Cushing® Asset Management, LP, which is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940 (“Cushing”) is a wholly-owned subsidiary of Swank Capital, LLC.
All information provided herein is for informational purposes only and should not be relied upon to make an investment decision. Past performance results relate only to the time periods indicated and are not at indication of, nor a reliable proxy for future performance. This presentation is neither an offer to sell nor a solicitation of any offer to buy any securities, investment products or investment advisory services. This information is not being provided in a fiduciary capacity and is not intended to recommend any investment policy or investment strategy or take into account the specific objectives or circumstances of any investor. The information contained in this document is the most recent information available to Cushing (except otherwise noted), however all of the information herein is subject to change without notice. Certain information included in this presentation is based on information obtained from sources considered to be reliable, however no representation may be made with respect to the accuracy or completeness of such data.
Investing in master limited partnerships (MLPs) involves risk. Principal loss is possible. There is a risk to the future viability of the ongoing operation of MLPs that return investor’s capital in the form of distributions. MLPs concentrate investments in the natural resource sector and are subject to the risks of energy prices and demand and the volatility of commodity investments. Damage to facilities and infrastructure of MLPs may significantly affect the value of an investment and may incur environmental costs and liabilities due to the nature of their business. MLPs are subject to significant regulation and may be adversely affected by changes in the regulatory environment. Investments in smaller companies involve additional risks such as limited liquidity and greater volatility. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. MLPs are subject to certain risks inherent in the structure of MLPs, including complex tax structure risks, the limited ability for election or removal of management, limited voting rights, potential dependence on parent companies or sponsors for revenues to satisfy obligations, and potential conflicts of interest between partners, members and affiliates.
Certain information contained in this presentation may constitute “forward-looking” statements, which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “estimate,” or “believe” or other variations thereof. Such statements reflect various assumptions by Cushing concerning anticipated trends or events, which may or may not occur. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements.
This presentation is not to be reproduced or redistributed to any other person without the prior consent of Cushing®.