Surging Marcellus Output With Utica Upside Makes MarkWest A Solid Buy
- MarkWest Energy Partners lets income investors profit off the Marcellus/Utica production boom.
- By aggressively expanding its Marcellus/Utica presence, MarkWest will be able to grow its distribution as its coverage ratio stands at 1.04.
- From 2010 to 2014, Marcellus output rose from 2 Bcf/d to 15 Bcf/d, and by 2020 that could rise to 20 Bcf/d.
- MarkWest is also pushing deeper into the Utica shale, a smart move that allows it to strategically position itself in a promising emerging play.