Murphy USA Set to Join S&P MidCap 400; Strayer Education, Flotek Industries to Join S&P SmallCap 600

Murphy USA Set to Join S&P MidCap 400; Strayer Education, Flotek Industries to
                            Join S&P SmallCap 600

PR Newswire

NEW YORK, Aug. 22, 2013

NEW YORK, Aug. 22, 2013 /PRNewswire/ -- S&P Dow Jones Indices will make the
following changes to the S&P MidCap 400 and SmallCap 600 indices:

  oMurphy USA Inc. (NYSE:MUSAwi) will replace Strayer Education Inc.
    (NASD:STRA) in the S&P MidCap 400, and Strayer Education will replace STR
    Holdings Inc. (NYSE:STRI) in the S&P SmallCap 600 after the close of
    trading on Friday, August 30. S&P 500 constituent Murphy Oil Inc.
    (NYSE:MUR) is spinning off Murphy USA to shareholders in a transaction
    expected to be completed on or about that date. Murphy Oil will remain in
    the S&P 500. Strayer's market capitalization is more representative of the
    small cap market space. STR Holdings is ranked #600 in the S&P SmallCap
    600 and is no longer appropriate for that index.
  oFlotek Industries Inc. (NYSE:FTK) will replace Buckeye Technologies Inc.
    (NYSE:BKI) in the S&P SmallCap 600 after the close of trading on Monday,
    August 26. Georgia Pacific LLC is acquiring Buckeye Technologies in a deal
    expected to be completed on August 23.

Murphy USA markets retail motor fuel products and convenience merchandise.
Headquartered in El Dorado, AR, the company will be added to the S&P MidCap
400 GICS (Global Industry Classification Standard) Automotive Retail
Sub-Industry index.

Strayer Education provides post-secondary education services for working
adults. Headquartered in Herndon, VA, the company will be added to the S&P
SmallCap 600 GICS Education Services Sub-Industry index.

Flotek Industries engages in the research, development, design, and supply of
drilling and production related products and services. Headquartered in
Houston, TX, the company will be added to the S&P SmallCap 600 GICS Specialty
Chemicals Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – August 26, 2013
        COMPANY              GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED   Flotek Industries    Materials            Specialty Chemicals
DELETED Buckeye Technologies Materials            Paper Products



S&P MIDCAP 400 INDEX – August 30, 2013
        COMPANY           GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   Murphy USA        Consumer Discretionary Automotive Retail
DELETED Strayer Education Consumer Discretionary Education Services



S&P SMALLCAP 600 INDEX – August 30, 2013
        COMPANY           GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   Strayer Education Consumer Discretionary Education Services
DELETED STR Holdings      Information Technology Semiconductor Equipment

Additions to and deletions from S&P Dow Jones Indices do not in any way
reflect an opinion on the investment merits of the companies involved.

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For more information:
Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices

Website: http://www.spdji.com
 
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