Northern Oil and Gas Set to Join S&P SmallCap 600
On January 26, 2023, it was announced that Northern Oil and Gas (NYSE: NOG) will replace South Jersey Industries (NYSE: SJI) in the S&P SmallCap 600 index, effective before the market opens on February 2, 2023. This change comes as Infrastructure Investments Fund is acquiring South Jersey Industries, with the deal expected to finalize shortly, pending conditions. The addition of NOG to the index highlights its growing prominence in the energy sector.
- Northern Oil and Gas is being added to the S&P SmallCap 600 index.
- This inclusion reflects Northern Oil and Gas's growing market presence and credibility.
- None.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company | Ticker | GICS Sector |
S&P SmallCap 600 | Addition | NOG | Energy | ||
S&P SmallCap 600 | Deletion | SJI | Utilities |
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