NEW
YORK, Nov. 21, 2024 /PRNewswire/ -- S&P
MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL)
will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500,
S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:
MLI) will replace Texas Pacific Land in the S&P MidCap 400, and
Atlas Energy Solutions Inc. (NYSE: AESI) will replace Mueller
Industries in the S&P SmallCap 600 effective prior to the
opening of trading on Tuesday, November
26. S&P 500 & 100 constituent ConocoPhillips (NYSE:
COP) is acquiring Marathon Oil in a deal expected to close
November 22, pending final closing
conditions. Texas Pacific Land and Mueller Industries have company
level market capitalizations that are more representative of the
large-cap and mid-cap market space, respectively.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
|
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
|
November 26,
2024
|
S&P 500
|
Addition
|
Texas Pacific
Land
|
TPL
|
Energy
|
|
November 26,
2024
|
S&P 500
|
Deletion
|
Marathon Oil
|
MRO
|
Energy
|
|
November 26,
2024
|
S&P MidCap
400
|
Addition
|
Mueller
Industries
|
MLI
|
Industrials
|
|
November 26,
2024
|
S&P MidCap
400
|
Deletion
|
Texas Pacific
Land
|
TPL
|
Energy
|
|
November 26,
2024
|
S&P SmallCap
600
|
Addition
|
Atlas Energy
Solutions
|
AESI
|
Energy
|
|
November 26,
2024
|
S&P SmallCap
600
|
Deletion
|
Mueller
Industries
|
MLI
|
Industrials
|
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content:https://www.prnewswire.com/news-releases/texas-pacific-land-set-to-join-sp-500-mueller-industries-to-join-sp-midcap-400-and-atlas-energy-solutions-to-join-sp-smallcap-600-302313720.html
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