COST: 765 $MM
DALLAS, July 22, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP 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 Merger ("Merger Agreement") that would result in ANDX common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the ANDX common units. On June 28, 2019, ANDX publicly announced that entities holding a majority of common units of ANDX have agreed to deliver written consents approving the Merger Agreement and, accordingly, the merger may be completed as soon as July 30, 2019. Per the Index's methodology guide, this event will result in a constituent replacement. Accordingly, after the market closes on July 29, 2019, and effective on July 30, 2019, TC PipeLines, LP (NYSE: TCP) will replace ANDX as a constituent of the Index at ANDX's then-current weight.
There will be no changes to the remaining constituents of the Index due to this event.
ABOUT THE CUSHING® 30 MLP INDEX
The Cushing® 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 "Midstream Company" and collectively, "Midstream Companies"). Constituents of the Index are selected by using a formula-based proprietary valuation model developed by Cushing® Asset Management, LP to rank Midstream Companies for potential inclusion in the Index. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "MLPX".
ABOUT CUSHING® ASSET MANAGEMENT AND SWANK CAPITAL
Cushing® Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts, providing active management in markets where inefficiencies exist.
Cushing is also dedicated to serving the needs of MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.
Contact:
Brian Atwood
214-692-6334
www.cushingasset.com
The Cushing® 30 MLP Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices") to calculate and maintain the Index. S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and, these trademarks have been licensed to S&P Dow Jones Indices. "Calculated by S&P Dow Jones Indices" and its related stylized mark(s) have been licensed for use by Swank Capital, LLC, and Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.
CUSH-MLPX
View original content:http://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-a-constituent-change-to-the-cushing-30-mlp-index-300888299.html
SOURCE Cushing Asset Management, LP; Swank Capital, LLC
DALLAS, July 5, 2019 /PRNewswire/ -- 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 July 12, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 15, 2019:
Constituents added:
Black Stone Minerals, L.P. (NYSE: BSM)
NuStar Energy L.P. (NYSE: NS)
TC PipeLines, LP (NYSE: TCP)
Constituents removed:
Plains All American Pipeline, L.P. (NYSE: PAA)
Plains GP Holdings, L.P. (NYSE: PAGP)
Enterprise Products Partners, L.P. (NYSE: EPD)
ABOUT THE CUSHING® MLP HIGH INCOME INDEX
The Cushing® MLP High Income Index provides a benchmark that is designed to track the performance of 30 higher-yielding publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a "Midstream Company" an collectively, "Midstream Companies"). Constituents are chosen according to a three-tiered proprietary weighting system developed by Cushing® Asset Management, LP. The Cushing® MLP High Income Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "MLPY".
ABOUT CUSHING® ASSET MANAGEMENT AND SWANK CAPITAL
Cushing® Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts which invest primarily in securities of Midstream Companies and other natural resource companies.
Cushing is also dedicated to serving the needs of MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.
For additional information contact:
Brian Atwood
214-692-6334
http://www.cushingasset.com
The Cushing® MLP High Income Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing® Asset Management, LP, which have contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices") to maintain and calculate the Index. S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed to S&P Dow Jones Indices. "Calculated by S&P Dow Jones Indices" and its related stylized mark(s) have been licensed for use by Cushing® Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones S&P nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.
CUSH-MLPY
View original content:http://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-mlp-high-income-index-300880015.html
SOURCE Cushing Asset Management, LP; Swank Capital, LLC
DALLAS, Aug. 1, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $15.0 billion as of June 30, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds.
Below is a full list of energy master limited partnership (MLP) positions, as of June 30, 2018, in products linked to the Alerian Index Series.
Ticker |
Exposure in |
Exposure in |
Ticker |
Exposure in |
Exposure in | |
AM |
305,257,484 |
10,340,701 |
HEP |
151,911,915 |
5,375,510 | |
AMGP |
1,164,270 |
61,732 |
MMP |
1,501,453,809 |
21,735,000 | |
ANDX |
446,822,576 |
10,506,056 |
MPLX |
1,162,174,520 |
34,041,433 | |
APU |
58,778,057 |
1,392,185 |
NBLX |
22,166,701 |
434,130 | |
ARLP |
25,591,033 |
1,394,607 |
NGL |
165,162,738 |
13,213,019 | |
BPL |
604,497,037 |
17,197,640 |
NS |
210,933,016 |
9,312,716 | |
BPMP |
20,189,424 |
961,859 |
NSH |
239,822 |
19,340 | |
BWP |
170,678,160 |
14,688,310 |
PAA |
1,177,071,579 |
49,791,522 | |
CEQP |
183,499,246 |
5,779,504 |
PAGP |
3,213,393 |
134,395 | |
CQP |
173,601,824 |
4,828,980 |
PSXP |
318,554,875 |
6,238,834 | |
CVRR |
20,028,626 |
896,135 |
RMP |
147,346,450 |
8,657,253 | |
DCP |
421,401,442 |
10,654,904 |
SEP |
341,382,494 |
9,638,128 | |
DM |
13,475,016 |
990,810 |
SHLX |
322,823,077 |
14,554,692 | |
EEP |
277,227,481 |
25,363,905 |
SMLP |
12,744,536 |
827,567 | |
ENBL |
176,973,526 |
10,343,280 |
SPH |
28,830,596 |
1,227,356 | |
ENLC |
853,859 |
51,906 |
SUN |
27,065,571 |
1,084,358 | |
ENLK |
303,905,691 |
19,568,943 |
TCP |
165,868,659 |
6,391,856 | |
EPD |
1,503,782,388 |
54,347,032 |
TEGP |
386,005,955 |
17,419,041 | |
EQGP |
355,540 |
15,123 |
TGP |
18,444,324 |
1,094,619 | |
EQM |
356,373,011 |
6,907,792 |
USAC |
16,751,289 |
995,323 | |
ETE |
6,023,303 |
349,177 |
VLP |
17,131,051 |
449,988 | |
ETP |
1,481,856,983 |
77,828,623 |
VNOM |
25,953,041 |
813,320 | |
GEL |
281,851,288 |
12,864,048 |
WES |
571,788,034 |
11,816,244 | |
GLOP |
14,609,467 |
612,556 |
WGP |
826,761 |
23,126 | |
GMLP |
15,169,006 |
981,178 |
WPZ |
1,218,967,796 |
30,031,234 | |
HCLP |
18,789,000 |
1,592,288 |
||||
About Alerian
Alerian equips investors to make informed decisions about energy infrastructure and Master Limited Partnerships (MLPs). Its benchmarks are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. As of June 30, 2018, over $15 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.
View original content:http://www.prnewswire.com/news-releases/alerian-reports-june-30-2018-index-linked-product-positions-300690263.html
SOURCE Alerian
DALLAS, Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds.
Below is a full list of energy master limited partnership (MLP) positions, as of December 31, 2017, in products linked to the Alerian Index Series.
Ticker |
Exposure in |
Exposure in |
Ticker |
Exposure in |
Exposure in | |
AM |
318,072,149 |
10,952,898 |
MMP |
1,644,568,414 |
23,182,526 | |
AMGP |
754,587 |
38,265 |
MPLX |
1,279,929,181 |
36,084,837 | |
ANDX |
516,099,522 |
11,173,404 |
NBLX |
21,404,873 |
428,097 | |
APU |
76,556,528 |
1,655,992 |
NGL |
195,952,022 |
13,946,763 | |
ARLP |
20,166,275 |
1,023,669 |
NS |
296,565,295 |
9,902,013 | |
BPL |
908,164,717 |
18,328,249 |
NSH |
236,356 |
15,055 | |
BWP |
201,509,203 |
15,608,769 |
PAA |
1,085,692,515 |
52,601,382 | |
CEQP |
30,317,020 |
1,175,078 |
PAGP |
3,567,709 |
162,538 | |
CQP |
30,774,953 |
1,038,291 |
PSXP |
303,822,210 |
5,803,672 | |
DCP |
411,714,791 |
11,332,639 |
RMP |
197,598,050 |
9,203,449 | |
DM |
186,044,367 |
6,109,831 |
SEP |
397,826,315 |
10,061,364 | |
EEP |
372,358,764 |
26,962,981 |
SHLX |
369,468,507 |
12,389,957 | |
ENBL |
30,305,242 |
2,131,170 |
SMLP |
20,113,987 |
981,170 | |
ENLC |
1,134,945 |
64,485 |
SPH |
35,347,307 |
1,459,426 | |
ENLK |
317,615,016 |
20,664,607 |
SUN |
36,559,156 |
1,287,294 | |
EPD |
1,672,410,145 |
63,086,011 |
TCP |
350,896,258 |
6,608,216 | |
EQGP |
315,059 |
11,712 |
TEGP |
1,533,669 |
59,583 | |
EQM |
536,502,790 |
7,339,299 |
TEP |
269,478,027 |
5,877,383 | |
ETE |
6,574,648 |
380,918 |
TGP |
26,220,374 |
1,301,259 | |
ETP |
1,669,396,449 |
93,158,284 |
VLP |
23,823,578 |
535,361 | |
GEL |
300,264,393 |
13,434,648 |
VNOM |
20,179,418 |
864,956 | |
GLOP |
17,814,465 |
719,776 |
WES |
604,184,334 |
12,563,617 | |
GMLP |
26,442,305 |
1,159,750 |
WGP |
664,201 |
17,874 | |
HEP |
168,157,229 |
5,175,661 |
WPZ |
1,231,920,496 |
31,766,903 |
About Alerian
Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. As of December 31, 2017, over $16 billion was directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.
View original content:http://www.prnewswire.com/news-releases/alerian-reports-december-31-2017-index-linked-product-positions-300602316.html
SOURCE Alerian
Alberta Carbon Grid (ACG) Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pembina Pipeline Corporation
TC Energy Corporation
Alberta XPress Pipeline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Bison XPress Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Northern Border Pipeline Company
TC Energy Corporation
Buckeye Xpress (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
CITGO Sour Lake Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Canadian Mainline Expansion (2019) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Canadian Mainline Tolling Option (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Central Mexico Refined Products Distribution Hub (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Grupo TMM SA
Sierra Oil & Gas
Collierville Expansion Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Continent to Coast Expansion (C2C) (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
East Lateral XPress (subscriber access)
Status: (subscriber access)
Parent Entities:
Columbia Gulf Transmission, LLC
TC Energy Corporation
El Encino - Topolobampo Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Transportadora de Gas Natural del Noroeste
Elwood Power/ANR Horsepower Replacement Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
ANR Pipeline Company
Energy East Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
GTN Xpress Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Gas Transmission Northwest LLC
Gibraltar Pipeline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Gillis Access Extension (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Gills Access Projcect (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Grand Chenier XPress Phase 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
ANR Pipeline Company
TC Energy Corporation
Grand Chenier XPress Phase 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
ANR Pipeline Company
TC Energy Corporation
Grand Rapids Pipeline Project Phase I (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Brion Energy
Grand Rapids Pipeline Project Phase II (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Brion Energy
Heartland Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
HoustonLink Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Magellan Midstream Partners LP
Iroquois ExC Project (Enhancement by Compression) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Iroquois Gas Transmission System, LP.
Keystone Hardisty Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Keystone Motiva Port Arthur Lateral (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Keystone Port Neches Lateral (TC Energy) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Keystone XL Crude Oil Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
King's North Connection Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Leach Xpress (subscriber access)
Status: (subscriber access)
Parent Entities:
Columbia Pipeline Group
TC Energy Corporation
Line 8000 Replacement Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
NGTL 2021 System Expansion Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
NGTL 2023 North Corridor System Expansion Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
NGTL Edson Mainline Expansion Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
North Montney Mainline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Northern Courier Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Ontario Pumped Storage Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
PNGTS Capacity Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
Portland XPress Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
Portland Xpress Project Phase 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
Prince Rupert Gas Transmission Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Saddle West Natural Gas Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Saint Sébastien Extension Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Southeast Gateway Pipeline (Mexico) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Comisión Federal de Electricidad
Sundre Crossover Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TC Energy Valhalla North and Berland River Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TC Terminals Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Texas - Tuxpan (Marine) Pipeline (Sur de Texas) (subscriber access)
Status: (subscriber access)
Parent Entities:
Infraestructura Marina del Golfo (IMG)
TC Energy Corporation
IEnova Infraestructura Energetica
Towerbirch Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TransCanada Eastern Mainline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TransCanada Merrick Mainline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TransCanada NGTL System Expansion (2021-2022) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
TransCanada NGTL System Upgrades (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Tula-Villa de Reyes Pipeline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Transportadora de Gas Natural de la Huasteca, S. de RL de CV
Tuscarora Xpress Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Tuscarora Gas Transmission Company
TC Energy Corporation
Tuxpan - Tula Pipeline (Tula Pipeline Project) (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Transportadora de Gas Natural de la Huasteca, S. de RL de CV
Tuxpan Refined Products Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Grupo TMM SA
Sierra Oil & Gas
Tuxpan Refined Products Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Grupo TMM SA
Sierra Oil & Gas
Tuxpan-Mayakan Natural Gas Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
VNBR NGTL System Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
VR Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Columbia Gas Transmission, LLC
TC Energy Corporation
Vaughan Mainline Expansion Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Ventura Express Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Virginia Reliability Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Columbia Gas Transmission, LLC
TC Energy Corporation
WR Project (subscriber access)
Status: (subscriber access)
Parent Entities:
ANR Pipeline Company
TC Energy Corporation
West Path Delivery Program (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Westbrook XPress (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
Westbrook XPress Phase 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
Westbrook XPress Phase 3 (subscriber access)
Status: (subscriber access)
Parent Entities:
Portland Natural Gas Transmission System
White Spruce Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Wisconsin Access Project (subscriber access)
Status: (subscriber access)
Parent Entities:
TC Energy Corporation
Subscribe now for access to Criterion Research's historical production and forecast production by company.
Subscribe now for access to Criterion Research's hedge and analysis.