCI".
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 Index
(Bloomberg Ticker: CENI), 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
Supply Chain 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-CSCI
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC