Seeking Alpha

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.
Comments (1)
  • allday1234
    , contributor
    Comments (195) | Send Message
     
    Finally appears as it it will start going upwards
    6 Jun 2014, 03:50 PM Reply Like
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