Cushing Corner

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® MLP Market Cap Index

Dallas, Texas (June 12, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP Market Cap 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 be effective […]

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap 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® MLP Market Cap 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) […]

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® MLP Market Cap Index

Dallas, Texas (March 13, 2020) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP Market Cap 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, and the following changes will […]

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

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

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap 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® MLP Market Cap 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 […]

Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap 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® MLP Market Cap 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 […]

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

Dallas, Texas (December 13, 2019) Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP Market Cap 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 […]

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

Dallas, Texas (July 22, 2019) Cushing® Asset Management, LP, and Swank Capital, LLC, and announce an upcoming interim change to the constituents of The Cushing® MLP Market Cap 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 […]