Alerian Announces Methodology Guide Update


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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 constituents earn the majority of their cash flow from midstream activities involving 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).

Index Characteristics

Index Symbol (Price Return)ANGI
Index Symbol (Total Return)ANGIX
Number of Constituents12
Market Capitalization$116 billion
Adjusted Market Capitalization$64 billion

Index Yield

Top 10 Constituents

ConstituentsSectorTickerPriceYieldMarket Cap (M)Index Weight
EQM Midstream Partners LPPipeline Transportation | Natural GasEQM$19.6523.6%$3,93911.8%
MPLX LPGathering & Processing MPLX$18.9914.3%$20,09810.5%
Cheniere Energy Partners LPLiquefactionCQP$33.747.4%$16,33110.4%
TC PipeLines LPPipeline Transportation | Natural GasTCP$35.157.4%$2,5069.9%
Enterprise Products Partners LPPipeline Transportation | Natural GasEPD$19.109.3%$41,6898.6%
Energy Transfer LPPipeline Transportation | Natural GasET$8.1615.0%$21,9808.0%
Western Midstream Partners LPGathering & Processing WES$9.3426.6%$4,2317.4%
CNX Midstream Partners LPGathering & Processing CNXM$7.2622.0%$4636.9%
Enable Midstream Partners LPGathering & Processing ENBL$4.1631.8%$1,8106.8%
DCP Midstream LPGathering & Processing DCP$11.0028.4%$2,2926.7%

Sector Weightings

The accuracy and/or completeness of any Alerian index, any data included therein, or any data from which it is based is not guaranteed by Alerian, and it shall have no liability for any errors, omissions, or interruptions therein. Alerian makes no warranties, express or implied, as to results to be obtained from use of information provided by Alerian and used in this service, and Alerian expressly disclaims all warranties of suitability with respect thereto. The Alerian Natural Gas MLP Index is the exclusive property of Alerian, which has contracted with Standard & Poors ("S&P") to maintain and calculate the Index. S&P shall have no liability for any errors or omissions in calculating the Index.

Last Updated: 05/22/20

Market Data

Alerian’s indexes are widely used by financial firms, industry stakeholders and professionals to support a variety of business functions. Alerian offers a range of end-of-day and historical index data subscriptions.

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