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Texas Pacific Land Corp to join S&P 500, triggering a domino effect in index replacements.
Texas Pacific Land Corp will join the S&P 500 index on Nov 26, replacing Marathon Oil Corp. Mueller Industries Inc. will then replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. will replace Mueller Industries in the S&P SmallCap 600.
These changes reflect shifts in company market capitalizations.
Texas Pacific Land's stock rose 5.1% after-hours on Thursday following the announcement.
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Texas Pacific Land Corp se unirá al S&P 500, desencadenando un efecto dominó en reemplazos de índices.