Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Utility Index

Dallas, Texas (December 22, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Utility Index (the “Index”) as part of normal index operations. After the markets close on December 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2018:

Cushing® Utility Index constituents, effective January 2, 2018:

Company Name Ticker Index Weight Status
SCANA Corporation SCG 4.81% Existing
PPL Corporation PPL 4.05% Existing
The AES Corporation AES 3.98% Existing
FirstEnergy Corp. FE 3.82% Existing
The Southern Company SO 3.77% Existing
Entergy Corporation ETR 3.60% Existing
Duke Energy Corporation DUK 3.42% Existing
Dominion Energy, Inc. D 3.36% Existing
CenterPoint Energy, Inc. CNP 3.21% Existing
Edison International EIX 2.87% Existing
Public Service Enterprise Group Inc. PEG 2.73% Existing
Exelon Corporation EXC 2.72% Existing
WEC Energy Group, Inc. WEC 2.72% Existing
American Electric Power Company, Inc. AEP 2.70% Existing
DTE Energy Company DTE 2.64% Existing
Consolidated Edison, Inc. ED 2.64% Existing
Pinnacle West Capital Corporation PNW 2.63% Existing
Ameren Corporation AEE 2.53% Existing
Eversource Energy ES 2.47% Existing
Xcel Energy Inc. XEL 2.41% Existing
Alliant Energy Corporation LNT 2.40% Existing
Sempra Energy SRE 2.38% Existing
CMS Energy Corporation CMS 2.29% Existing
NiSource Inc. NI 2.27% Existing
NextEra Energy, Inc. NEE 2.07% Existing
Alliance Resource Partners, L.P. ARLP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% NEW
Cone Midstream Partners LP CNNX 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% NEW
Enterprise Products Partners, L.P. EPD 2.00% NEW
Summit Midstream Partners, LP SMLP 2.00% NEW
American Water Works Company, Inc. AWK 1.51% Existing


Constituents removed, effective January 2, 2018:

Company Name Ticker
Alliance Holdings GP, L.P. AHGP
Boardwalk Pipeline Partners, L.P. BWP
MPLX LP MPLX
PG&E Corporation PCG
Sunoco LP SUN

ABOUT THE CUSHING® UTILITY INDEX

The Cushing® Utility Index tracks the performance of widely held companies engaged in electric, gas and water utility services 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 “CUTI”.

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® Energy Supply Chain Index (Bloomberg Ticker: CSCI) and The Cushing® Transportation Index (Bloomberg Ticker: CTRI). For more information, please visit http://www.cushingasset.com/indices.

Contact:

Judson Redmond

214-692-6334

www.cushingasset.com

Source: Cushing® Asset Management, LP, and Swank Capital, LLC

The Cushing® Utility 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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index

Dallas, Texas (December 22, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Transportation Index (the “Index”) as part of normal index operations. After the markets close on December 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2018:

Cushing® Transportation Index constituents, effective January 2, 2018:

Company Name Ticker Index Weight Status
United Parcel Service, Inc. UPS 6.00% Existing
Matson, Inc. MATX 6.00% Existing
Ryder System, Inc. R 6.00% Existing
Delta Air Lines, Inc. DAL 6.00% Existing
C.H. Robinson Worldwide, Inc. CHRW 6.00% Existing
Union Pacific Corporation UNP 6.00% Existing
Norfolk Southern Corporation NSC 6.00% Existing
Alaska Air Group, Inc. ALK 6.00% Existing
CSX Corporation CSX 5.34% Existing
Expeditors International of Washington, Inc. EXPD 4.82% Existing
Kansas City Southern KSU 4.81% Existing
J.B. Hunt Transport Services, Inc. JBHT 3.02% Existing
FedEx Corporation FDX 2.95% Existing
American Airlines Group Inc. AAL 2.85% Existing
Southwest Airlines Co. LUV 2.80% Existing
Alliance Resource Partners, L.P. ARLP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% NEW
Cone Midstream Partners LP CNNX 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% NEW
Enterprise Products Partners, L.P. EPD 2.00% NEW
Summit Midstream Partners, LP SMLP 2.00% NEW
Landstar System, Inc. LSTR 1.41% Existing

 

Constituents removed, effective January 2, 2018:

Company Name Ticker
Alliance Holdings GP, L.P. AHGP
Boardwalk Pipeline Partners, L.P. BWP
MPLX LP MPLX
Sunoco LP SUN

ABOUT THE CUSHING® TRANSPORTATION INDEX

The Cushing® 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”.

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® Energy Supply Chain Index (Bloomberg Ticker: CSCI) 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

Source: Cushing® Asset Management, LP, and Swank Capital, LLC

The Cushing® Transportation 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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Supply Chain Index

Dallas, Texas (December 22, 2017) 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 December 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2018:

Cushing® Energy Supply Chain Index constituents, effective January 2, 2018:

Company Name Ticker Index Weight Status
ONEOK, Inc. OKE 4.04% Existing
International Paper Company IP 3.37% Existing
LyondellBasell Industries N.V. LYB 3.37% Existing
Helmerich & Payne, Inc. HP 3.20% Existing
CF Industries Holdings, Inc. CF 3.02% Existing
Occidental Petroleum Corporation OXY 3.00% Existing
The Williams Companies, Inc. WMB 2.79% Existing
WestRock Company WRK 2.78% Existing
Exxon Mobil Corporation XOM 2.60% Existing
Chevron Corporation CVX 2.50% Existing
Eastman Chemical Company EMN 2.48% Existing
Nucor Corporation NUE 2.45% Existing
Air Products and Chemicals, Inc. APD 2.40% Existing
DowDuPont Inc. DWDP 2.19% Existing
Valero Energy Corporation VLO 2.17% Existing
Packaging Corporation of America PKG 2.17% Existing
Schlumberger N.V. (Schlumberger Limited) SLB 2.14% Existing
Praxair, Inc. PX 2.10% Existing
Alliance Resource Partners, L.P. ARLP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% NEW
Cone Midstream Partners LP CNNX 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% NEW
Enterprise Products Partners, L.P. EPD 2.00% NEW
Summit Midstream Partners, LP SMLP 2.00% NEW
Kinder Morgan, Inc. KMI 1.97% Existing
Phillips 66 PSX 1.94% Existing
Monsanto Company MON 1.93% Existing
International Flavors & Fragrances Inc. IFF 1.86% Existing
Marathon Petroleum Corporation MPC 1.70% Existing
Apache Corporation APA 1.69% Existing
Hess Corporation HES 1.59% Existing
PPG Industries, Inc. PPG 1.59% Existing
Avery Dennison Corporation AVY 1.59% Existing
Baker Hughes, A GE Company BHGE 1.54% Existing
Andeavor ANDV 1.49% Existing
ConocoPhillips COP 1.36% Existing
Sealed Air Corporation SEE 1.36% Existing
Ecolab Inc. ECL 1.26% Existing
TechnicFMC plc FTI 1.22% NEW
Ball Corporation BLL 1.08% NEW
Halliburton Company HAL 1.06% Existing
Albemarle Corporation ALB 1.00% NEW


Constituents removed, effective January 2, 2018:

Company Name Ticker
Alliance Holdings GP, L.P. AHGP
Boardwalk Pipeline Partners, L.P. BWP
MPLX LP MPLX
Marathon Oil Corporation MRO
The Mosaic Company MOS
Sunoco LP SUN

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

Source: Cushing® Asset Management, LP, and Swank Capital, LLC

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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Index

Dallas, Texas (December 22, 2017) 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 December 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2018:

Cushing® Energy Index constituents, effective January 2, 2018:

Company Name Ticker Index Weight Status
ONEOK, Inc. OKE 6.00% Existing
Helmerich & Payne, Inc. HP 6.00% Existing
Occidental Petroleum Corporation OXY 5.78% Existing
The Williams Companies, Inc. WMB 5.39% Existing
Exxon Mobil Corporation XOM 5.02% Existing
Chevron Corporation CVX 4.82% Existing
Valero Energy Corporation VLO 4.19% Existing
Schlumberger N.V. (Schlumberger Limited) SLB 4.14% Existing
Kinder Morgan, Inc. KMI 3.80% Existing
Phillips 66 PSX 3.75% Existing
Marathon Petroleum Corporation MPC 3.29% Existing
Apache Corporation APA 3.27% Existing
Hess Corporation HES 3.07% Existing
Baker Hughes, A GE Company BHGE 2.97% Existing
Andeavor ANDV 2.87% Existing
ConocoPhillips COP 2.64% Existing
TechnicFMC plc FTI 2.35% NEW
Halliburton Company HAL 2.05% Existing
Alliance Resource Partners, L.P. ARLP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% NEW
Cone Midstream Partners LP CNNX 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% NEW
Enterprise Products Partners, L.P. EPD 2.00% NEW
Summit Midstream Partners, LP SMLP 2.00% NEW
Noble Energy, Inc. NBL 1.94% Existing
Marathon Oil Corporation MRO 1.66% Existing
Cabot Oil & Gas Corporation COG 1.00% Existing

 

Constituents removed, effective January 2, 2018:

Company Name Ticker
Alliance Holdings GP, L.P. AHGP
Boardwalk Pipeline Partners, L.P. BWP
MPLX LP MPLX
Sunoco LP SUN

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 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 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

Source: Cushing® Asset Management, LP, and Swank Capital, LLC

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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

Dallas, Texas (December 8, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® MLP Market Cap Index (the “Index”) as part of normal index operations. After the markets close on December 15, 2017, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on December 18, 2017.

Cushing® MLP Market Cap Index constituents, effective December 18, 2017:

Company Name Ticker Index Weight Status
Enterprise Products Partners, L.P. EPD 7.50% Existing
Energy Transfer Equity, L.P. ETE 7.50% Existing
Energy Transfer Partners, L.P. ETP 7.50% Existing
Magellan Midstream Partners, L.P. MMP 7.50% Existing
MPLX LP MPLX 7.50% Existing
The Williams Companies, Inc. WMB 7.50% Existing
Buckeye Partners, L.P. BPL 6.18% Existing
EQT Midstream Partners, LP EQM 3.64% Existing
Andeavor Logistics LP ANDX 3.58% Existing
Western Gas Partners, L.P. WES 3.15% Existing
Spectra Energy Partners, LP SEP 2.97% Existing
DCP Midstream, LP DCP 2.85% Existing
AmeriGas Partners, L.P. APU 2.84% Existing
TC PipeLines, LP TCP 2.47% Existing
Shell Midstream Partners, L.P. SHLX 2.42% Existing
Antero Midstream Partners LP AM 2.26% Existing
EnLink Midstream Partners, LP ENLK 2.26% Existing
Phillips 66 Partners LP PSXP 2.23% Existing
NuStar Energy, L.P. NS 2.12% Existing
Enable Midstream Partners, LP ENBL 2.12% NEW
Tallgrass Energy Partners, LP TEP 1.86% Existing
Sunoco LP SUN 1.49% Existing
Boardwalk Pipeline Partners, L.P. BWP 1.48% Existing
Rice Midstream Partners LP RMP 1.41% Existing
Dominion Energy Midstream Partners, LP DM 1.40% Existing
Black Stone Minerals, L.P. BSM 1.30% NEW
NGL Energy Partners LP NGL 1.28% Existing
Holly Energy Partners, L.P. HEP 1.26% Existing
Antero Midstream GP LP AMGP 1.22% NEW
Tallgrass Energy GP, LP TEGP 1.21% Existing

Constituents removed, effective December 18, 2017:

Company Name Ticker
Crestwood Equity Partners LP CEQP
EnLink Midstream, LLC ENLC
Golar LNG Partners LP GMLP

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs). The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs. The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CMCI”.

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® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP Market Cap 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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

Dallas, Texas (December 8, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on December 15, 2017, the 30 constituents of the Index will be rebalanced, effective December 18, 2017, as follows. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on this date.

Cushing® 30 MLP Index constituents, effective December 18, 2017:

Company Name Ticker Index Weight Status
Alliance Holdings GP, L.P. AHGP 3.33% Existing
Alliance Resource Partners, L.P. ARLP 3.33% Existing
Andeavor Logistics LP ANDX 3.33% Existing
Antero Midstream Partners LP AM 3.33% Existing
Boardwalk Pipeline Partners, L.P. BWP 3.33% Existing
Buckeye Partners, L.P. BPL 3.33% Existing
Cone Midstream Partners LP CNNX 3.33% Existing
DCP Midstream, LP DCP 3.33% Existing
Dominion Energy Midstream Partners, LP DM 3.33% Existing
EQT Midstream Partners, LP EQM 3.33% Existing
EnLink Midstream Partners, LP ENLK 3.33% Existing
Energy Transfer Equity, L.P. ETE 3.33% Existing
Energy Transfer Partners, L.P. ETP 3.33% Existing
EnLink Midstream, LLC ENLC 3.33% Existing
Enterprise Products Partners, L.P. EPD 3.33% Existing
MPLX LP MPLX 3.33% Existing
Magellan Midstream Partners, L.P. MMP 3.33% Existing
NGL Energy Partners LP NGL 3.33% Existing
Noble Midstream Partners LP NBLX 3.33% Existing
NuStar Energy, L.P. NS 3.33% Existing
Phillips 66 Partners LP PSXP 3.33% Existing
Rice Midstream Partners LP RMP 3.33% Existing
Shell Midstream Partners, L.P. SHLX 3.33% Existing
Spectra Energy Partners, LP SEP 3.33% Existing
Summit Midstream Partners, LP SMLP 3.33% Existing
Sunoco LP SUN 3.33% Existing
Tallgrass Energy GP, LP TEGP 3.33% Existing
Tallgrass Energy Partners, LP TEP 3.33% Existing
Valero Energy Partners LP VLP 3.33% Existing
Western Gas Partners, L.P. WES 3.33% Existing

ABOUT THE CUSHING® 30 MLP INDEX

The Cushing® 30 MLP Index tracks the performance of 30 publicly traded MLP securities that hold midstream energy infrastructure assets in North America, chosen according to a formula-based proprietary valuation model developed by Cushing® Asset Management, LP to rank MLPs for potential inclusion in the Index. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “MLPX”.

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 Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® 30 MLP 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.

Swank Capital and Cushing® Asset Management Announce Updated Index Methodology Guides for The Cushing® 30 MLP Index, The Cushing® MLP Market Cap Index and The Cushing® MLP High Income Index

Dallas, Texas (November 17, 2017) Swank Capital, LLC and Cushing® Asset Management, LP announce the publication of updated Index Methodology Guides for The Cushing® 30 MLP Index, The Cushing® MLP Market Cap Index and The Cushing® MLP Market Cap Index (each an “Index” and collectively the “Indices”). In addition to language changes to enhance clarity and update references, three substantive process changes to Index methodology have been incorporated in the updated documents:

  1. Trading liquidity – average daily value traded of each constituent security candidate is now required to have been in excess of $2 million over the prior six months.
  2. Constituent replacement due to proposed merger or acquisition announcement – constituent replacement will now take place after the market closes on the first date on which a shareholder or unitholder (as applicable) meeting to vote on the transaction is scheduled for any company involved in the merger or acquisition, irrespective of the outcome of such vote or whether the meeting actually takes place.
  3. Constituent replacement due to dividend or distribution cut announcement – constituent replacement will now take place on the later of a) the ex-date or b) the last business day of the week, provided the business day is at least five business days after the date of the announcement.

The updated Index Methodology Guides will be applied prospectively beginning on November 17, 2017. The full Index Methodology Guides are available for review on the Cushing Indices website at http://www.cushingasset.com/indices.

ABOUT THE CUSHING® 30 MLP INDEX

The Cushing® 30 MLP Index tracks the performance of 30 publicly traded master limited partnership (MLP) securities that hold midstream energy infrastructure assets in North America, chosen according to a formula-based proprietary valuation model developed by Cushing® Asset Management, LP to rank MLPs for potential inclusion in the Index. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “MLPX”.

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held MLPs. The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs. The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CMCI”.

ABOUT THE CUSHING® MLP HIGH INCOME INDEX

The Cushing® MLP High Income Index provides a benchmark that is designed to track the performance of 30 publicly traded energy and shipping MLP securities with an emphasis on current yield. The securities are chosen for inclusion according to a three-tier proprietary weighting system developed by Cushing® Asset Management, LP. The Cushing® MLP High Income Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “MLPY”.

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 MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® 30 MLP Index, The Cushing® MLP Market Cap Index and The Cushing® MLP High Income Index (each an “Index” and collectively the “Indices”) are 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 Indices. 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 Swank Capital, LLC, and Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Indices and none shall be liable for any errors or omissions in calculating the Indices.

Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index

Dallas, Texas (October 26, 2017) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim constituent change to the constituents of The Cushing® MLP High Income Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the earlier of distribution ex-date or the last trading day of the current month. Due to the October 26, 2017, distribution cut announcement by Suburban Propane Partners, L.P. (NYSE: SPH), after the market closes on October 31, 2017, (the last trading day of the month) and effective on November 1, 2017, Phillips 66 Partners LP (NYSE: PSXP) will replace SPH as a constituent of the Index at SPH’s then-current weight.

There will be no changes to the remaining constituents of the Index.

ABOUT THE CUSHING® MLP HIGH INCOME INDEX

The Cushing® MLP High Income Index provides a benchmark that is designed to track the performance of 30 publicly traded energy and shipping master limited partnership (MLP) securities with an emphasis on current yield.  The securities are chosen for inclusion according to a three-tier proprietary weighting system developed by Cushing® Asset Management, LP. The Cushing® MLP High Income Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “MLPY”.

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 MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP Market Cap Index (Bloomberg Ticker: CMCI) ), The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source:  Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP High Income Index (the “Index”) is the exclusive property of Swank Capital, LLC and Cushing® Asset Management, LP, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to maintain and calculate 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 Swank Capital, LLC, and Cushing® Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones S&P nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP Market Cap Index

Dallas, Texas (October 26, 2017) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim constituent change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the earlier of distribution ex-date or the last trading day of the current month. Due to the October 26, 2017, distribution cut announcement by Suburban Propane Partners, L.P. (NYSE: SPH), after the market closes on October 31, 2017, (the last trading day of the month) and effective on November 1, 2017, Golar LNG Partners LP (NASDAQ: GMLP) will replace SPH as a constituent of the Index at SPH’s then-current weight.

There will be no changes to the remaining constituents of the Index.

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs). The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs.  The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CMCI”.

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 MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY) ), The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP Market Cap 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.

Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP Market Cap Index

Dallas, Texas (October 23, 2017) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim constituent change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the earlier of distribution ex-date or the last trading day of the current month. Due to the October 12, 2017, distribution cut announcement by Genesis Energy, L.P. (NYSE: GEL), after the market closes on October 30, 2017, (the distribution ex-date) and effective on October 31, 2017, NGL Energy Partners LP (NYSE: NGL) will replace GEL as a constituent of the Index at GEL’s then-current weight.

There will be no changes to the remaining constituents of the Index.

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs). The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs.  The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CMCI”.

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 MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY) ), The Cushing® Energy Index (Bloomberg Ticker: CENI), 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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP Market Cap 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.