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Texas Pacific Land To Replace Marathon Oil In S&P 500

November 21, 2024 — 07:19 pm EST

Written by RTTNews.com for RTTNews->

(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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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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.
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