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
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