DENVER--(BUSINESS WIRE)--Jul. 20, 2015--
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 $0.92 per common unit for the second
quarter of 2015, for an implied annual rate of $3.68 per common unit.
The second quarter 2015 distribution represents an increase of $0.04 per
common unit, or 4.5 percent, compared to the second quarter 2014
distribution and an increase of $0.01 per common unit, or 1.1 percent,
compared to the first quarter 2015 distribution.
The second quarter 2015 distribution is payable August 14, 2015, to
unitholders of record on August 6, 2015. The ex-dividend date is August
MarkWest Energy Partners, L.P. is a master limited partnership that owns
and operates midstream services related businesses. MarkWest has a
leading presence in many natural gas resource plays including the
Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale,
Woodford Shale and Granite Wash formation where it provides midstream
services to its producer customers.
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. 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, 2014. 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.
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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