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 (March 22, 2018) 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 March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018:

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

Company Name Ticker Index Weight Status
LyondellBasell Industries N.V. LYB 3.58% Existing
International Paper Company IP 3.43% Existing
ONEOK, Inc. OKE 3.41% Existing
The Williams Companies, Inc. WMB 3.31% Existing
Occidental Petroleum Corporation OXY 3.07% Existing
CF Industries Holdings, Inc. CF 3.04% Existing
Helmerich & Payne, Inc. HP 2.73% Existing
Exxon Mobil Corporation XOM 2.66% Existing
WestRock Company WRK 2.56% Existing
Air Products and Chemicals, Inc. APD 2.55% Existing
Chevron Corporation CVX 2.50% Existing
Nucor Corporation NUE 2.28% Existing
DowDuPont Inc. DWDP 2.20% Existing
Valero Energy Corporation VLO 2.16% Existing
Praxair, Inc. PX 2.11% Existing
Packaging Corporation of America PKG 2.08% Existing
Kinder Morgan, Inc. KMI 2.04% Existing
Eastman Chemical Company EMN 2.03% Existing
Alliance Holdings GP, L.P. AHGP 2.00% NEW
Alliance Resource Partners, L.P. ARLP 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Tallgrass Energy GP, LP TEGP 2.00% NEW
Sunoco LP SUN 2.00% NEW
Schlumberger N.V. (Schlumberger Limited) SLB 1.95% Existing
International Flavors & Fragrances Inc. IFF 1.95% Existing
Phillips 66 PSX 1.88% Existing
Apache Corporation APA 1.76% Existing
Monsanto Company MON 1.75% Existing
Marathon Petroleum Corporation MPC 1.64% Existing
Avery Dennison Corporation AVY 1.56% Existing
Baker Hughes, A GE Company BHGE 1.54% Existing
PPG Industries, Inc. PPG 1.52% Existing
Andeavor ANDV 1.50% Existing
Newmont Mining Corporation NEM 1.44% NEW
Sealed Air Corporation SEE 1.41% Existing
Albemarle Corporation ALB 1.35% Existing
ConocoPhillips COP 1.33% Existing
Hess Corporation HES 1.31% Existing
Ecolab Inc. ECL 1.16% Existing
TechnicFMC plc FTI 1.11% Existing
Anadarko Petroleum Corporation APC 1.09% NEW
Halliburton Company HAL 1.01% Existing

Constituents removed, effective April 2, 2018:

Company Name Ticker
Ball Corporation BLL
Buckeye Partners, L.P. BPL
CNX Midstream Partners LP CNXM
Enterprise Products Partners, L.P. EPD
Summit Midstream Partners, LP SMLP


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.