CRGY - Diamond Offshore Volta among energy/utilities stocks to join Russell Microcap Index; Peabody Energy Tellurian to leave
FTSE Russell has released a preliminary lists of companies set to join or leave the Russell Microcap Index as part of its 2022 annual reconstitution. Following energy and utilities companies are slated to join the index: Diamond Offshore Drilling (NYSE:DO), Volta (NYSE:VLTA), TPI Composites (NASDAQ:TPIC), U.S. Energy (NASDAQ:USEG), Houston American Energy (NYSE:HUSA), ESS Tech (GWH), Enservco (ENSV), Harsco (HSC), Independence Contract Drilling (ICD) and Superior Drilling Products (SDPI), among others. Energy/utilities firms leaving the index include: Peabody Energy (NYSE:BTU), Tellurian (NYSE:TELL), Arch Resources (NYSE:ARCH), Northern Oil and Gas (NYSE:NOG), Nabors Industries (NYSE:NBR), CONSOL Energy (CEIX), Ranger Oil (ROCC), Civitas Resources (CIVI), Alpha Metallurgical Resources (AMR) and Crescent Energy Company (CRGY), among others. This year’s changes will take place after US equity markets close Friday, June 24.
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Diamond Offshore, Volta among energy/utilities stocks to join Russell Microcap Index; Peabody Energy, Tellurian to leave