Post Tagged with: "MarkWest"

Fox to Marathon: Don’t Put MPLX in the Penalty Box

Fox to Marathon: Don’t Put MPLX in the Penalty Box

MarkWest Co-Founder John Fox confirms stance that Marathon Petroleum should eliminate IDRs before refinery dropdowns

John M. Fox, co-founder and former chairman and CEO of MarkWest Hydrocarbon, which merged with Marathon Petroleum’s MPLX LP (ticker: MPLX) in December 2015, issued …

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy:  Sold.  “For Pennies on the Dollar.”  Unitholders Say “No” on Management Bonus Payments

MarkWest Energy Partners (ticker: MWE) distributed a news release announcing that unitholders approved the merger with MPLX (ticker: MPLX), an MLP created by Marathon Petroleum …

Marathon Petroleum had Competitors for MarkWest

Via Columbus Business Journal

Marathon Petroleum had 2 competitors for MarkWest, filing reveals

New details from a Marathon Petroleum Corp. subsidiary reveal two other companies were fighting for the rights to acquire MarkWest Energy Partners, a $2.01 billion oil and …

August 24, 2015 - 1:36 pm Energy News
MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

Combined Companies will Create Fourth Largest MLP

MPLX LP (ticker: MPLX), the master limited partnership (MLP) vehicle of Marathon Petroleum (ticker: MPC), has announced the oil and gas industry’s third-largest acquisition to date in 2015.

According to news releases from …

July 13, 2015 - 6:16 pm Midstream, MLPs, Oil and Gas 360 Articles
MarkWest Continues Growth Plans Despite Lower Prices

MarkWest Continues Growth Plans Despite Lower Prices

$1.5 to $1.9 billion in 2015 growth capital

Denver based MarkWest Energy Partners LP (ticker: MWE) remains focused on growth, even as oil prices remain low. A recent presentation from the company says the company currently has 20 major projects …

June 22, 2015 - 6:53 pm Midstream, MLPs, Oil and Gas 360 Articles
MarkWest Energy Partners Adjusts Near-Term Plans in 2015 Analyst Day

MarkWest Energy Partners Adjusts Near-Term Plans in 2015 Analyst Day

Maintains 10% CAGR Distribution Through 2020

MarkWest Energy Partners (ticker: MWE), one of the largest Master Limited Partnerships (MLP) in the oil and gas industry, outlined its near-term plans in its 2015 Analyst Day on June 3. The Denver-based midstream …

June 4, 2015 - 7:09 pm Midstream, MLPs, Oil and Gas 360 Articles
MarkWest to Provide Services for Cimarex and Chevron in the Permian

MarkWest to Provide Services for Cimarex and Chevron in the Permian

MarkWest Energy Partners Announces New Commercial Agreements to Provide Processing Services for Cimarex and Chevron in the Permian Basin

MarkWest Energy Partners, L.P. (MWE) (“MarkWest”) announced today the completion of long-term, fee-based agreements to support producer development in …

June 2, 2015 - 6:14 pm MLPs
MarkWest Increases Distribution

MarkWest Increases Distribution

MarkWest plans on increasing distribution thru 2020

During the company’s conference call today, Frank Semple, Chairman, President and Chief Executive Officer of MarkWest Energy Partners (ticker: MWE) announced that MWE expects to increase its distribution to approximately $3.70 for this …

February 25, 2015 - 6:44 pm Earnings, MLPs, Oil and Gas 360 Articles