DTE Energy, EnLink Midstream LLC, And Genesis Energy To Join The Alerian Energy Infrastructure Index
DALLAS, March 14, 2014 /PRNewswire/ -- Alerian announced that following the close of business on Friday, March 21, DTE Energy Co (NYSE: DTE), EnLink Midstream LLC (NYSE: ENLC), and Genesis Energy LP (NYSE: GEL) will be added to the Alerian Energy Infrastructure Index (CME: AMEI).
DTE Energy is a diversified energy company involved in the development and management of energy-related businesses and services nationwide.
EnLink Midstream LLC owns and operates gathering and transportation pipelines, processing plants, and fractionators, as well as barge and rail terminals, product storage facilities, brine disposal wells and an extensive crude-oil trucking fleet.
Genesis Energy manages a diverse portfolio of customers, operations and assets, including refinery-related plants, pipelines, storage tanks and terminals, marine operations, and trucks and truck terminals.
Boardwalk Pipeline Partners LP (NYSE: BWP), New Jersey Resources Corp (NYSE: NJR), and SemGroup Corporation (NYSE: SEMG) will be removed from the index following the close of business on March 21.
The 30 constituents of the index will be rebalanced 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 Energy Infrastructure Index
The Alerian Energy Infrastructure Index is a composite of North American energy infrastructure companies. The tier-weighted index, whose 30 constituents engage in the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (CME: AMEI) and on a total-return basis (CME: AMEIX).
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 $16 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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article