Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil. -- Barrons.com

Dow Jones07:02

By Andrew Bary

Texas Pacific Land, which owns significant acreage in the energy-rich Permian Basin, will join the S&P 500 index, replacing Marathon Oil.

The changes will be effective before the start of trading on Nov. 26. Texas Pacific Land stock is up 5% in after-hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024.

Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22.

Super Micro Computer, which was added to the S&P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq.

Super Micro announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report.

Write to Andrew Bary at andrew.bary@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 21, 2024 18:02 ET (23:02 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485422779?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-22 07:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485422779","market":"us","top_or_hot":-1,"title":"Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Andrew Bary \n</p>\n<p>\n  Texas Pacific Land, which owns significant acreage in the energy-rich Permian Basin, will join the S&amp;P 500 index, replacing Marathon Oil. \n</p>\n<p>\n     The changes will be effective before the start of trading on Nov. 26. Texas Pacific Land stock is up 5% in after-hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024. \n</p>\n<p>\n     Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22. \n</p>\n<p>\n     Super Micro Computer, which was added to the S&amp;P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq. \n</p>\n<p>\n     Super Micro  announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report. \n</p>\n<p>\n     Write to Andrew Bary at andrew.bary@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2024 18:02 ET (23:02 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTexas Pacific Land Will Join S&P 500. It Replaces Marathon Oil. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Andrew Bary \n\n\n  Texas Pacific Land, which owns significant acreage in the energy-rich Permian Basin, will join the S&P 500 index, replacing Marathon Oil. \n\n\n     The changes will be effective ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OEF","symbol_name":"标普100指数ETF-iShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2485422779","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485422779","pubTimestamp":1732230120,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Texas Pacific Land, which owns significant acreage in the energy-rich Permian Basin, will join the S&P 500 index, replacing Marathon Oil.The changes will be effective before the start of trading on Nov. 26. Texas Pacific Land stock is up 5% in after-hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024.Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22.Super Micro Computer, which was added to the S&P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq.Super Micro  announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report.This content was created by Barron's, which is ope","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OEF":"标普100指数ETF-iShares","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","VOO":"Vanguard标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","BK4588":"碎股","UPRO":"三倍做多标普500ETF","OEX":"标普100","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SH":"标普500反向ETF","BK4504":"桥水持仓","MRO":"马拉松石油","TPL":"Texas Pacific Land Trust Sub Sha","IVV":"标普500指数ETF","BK4213":"石油与天然气的勘探与生产","SPY":"标普500ETF"},"translate_title":"德克萨斯太平洋土地公司将加入标普500。它取代了马拉松油。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VOO":1,"TPL":1,"SPY":1,"MRO":1,".SPX":1,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"IVV":0.6,"NQmain":0.6,"ESmain":0.6},"content_text":"By Andrew Bary \n\n\n  Texas Pacific Land, which owns significant acreage in the energy-rich Permian Basin, will join the S&P 500 index, replacing Marathon Oil. \n\n\n     The changes will be effective before the start of trading on Nov. 26. Texas Pacific Land stock is up 5% in after-hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024. \n\n\n     Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22. \n\n\n     Super Micro Computer, which was added to the S&P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq. \n\n\n     Super Micro  announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report. \n\n\n     Write to Andrew Bary at andrew.bary@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 21, 2024 18:02 ET (23:02 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485422779"}