DENVER--(BUSINESS WIRE)--Apr. 25, 2013--
MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the
Board of Directors of the General Partner of MarkWest Energy Partners,
L.P., declared a cash distribution of $0.83 per common unit for the
first quarter of 2013, for an implied annual rate of $3.32 per common
unit. The first quarter 2013 distribution represents an increase of
$0.04 per common unit, or 5.1 percent, compared to the first quarter
2012 distribution and an increase of $0.01 per common unit, or 1.2
percent, compared to the fourth quarter 2012 distribution.
The first quarter 2013 distribution is payable May 15, 2013, to
unitholders of record on May 7, 2013. The ex-dividend date is May 3,
MarkWest Energy Partners, L.P. is a master limited partnership engaged
in the gathering, processing and transportation of natural gas; the
gathering, transportation, fractionation, storage and marketing of
natural gas liquids; and the gathering and transportation of crude oil.
MarkWest has a leading presence in many unconventional gas plays
including the Marcellus Shale, Utica Shale, Huron/Berea Shale,
Haynesville Shale, Woodford Shale and Granite Wash formation.
This press release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat one
hundred percent (100.0%) of MarkWest’s distributions to non-U.S.
investors as being attributable to income that is effectively connected
with a United States trade or business. Accordingly, MarkWest’s
distributions to non-U.S. investors are subject to federal income tax
withholding at the highest applicable effective tax rate.
This press release includes “forward-looking statements.” All statements
other than statements of historical facts included or incorporated
herein may constitute forward-looking statements. Actual results could
vary significantly from those expressed or implied in such statements
and are subject to a number of risks and uncertainties. Although
MarkWest believes that the expectations reflected in the forward-looking
statements are reasonable, MarkWest can give no assurance that such
expectations will prove to be correct. The forward-looking statements
involve risks and uncertainties that affect operations, financial
performance, and other factors as discussed in filings with the
Securities and Exchange Commission (SEC). Among the factors that could
cause results to differ materially are those risks discussed in the
periodic reports filed with the SEC, including MarkWest’s Annual Report
on Form 10-K for the year ended December 31, 2012. You are urged to
carefully review and consider the cautionary statements and other
disclosures made in those filings, specifically those under the heading
“Risk Factors.” MarkWest does not undertake any duty to update any
forward-looking statement except as required by law.
Source: MarkWest Energy Partners, L.P.
MarkWest Energy Partners, L.P.
Frank Semple, 866-858-0482
President & CEO
Nancy Buese, 866-858-0482
VP & CFO
Josh Hallenbeck, 866-858-0482
Finance & Treasurer