Cushing Corner

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

Dallas, Texas (March 9, 2018) Swank Capital, LLC, and Cushing® Asset Management, LP, 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 16, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become […]

Swank Capital and Cushing® Asset Management Announce Launch of ETN Tracking The Cushing® 30 MLP Index

Dallas, Texas (June 19, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today that JPMorgan Chase Financial Company LLC (JPMCFC) has launched an Exchange Traded Note (ETN) listed on NYSE Arca under the ticker symbol PPLN that is designed to track the performance of The Cushing® 30 MLP Index.  The ETNs are named the […]

Swank Capital and Cushing® Asset Management Announce The Cushing® Upstream Energy Income Index Termination

Dallas, Texas (May 24, 2017) Swank Capital, LLC, and Cushing Asset Management, LP, announce the forthcoming termination of the Cushing Upstream Energy Income Index (the “Index”). The decision to terminate the Index was based primarily upon the fact that the number of potential Index constituents has declined significantly since Index inception due to consolidations, bankruptcies […]

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

Dallas, Texas (January 6, 2017) Swank Capital, LLC and Cushing® Asset Management, LP 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 13, 2017, the 30 constituents of the Index will be rebalanced, and the following changes will become […]

Swank Capital and Cushing® Asset Management Announce a Special Rebalance of The Cushing® Upstream Energy Income Index

Dallas, Texas (July 13, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce today a special rebalance of The Cushing® Upstream Energy Income Index (the “Index”). Per the Index’s methodology guide, a constituent will be removed immediately upon being delisted from its primary market. The New York Stock Exchange (“NYSE”) announced on July 12, […]

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

Dallas, Texas (June 20, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Index constituent The Williams Companies, Inc. (NYSE: WMB) previously entered into an Agreement and Plan of Merger with Index constituent Energy Transfer Equity, L.P. (NYSE: ETE) and […]

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

Dallas, Texas (November 13, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announced an interim constituent change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Kinder Morgan, Inc. (NYSE: KMI) previously announced its intent to acquire Index constituents El Paso Pipeline Partners, L.P. (NYSE: EPB), Kinder Morgan Energy Partners, L.P. (NYSE:  KMP) and Kinder Morgan […]