Presidio Production Company to Join S&P Total Market Index and S&P Completion Index
Inclusion Expected to Expand Presidio's Shareholder Base and Enhance Trading Liquidity
Presidio Production Company (NYSE:FTW) ("Presidio" or the "Company"), a differentiated oil and gas operator focused on the acquisition and optimization of mature, producing oil and natural gas assets in the United States, today announced its addition to the S&P Total Market Index and the S&P Completion Index, effective on June 22, 2026.
Will Ulrich, Chairman and co-CEO of Presidio, commented:
"Being added to the S&P Total Market Index and S&P Completion Index less than four months after our NYSE listing is a meaningful milestone for Presidio and our shareholders. These indices are benchmarks for a broad range of passive investment vehicles, and our inclusion reflects the market's recognition of Presidio's financial strength and operating performance. We remain focused on what got us here: disciplined PDP operations, a compelling dividend, and the AI-driven efficiencies of our Asset Intelligence Platform. We look forward to engaging a broader investor base and remain focused on delivering for our shareholders."
About the S&P Total Market Index and S&P Completion Index
The S&P Total Market Index is designed to track the broad U.S. equity market, including large-, mid-, small-, and micro-cap stocks. The S&P Completion Index covers the U.S. equity market excluding S&P 500 constituents, and together the two indices represent comprehensive exposure to the U.S. public equity universe. Both indices are widely used by institutional investors, index funds, and ETF providers as benchmarks and investment vehicles.
About Presidio Production Company
Headquartered in Fort Worth, TX, Presidio Production Company (NYSE:FTW) is a yield-focused, differentiated oil and gas operator in the United States focused on the acquisition and optimization of producing oil and natural gas wells, without drilling. Presidio is a leading operator of stable oil and gas wells across the Mid-Continent, applying engineering expertise and AI-driven analytics to enhance performance and extend asset life. The Company's Class A common stock is listed on the New York Stock Exchange under the ticker symbol "FTW". To learn more, visit https://bypresidio.com/.
Cautionary Note Regarding Forward-Looking Statements
The statements contained in this press release that are not purely historical are forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those that we have anticipated. These forward-looking statements speak only as of the date this press release is actually delivered and involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (3) changes in domestic and foreign business, market, financial, political conditions, and in applicable laws and regulations; (4) the ability of the Company to build or maintain relationships with customers and suppliers and retain its management and key employees; (5) risks related to commodity price volatility and its impact on cash flows and dividend sustainability; (6) risks related to oil and gas operations, including production declines, operational challenges, and regulatory changes; (7) risks related to the Company's ability to pay, maintain or increase dividend payments; and (8) other risk factors described herein as well as the risk factors and uncertainties described in documents filed by the Company with the U.S. Securities and Exchange Commission (the "SEC"), the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" and similar sections in its filings with the SEC, and any periodic Exchange Act reports filed with the SEC such as its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The recipient of this press release should carefully consider the foregoing risk factors and the other risks and uncertainties which will be more fully described in the documents filed by the Company from time to time with the SEC. If any of these risks materialize or the underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.
In addition, there may be additional risks that the Company presently knows, or that it currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this communication should be regarded as a representation or warranty, either express or implied, by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
In addition, the information contained in this press release is provided as of the date hereof and may change, and the Company and its representatives and affiliates specifically disclaim any obligation to, and do not intend to, update or revise any forward-looking statements, whether as a result of new information, inaccuracies, future events or otherwise, except as may be required under applicable securities laws. Information contained on our website is not a part of or incorporated into this press release.
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Investor Relations Contact
Presidio@icrinc.com