Cushing® Energy Income Fund Announces Distribution Schedule Change and Provides Merger Update
CUSHING ENERGY INCOME FUND (SRF)
US:NYSE Investor Relations:
cushingcef.com/the-cushing-energy-income-fund
Company Research
Source: PR Newswire
DALLAS, March 20, 2020 /PRNewswire/ -- The Cushing® Energy Income Fund (formerly known as the Cushing® Royalty & Income Fund) (NYSE: SRF) announced today the decision of the Fund's Board of Trustees (the "Board") to revise the timing of the Fund's distributions for the months of April and May, 2020. In addition, the Board reaffirmed its continued support for the proposed merger of the Fund with and into The Cushing® MLP & Infrastructure Total Return Fund (formerly known as The Cushing® MLP Total Return Fund) (NYSE: SRV).Energy Market VolatilityCrude oil prices have dropped in dramatic fashion over the past two weeks, resulting from both (a) investor concerns over the anticipated short term demand disruption (over supply) due to the impact of the coronavirus (COVID-19) on the global economy and (b) the dispute that surfaced between Saudi Arabia (OPEC) and Russia regarding crude oil production cuts. These two factors combined to create a "perfect storm" across the energy supply chain
Show less
Read more
Impact Snapshot
Event Time:
SRF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SRF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SRF alerts
High impacting CUSHING ENERGY INCOME FUND news events
Weekly update
A roundup of the hottest topics