Exterran Partners To Join The Alerian MLP Index And Alerian MLP Equal Weight Index

DALLAS, Feb. 12, 2015 /PRNewswire/ -- Alerian announced today that Exterran Partners (NYSE: EXLP) is expected to be added to the Alerian MLP Index (NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE), replacing Oiltanking Partners (NYSE: OILT).

Special rebalancings are triggered by corporate actions that result in the termination of trading of an index constituent on a major US exchange. Such corporate actions include, but are not limited to, mergers, delistings, and bankruptcies. Pending unitholder approval, OILT will cease to trade on the NYSE due to its merger with Enterprise Products Partners (NYSE: EPD). If approved, the rebalancing will take place one full trading session after the constituent's issuance of a press release indicating all needed merger votes have passed.

EXLP provides natural gas contract operations services to customers throughout the United States.

The 50 constituents of the Alerian MLP Index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. The 50 constituents of the Alerian MLP Equal Weight 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 MLP Index

The Alerian MLP Index is the leading gauge of large- and mid-cap energy Master Limited Partnerships (MLPs). The float-adjusted, capitalization-weighted index, which includes 50 prominent companies and captures approximately 75% of available market capitalization, is disseminated real-time on a price-return basis (NYSE: AMZ) and on a total-return basis (NYSE: AMZX).

Alerian the Alerian MLP Equal Weight Index

The Alerian MLP Equal Weight Index is the equal-weighted version of the widely used Alerian MLP Index (AMZ). The index, which includes the same 50 companies as the float-adjusted, capitalization-weighted AMZ but allocates a 2% weight to each constituent at each rebalancing, is disseminated real-time on a price-return basis (CME: AMZE) and on a total-return basis (CME: AMZEX).

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 $19 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.

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SOURCE Alerian

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