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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.09
MWE's Cash to Debt is ranked higher than
82% of the 124 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.06 vs. MWE: 0.09 )
MWE' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.09

Equity to Asset 0.44
MWE's Equity to Asset is ranked higher than
85% of the 125 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.38 vs. MWE: 0.44 )
MWE' s 10-Year Equity to Asset Range
Min: 0.03   Max: 0.7
Current: 0.44

0.03
0.7
Interest Coverage 1.62
MWE's Interest Coverage is ranked higher than
56% of the 103 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.53 vs. MWE: 1.62 )
MWE' s 10-Year Interest Coverage Range
Min: 1.48   Max: 9999.99
Current: 1.62

1.48
9999.99
F-Score: 4
Z-Score: 1.63
M-Score: -2.29
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 14.79
MWE's Operating margin (%) is ranked higher than
80% of the 128 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.67 vs. MWE: 14.79 )
MWE' s 10-Year Operating margin (%) Range
Min: -10   Max: 28.71
Current: 14.79

-10
28.71
Net-margin (%) 2.29
MWE's Net-margin (%) is ranked higher than
70% of the 128 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.40 vs. MWE: 2.29 )
MWE' s 10-Year Net-margin (%) Range
Min: -16.07   Max: 30.84
Current: 2.29

-16.07
30.84
ROE (%) 0.93
MWE's ROE (%) is ranked higher than
64% of the 136 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.79 vs. MWE: 0.93 )
MWE' s 10-Year ROE (%) Range
Min: -99.92   Max: 35.59
Current: 0.93

-99.92
35.59
ROA (%) 0.41
MWE's ROA (%) is ranked higher than
65% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.01 vs. MWE: 0.41 )
MWE' s 10-Year ROA (%) Range
Min: -3.94   Max: 24.7
Current: 0.41

-3.94
24.7
ROC (Joel Greenblatt) (%) 3.20
MWE's ROC (Joel Greenblatt) (%) is ranked higher than
62% of the 130 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.61 vs. MWE: 3.20 )
MWE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.73   Max: 23.76
Current: 3.2

-3.73
23.76
Revenue Growth (%) -15.10
MWE's Revenue Growth (%) is ranked higher than
59% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.60 vs. MWE: -15.10 )
MWE' s 10-Year Revenue Growth (%) Range
Min: -25.1   Max: 42.9
Current: -15.1

-25.1
42.9
EBITDA Growth (%) -6.30
MWE's EBITDA Growth (%) is ranked higher than
67% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.80 vs. MWE: -6.30 )
MWE' s 10-Year EBITDA Growth (%) Range
Min: -31.8   Max: 62.3
Current: -6.3

-31.8
62.3
EPS Growth (%) 188.40
MWE's EPS Growth (%) is ranked higher than
99% of the 104 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.40 vs. MWE: 188.40 )
MWE' s 10-Year EPS Growth (%) Range
Min: 0   Max: 233.5
Current: 188.4

0
233.5
» MWE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

MWE Guru Trades in Q3 2013

Jim Simons 116,845 sh (+340.18%)
Chuck Akre 304,935 sh (+129.73%)
John Keeley 18,420 sh (unchged)
» More
Q4 2013

MWE Guru Trades in Q4 2013

Chuck Akre 704,935 sh (+131.18%)
Jim Simons 141,445 sh (+21.05%)
John Keeley 18,738 sh (+1.73%)
» More
Q1 2014

MWE Guru Trades in Q1 2014

Chase Coleman 365,000 sh (New)
Chuck Akre 706,965 sh (+0.29%)
Jim Simons Sold Out
John Keeley 15,748 sh (-15.96%)
» More
Q2 2014

MWE Guru Trades in Q2 2014

Jim Simons 423,445 sh (New)
John Keeley 15,748 sh (unchged)
Chuck Akre 706,965 sh (unchged)
Chase Coleman Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with MWE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Chuck Akre 2013-12-31 Add 131.18%0.96%$62.95 - $75.35 $ 76.4810%704935
Chuck Akre 2013-09-30 Add 129.73%0.53%$65.81 - $71.57 $ 76.4812%304935
Chuck Akre 2013-06-30 Add 30.22%0.09%$57.69 - $69.4 $ 76.4819%132735
Chuck Akre 2013-03-31 New Buy0.35%$51.01 - $61.12 $ 76.4836%101935
John Keeley 2012-12-31 Add 313.93%0.02%$46.5 - $55.82 $ 76.4847%18420
John Keeley 2012-06-30 Add 42.06%0.01%$45.87 - $60.02 $ 76.4842%17900
Mario Gabelli 2011-06-30 Sold Out $42.95 - $51.53 $ 76.4861%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/B 3.00
MWE's P/B is ranked higher than
55% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.94 vs. MWE: 3.00 )
MWE' s 10-Year P/B Range
Min: 0.35   Max: 33.35
Current: 3

0.35
33.35
P/S 6.90
MWE's P/S is ranked lower than
68% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.75 vs. MWE: 6.90 )
MWE' s 10-Year P/S Range
Min: 0.24   Max: 7
Current: 6.9

0.24
7
EV-to-EBIT 102.62
MWE's EV-to-EBIT is ranked higher than
64% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 28.35 vs. MWE: 102.62 )
MWE' s 10-Year EV-to-EBIT Range
Min: 4.2   Max: 103.3
Current: 102.62

4.2
103.3
Shiller P/E 58.00
MWE's Shiller P/E is ranked lower than
52% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 43.10 vs. MWE: 58.00 )
MWE' s 10-Year Shiller P/E Range
Min: 7.96   Max: 406.75
Current: 58

7.96
406.75
Current Ratio 1.01
MWE's Current Ratio is ranked higher than
75% of the 119 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.03 vs. MWE: 1.01 )
MWE' s 10-Year Current Ratio Range
Min: 0.26   Max: 1.36
Current: 1.01

0.26
1.36
Quick Ratio 0.92
MWE's Quick Ratio is ranked higher than
78% of the 119 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.90 vs. MWE: 0.92 )
MWE' s 10-Year Quick Ratio Range
Min: 0.26   Max: 1.33
Current: 0.92

0.26
1.33

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.60
MWE's Dividend Yield is ranked higher than
62% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.03 vs. MWE: 4.60 )
MWE' s 10-Year Dividend Yield Range
Min: 4.42   Max: 32.58
Current: 4.6

4.42
32.58
Dividend Payout 16.99
MWE's Dividend Payout is ranked higher than
60% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.49 vs. MWE: 16.99 )
MWE' s 10-Year Dividend Payout Range
Min: 0.05   Max: 80
Current: 16.99

0.05
80
Dividend growth (3y) 9.30
MWE's Dividend growth (3y) is ranked higher than
82% of the 90 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.80 vs. MWE: 9.30 )
MWE' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 65.2
Current: 9.3

0
65.2
Yield on cost (5-Year) 6.67
MWE's Yield on cost (5-Year) is ranked higher than
65% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.82 vs. MWE: 6.67 )
MWE' s 10-Year Yield on cost (5-Year) Range
Min: 6.4   Max: 47.21
Current: 6.67

6.4
47.21
Share Buyback Rate -31.80
MWE's Share Buyback Rate is ranked higher than
57% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -11.80 vs. MWE: -31.80 )
MWE' s 10-Year Share Buyback Rate Range
Min: 0   Max: -45.3
Current: -31.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.00
MWE's Price/Tangible Book is ranked higher than
63% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.10 vs. MWE: 4.00 )
MWE' s 10-Year Price/Tangible Book Range
Min: 0.86   Max: 12.12
Current: 4

0.86
12.12
Price/Median PS Value 4.70
MWE's Price/Median PS Value is ranked lower than
63% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.30 vs. MWE: 4.70 )
MWE' s 10-Year Price/Median PS Value Range
Min: 0.17   Max: 5.57
Current: 4.7

0.17
5.57
Price/Graham Number 10.30
MWE's Price/Graham Number is ranked higher than
50% of the 139 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.60 vs. MWE: 10.30 )
MWE' s 10-Year Price/Graham Number Range
Min: 0.3   Max: 11.14
Current: 10.3

0.3
11.14
Earnings Yield (Greenblatt) 1.00
MWE's Earnings Yield (Greenblatt) is ranked lower than
56% of the 126 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.00 vs. MWE: 1.00 )
MWE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1   Max: 24.1
Current: 1

1
24.1
Forward Rate of Return (Yacktman) 0.71
MWE's Forward Rate of Return (Yacktman) is ranked higher than
68% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.91 vs. MWE: 0.71 )
MWE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -9.8   Max: 50.7
Current: 0.71

-9.8
50.7

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream
Compare:WES, ENB, ETE, KMP, SE » details
Traded in other countries:MWT.Germany
MarkWest Energy Partners, L.P., a Delaware corporation was formed on January 2002. The Company is involved in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil. The Company conducts its operations in four geographical operating segments: Southwest, Northeast, Liberty and Utica. The Soutwest segment includes East Texas, Oklahoma, Javelina and Other Southwest areas. Its East Texas system consists of natural gas gathering pipelines, centralized compressor stations, a natural gas processing facility and an NGL pipeline. The East Texas system is located in Panola, Harrison and Rusk Counties and services the Carthage Field. Producing formations in Panola County consist of the Cotton Valley, Pettit Travis Peak, Haynesville and Bossier formations. The Company owns an extensive natural gas gathering system in the Woodford Shale play in the Arkoma Basin of southeast Oklahoma. It owns and operates the Javelina processing and fractionation facility in Corpus Christi, Texas that treats, processes and fractionates off-gas from six local refineries operated by three different refinery customers. The Company owns a number of natural gas gathering systems and lateral pipelines located in Texas, Louisiana and New Mexico, including the Appleby gathering system in Nacogdoches County, Texas. The Northeast segment includes Kentucky and southern West Virginia and Michigan. The assets of this segment include the Kenova, Boldman, Cobb, Kermit and the Langley natural gas processing complexes, an NGL pipeline, and the Siloam NGL fractionation facility. The Company owns and operates a FERC-regulated crude oil pipeline in Michigan providing interstate transportation service. The Liberty segment includes Marcellus Shale; the Company provides natural gas midstream services in southwest Pennsylvania and northern West Virginia through MarkWest Liberty Midstream. On January 1, 2012, the Company formed MarkWest Utica EMG, a joint venture with EMG focused on the development of fully integrated midstream services in the Utica Shale in eastern Ohio. The Company's competitors include natural gas midstream providers, of varying financial resources and experience, that gather, transport, process, fractionate, store and market natural gas and NGLs, major integrated oil companies, medium and large sized independent exploration and production companies and major interstate and intrastate pipelines. Its business is subject to federal, state and local laws and regulations with respect to environmental, safety and other regulatory matters.
» More Articles for MWE

Headlines

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