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

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
PG&E Corporation PCG
Sunoco LP SUN


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”.


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


Judson Redmond



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.