Oasis Petroleum Set to Join S&P MidCap 400; Washington Prime Group to Join S&P SmallCap 600

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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SOURCE S&P Dow Jones Indices

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