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).
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