DALLAS, Sept. 13, 2013 /PRNewswire/ -- Alerian
announced that following the close of business on Friday, September 20, EQT Midstream Partners LP
(NYSE: EQM) will be added to the Alerian Natural Gas MLP Index
(NYSE: ANGI).
EQT Midstream Partners operates natural gas transmission
pipelines, storage, and gathering lines.
PAA Natural Gas Storage LP (NYSE: PNG) will be removed from the
index following the close of September
20. In addition, 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 an equal-weighted composite of 20 natural
gas infrastructure Master Limited Partnerships. The index, whose
constituents earn the majority of their cash flow from the
transportation, storage, and processing of natural gas and natural
gas liquids, provides investors with an unbiased benchmark for the
infrastructure component of the natural gas industry. The index is
disseminated real-time on a price-return basis (NYSE: ANGI), and
the corresponding total-return index is disseminated daily through
ticker ANGIX.
About 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