Press Releases
NEW YORK, April 26, 2018 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE:OAS) will replace Washington Prime Group Inc. (NYSE:WPG) in the S&P MidCap 400, and Washington Prime Group will replace Biglari Holdings Inc. (NYSE:BH) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, May 1. Biglari is scheduled to reorganize from a single share class structure into a multiple share class structure on or about that date. The U.S. Index Committee has determined that the company is no longer appropriate for continued inclusion in the S&P SmallCap 600.
Oasis Petroleum is an independent exploration and production company. Headquartered in Houston, TX, the company will be added to the S&P MidCap 400 Global Industry Classification Sector (GICS) Oil & Gas Exploration & Production Sub-Industry index,
Washington Prime Group is a retail REIT (Real Estate Investment Trust), focusing on ownership, management, acquisition and development of retail properties. Headquartered in Columbus, OH, the company will be added to the S&P SmallCap 600 GICS Retail REIT's Sub-Industry index,
Following is a summary of the change:
|
S&P MIDCAP 400 INDEX – May 1, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Oasis Petroleum |
Energy |
Oil & Gas Exploration & Production |
|
DELETED |
Washington Prime Group |
Real Estate |
Retail REITs |
|
S&P SMALLCAP 600 INDEX – May 1, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Washington Prime Group |
Real Estate |
Retail REITs |
|
DELETED |
Biglari Holdings |
Consumer Discretionary |
Restaurants |
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