More NGL>Cushing(R) Asset Management and Swank Capital Announce Rebalancing of The Cushing(R)Transportation Index
9:02 am ET May 23, 2019 (PR Newswire) Print
Cushing(R) Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing(R) Transportation Index (the "Index") as part of normal index operations. After the markets close on May 31, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on June 3, 2019:
Constituents added:Antero Midstream Corporation (NYSE: AM)BP Midstream Partners LP (NYSE: BPMP)****NGL Energy Partners LP (NYSE: NGL)****
Constituents removed:Energy Transfer LP (NYSE: ET)Shell Midstream Partners, L.P. (NYSE: SHLX)Sunoco LP (NYSE: SUN)
ABOUT THE CUSHING(R) TRANSPORTATION INDEX
The Cushing(R) Transportation Index tracks the performance of widely held companies engaged in road, rail, marine and air transportation of cargoes and passengers, as well as master limited partnerships (MLPs) engaged in storage and transportation of oil, natural gas, coal and consumable fuels. 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 "CTRI".
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