Cushing Corner

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

Dallas, Texas (October 28, 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 Constituent Changes to The Cushing® MLP High Income Index

Dallas, Texas (September 18, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce two upcoming interim changes to constituents of The Cushing® MLP High Income Index (the “Index”), as follows: 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: […]

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 a Constituent Change to The Cushing® MLP High Income Index

Dallas, Texas (June 8, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income 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 […]

Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index

Dallas, Texas (April 2, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the “Index”) as part of normal index operations. After the markets close on April 9, 2020, the 30 constituents of the Index will be rebalanced, and the following changes will become effective […]

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 Constituent Change to The Cushing® MLP High Income Index

Dallas, Texas (February 7, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income 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 […]

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

Dallas, Texas (January 23, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income 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 […]

Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index

Dallas, Texas (January 3, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the “Index”) as part of normal index operations. After the markets close on January 10, 2020, the 30 constituents of the Index will be rebalanced, and the following changes will become effective […]

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

Dallas, Texas (December 19, 2019) Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income 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 […]