DALLAS, March 27, 2015 /PRNewswire/ -- Swank
Capital, LLC and Cushing® Asset Management, LP
announce today the upcoming rebalancing of The Cushing® Upstream Energy Income
Index (the "Index") as part of normal index operations. After the
markets close on April 2, 2015, the 25 constituents of the
Index will be rebalanced, and the following changes will become
effective on April 6, 2015.
Cushing® Upstream Energy Index
constituents effective April 6, 2015
|
Company
Name
|
Ticker
|
Index
Weight
|
Status
|
BreitBurn Energy
Partners L.P.
|
BBEP
|
7.50%
|
Existing
|
Linn Energy,
LLC
|
LINE
|
7.50%
|
Existing
|
Memorial Production
Partners LP
|
MEMP
|
7.50%
|
Existing
|
Vanguard Natural
Resources, LLC
|
VNR
|
7.50%
|
Existing
|
BP Prudhoe Bay
Royalty Trust
|
BPT
|
7.50%
|
Existing
|
Dorchester Minerals
LP
|
DMLP
|
6.45%
|
Existing
|
Legacy Reserves
LP
|
LGCY
|
6.43%
|
Existing
|
EV Energy Partners,
L.P.
|
EVEP
|
6.41%
|
Existing
|
Sabine Royalty
Trust
|
SBR
|
5.69%
|
Existing
|
San Juan Basin
Royalty Trust
|
SJT
|
5.46%
|
Existing
|
Atlas Resource
Partners, L.P.
|
ARP
|
4.83%
|
Existing
|
Permian Basin Royalty
Trust
|
PBT
|
3.99%
|
Existing
|
SandRidge Permian
Trust
|
PER
|
3.78%
|
Existing
|
Hugoton Royalty
Trust
|
HGT
|
2.50%
|
Existing
|
Eagle Rock Energy
Partners, L.P.
|
EROC
|
2.40%
|
Existing
|
Chesapeake Granite
Wash Trust
|
CHKR
|
2.13%
|
Existing
|
MV Oil
Trust
|
MVO
|
1.90%
|
Existing
|
SandRidge
Mississippian Trust II
|
SDR
|
1.84%
|
Existing
|
LRR Energy,
L.P.
|
LRE
|
1.47%
|
Existing
|
Mid-Con Energy
Partners, LP
|
MCEP
|
1.44%
|
Existing
|
Pacific Coast Oil
Trust
|
ROYT
|
1.30%
|
Existing
|
Cross Timbers Royalty
Trust
|
CRT
|
1.25%
|
Existing
|
SandRidge
Mississippian Trust I
|
SDT
|
1.25%
|
Existing
|
Enduro Royalty
Trust
|
NDRO
|
1.03%
|
Existing
|
Whiting USA Trust
II
|
WHZ
|
0.95%
|
NEW
|
Constituent
removed effective April 6, 2015
|
Company
Name
|
Ticker
|
New Source Energy
Partners L.P.
|
NSLP
|
ABOUT THE CUSHING®
UPSTREAM ENERGY INCOME INDEX
The Index is designed to track the performance of publicly
traded U.S. royalty trusts and upstream exploration and production
("Upstream") energy master limited partnerships ("MLPs"). The Index
is currently comprised of 25 U.S. royalty trusts and Upstream MLPs,
weighted on a float-adjusted market capitalization basis with the
weight of each constituent capped at 7.5% at rebalance. The Index
price level is calculated by S&P Dow Jones Indices while the
constituents are selected from the entire universe of publicly
traded U.S. royalty trusts and Upstream MLPs. The Index is quoted
under the Bloomberg ticker "CRTY" as well as on a total-return
basis, using end of day pricing, under the ticker "CRTYTR". For
more information about the Index, please visit:
www.swankcapital.com/the-cushing-indices.
ABOUT SWANK CAPITAL AND CUSHING® MLP ASSET MANAGEMENT
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 MLPs 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® MLP Market Cap Index
(Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index
(Bloomberg Ticker: MLPY) and The Cushing® 30 MLP Index (Bloomberg
Ticker: MLPX). For more information, please visit
www.swankcapital.com/the-cushing-indices.
The Cushing®
Upstream Energy Index (the "Index") is the exclusive property of
Cushing Asset Management, LP, which has 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 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.
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SOURCE Cushing® Asset Management, LP and Swank Capital, LLC