DENVER -- (Business Wire)
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 $0.82 per common unit for the
fourth quarter of 2012, for an implied annual rate of $3.28 per common
unit. The fourth quarter 2012 distribution represents an increase of
$0.06 per common unit, or 7.9 percent, compared to the fourth quarter
2011 distribution and an increase of $0.01 per common unit, or 1.2
percent, compared to the third quarter 2012 distribution.
The fourth quarter 2012 distribution is payable February 14, 2013, to
unitholders of record on February 6, 2013. The ex-dividend date is
February 4, 2013.
MarkWest Energy Partners, L.P. is a master limited partnership engaged
in the gathering, transportation, and processing of natural gas; the
transportation, fractionation, marketing, and storage of natural gas
liquids; and the gathering and transportation of crude oil. MarkWest has
extensive natural gas gathering, processing, and transmission operations
in the southwest, Gulf Coast, and northeast regions of the United
States, including the Marcellus Shale, and is the largest natural gas
processor and fractionator in the Appalachian region.
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, 2011 and its Quarterly Reports on
Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and
September 30, 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.
Contacts:
MarkWest Energy Partners, L.P.
Frank Semple, 866-858-0482
Chairman,
President & CEO
or
Nancy Buese, 866-858-0482
Senior
VP & CFO
or
Josh Hallenbeck, 866-858-0482
VP of
Finance & Treasurer
investorrelations@markwest.com
Source: MarkWest Energy Partners, L.P.
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