DALLAS, March 14, 2014 /PRNewswire/ -- Alerian announced that following the close of business on Friday, March 21, QEP Midstream Partners LP (NYSE: QEPM) and Summit Midstream Partners LP (NYSE: SMLP) will be added to the Alerian Natural Gas MLP Index (NYSE: ANGI).
QEP Midstream Partners owns, operates, acquires, and develops midstream energy assets in Wyoming, Colorado, Utah and North Dakota.
Summit Midstream Partners owns and operates midstream energy infrastructure assets that are located in the core producing areas of unconventional resource basins, primarily shale formations, in North America.
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 transportation, storage, and processing of natural gas and natural gas liquids (NGLs), is disseminated real-time on a price-return basis (NYSE: ANGI) and end-of-day on a total-return basis (NYSE: ANGIX).
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.