COST: 2 $B
DALLAS, April 25, 2017 /PRNewswire/ -- Alerian announced today that Energy Transfer Partners (NYSE: ETP) is expected to be removed from the Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index (AMZE), Alerian MLP Infrastructure Index (AMZI), and the Alerian Large Cap MLP Index (AMLI) in a special rebalancing.
Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. Pending shareholder approval, ETP will cease to trade due to its merger with Sunoco Logistics Partners (NYSE: SXL). If approved, the rebalancing will take place one trading day after the issuance of a press release indicating all needed merger votes have passed.
Notably, following the closing of the merger, it is anticipated that Sunoco Logistics Partners will change its name to Energy Transfer Partners and that SXL common units will trade on the NYSE under the ticker symbol "ETP".
The index will be rebalanced in accordance with its existing 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 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. As of March 31, 2017, over $17 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.
SOURCE Alerian
Arrowhead Processing Plant (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Bayou Bridge Pipeline Phase I (subscriber access)
Status: (subscriber access)
Parent Entities:
Bayou Bridge Pipeline LLC
Bayou Bridge Pipeline Phase II (subscriber access)
Status: (subscriber access)
Parent Entities:
Bayou Bridge Pipeline LLC
Delaware Basin Extension (subscriber access)
Status: (subscriber access)
Parent Entities:
Sunoco Logistics Partners L.P.
Granite Wash Extension (subscriber access)
Status: (subscriber access)
Parent Entities:
Sunoco Logistics Partners L.P.
Lone Star NGL Fractionator V (subscriber access)
Status: (subscriber access)
Parent Entities:
LONE STAR NGL LLC
Energy Transfer Operating, L.P.
Lone Star NGL Fractionator VI (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
LONE STAR NGL LLC
Marcus Hook Fractionation Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Marcus Hook Industrial Complex Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Sunoco Logistics Partners L.P.
Mariner East 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Sunoco Pipeline L.P.
Sunoco Logistics Partners L.P.
Mariner East 2 Expansion Project (2X) (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Mariner East Phase I (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Sunoco Logistics Partners L.P.
North Texas 36-inch Pipeline Extension (subscriber access)
Status: (subscriber access)
Parent Entities:
Enterprise Products Partners
Energy Transfer Operating, L.P.
Old Ocean Reactivation Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Enterprise Products Partners
Energy Transfer Operating, L.P.
Permian Express 3 Pipeline - Phase 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
Permian Express Partners LLC
Permian Express Terminal LLC
Permian Gulf Coast Pipeline (PGC) (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Magellan Midstream Partners LP
MPLX LP
Delek US Holdings, Inc.
Permian Longview & Louisiana Extension (PELA) Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Sunoco Logistics Partners L.P.
Presidio Lateral Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Trans-Pecos Pipeline, LLC
Energy Transfer Operating, L.P.
Rebel II Processing Plant (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Red Bluff Express Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Revolution Gathering System (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Revolution Natural Gas Processing Plant (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
West Texas Diesel Pipeline (Sunoco/Energy Transfer) (subscriber access)
Status: (subscriber access)
Parent Entities:
Energy Transfer Operating, L.P.
Sunoco LP
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