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MWE for Growth + Income
Posted: Sat Mar 01, 2014 12:54 pm
by dan_s
MarkWest Energy Partners LP (MWE): An updated Net Income & Cash Flow Forecast model has been posted under the MLP Tab.
Buy the dip.
Re: MWE for Growth + Income
Posted: Fri Apr 25, 2014 10:04 am
by gjames
Dan:
You still feeling good about MWE? Unit price is still struggling in spite of recent distribution increase. Just wanting to make sure I'm not missing something before adding more.
Thanks!
Re: MWE for Growth + Income
Posted: Fri Apr 25, 2014 10:37 am
by dan_s
MWE still looks solid to me. Based on my forecast model they should beat the current First Call EPS forecast for 2014 and have enough DCF to increase distributions to $0.90/unit/quarter by year-end. - Dan
April 23: MarkWest Energy Partners, L.P. (MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.87 per common unit for the first quarter of 2014, for an implied annual rate of $3.48 per common unit. The first quarter 2014 distribution represents an increase of $0.04 per common unit, or 4.8 percent, compared to the first quarter 2013 distribution and an increase of $0.01 per common unit, or 1.2 percent, compared to the fourth quarter 2013 distribution.
The first quarter 2014 distribution is payable May 15, 2014, to unitholders of record on May 7, 2014. The ex-dividend date is May 5, 2014.
MarkWest Energy Partners, L.P. (MWE) will announce first quarter 2014 financial results after market close on Wednesday, May 7, 2014, and will host a conference call to discuss the results at 12:00 p.m. ET on Thursday, May 8, 2014.