Markwest Energy Partners, LP (MWE)

[dan_s]

Markwest is in our High Yield Income Portfolio. It is a midstream MLP. It was selected for the portfolio because I believe it has solid growth locked in + a strong likelihood of increasing distributions to unitholders year-after-year.

Based on my forecast, distributions should be $3.38 this year for an annual yield of 5.6% based on today's unit price.

Since the majority of Markwest's revenues come from long-term fee based contracts, it has low exposure to fluctuations in commodity prices. I also like their growth potential in the Marcellus and Utica shales.

[dan_s]

I just posted an new profile for MWE under the MLP Tab.