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Stock Market & Financial Investment News

News Breaks
January 23, 2013
19:34 EDTMWEMarkWest Energy increases quarterly distribution to 82c per common unit
MarkWest Energy Partners announced that the board of the General Partner of MarkWest Energy Partners declared a cash distribution of 82c per common unit for 4Q12, for an implied annual rate of $3.28 per common unit. The 4Q12 distribution represents an increase of 6c per common unit, or 7.9%, compared to the 4Q11 distribution and an increase of 1c per common unit, or 1.2 %, compared to the 3Q12 distribution. The 4Q12 distribution is payable February 14 to unitholders of record on February 6. The ex-dividend date is February 4.
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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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