Cushing Corner

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (September 18, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). On July 26, 2020, Index constituent CNX Midstream Partners LP (NYSE: CNXM) entered into an Agreement and Plan of Merger (“Merger Agreement”) with CNX Resources Corporation (NYSE: CNX) and affiliated companies […]

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

Dallas, Texas (September 11, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on September 18, 2020, the 30 constituents of the Index will be rebalanced, effective September 21, 2020. Although there will be changes to the constituent […]

Cushing® Asset Management and Swank Capital Announce Continued Suspension of Certain Provisions of the Methodology for The Cushing® Indices

Dallas, Texas (June 12, 2020) Cushing® Asset Management, LP (“Cushing”), and Swank Capital, LLC, announce the continuation of the temporary suspension of the provisions of the methodology for each of The Cushing® 30 MLP Index (MLPX), The Cushing® MLP Market Cap Index (CMCI) and The Cushing® MLP High Income Index (MLPY) (each an “Index” and collectively, the […]

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

Dallas, Texas (June 12, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on June 19, 2020, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 22, 2020: Constituents […]

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (June 8, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). On February 26, 2020, Index constituent EQM Midstream Partners, LP (NYSE: EQM) entered into an Agreement and Plan of Merger (“Merger Agreement”) with Equitrans Midstream Corporation (NYSE: ETRN) and affiliated companies […]

Cushing® Asset Management and Swank Capital Announce a Suspension of Certain Provisions of the Methodology for The Cushing® Indices

Dallas, Texas (March 27, 2020) Cushing® Asset Management, LP (“Cushing”), and Swank Capital, LLC, announce a temporary suspension of the provisions of the methodology for each of The Cushing® 30 MLP Index (MLPX), The Cushing® MLP Market Cap Index (CMCI) and The Cushing® MLP High Income Index (MLPY) (each an “Index” and collectively, the “Indices”) […]

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

Dallas, Texas (March 13, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on March 20, 2020, the 30 constituents of the Index will be rebalanced, effective March 23, 2020. Although there […]

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (January 23, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the […]

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (December 19, 2019) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). On December 17, 2019, Index constituent Tallgrass Energy, LP (NYSE: TGE) announced that, pursuant to a merger agreement with Blackstone Infrastructure Partners, it had agreed not to pay distributions during […]

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

Dallas, Texas (December 13, 2019) Cushing® Asset Management, LP, and Swank Capital, LLC, 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 20, 2019, the 30 constituents of the Index will be rebalanced, effective December 23, 2019. Although there will be changes […]