DALLAS, March 14, 2014 /PRNewswire/ -- Alerian
announced that following the close of business on Friday, March 21, QEP Midstream Partners LP
(NYSE: QEPM) and Summit Midstream Partners LP (NYSE: SMLP) will be
added to the Alerian Natural Gas MLP Index (NYSE: ANGI).
QEP Midstream Partners owns, operates, acquires, and develops
midstream energy assets in Wyoming, Colorado, Utah and North
Dakota.
Summit Midstream Partners owns and operates midstream energy
infrastructure assets that are located in the core producing areas
of unconventional resource basins, primarily shale formations, in
North America.
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 20 constituents of the 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 Natural Gas MLP Index
The Alerian
Natural Gas MLP Index is a composite of natural gas infrastructure
Master Limited Partnerships (MLPs). The equal-weighted index, whose
20 constituents earn the majority of their cash flow from the
transportation, storage, and processing of natural gas and natural
gas liquids (NGLs), is disseminated real-time on a price-return
basis (NYSE: ANGI) and end-of-day on a total-return basis (NYSE:
ANGIX).
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