June 29, 2018 - 10:37 AM EDT
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Alerian Launches Two New Midstream Energy Indices and Announces Methodology and Name Changes to the Alerian Energy Infrastructure Index

DALLAS, June 29, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Midstream Energy Index, a broad-based composite of North American energy infrastructure companies. Constituents can be structured as pass-through entities or corporations, but must earn the majority of their cash flow from midstream activities involving energy commodities. The capped, float-adjusted, capitalization-weighted index is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX).

Alerian also announced the launch of the Alerian US Midstream Energy Index, a broad-based composite of US energy infrastructure companies and the American subset of the Alerian Midstream Energy Index. The index is disseminated real-time on a price-return basis (AMUS) and on a total-return basis (AMUSX).

Separately, Alerian announced that the Alerian Energy Infrastructure Index (AMEI) will be renamed the Alerian Midstream Energy Select Index (AMEI) effective after market close on Friday, June 29, 2018. In addition, the index methodology for the AMEI will be updated and posted to the website after market close on Monday, July 9, 2018. The effective date of the methodology changes will be Wednesday, July 18, 2018. A special rebalancing will take place after market close on Monday, July 23, 2018 incorporating the new methodology.

"Though the majority of the public's midstream energy dollars are invested in MLPs, a sizable minority are in corporations," said Alerian President and CEO Kenny Feng. "Accordingly, the two indices launched today are ideally suited for industry stakeholders that primarily value sector representation above other investment considerations."

"Updating the index methodology for the AMEI is a logical extension of the index launches announced today," Feng continued. "Going forward, the AMEI will be a liquid subset of the AMNA and continue to limit companies taxed as pass-through entities to 25%."

AMNA Constituents as of June 27, 2018

Name                                

Ticker

Weightings

AltaGas Ltd                                           

ALA CN

0.8%

American Midstream Partners LP                   

AMID

0.1%

Andeavor Logistics LP                      

ANDX

0.9%

Antero Midstream Partners LP            

AM

0.6%

Antero Midstream GP LP                      

AMGP

0.3%

Blueknight Energy Partners LP                  

BKEP           

0.0%

Boardwalk Pipeline Partners LP               

BWP       

0.3%

BP Midstream Partners LP                       

BPMP        

0.2%

Buckeye Partners LP                                 

BPL       

1.2%

Cheniere Energy Inc                                  

LNG          

3.8%

Cheniere Energy Partners LP                          

CQP      

0.3%

Cheniere Energy Partners LP Holdings LLC            

CQH           

0.1%

CNX Midstream Partners LP                       

CNXM      

0.2%

Crestwood Equity Partners LP                           

CEQP       

0.4%

DCP Midstream LP                                      

DCP     

0.8%

Delek Logistics Partners LP                         

DKL          

0.1%

Dominion Energy Midstream Partners LP        

DM     

0.2%

Enable Midstream Partners LP                

ENBL      

0.3%

Enbridge Energy Partners LP                       

EEP        

0.5%

Enbridge Inc                                         

ENB CN

10.2%

Enbridge Income Fund Holdings Inc              

ENF CN

0.7%

Energy Transfer Equity LP                           

ETE            

3.4%

Energy Transfer Partners LP                        

ETP     

5.0%

EnLink Midstream LLC                                     

ENLC          

0.2%

EnLink Midstream Partners LP                      

ENLK    

0.6%

Enterprise Products Partners LP                      

EPD           

9.4%

EQT GP Holdings LP                                    

EQGP   

0.1%

EQT Midstream Partners LP                  

EQM        

0.7%

Genesis Energy LP                                 

GEL      

0.6%

Gibson Energy Inc                                  

GEI CN

0.4%

Green Plains Partners LP                        

GPP        

0.0%

Hess Midstream Partners LP                                 

HESM       

0.1%

Holly Energy Partners LP                        

HEP            

0.3%

Inter Pipeline Ltd                                     

IPL CN

1.6%

Keyera Corp                                             

KEY CN

1.3%

Kinder Morgan Inc                                  

KMI          

7.7%

Kinder Morgan Canada Ltd                     

KML CN

0.3%

Macquarie Infrastructure Corp                      

MIC            

0.8%

Magellan Midstream Partners LP                

MMP       

3.6%

Martin Midstream Partners LP                   

MMLP        

0.1%

MPLX LP                                                 

MPLX      

2.2%

NextDecade Corp                                   

NEXT           

0.0%

NGL Energy Partners LP                         

NGL          

0.3%

Noble Midstream Partners LP                        

NBLX      

0.2%

NuStar Energy LP                                

NS             

0.4%

NuStar GP Holdings LLC                           

NSH      

0.1%

Oasis Midstream Partners LP                            

OMP        

0.0%

ONEOK Inc                                            

OKE            

6.6%

PBF Logistics LP                                    

PBFX         

0.1%

Pembina Pipeline Corp                         

PPL CN

4.0%

Phillips 66 Partners LP                                

PSXP        

0.6%

Pieridae Energy Ltd                                       

PEA CN

0.0%

Plains All American Pipeline LP                      

PAA        

2.3%

Plains GP Holdings LP                                      

PAGP          

0.9%

Rice Midstream Partners LP                             

RMP            

0.3%

Sanchez Midstream Partners LP                   

SNMP         

0.0%

SemGroup Corp                                          

SEMG      

0.4%

Shell Midstream Partners LP                                  

SHLX         

0.6%

Spectra Energy Partners LP                              

SEP        

0.6%

Summit Midstream Partners LP                    

SMLP          

0.1%

Tallgrass Energy GP LP                                

TEGP       

0.8%

Targa Resources Corp                                      

TRGP      

2.4%

TC PipeLines LP                                          

TCP      

0.3%

Tellurian Inc                                            

TELL       

0.2%

Tidewater Midstream and Infrastructure Ltd              

TWM CN

0.1%

TransCanada Corp                                        

TRP CN

8.8%

TransMontaigne Partners LP                            

TLP        

0.1%

USD Partners LP                                           

USDP        

0.0%

Valero Energy Partners LP                               

VLP         

0.2%

Western Gas Equity Partners LP                  

WGP        

0.3%

Western Gas Partners LP                            

WES      

1.1%

Williams Partners LP                                 

WPZ         

2.4%

The Williams Companies Inc                        

WMB       

5.1%

AMUS Constituents as of June 27, 2018

Name                                              

Ticker       

Weighting

American Midstream Partners LP             

AMID       

0.1%

Andeavor Logistics LP                              

ANDX      

1.3%

Antero Midstream Partners LP                  

AM          

0.9%

Antero Midstream GP LP                          

AMGP      

0.5%

Blueknight Energy Partners LP                    

BKEP     

0.0%

Boardwalk Pipeline Partners LP                  

BWP         

0.5%

BP Midstream Partners LP                           

BPMP       

0.3%

Buckeye Partners LP                                  

BPL        

1.7%

Cheniere Energy Inc                                   

LNG        

5.6%

Cheniere Energy Partners LP                         

CQP       

0.5%

Cheniere Energy Partners LP Holdings LLC             

CQH           

0.2%

CNX Midstream Partners LP                        

CNXM      

0.3%

Crestwood Equity Partners LP                       

CEQP        

0.5%

DCP Midstream LP                                   

DCP          

1.2%

Delek Logistics Partners LP                        

DKL       

0.1%

Dominion Energy Midstream Partners LP         

DM         

0.2%

Enable Midstream Partners LP                      

ENBL        

0.5%

Enbridge Energy Partners LP                         

EEP         

0.7%

Energy Transfer Equity LP                             

ETE        

4.9%

Energy Transfer Partners LP                          

ETP     

7.2%

EnLink Midstream LLC                                  

ENLC      

0.3%

EnLink Midstream Partners LP                       

ENLK         

0.9%

Enterprise Products Partners LP                  

EPD            

9.6%

EQT GP Holdings LP                                  

EQGP      

0.2%

EQT Midstream Partners LP                      

EQM       

1.0%

Genesis Energy LP                                    

GEL        

0.8%

Green Plains Partners LP                           

GPP         

0.1%

Hess Midstream Partners LP                      

HESM        

0.1%

Holly Energy Partners LP                           

HEP        

0.4%

Kinder Morgan Inc                                     

KMI         

10.6%

Macquarie Infrastructure Corp                      

MIC         

1.1%

Magellan Midstream Partners LP               

MMP        

5.2%

Martin Midstream Partners LP                     

MMLP       

0.1%

MPLX LP                                                    

MPLX     

3.3%

NextDecade Corp                                         

NEXT       

0.0%

NGL Energy Partners LP                             

NGL      

0.5%

Noble Midstream Partners LP                          

NBLX         

0.4%

NuStar Energy LP                                           

NS          

0.6%

NuStar GP Holdings LLC                        

NSH        

0.1%

Oasis Midstream Partners LP                       

OMP           

0.1%

ONEOK Inc                                               

OKE       

9.6%

PBF Logistics LP                                         

PBFX    

0.2%

Phillips 66 Partners LP                                

PSXP     

0.9%

Plains All American Pipeline LP                   

PAA          

3.3%

Plains GP Holdings LP                                  

PAGP       

1.3%

Rice Midstream Partners LP                       

RMP         

0.4%

Sanchez Midstream Partners LP                

SNMP      

0.0%

SemGroup Corp                                       

SEMG    

0.7%

Shell Midstream Partners LP                       

SHLX         

0.9%

Spectra Energy Partners LP                     

SEP          

0.9%

Summit Midstream Partners LP            

SMLP      

0.2%

Tallgrass Energy GP LP                      

TEGP       

1.2%

Targa Resources Corp                             

TRGP        

3.5%

TC PipeLines LP                                     

TCP         

0.5%

Tellurian Inc                                           

TELL        

0.2%

TransMontaigne Partners LP                         

TLP          

0.2%

USD Partners LP                                        

USDP        

0.1%

Valero Energy Partners LP                           

VLP           

0.3%

Western Gas Equity Partners LP                  

WGP       

0.5%

Western Gas Partners LP                         

WES        

1.6%

Williams Partners LP                               

WPZ      

3.5%

The Williams Companies Inc                     

WMB           

7.5%

About Alerian
Alerian equips investors to make informed decisions about energy infrastructure and Master Limited Partnerships (MLPs). Its benchmarks are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. As of May 31, 2018 over $15 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.

About the Alerian Midstream Energy Index
The Alerian Midstream Energy Index is a broad-based composite of North American energy infrastructure companies. The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX).

About the Alerian US Midstream Energy Index
The Alerian US Midstream Energy Index is a broad-based composite of US energy infrastructure companies. The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMUS) and on a total-return basis (AMUSX).

About the Alerian Midstream Energy Select Index
The Alerian Midstream Energy Select Index is a composite of North American energy infrastructure companies and an investable subset of the Alerian Midstream Energy Index. The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMEI) and on a total-return basis (AMEIX).

Cision View original content:http://www.prnewswire.com/news-releases/alerian-launches-two-new-midstream-energy-indices-and-announces-methodology-and-name-changes-to-the-alerian-energy-infrastructure-index-300674671.html

SOURCE Alerian


Source: PR Newswire (June 29, 2018 - 10:37 AM EDT)

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