Crestwood Equity Partners To Join The Alerian Natural Gas MLP Index

DALLAS, Sept. 29, 2015 /PRNewswire/ -- Alerian announced today that Crestwood Equity Partners (NYSE: CEQP) is expected to be added to the Alerian Natural Gas MLP Index (NYSE: ANGI) replacing Crestwood Midstream Partners (NYSE: CMLP) in a special rebalancing.

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, CMLP will cease to trade on the NYSE due to its merger with CEQP. 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.

Crestwood Equity Partners is engaged in the development and operation of natural gas, NGL and crude oil gathering, processing, storage, and transportation assets.

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 $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 values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com.

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SOURCE Alerian