NEW YORK, July 25, 2018 /PRNewswire/ -- Bonanza Creek Energy Inc. (NYSE: BCEI) will replace Capella Education Co. (NASD: CPLA) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, August 1. S&P SmallCap 600 constituent Strayer Education Inc. (NASD: STRA) is acquiring Capella Education in a deal expected to be completed soon pending final conditions.
Bonanza Creek Energy engages in the acquisition, exploration, development, and production of onshore oil and associated liquids-rich natural gas. Headquartered in Denver, CO, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – AUGUST 1, 2018
COMPANY
GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY
ADDED
Bonanza Creek
Energy
Oil & Gas Exploration &
Production
DELETED
Capella
Education
Consumer Discretionary
Education Services
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