Cushing Corner

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 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 […]

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

Dallas, Texas (November 26, 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 September 15, 2019, Index constituents SemGroup Corporation (NYSE: SEMG) and Energy Transfer LP (NYSE: ET) entered into an Agreement and Plan of Merger (“Merger Agreement”) that would result in […]

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

Dallas, Texas (July 22, 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 May 7, 2019, Index constituents Andeavor Logistics LP (NYSE: ANDX) and MPLX LP (NYSE: MPLX) and related entities entered into an Agreement and Plan of Merger (“Merger Agreement”) that […]

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

Dallas, Texas (June 14, 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 June 21, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 24, […]

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

Dallas, Texas (April 30, 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”). 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 […]