Alerian reports that, following the close of business on Dec. 20, Buckeye Partners LP (NYSE: BPL) and Plains GP Holdings (NYSE: PAGP) will be added to the Alerian Energy Infrastructure Index (CME: AMEI).
Buckeye owns and operates petroleum product pipelines, terminals, storage facilities, and distribution services. Plains GP Holdings owns the general partner and incentive distribution rights of Plains All American (NYSE: PAA).
Plains All American LP and Crosstex Energy Inc. (NASDAQ: XTXI) will be removed from the index following the close of business on Dec. 20. The 30 constituents of the index will be rebalanced 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.