MarkWest 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.
MarkWest Energy raises FY14 DCF view to $680M-$700M As a result of strong year-to-date operational and financial performance, the Partnership is increasing its 2014 DCF guidance to a range of $680M-$700M and 2014 Adjusted EBITDA to a range of $860M-$880M. Achieving the mid-point of these revised ranges would result in year-over-year DCF growth of 43 percent and year-over-year Adjusted EBITDA growth of 44%.