DALLAS, March 14, 2014 /PRNewswire/ -- Alerian
announced that following the close of business on Friday, March 21, Atlas Resource Partners LP
(NYSE: ARP) and Phillips 66
Partners LP (NYSE: PSXP) will be added to the Alerian MLP Index
(NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Atlas Resource Partners is active in oil and gas production in
Texas, the Appalachian Basin,
New Mexico, Alabama, and Oklahoma.
Phillips 66 Partners owns and operates crude oil, refined
petroleum product and natural gas liquids pipelines and terminals
and other transportation and midstream assets.
Boardwalk Pipeline Partners LP (NYSE: BWP) and PVR Partners LP
(NYSE: PVR) will be removed from the index following the close of
business on March 21.
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 large- and mid-cap energy Master Limited
Partnerships (MLPs). The float-adjusted, capitalization-weighted
index, which includes 50 prominent companies and captures
approximately 75% of available market capitalization, is
disseminated real-time on a price-return basis (NYSE: AMZ) and on a
total-return basis (NYSE: 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
(CME: AMZE) and on a total-return basis (CME: 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 $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