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Stock Market & Financial Investment News

News Breaks
June 2, 2014
06:06 EDTMWE, REXXMarkWest Energy announces commencement of Bluestone II
MarkWest Energy (MWE) announced the commencement of Bluestone II, a 120 million cubic feet per day cryogenic processing facility. The Bluestone II plant is part of the Partnership’s Keystone assets in Butler County, Pennsylvania and increases processing capacity for Marcellus producers operating in the rich-gas area of northwest Pennsylvania to 210 MMcf/d. Concurrently with the new processing plant, MarkWest has also completed 20,000 barrels per day of ethane and heavier fractionation capacity at the Bluestone facility, and a 32 mile purity ethane pipeline connecting to Mariner West. The Bluestone II plant primarily supports the expanding production of Rex Energy (REXX). Rex Energy now has 190 MMcf/d of dedicated processing capacity at MarkWest’s Keystone facilities, which also consist of 50 MMcf/d of capacity at the Bluestone I plant and 40 MMcf/d of capacity at the Sarsen facility. MarkWest continues to develop its rich-gas gathering system throughout Butler County and surrounding areas in order to support the continued growth of its processing facilities.
News For MWE;REXX From The Last 14 Days
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July 24, 2014
16:51 EDTMWEMarkWest Energy increases quarterly dividend by 4.8% to 88c
MarkWest Energy Partners announced that the board of the General Partner of MarkWest Energy Partners declared a cash distribution of 88c per common unit for Q2, for an implied annual rate of $3.52 per common unit. The Q2 distribution represents an increase of 4c per common unit, or 4.8%, compared to 2Q13. The Q2 distribution is payable August 14 to unitholders of record on August 5. The ex-dividend date is August 1.
July 23, 2014
09:06 EDTMWEMarkWest Energy downgraded to Accumulate from Speculative Buy at Global Hunter
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July 17, 2014
10:00 EDTREXXOn The Fly: Analyst Initiation Summary
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July 16, 2014
17:35 EDTREXXRex Energy initiated with a Hold at Canaccord
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