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Stock Market & Financial Investment News

News Breaks
June 2, 2014
06:06 EDTREXX, MWEMarkWest 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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December 18, 2014
09:41 EDTMWEMarkWest Energy downgraded to Buy from Conviction Buy at Goldman
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08:03 EDTREXXRex Energy downgraded to Market Perform from Outperform at Wells Fargo
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December 11, 2014
06:45 EDTREXXRex Energy management to meet with SunTrust
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