ConocoPhillips Company
Company Summary
Description
ConocoPhillips is on of the world’s largest independent exploration and production company's, based on proved reserves and production of liquids and natural gas.Website
http://www.conocophillips.com/who-we-are/our-compa...Operational Regions
- North Slope
- Prudhoe Bay
- Eagle Ford
- Gulf of Mexico
- Gulf Coast
- Permian Basin
- Barnett Shale
- Anadarko Basin
- Bakken
- Uinta Basin
- Niobrara Basin
- San Juan Basin
- SCOOP
- Oklahoma STACK Play
- Midcontinent
- Rockies
- Green River Basin
- Wind River Basin
- West Central Alberta Deep Basin
- Western Canadian Sedimentary Basin
- Athabasca Oil Sands
Financial Data:
NYSE:COP from Google FinanceTickers:
-
COP - New York Stock Exchange
Related Entities
- Alaska LNG Project, LLC
- Burlington Resources Oil & Gas Company
- Cenovus Energy Inc.
- ConocoPhillips Canada East Coast Partnership
- ConocoPhillips Skandinavia AS
- ConocoPhillips Transportation Alaska, Inc. (CPTAI)
- Conocophillips Canada Marketing & Trading Ulc
- Golden Pass LNG
- Golden Pass Pipeline LLC
- Kuparuk Transportation Company
Firm Transport Commitments
Project: Gulf Markets Expansion Phase II
Firm Commitment: 0
Recent news
- 3/19/2024 - ConocoPhillips CEO Calls... (subscriber access)
- 2/8/2024 - ConocoPhillips Reports... (subscriber access)
- 12/26/2023 - ConocoPhillips... (subscriber access)
- 12/11/2023 - Endeavor Energy Partners... (subscriber access)
- 11/29/2023 - Stranded Chinese LNG... (subscriber access)
Investor Presentations
- 4Q22 Earnings Deck
- 3Q22 Earnings Presentation (subscriber access)
- 1Q22 Earnings Presentation (subscriber access)
- 4Q21 Earnings Presentation (subscriber access)
- 3Q21 Investor Presentation (subscriber access)
- Presentation on Acquisition of Shell's Delaware Basin Assets (subscriber access)
- 2Q21 Earnings Presentation (subscriber access)
- 1Q21 Earnings Presentation (subscriber access)
- 3Q20 Earnings Presentation (subscriber access)
- ConocoPhillips & Concho Resources Transaction Announcement (subscriber access)
- 2Q20 Earnings Presentation (subscriber access)
- 4Q19 Investor Presentation (subscriber access)
- 2019 Investor Day Presentation (subscriber access)
- 1Q19 Earnings (subscriber access)
- Alaska Analyst & Investor Update (subscriber access)
- 1Q18 Supplemental Presentation (subscriber access)
- Fourth Quarter 2017 Earnings Slides (subscriber access)
- 2018-2020 Business Plan Presentation (subscriber access)
- 3Q17 Earnings Conference Call (subscriber access)
- 2Q17 Investor Presentation (subscriber access)
- 2Q17 Investor Presentation (subscriber access)
- 1Q17 Earnings Call Slides (subscriber access)
- April 13, 2017 San Juan Basin Asset Sale (subscriber access)
- March 29, 2017 Canada Transaction (subscriber access)
- 4Q16 Conference Call (subscriber access)
- 3Q16 Conference Call Slides (subscriber access)
- 2Q16 Conference Call (subscriber access)
- 1Q16 Earnings Supplemental xlsx (subscriber access)
- 1Q16 Earnings Supplemental (subscriber access)
- 1Q16 Earnings Update (subscriber access)
- Feb 2016 Investor Update (subscriber access)
Company Transactions
Date: 3/31/2022
Type: Acquisition
BUYERS:
ConocoPhillips Company
SELLERS:
Origin Energy
ASSETS:
Australia Pacific LNG Terminal
DETAILS:
COST: 1.645 $B
NOTES:
ConocoPhillips is exercising its right to purchase an additional 10% stake in Australia Pacific LNG from Origin Energy for $1.645 billion. They will fund the deal via cash on their balance sheet, and this boosts Conoco's stake in APLNG to 47.5%.
ConocoPhillips is exercising its right to purchase an additional 10% stake in Australia Pacific LNG from Origin Energy for $1.645 billion. They will fund the deal via cash on their balance sheet, and this boosts Conoco's stake in APLNG to 47.5%.
REGIONS:
Australia
Date: 2/15/2022
Type: Acquisition
BUYERS:
Medco Energi Internasional Tbk
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 1.355 $B
VOLUMES: 50 MBOE/d
NOTES:
ConocoPhillips has reached a deal to sell down all of its Indonesian assets for $1.355 billion to MedcoEnergy, with the deal closing in early-2022. This includes a 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest in the Transasia Pipeline Company.
ConocoPhillips has reached a deal to sell down all of its Indonesian assets for $1.355 billion to MedcoEnergy, with the deal closing in early-2022. This includes a 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest in the Transasia Pipeline Company.
REGIONS:
Asia
Date: 1/31/2022
Type: Acquisition
BUYERS:
Maverick Natural Resources
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 440 $MM
VOLUMES: 11 MBOE/d
ACRES: 144500 Acres
NOTES:
Maverick Natural Resources has signed a deal to acquire select Permian assets from ConocoPhillips for $440 million. The deal includes 11 Mboe/d (50% oil) in production across 144,500 net acres in Andrews (Texas), Ector (Texas), Eddy (N.M.), and Lea (N.M.) Counties.
Maverick Natural Resources has signed a deal to acquire select Permian assets from ConocoPhillips for $440 million. The deal includes 11 Mboe/d (50% oil) in production across 144,500 net acres in Andrews (Texas), Ector (Texas), Eddy (N.M.), and Lea (N.M.) Counties.
REGIONS:
Permian Basin
Date: 12/31/2021
Type: Acquisition
BUYERS:
ConocoPhillips Company
SELLERS:
Shell plc.
DETAILS:
COST: 9.5 $B
VOLUMES: 200 MBOE/d
ACRES: 225000 Acres
NOTES:
ConocoPhillips has signed a deal with Royal Dutch Shell to purchase their Permian Basin position for $9.5 billion in cash. The deal includes 225,000 net acres in Texas, and more than 600-miles of oil, gas and water pipelines.
ConocoPhillips has signed a deal with Royal Dutch Shell to purchase their Permian Basin position for $9.5 billion in cash. The deal includes 225,000 net acres in Texas, and more than 600-miles of oil, gas and water pipelines.
REGIONS:
Delaware Basin
Permian Basin
Date: 9/30/2021
Type: Acquisition
BUYERS:
Contango Oil & Gas Company
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 67 $MM
VOLUMES: 78 Mmcf/d
NOTES:
Contango Oil & Gas has entered into a deal to acquire conventional gas assets in the Wind River Basin of Wyoming from Conoco for $67 million. The assets produce approximately 78 Mmcf/d (100% gas) and will boost Contango's run-rate production by 57% in 3Q21. In total, they purchased 446 Bcfe in PDP reserves with cash, with closing targeted in 3Q21.
Contango Oil & Gas has entered into a deal to acquire conventional gas assets in the Wind River Basin of Wyoming from Conoco for $67 million. The assets produce approximately 78 Mmcf/d (100% gas) and will boost Contango's run-rate production by 57% in 3Q21. In total, they purchased 446 Bcfe in PDP reserves with cash, with closing targeted in 3Q21.
REGIONS:
Wind River Basin
Date: 3/31/2021
Type: Acquisition
BUYERS:
ConocoPhillips Company
SELLERS:
Concho Resources, Inc.
DETAILS:
COST: 9.7 $B
VOLUMES: 319 MBOE/d
ACRES: 800000 Acres
NOTES:
ConocoPhillips has entered into a deal to acquire Concho Resources via an all-stock transaction valued at $9.7 billion. Each share of Concho stock will be exchanged for 1.46 shares of ConocoPhillips common stock, which marks a 15% premium to Concho's closing price on October 13, 2020. The combined firm will see COP retain 79% ownership and Concho shareholders 21%.
ConocoPhillips has entered into a deal to acquire Concho Resources via an all-stock transaction valued at $9.7 billion. Each share of Concho stock will be exchanged for 1.46 shares of ConocoPhillips common stock, which marks a 15% premium to Concho's closing price on October 13, 2020. The combined firm will see COP retain 79% ownership and Concho shareholders 21%.
REGIONS:
Permian Basin
Date: 9/30/2020
Type: Acquisition
BUYERS:
ConocoPhillips Company
SELLERS:
Kelt Exploration Ltd
DETAILS:
COST: 375 $MM
VOLUMES: 15 MBOE/d
ACRES: 140000 Acres
NOTES:
The deal includes 140,000 net acres in the Inga-Fireweed zone, adjacent to COP's existing position. The assets hold an estimated 1 billion boe in resources and there is 15 Mboe/d in current production. Closing is targeted for the third quarter of 2020.
The deal includes 140,000 net acres in the Inga-Fireweed zone, adjacent to COP's existing position. The assets hold an estimated 1 billion boe in resources and there is 15 Mboe/d in current production. Closing is targeted for the third quarter of 2020.
REGIONS:
Montney Formation
Date: 3/30/2020
Type: Acquisition
NOTES:
ConocoPhillips agreed to sell its northern Australian business to Santos for $1.39 billion.
ConocoPhillips agreed to sell its northern Australian business to Santos for $1.39 billion.
REGIONS:
Australia
Date: 11/1/2019
Type: Acquisition
NOTES:
Conventional permian assets in the Waddell Ranch area
Conventional permian assets in the Waddell Ranch area
REGIONS:
Permian Basin
Date: 6/1/2019
Type: Acquisition
REGIONS:
Niobrara Basin
Date: 4/16/2019
Type: Acquisition
NOTES:
ConocoPhillips sold its 30% interest in the Greater Sunrise gas and condensate fields in the to the government of Timor-Leste for $350 million.
ConocoPhillips sold its 30% interest in the Greater Sunrise gas and condensate fields in the to the government of Timor-Leste for $350 million.
REGIONS:
Asia Pacific
Date: 3/31/2019
Type: Acquisition
NOTES:
ConocoPhillips entered an agreement to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for $350 million.
ConocoPhillips entered an agreement to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for $350 million.
REGIONS:
Asia
Date: 12/31/2018
Type: Acquisition
BUYERS:
Lime Rock Resources
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 230 $MM
VOLUMES: 9 MBOE/d
REGIONS:
Barnett Shale
Date: 12/18/2018
Type: Acquisition
NOTES:
ConocoPhillips has entered into a deal with BP to sell a 16.5% stake in the BP-operated Clair Field of the United Kingdom for an undisclosed price. COP will retain a 7.5% stake in that field. Concurrently, they have entered into a deal to acquire BP's 39.2% stake in the Greater Kuparuk Area of Alaska and BP's 38% stake in the Kuparuk Transportation Company. Both deals are conditional upon one another and will close simultaneously upon regulatory approval.
ConocoPhillips has entered into a deal with BP to sell a 16.5% stake in the BP-operated Clair Field of the United Kingdom for an undisclosed price. COP will retain a 7.5% stake in that field. Concurrently, they have entered into a deal to acquire BP's 39.2% stake in the Greater Kuparuk Area of Alaska and BP's 38% stake in the Kuparuk Transportation Company. Both deals are conditional upon one another and will close simultaneously upon regulatory approval.
REGIONS:
Alaska
Date: 12/18/2018
Type: Acquisition
NOTES:
ConocoPhillips has entered into a deal with BP to sell a 16.5% stake in the BP-operated Clair Field of the United Kingdom for an undisclosed price. COP will retain a 7.5% stake in that field. Concurrently, they have entered into a deal to acquire BP's 39.2% stake in the Greater Kuparuk Area of Alaska and BP's 38% stake in the Kuparuk Transportation Company. Both deals are conditional upon one another and will close simultaneously upon regulatory approval.
ConocoPhillips has entered into a deal with BP to sell a 16.5% stake in the BP-operated Clair Field of the United Kingdom for an undisclosed price. COP will retain a 7.5% stake in that field. Concurrently, they have entered into a deal to acquire BP's 39.2% stake in the Greater Kuparuk Area of Alaska and BP's 38% stake in the Kuparuk Transportation Company. Both deals are conditional upon one another and will close simultaneously upon regulatory approval.
REGIONS:
North Sea
Europe
Date: 6/4/2018
Type: Acquisition
BUYERS:
ConocoPhillips Company
SELLERS:
Anadarko Petroleum Corporation
ASSETS:
Alpine Pipeline
DETAILS:
COST: 400 $MM
VOLUMES: 13.86 MBOE/d
ACRES: 264000 Acres
NOTES:
ConocoPhillips has entered into a deal with Anadarko to acquire its 22% share of the Western North Slope of Alaska (1.2 million gross acres, 264,000 net) and interest in the Alpine Pipeline
ConocoPhillips has entered into a deal with Anadarko to acquire its 22% share of the Western North Slope of Alaska (1.2 million gross acres, 264,000 net) and interest in the Alpine Pipeline
REGIONS:
North Slope
Date: 4/3/2018
Type: Acquisition
NOTES:
ConocoPhillips reported that throughout the first quarter of 2018 they entered into or closed on agreements to divest $250 million in non-core assets. This included small acreage packages in the Permian Basin and undeveloped acreage in South Texas
ConocoPhillips reported that throughout the first quarter of 2018 they entered into or closed on agreements to divest $250 million in non-core assets. This included small acreage packages in the Permian Basin and undeveloped acreage in South Texas
REGIONS:
Permian Basin
Eagle Ford
Date: 4/3/2018
Type: Acquisition
REGIONS:
Montney Formation
Date: 2/28/2018
Type: Acquisition
NOTES:
ConocoPhillips reported that the acquisition of 245,000 net acres of early life-cycle acreage in the Lower 48. This primarily consisted of Austin Chalk acreage in central Louisiana and COP intends to begin drilling exploration wells in 2018.
ConocoPhillips reported that the acquisition of 245,000 net acres of early life-cycle acreage in the Lower 48. This primarily consisted of Austin Chalk acreage in central Louisiana and COP intends to begin drilling exploration wells in 2018.
REGIONS:
Austin Chalk
East Texas/Louisiana
Date: 2/5/2018
Type: Acquisition
NOTES:
Andeavor has reportedly acquired the Kenai LNG export facility in Alaska from ConocoPhillips. The facility, built in 1969, last operated in 2015 and was put up for sale in 2016.
Andeavor has reportedly acquired the Kenai LNG export facility in Alaska from ConocoPhillips. The facility, built in 1969, last operated in 2015 and was put up for sale in 2016.
REGIONS:
Alaska
Date: 1/1/2018
Type: Acquisition
NOTES:
ConocoPhillips entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor E&P for $2.7 billion. The assets sold contained a 2018 average production of 72 Mboe/d.
ConocoPhillips entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor E&P for $2.7 billion. The assets sold contained a 2018 average production of 72 Mboe/d.
REGIONS:
North Sea
Date: 9/30/2017
Type: Acquisition
NOTES:
Added 600,000 acres in Alaska via acquisitions throughout 2017
Added 600,000 acres in Alaska via acquisitions throughout 2017
REGIONS:
Alaska
Date: 8/15/2017
Type: Acquisition
BUYERS:
Miller Thomson & Partners, LLC
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 305 $MM
VOLUMES: 11 MBOE/d
NOTES:
ConocoPhillips has entered into a definitive agreement to sell its interests in the Barnett to an affiliate of Miller Thomson & Partners LLC for $305 million plus net customary adjustments
ConocoPhillips has entered into a definitive agreement to sell its interests in the Barnett to an affiliate of Miller Thomson & Partners LLC for $305 million plus net customary adjustments
REGIONS:
Barnett Shale
Date: 8/1/2017
Type: Acquisition
BUYERS:
Hilcorp Energy Company
SELLERS:
ConocoPhillips Company
DETAILS:
COST: 3 $B
VOLUMES: 124 MBOE/d
ACRES: 1300000 Acres
REGIONS:
San Juan Basin
Date: 5/18/2017
Type: Acquisition
BUYERS:
Cenovus Energy Inc.
SELLERS:
ConocoPhillips Company
ASSETS:
Foster Creek Oil Sands
Christina Lake Oil Sands
PROJECTS:
Narrows Lake Phase A
Foster Creek Phase G Expansion
Foster Creek Phase H
Foster Creek Phase J
Christina Lake Phase F
Christina Lake Phase G
DETAILS:
COST: 13.3 $B
VOLUMES: 280 MBOE/d
REGIONS:
Canada
Date: 12/31/2016
Type: Acquisition
NOTES:
The three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, had a net carrying value of approximately $285 million as of Sept. 30, 2016
The three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, had a net carrying value of approximately $285 million as of Sept. 30, 2016
REGIONS:
West Africa
Date: 5/12/2016
Type: Acquisition
REGIONS:
Bossier Shale
East Texas/Louisiana
News & Press Releases
Criterion News
- 3/19/2024 - ConocoPhillips CEO Calls... (subscriber access)
- 2/8/2024 - ConocoPhillips Reports... (subscriber access)
- 12/26/2023 - ConocoPhillips... (subscriber access)
- 12/11/2023 - Endeavor Energy Partners... (subscriber access)
- 11/29/2023 - Stranded Chinese LNG... (subscriber access)
- 11/14/2023 - Federal Judge Upholds... (subscriber access)
- 11/2/2023 - Conoco Reports Flat... (subscriber access)
- 10/6/2023 - ConocoPhillips Recieves... (subscriber access)
- 10/5/2023 - ConocoPhillips Closes on... (subscriber access)
- 10/4/2023 - QatarEnergy Launches... (subscriber access)
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- 9/14/2023 - KKR Closes on Purchase... (subscriber access)
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- 8/4/2023 - Mexico Pacific Secures... (subscriber access)
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- 5/26/2023 - ConocoPhillips Exercises... (subscriber access)
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- 5/4/2023 - ConocoPhillips Report... (subscriber access)
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- 5/4/2023 - ConocoPhillips Report... (subscriber access)
- 5/4/2023 - ConocoPhillips Report... (subscriber access)
- 5/4/2023 - ConocoPhillips Report... (subscriber access)
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- 5/4/2023 - ConocoPhillips Announces... (subscriber access)
- 4/12/2023 - ConocoPhillips 10-Year... (subscriber access)
- 4/12/2023 - ConocoPhillips 10-Year... (subscriber access)
Press Releases
- Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
- Technology, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
- Hydrocarbons Services, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services
KBR Adds BHGE to Development of Mid-Scale LNG Reference Design, Announces Broader Collaboration for LNG Solutions
Source: PR Newswire
HOUSTON, April 8, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that it has selected Baker Hughes, a GE company (NYSE: BHGE), as part of the ongoing development of KBR's standardized mid-scale Liquefied Natural Gas (LNG) design. The design utilizes ConocoPhillips' (NYSE: COP) Optimized Cascade® technology as part of a broader partnership previously announced by KBR and COP.
The mid-scale LNG facilities designed under the agreement between KBR and BHGE will standardize around BHGE's proven gas turbine driver technologies, featuring BHGE's LM2500+G5 and LM6000PF gas turbines. Installed in KBR LNG facilities, these gas turbine technologies will provide ideal power ratings, speed and power flexibility, long maintenance intervals, and industry leading efficiencies.
Further enhancing client value, KBR and BHGE will leverage their unique experiences and service portfolios to provide standardized, low CAPEX LNG solutions for grassroots and existing LNG assets.
"BHGE and KBR have a well-established 40-year history and partnership successfully delivering LNG projects," said Farhan Mujib, KBR President, Hydrocarbons - Delivery Solutions. "This allows us to further enhance our cost effective standardized approach to LNG design, minimizing CAPEX and OPEX for our clients."
"We are delighted that KBR has selected our highly efficient and reliable gas turbine technology as part of the development of its standardized mid-scale LNG design," said Rod Christie, President & CEO Turbomachinery Process & Solutions – BHGE. "We welcome the opportunity to strategically work together with key partners like KBR, looking at our collective solutions across the value chain to develop a more competitive solution for customers."
For more than 40 years, KBR has been a recognized pioneer in the LNG industry, designing and constructing one-third of the world's LNG production.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 36,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:
KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
View original content to download multimedia:http://www.prnewswire.com/news-releases/kbr-adds-bhge-to-development-of-mid-scale-lng-reference-design-announces-broader-collaboration-for-lng-solutions-300825753.html
SOURCE KBR, Inc.
Article Date
4/8/201912/21/2018 - Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
Source: PR Newswire
DALLAS, Dec. 21, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on December 31, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2019:
Constituents added:
CNX Midstream Partners LP (NYSE: CNXM)
Crestwood Equity Partners LP (NYSE: CEQP)
Shell Midstream Partners, L.P. (NYSE: SHLX)
FMC Corporation (NYSE: FMC)
Noble Energy, Inc. (NYSE: NBL)
Hess Corporation (NYSE: HES)
Constituents removed:
AmeriGas Partners, L.P. (NYSE: APU)
Dominion Energy Midstream Partners, LP (NYSE: DM)
EnLink Midstream Partners, LP (NYSE: ENLK)
ConocoPhillips (NYSE: COP)
Ecolab Inc. (NYSE: ECL)
ABOUT THE CUSHING® ENERGY SUPPLY CHAIN INDEX
The Cushing® Energy Supply Chain Index tracks the performance of widely held companies engaged in exploration and production, refining and marketing, or storage and transportation of oil, natural gas, coal and consumable fuels; oil and natural gas equipment and services companies; and companies that extract and/or manufacture materials. Constituents of the Index are weighted based on current yield. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "CSCI".
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 energy infrastructure companies and other natural resource companies.
Cushing is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® 30 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® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.
Contact:
Judson Redmond
214-692-6334
www.cushingasset.com
The Cushing® Energy Supply Chain 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 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-CSCI
View original content:http://www.prnewswire.com/news-releases/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-energy-supply-chain-index-300770030.html
SOURCE Cushing Asset Management, LP; Swank Capital, LLC
Article Date
12/21/2018Projects & Assets
Direct Assets
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Direct Projects
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Australia Pacific LNG Export Train 2 (subscriber access)
Status: (subscriber access)
Alder Crude Oil Field (subscriber access)
Status: (subscriber access)
Sunrise LNG Terminal (subscriber access)
Status: (subscriber access)
K2 Offshore Development (subscriber access)
Status: (subscriber access)
Shenandoah Offshore Development (subscriber access)
Status: (subscriber access)
Shenandoah Offshore Development (subscriber access)
Status: (subscriber access)
Barossa Project (subscriber access)
Status: (subscriber access)
Greater Willow Area Production Project (Alaska) (subscriber access)
Status: (subscriber access)
Equinor Troll Extension Project (subscriber access)
Greater Mooses Tooth 2 (subscriber access)
Status: (subscriber access)
Tor II Development (ConocoPhillips) (subscriber access)
Breidablikk Oil Field Development (subscriber access)
Status: (subscriber access)
JERA/Uniper Gulf Coast Clean Ammonia Facility (subscriber access)
Status: (subscriber access)
Pathways Alliance Carbon Capture Project (subscriber access)
Status: (subscriber access)
Related Projects
Alaska LNG Gas Treatment Plant (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Alaska LNG Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Alaska LNG Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Alaska LNG Train 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Alaska LNG Train 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Alaska LNG Train 3 (subscriber access)
Status: (subscriber access)
Parent Entities:
Alaska LNG Project, LLC
Bruderheim Diluent Recovery Unit (DRU) (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Christina Lake Phase F (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Christina Lake Phase G (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Christina Lake Phase H (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Foster Creek Phase G Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Foster Creek Phase H (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Foster Creek Phase J (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Golden Pass Pipeline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Golden Pass Pipeline LLC
Greater Mooses Tooth 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
ConocoPhillips Company
Greater Willow Area Production Project (Alaska) (subscriber access)
Status: (subscriber access)
Parent Entities:
ConocoPhillips Company
Narrows Lake Phase A (subscriber access)
Status: (subscriber access)
Parent Entities:
Cenovus Energy Inc.
Pathways Alliance Carbon Capture Project (subscriber access)
Status: (subscriber access)
Parent Entities:
MEG Energy Corp
Cenovus Energy Inc.
Canadian Natural Resources Ltd
ConocoPhillips Company
Imperial Oil Ltd.
Suncor Energy Inc.
Shelburne Basin Deepwater Exploration Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Shell Canada Limited
Suncor Energy Inc.
ConocoPhillips Canada East Coast Partnership
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