Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Energy Supply Chain 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
Marathon Oil Corporation MRO
The Mosaic Company MOS
Sunoco LP SUN


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”.


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 https://www.cushingasset.com/indices.


Judson Redmond



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.