DALLAS, Sept. 13, 2013 /PRNewswire/ -- Alerian announced that following the close of business on Friday, September 20, Inter Pipeline Ltd (TSX: IPL) will be added to the Alerian Energy Infrastructure Index (CME: AMEI).
Inter Pipeline operates major petroleum transportation, storage, and natural gas liquids extraction assets.
Canadian Utilities Ltd (TSX: CU) will be removed from the index following the close of business on September 20. 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 30 core North American energy infrastructure companies that engage in the transportation, storage, and processing of energy commodities. Index constituents belong to one of five categories – US MLP affiliates (30%), MLPs (25%), Canadian infrastructure companies (20%), US infrastructure companies (15%), and Canadian MLP affiliates (10%). The index, whose constituents are equally weighted within each category, is disseminated real-time on a price return basis (AMEI) and on a total return basis (AMEIX).Ab out Alerian Alerian is an independent company that provides objective market information. The company is a leader in MLP and energy infrastructure market intelligence, providing benchmarks, data sets, and analytics that are used extensively by a range of industry stakeholders such as management teams, investment professionals, research analysts, and national media. The Alerian Index Series is used to analyze relative performance and to create index tracking funds. Over $14 billion is directly tied to Alerian's indices, including the leading benchmark of MLP equities: the Alerian MLP Index (AMZ). For index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com. SOURCE Alerian