MWE

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dan_s
Posts: 37392
Joined: Fri Apr 23, 2010 8:22 am

MWE

Post by dan_s »

Note I received from analyst's report (Stifel) that I got this morning.

"MarkWest continues to build a dominant footprint position within the Marcellus/Utica plays. At the end of 2012 MWE had
1.1 of Bcf processing capacity which will double to 2.2 Bcf by the end of 2013 and be approximately 3 Bcf in 2014. In
addition, we note they just entered the Eagle Ford shale play and we would anticipate a rapid build-up of assets to
compete there. We continue with our Buy rating for the rapidly growing MLP and are raising our target price to $73.00."

This is also bullish for GPOR.
Dan Steffens
Energy Prospectus Group
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