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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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May 6, 2015
09:11 EDTMWEMarkWest Energy backs FY15 Adjusted EBITDA view $925M-$1.025B
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09:10 EDTMWEMarkWest Energy reports Q1 EPS (5c), consensus 15c
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May 5, 2015
16:14 EDTREXXRex Energy raises FY15 production view to 193-203 MMcfe/d from 185-195 MMcfe/d
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16:13 EDTREXXRex Energy sees Q2 production 199-205 MMcfe/d
16:12 EDTREXXRex Energy reports Q1 production 196.2 MMcfe/d, up 61% y/y
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16:12 EDTREXXRex Energy reports Q1 adjusted EPS (11c), consensus (23c)
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15:02 EDTMWENotable companies reporting before tomorrow's open
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May 3, 2015
16:13 EDTMWEMarkWest Energy CCO Nickerson to depart early 2016, Floerke appointed CCO
MarkWest Energy announced that Randy Nickerson, EVP and Chief Commercial Officer, will be retiring in early 2016. Until his retirement, Nickerson will continue to develop strategic NGL downstream projects in the Northeast and, following his retirement, Nickerson will continue to provide consulting services to MarkWest. Effective June 1, Greg Floerke, currently SVP of Northeast Operations, will be promoted to EVP and Chief Commercial Officer, reporting to the company's CEO. As a result of these changes, the responsibilities of Nancy Buese, EVP and CFO, will be expanded to include M&A and JV management. The responsibilities of John Mollenkopf, EVP and COO, will also be expanded to include the NGL and gas marketing functions.
April 22, 2015
20:00 EDTMWEMarkWest Energy raises Q1 distribution by 1c to 91c per unit
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