Antero Midstream, Dominion Midstream, Global Partners, Holly Energy Partners, And Shell Midstream To Join The Alerian MLP Index And Alerian MLP Equal Weight Index
DALLAS, June 12, 2015 /PRNewswire/ -- Alerian announced that following the close of business on Friday, June 19, Antero Midstream Partners LP (NYSE: AM), Dominion Midstream Partners LP (NYSE: DM), Global Partners LP (NYSE: GLP), Holly Energy Partners LP (NYSE: HEP), and Shell Midstream Partners LP (NYSE: SHLX) will be added to the Alerian MLP Index (NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Antero Midstream owns and operates gathering pipelines and compressor stations. Dominion Midstream owns, operates, develops, and acquires natural gas import facilities, storage, regasification, and transportation assets. Global Partners is a midstream logistics and marketing company that owns convenience stores, and is involved in the transportation and distribution of oil and gas. Holly Energy Partners provides petroleum product and crude oil transportation, terminaling, storage, and throughput services. Shell Midstream Partners owns, operates, develops, and acquires crude oil and refined products pipelines.
BreitBurn Energy Partners LP (NASDAQ: BBEP), Boardwalk Pipeline Partners LP (NYSE: BWP), Legacy Reserves LP (NASDAQ: LGCY), Navios Maritime Partners LP (NYSE: NMM), and Natural Resource Partners LP (NYSE: NRP) will be removed from the two indices following the close of business on June 19.
The 50 constituents of the Alerian MLP Index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. The 50 constituents of the Alerian MLP Equal Weight Index will be rebalanced on an equal-weighted basis in accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.
About the Alerian MLP Index
The Alerian MLP Index is the leading gauge of energy Master Limited Partnerships (MLPs). The float-adjusted, capitalization-weighted index, whose 50 constituents represent approximately 75% of total market capitalization, is disseminated real-time on a price-return basis (AMZ) and on a total-return basis (AMZX).
Alerian the Alerian MLP Equal Weight Index
The Alerian MLP Equal Weight Index is the equal-weighted version of the widely used Alerian MLP Index (AMZ). The index, which includes the same 50 companies as the float-adjusted, capitalization-weighted AMZ but allocates a 2% weight to each constituent at each rebalancing, is disseminated real-time on a price-return basis (AMZE) and on a total-return basis (AMZEX).
About Alerian
Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. Over $18 billion is directly tied to the Alerian Index Series through exchange-traded products, delta one notes, and separately managed accounts. For more information, including index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com.
SOURCE Alerian
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