Following the close of business on Friday, March 20, Capital Product Partners LP (NASDAQ: CPLP), Summit Midstream Partners LP (NYSE: SMLP), and Sunoco LP (NYSE: SUN) will be added to the Alerian MLP Index (NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Capital Product Partners is involved in the seaborne transportation of various cargoes, including crude oil and refined oil products. Summit Midstream Partners owns and operates midstream infrastructure assets and provides natural gas gathering, treating, and processing services. Sunoco LP distributes motor fuel to convenience stores, independent dealers, commercial customers, and distributors. Atlas Resource Partners LP (NYSE: ARP), EV Energy Partners LP (NASDAQ: EVEP), and Vanguard Natural Resources LLC (NASDAQ: VNR) will be removed from the two indices following the close of business on March 20.
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.