Le Lézard
Classified in: Oil industry, Business
Subjects: ECO, FVT

Enbridge Energy Partners Expected to be Removed from the Alerian Index Series


DALLAS, Dec. 13, 2018 /PRNewswire/ -- Alerian announced today that Enbridge Energy Partners (NYSE: EEP) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy Index (AMUS), Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index (AMZE), and Alerian MLP Infrastructure Index (AMZI) in a special rebalancing.

Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. Pending shareholder approval, EEP will cease to trade due to its merger with Enbridge Inc (TSX: ENB). If approved, the rebalancing will take place after market close on Wednesday, December 19.

Each index will be rebalanced in accordance with its existing methodology. Constituent additions to and deletions from an index do not reflect an opinion by Alerian on the investment merits of the respective securities.

For more information about Alerian's indices, including methodology, please visit: www.alerian.com/indices.  

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 November 30, 2018, over $13 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. Visit alerian.com to learn more.

SOURCE Alerian


These press releases may also interest you

at 18:38
CLEARVIEW RESOURCES LTD. REPORTS 2023 YEAR END RESULTS
Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its reserves report and financial and operational results for the year ended December 31, 2023....

at 18:24
Notice - NOVA TECH LTD and CYNTHIA PETION, File No. 2023-20
The scheduled merits hearing dates, April 26 and 29, 2024, in the above-named matter will proceed by videoconference. On April 26, 2024, the hearing will commence 11:15 a.m. Members of the public may observe the hearing by videoconference, by...

at 18:15
TWC Enterprises Limited Announces First Quarter 2024 Results and Eligible Dividend
Consolidated Financial Highlights (unaudited) (in thousands of dollars except per shareamounts)Three months endedMarch 31,2024March 31,2023Net loss(701)(8,051)Basic and diluted loss per share(0.03)(0.33) Operating Data  Three months...

at 18:12
Yeshiva University Launches Accelerated Transfer Initiative for Students Who Feel Threatened at Current Universities
Yeshiva University, the nation's flagship Jewish University for over 140 years, today announced that in light of ongoing antisemitism and harassment on college campuses, YU is reopening its transfer portal for undergraduate applicants,...

at 18:10
NOV Reports First Quarter 2024 Results, Return of Capital Framework, $1 Billion Share Repurchase Authorization, and Plan to Increase Dividend 50%
NOV Inc. today reported first quarter 2024 revenues of $2.16 billion, an increase of 10 percent compared to the first quarter of 2023. Net income was $119 million, or 5.5 percent of sales, a decrease of $7 million compared to the first quarter of...

at 18:10
Ohio Valley Banc Corp. Reports 1st Quarter Earnings
Ohio Valley Banc Corp. [Nasdaq: OVBC] (the "Company") reported consolidated net income for the quarter ended March 31, 2024, of $2,793,000, a decrease of $1,115,000, or 28.5%, from the same period the prior year. Earnings per share for the first...

More news about Business...


News published on and distributed by: