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

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

Dallas, Texas (December 26, 2014) Swank Capital, LLC and Cushing® Asset Management, LP announce today upcoming changes to the constituents of The Cushing® Upstream Energy Income Index (the “Index”) as part of normal index operations. After the markets close on January 2, 2015, the 25 constituents of the Index will be adjusted and rebalanced and the following changes will become effective on January 5, 2014.

Cushing® Upstream Energy Index constituents effective January 5, 2014

Company Name

Ticker

Index Weight

Status

BreitBurn Energy Partners L.P.

BBEP

7.50%

Existing

EV Energy Partners, L.P.

EVEP

7.50%

Existing

Linn Energy, LLC

LINE

7.50%

Existing

Memorial Production Partners LP

MEMP

7.50%

Existing

Vanguard Natural Resources, LLC

VNR

7.50%

Existing

BP Prudhoe Bay Royalty Trust

BPT

7.50%

Existing

Legacy Reserves LP

LGCY

6.89%

Existing

Dorchester Minerals LP

DMLP

6.39%

Existing

Atlas Resource Partners, L.P.

ARP

5.82%

Existing

San Juan Basin Royalty Trust

SJT

5.79%

Existing

Sabine Royalty Trust

SBR

5.03%

Existing

Permian Basin Royalty Trust

PBT

4.22%

Existing

Hugoton Royalty Trust

HGT

2.88%

Existing

SandRidge Permian Trust

PER

2.33%

Existing

Eagle Rock Energy Partners, L.P.

EROC

2.11%

Existing

Pacific Coast Oil Trust

ROYT

1.74%

Existing

SandRidge Mississippian Trust II

SDR

1.69%

Existing

MV Oil Trust

MVO

1.64%

Existing

Chesapeake Granite Wash Trust

CHKR

1.56%

Existing

LRR Energy, L.P.

LRE

1.55%

Existing

SandRidge Mississippian Trust I

SDT

1.18%

Existing

Enduro Royalty Trust

NDRO

1.12%

NEW

Cross Timbers Royalty Trust

CRT

1.08%

Existing

Mid-Con Energy Partners, LP

MCEP

1.03%

Existing

New Source Energy Partners L.P.

NSLP

0.96%

Existing

Constituent removed effective January 5, 2014

Company Name

Ticker

Whiting USA Trust II

WHZ

ABOUT THE CUSHING® UPSTREAM ENERGY INCOME INDEX

The Index is designed to track the performance of publicly traded U.S. royalty trusts and upstream exploration and production (“Upstream”) energy master limited partnerships (“MLPs”). The Index is currently comprised of 25 U.S. royalty trusts and Upstream MLPs, 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 U.S. royalty trusts and Upstream MLPs. The Index is quoted under the Bloomberg ticker “CRTY” as well as on a total-return basis, using end of day pricing, under the ticker “CRTYTR”. For more information about the Index, please visit: www.swankcapital.com/the-cushing-indices.

ABOUT SWANK CAPITAL AND CUSHING® MLP 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® MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker:  MLPY) and The Cushing® 30 MLP Index (Bloomberg Ticker:  MLPX). For more information, please visit www.swankcapital.com/the-cushing-indices.

Contact:
Shane Hopkins 214-692-6334
www.swankcapital.com

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

The Cushing® Upstream Energy Index (the “Index”) is the exclusive property of 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 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.