Tortoise Index Solutions Announces Index Updates for First Quarter 2016

LEAWOOD, Kan.--()--Tortoise Index Solutions today announced upcoming additions and deletions to its indices as part of their regular quarterly rebalancing for the first quarter of 2016, as follows. Following the close of trading on March 18, 2016, the indices will be rebalanced and as a result, the following changes will become effective.

     

Tortoise North American Pipeline IndexSM

(TNAP/TNAPT)

Action       Company       Ticker
Removal       Blueknight Energy Partners, L.P.       BKEP
Removal       Boardwalk Pipeline Partners, LP       BWP
Removal       CSI Compressco LP       CCLP
Removal       JP Energy Partners LP       JPEP
Removal       Southcross Energy Partners, L.P.       SXE
Removal       USD Partners LP       USDP
           

There were no additions as a result of the first quarter rebalance. The full constituent list can be viewed at www.tortoiseindexsolutions.com/tnap/constituents.

     
Tortoise MLP Index®

(TMLP/TMLPT)

Action       Company       Ticker
Addition       Enviva Partners, LP       EVA
Removal       Blueknight Energy Partners, L.P.       BKEP
Removal       Boardwalk Pipeline Partners, LP       BWP
Removal       CNX Coal Resources LP       CNXC
Removal       CSI Compressco LP       CCLP
Removal       JP Energy Partners LP       JPEP
Removal       Seadrill Partners LLC       SDLP
Removal       Southcross Energy Partners, L.P.       SXE
Removal       Teekay LNG Partners L.P.       TGP
Removal       Teekay Offshore Partners L.P.       TOO
Removal       USD Partners LP       USDP
           

The full constituent list can be viewed at www.tortoiseindexsolutions.com/tmlp/constituents.

     
Tortoise North American Oil & Gas Producers IndexSM

(TNEP/TNEPT)

Action       Company       Ticker
Removal       Baytex Energy Corp.       BTE CN
Removal       Denbury Resources Inc.       DNR
Removal       Enerplus Corporation       ERF
Removal       EP Energy Corporation       EPE
Removal       MEG Energy Corp.       MEG CN
Removal       SM Energy Company       SM
Removal       Synergy Resources Corporation       SYRG
           

There were no additions as a result of the first quarter rebalance. The full constituent list can be viewed at www.tortoiseindexsolutions.com/tnep/constituents.

About Tortoise Index Solutions

Tortoise Index Solutions, LLC provides research-driven indices that can be used as a realistic basis for exchange-traded products and thought leadership in the universe of essential assets. Its indices are intended to fill a void in the market and provide benchmarks and investible asset class universes for use by investment professionals, research analysts and industry executives to analyze relative performance, as well as to provide a basis for passively managed exchange-traded products. Tortoise Index Solutions, LLC is affiliated with Tortoise Capital Advisors, L.L.C., a registered investment manager specializing in actively managed listed energy investing. As of Feb. 29, 2016, Tortoise Capital Advisors had approximately $12.0 billion of assets under management in listed closed-end funds, mutual funds, private funds and separate accounts. For more information about Tortoise Index Solutions, LLC visit www.tortoiseindexsolutions.com. For more information about Tortoise Capital Advisors, L.L.C., visit www.tortoiseadvisors.com.

About Tortoise North American Pipeline IndexSM

The Tortoise North American Pipeline Index is a float-adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. A pipeline company is defined as a company that either 1) has been assigned a standard industrial classification (“SIC”) system code that indicates the company operates in the energy pipeline industry or 2) has at least 50% of its assets, cash flow or revenue associated with the operation or ownership of energy pipelines.

About Tortoise MLP Index®

The Tortoise MLP Index® is a float-adjusted, capitalization weighted index of energy master limited partnerships (MLPs). The index is comprised of publicly traded companies organized in the form of limited partnerships or limited liability companies engaged in transportation, production, processing and/or storage of energy commodities.

About Tortoise North American Oil & Gas Producers IndexSM

The Tortoise North American Oil & Gas Producers Index℠ is a float-adjusted, capitalization weighted index of North American energy companies primarily engaged in the production of crude oil, condensate, natural gas or natural gas liquids (NGLs). The index includes exploration and production companies structured as corporations, limited liability companies and master limited partnerships but excludes United States royalty trusts.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

The indices are the exclusive property of Tortoise Index Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to calculate and maintain the Tortoise MLP Index®, Tortoise North American Pipeline IndexSM and Tortoise North American Oil and Gas Producers IndexSM (each an “Index”). S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and, these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) have been licensed for use by Tortoise Index Solutions, LLC and its affiliates. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

No portion of this publication may be reproduced in any format or by any means including electronically or mechanically, by photocopying, or by any other form or manner whatsoever, without the prior written consent of Tortoise Index Solutions, LLC.

Contacts

Tortoise Index Solutions, LLC
Pam Kearney, 844-872-1562
Investor and Media Relations
info@tortoiseindexsolutions.com

Contacts

Tortoise Index Solutions, LLC
Pam Kearney, 844-872-1562
Investor and Media Relations
info@tortoiseindexsolutions.com