MarkWest Energy sees 2014 fee-based net operating margin over 70%

MarkWest Energy (MWE +2.5%) says in a slide presentation at its investor conference that it expects 2014 fee-based net operating margin to exceed 70%.

MWE guides 2014 distributable cash flow at $600M-$900M and 7% Y/Y distribution growth in 2015 and 10% in 2016, and says it has completed a significant portion of its 2014 equity financing plan.

The company continues to forecast 2014 capex of $2B-$3B.

From other sites
Comments (1)
  • allday1234
    , contributor
    Comments (892) | Send Message
    Finally appears as it it will start going upwards
    6 Jun 2014, 03:50 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs