NEW YORK, July 31, 2019 /PRNewswire/ -- RPC Inc. (NYSE: RES) will replace Control4 Corp. (NASD: CTRL) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, August 6. SnapAV is acquiring Control4 in a transaction expected to be completed soon pending final conditions.
RPC provides a range of oilfield services and equipment to companies involved in the exploration, production, and development of oil and gas properties. Headquartered in Atlanta, GA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas Equipment & Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – August 6, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | RPC | Energy | Oil & Gas Equipment & Services |
DELETED | Control4 | Information Technology | Electronic Equipment & Instruments |
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