Last €55.85 EUR
Change Today +1.00 / 1.82%
Volume 0.0
MWT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:09 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

markwest energy partners lp (MWT) Snapshot

Open
€56.18
Previous Close
€54.85
Day High
€56.18
Day Low
€55.85
52 Week High
09/8/14 - €61.77
52 Week Low
05/7/14 - €44.45
Market Cap
10.8B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
177.0M
EX-Date
08/1/14
P/E TM
--
Dividend
€3.32
Dividend Yield
4.46%
Current Stock Chart for MARKWEST ENERGY PARTNERS LP (MWT)

markwest energy partners lp (MWT) Related Businessweek News

No Related Businessweek News Found

markwest energy partners lp (MWT) Details

MarkWest Energy Partners, L.P. is engaged in the gathering, processing, and transportation of natural gas. The company is also engaged in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil. It has presence in unconventional gas plays, including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale, and Granite Wash formation. MarkWest Energy GP, L.L.C. serves as the general partner of the company. MarkWest Energy Partners, L.P. was founded in 1988 and is headquartered in Denver, Colorado.

1,139 Employees
Last Reported Date: 02/26/14
Founded in 1988

markwest energy partners lp (MWT) Top Compensated Officers

Chairman of Markwest Energy GP LLC, Chief Exe...
Total Annual Compensation: $576.5K
Chief Financial Officer of Markwest Energy GP...
Total Annual Compensation: $376.5K
Chief Operations Officer of Markwest Energy G...
Total Annual Compensation: $411.5K
Chief Commercial Officer of Markwest Energy G...
Total Annual Compensation: $411.5K
Executive Vice President of Markwest Energy G...
Total Annual Compensation: $376.5K
Compensation as of Fiscal Year 2013.

markwest energy partners lp (MWT) Key Developments

MarkWest Energy Partners Seeks Acquisitions

MarkWest Energy Partners, L.P. (NYSE:MWE) has filed a shelf registration in the amount of $1,500.00 million. MarkWest Energy Partners will use a portion of the proceeds for funding working capital, capital expenditures or acquisitions.

MarkWest Announces Expansion of Midstream Infrastructure in Butler County

MarkWest Energy Partners, L.P. has announced an expansion of midstream infrastructure at its Keystone complex in Butler County, Pennsylvania, to support gas production from the Marcellus Shale and Upper Devonian formations. The expansion will be supported by new agreements with Rex Energy Corporation ("Rex Energy") and EdgeMarc Energy ("EM Energy"). As part of these agreements, MarkWest will construct Bluestone III and IV, both of which are 200 million cubic feet per day (MMcf/d) plants that are expected to begin operations during the fourth quarter of 2015 and the second quarter of 2016, respectively. In addition, the Partnership will construct 40,000 barrels per day (Bbl/d) of additional de-ethanization capacity and over 20,000 Bbl/d of additional propane and heavier NGL fractionation capacity. The Keystone complex currently consists of the Bluestone processing and fractionation complex and the Sarsen processing facility which combined currently provide 210 MMcf/d of processing capacity and 26,500 Bbl/d of fractionation capacity. The Keystone complex is anchored by Rex Energy and in May 2014, MarkWest began operations of the 120 MMcf/d Bluestone II plant and 10,000 Bbl/d each of ethane and propane plus fractionation capacity to continue supporting Rex Energy's growing rich-gas production. In addition to the new Bluestone processing and fractionation plants, the Partnership completed a 32 mile purity ethane pipeline connecting the Bluestone facility to Sunoco's Mariner West pipeline project. In conjunction with additional processing and fractionation infrastructure, MarkWest continues to develop its rich-gas gathering system throughout Butler County and surrounding areas in order to support the growth of its producer customers' production.

Rex Energy Corporation Signs Agreements with MarkWest Energy Partners, L.P. to Expand Processing Capacity in Butler Operated Area

Rex Energy Corporation has signed agreements with MarkWest Energy Partners, L.P. to expand processing capacity in the Butler Operated Area. MarkWest will increase the total processing capacity available in the Butler Operated Area through the construction of the Bluestone III and Bluestone IV processing and fractionation facilities at its Keystone Complex (which currently includes the Sarsen, Bluestone I and Bluestone II facilities). The Bluestone III facility, which is expected to be commissioned during the fourth quarter of 2015, will bring Rex Energy's total priority processing capacity in the Butler Operated Area to 280 MMcf/d. In addition, the company has secured incremental processing capacity above the 280 MMcf/d based upon plant performance and unused capacity of other operators. The Bluestone IV processing facility is expected to be commissioned during the second quarter of 2016 and will add approximately 125 MMcf/d of priority processing capacity, increasing the company's total priority processing capacity to 405 MMcf/d. The new arrangements also provide that MarkWest will install additional fractionation facilities at the Keystone Complex, and that Rex Energy has the right to incremental priority processing capacity in future expansions at the MarkWest Keystone complex.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MWT:GR €55.85 EUR +1.00

MWT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cabot Oil & Gas Corp $31.39 USD -0.095
EQT Corp $85.61 USD +0.35
Kinder Morgan Management LLC $95.53 USD +1.18
Range Resources Corp $68.57 USD -0.01
Regency Energy Partners LP $31.30 USD -0.11
View Industry Companies
 

Industry Analysis

MWT

Industry Average

Valuation MWT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.0x
Price/Book 2.7x
Price/Cash Flow 32.0x
TEV/Sales 4.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MARKWEST ENERGY PARTNERS LP, please visit www.markwest.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.