DALLAS, Dec. 11, 2015 /PRNewswire/ -- Alerian announced that following the close of business on Friday, December 18, Boardwalk Pipeline Partners LP (NYSE: BWP) will be added to the Alerian Natural Gas MLP Index (NYSE: ANGI).
Boardwalk Pipeline Partners provides transportation, storage, gathering and processing of natural gas and liquids.
Tallgrass Energy Partners LP (NYSE: TEP) will be removed from the index following the close of business on December 18.
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 a composite of natural gas infrastructure Master Limited Partnerships (MLPs). The equal-weighted index, whose 20 constituents earn the majority of their cash flow from the pipeline transportation, storage, and processing of natural gas and natural gas liquids (NGLs), is disseminated real-time on a price-return basis (ANGI) and end-of-day on a total-return basis (ANGIX).
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 $13 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.