{"id":503071,"date":"2021-06-11T09:08:21","date_gmt":"2021-06-11T13:08:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/"},"modified":"2021-06-11T09:08:21","modified_gmt":"2021-06-11T13:08:21","slug":"cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/","title":{"rendered":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p>\n        <span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">June 11, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Cushing<sup>\u00ae<\/sup> Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on June\u00a018,\u00a02021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on <span class=\"xn-chron\">June 21, 2021<\/span>:<\/p>\n<p>\n        <b>Constituents added:<br \/><\/b>Alliance Resource Partners, L.P. (NASDAQ: ARLP)<br \/>Cheniere Energy, Inc. (NYSE: LNG)<br \/>Oasis Midstream Partners LP (NASDAQ: OMP)<\/p>\n<p>\n        <b>Constituents Removed:<br \/><\/b>Delek Logistics Partners, LP (NYSE: DKL)<br \/>NGL Energy Partners LP (NYSE: NGL)<br \/>Suburban Propane Partners, L.P. (NYSE: SPH)<\/p>\n<p>ABOUT THE <span class=\"xn-location\">CUSHING<\/span><sup>\u00ae<\/sup> 30 MLP INDEX<\/p>\n<p>The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae <\/sup>30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a &#8220;Midstream Company&#8221; and collectively, &#8220;Midstream Companies&#8221;). Constituents of the Index are selected by using a formula-based proprietary valuation model developed by <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> Asset Management,\u00a0LP to rank Midstream Companies for potential inclusion in the Index. The Index price level is calculated by S&amp;P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker &#8220;MLPX&#8221;.<\/p>\n<p>ABOUT <span class=\"xn-location\">CUSHING<\/span><sup>\u00ae<\/sup> ASSET MANAGEMENT AND SWANK CAPITAL<\/p>\n<p>\n        <span class=\"xn-location\">Cushing<\/span><br \/>\n        <sup>\u00ae<\/sup> Asset Management, LP (&#8220;<span class=\"xn-location\">Cushing<\/span>&#8220;), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in <span class=\"xn-location\">Dallas, Texas<\/span>. <span class=\"xn-location\">Cushing<\/span> serves as investment adviser to affiliated funds and managed accounts, providing active management in markets where inefficiencies exist.<\/p>\n<p>\n        <span class=\"xn-location\">Cushing<\/span> is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae <\/sup>30 MLP Market Cap Index (Bloomberg Ticker:\u00a0CMCI) and The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> MLP High Income Index (Bloomberg Ticker: MLPY). For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3193290-2&amp;h=3608728552&amp;u=http%3A%2F%2Fwww.cushingasset.com%2Findices&amp;a=http%3A%2F%2Fwww.cushingasset.com%2Findices\" rel=\"nofollow noopener\">http:\/\/www.cushingasset.com\/indices<\/a>. <\/p>\n<p>Contact:<br \/><span class=\"xn-person\">Jon Abel<\/span><br \/>214-692-6334<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3193290-2&amp;h=1883966544&amp;u=http%3A%2F%2Fwww.cushingasset.com%2F&amp;a=www.cushingasset.com\" rel=\"nofollow noopener\">www.cushingasset.com<\/a><\/p>\n<p>The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> 30 MLP Index (the &#8220;Index&#8221;) is the property of Swank Capital, LLC, and Cushing Asset Management, LP, which have contracted with S&amp;P Opco, LLC (a subsidiary of S&amp;P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&amp;P Dow Jones Indices or its affiliates or its third party licensors (collectively, &#8220;S&amp;P Dow Jones Indices&#8221;). S&amp;P Dow Jones Indices will not be liable for any errors or omissions in calculating the Index. &#8220;Calculated by S&amp;P Dow Jones Indices&#8221; and the related stylized mark(s) are service marks of S&amp;P Dow Jones Indices and have been licensed for use by Cushing Asset Management, LP. S&amp;P<sup>\u00ae<\/sup> is a registered trademark of Standard &amp; Poor&#8217;s Financial Services LLC (&#8220;SPFS&#8221;), and Dow Jones<sup>\u00ae<\/sup> is a registered trademark of Dow Jones Trademark Holdings LLC (&#8220;Dow Jones&#8221;).<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA07971&amp;sd=2021-06-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-301310517.html\">http:\/\/www.prnewswire.com\/news-releases\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-301310517.html<\/a><\/p>\n<p>SOURCE  Cushing Asset Management, LP and Swank Capital, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA07971&amp;Transmission_Id=202106110902PR_NEWS_USPR_____DA07971&amp;DateId=20210611\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS, June 11, 2021 \/PRNewswire\/ &#8212;\u00a0Cushing\u00ae Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The Cushing\u00ae 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on June\u00a018,\u00a02021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 21, 2021: Constituents added:Alliance Resource Partners, L.P. (NASDAQ: ARLP)Cheniere Energy, Inc. (NYSE: LNG)Oasis Midstream Partners LP (NASDAQ: OMP) Constituents Removed:Delek Logistics Partners, LP (NYSE: DKL)NGL Energy Partners LP (NYSE: NGL)Suburban Propane Partners, L.P. (NYSE: SPH) ABOUT THE CUSHING\u00ae 30 MLP INDEX The Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-503071","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS, June 11, 2021 \/PRNewswire\/ &#8212;\u00a0Cushing\u00ae Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The Cushing\u00ae 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on June\u00a018,\u00a02021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 21, 2021: Constituents added:Alliance Resource Partners, L.P. (NASDAQ: ARLP)Cheniere Energy, Inc. (NYSE: LNG)Oasis Midstream Partners LP (NASDAQ: OMP) Constituents Removed:Delek Logistics Partners, LP (NYSE: DKL)NGL Energy Partners LP (NYSE: NGL)Suburban Propane Partners, L.P. (NYSE: SPH) ABOUT THE CUSHING\u00ae 30 MLP INDEX The Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP &hellip; Continue reading &quot;Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-11T13:08:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA07971&amp;sd=2021-06-11\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index\",\"datePublished\":\"2021-06-11T13:08:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/\"},\"wordCount\":473,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DA07971&amp;sd=2021-06-11\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\\\/\",\"name\":\"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - 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After the markets close on June\u00a018,\u00a02021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 21, 2021: Constituents added:Alliance Resource Partners, L.P. (NASDAQ: ARLP)Cheniere Energy, Inc. (NYSE: LNG)Oasis Midstream Partners LP (NASDAQ: OMP) Constituents Removed:Delek Logistics Partners, LP (NYSE: DKL)NGL Energy Partners LP (NYSE: NGL)Suburban Propane Partners, L.P. (NYSE: SPH) ABOUT THE CUSHING\u00ae 30 MLP INDEX The Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP &hellip; Continue reading \"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-11T13:08:21+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA07971&amp;sd=2021-06-11","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index","datePublished":"2021-06-11T13:08:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/"},"wordCount":473,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA07971&amp;sd=2021-06-11","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index\/","name":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - 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