NEW YORK, May 25, 2017 /PRNewswire/ -- Matador
Resources Company (NYSE: MTDR) will replace Western Refining, Inc.
(NYSE: WNR) in the S&P MidCap 400 effective prior to the open
on Friday, June 2. S&P 500
constituent Tesoro Corp. (NYSE: TSO) is acquiring Western Refining
in a deal expected to be completed on or about that date, pending
final conditions.
Matador Resources engages in the exploration, development,
production, and acquisition of oil and natural gas resources.
Headquartered in Dallas, TX, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Oil & Gas Exploration &
Production Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – June 2, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Matador
Resources
|
Energy
|
Oil & Gas
Exploration &
Production
|
|
DELETED
|
Western
Refining
|
Energy
|
Oil & Gas
Refining &
Marketing
|
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SOURCE S&P Dow Jones Indices