DALLAS, Dec. 13, 2013 /PRNewswire/ -- Alerian
announced that following the close of business on Friday, December 20, Buckeye Partners LP (NYSE:
BPL) and Plains GP Holdings (NYSE: PAGP) will be added to the
Alerian Energy Infrastructure Index (CME: AMEI).
Buckeye owns and operates petroleum product pipelines,
terminals, storage facilities, and distribution services. Plains GP
Holdings owns the general partner and incentive distribution rights
of Plains All American (NYSE: PAA).
Plains All American LP (PAA) and Crosstex Energy Inc. (NASDAQ:
XTXI) will be removed from the index following the close of
business on December 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).
About Alerian
Alerian is an independent
provider of Master Limited Partnership (MLP) and energy
infrastructure market intelligence. 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 $15 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
yields, constituents, and announcements regarding rebalancings,
please visit www.alerian.com.
SOURCE Alerian