FGL Holdings and Talos Energy Set to Join S&P SmallCap 600

NEW YORK, Oct. 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Friday, November 1:

  • FGL Holdings (NYSE: FG) will replace LegacyTexas Financial Group Inc. (NASD: LTXB). S&P MidCap 400 constituent Prosperity Bancshares Inc. (NYSE: PB) is acquiring LegacyTexas Financial Group in a transaction expected to be completed soon pending final conditions.
  • Talos Energy Inc. (NYSE: TALO) will replace C&J Energy Services Inc. (NYSE: CJ). Keane Group Inc. (NYSE: FRAC) is acquiring C&J Energy Services in a transaction expected to be completed soon pending final conditions.

FGL Holdings sells individual life insurance products and annuities. Headquartered in Grand Cayman, Cayman Islands, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Other Diversified Financial Services Sub-Industry index.

Talos Energy operates as an independent oil and gas company. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – November 1, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

FGL Holdings

Financials

Other Diversified Financial Services


Talos Energy

Energy

Oil & Gas Exploration & Production

DELETED

LegacyTexas Financial Group

Financials

Regional Banks


C&J Energy Services

Energy

Oil & Gas Equipment & Services

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