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Stock Market & Financial Investment News

News Breaks
June 4, 2014
18:23 EDTMWEMarkWest Energy, The Energy & Minerals Group to expand Hopedale complex
MarkWest Energy Partners and The Energy & Minerals Group announced plans to add additional capacity at their Hopedale fractionation and marketing complex in Harrison County, Ohio in order to meet growing natural gas liquids production in the Utica and Marcellus Shales under new contracted commitments from numerous producer customers. The Hopedale complex is jointly owned by a subsidiary of MarkWest and MarkWest Utica EMG, a joint venture between the Partnership and EMG. The expansion will double the propane and heavier fractionation capacity at the Hopedale complex to 120,000 barrels per day and is expected to be operational in the first quarter of 2015. MarkWest and MarkWest Utica EMG are committed to developing world-class fractionation capacity in the Northeast, as these facilities are critical for producers achieving the highest price for their valuable NGLs. Once the Hopedale expansion is complete, MarkWest will operate 300,000 Bbl/d of ethane and heavier fractionation capacity at four complexes in the Northeast. The Partnership also has an NGL gathering pipeline connecting its Hopedale complex to its industry-leading NGL infrastructure in the Marcellus Shale. NGL takeaway solutions to the Gulf Coast and international markets will be complementary to existing fractionation infrastructure and will provide producers with additional market outlets that are crucial to the long-term development of the region.
News For MWE From The Last 14 Days
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July 29, 2015
10:41 EDTMWEOptions with increasing implied volatility
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10:27 EDTMWEOptions with decreasing implied volatility
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July 21, 2015
05:10 EDTMWEMarkWest Energy raises quarterly dividend by 1c to 92c per unit
MarkWest Energy announced that the board of the General Partner of MarkWest Energy Partners, declared a cash distribution of 92c per common unit for Q2, for an implied annual rate of $3.68 per common unit. The Q2 distribution represents an increase of 1c per common unit, or 1.1%, compared to the Q1 distribution. The Q2 distribution is payable August 14, to unitholders of record on August 6. The ex-dividend date is August 4.
July 20, 2015
10:13 EDTMWEOptions with decreasing implied volatility
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07:11 EDTMWEMPLX, MarkWest Energy provide supplimental information about merger
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