Texas Pacific Land To Replace Marathon Oil In S&P 500
(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), said that S&P MidCap 400 constituent Texas Pacific Land Corp. (TPL) will replace Marathon Oil Corp. (MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (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 (COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.