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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.

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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

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» MWE's 30-Y Financials

Financials


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Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Guru Trades

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MWE Guru Trades in

Q2 2015

MWE Guru Trades in Q2 2015

Keeley Asset Management Corp 5,369 sh (unchged)
Chuck Akre Sold Out
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Q3 2015

MWE Guru Trades in Q3 2015

Keeley Asset Management Corp Sold Out
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Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream  
Compare:NYSE:WGP, NYSE:TRGP, NYSE:BPL, NYSE:SHLX, NYSE:OKE, AMEX:CQP, NYSE:WES, AMEX:LNG, NYSE:EEP, OTCPK:IPPLF, NYSE:ENBL, NYSE:PBA, NYSE:MPLX, NYSE:AM, AMEX:CQH, NYSE:ENLK, NYSE:SEP, NYSE:EQM, NYSE:TLLP, OTCPK:KEYUF » details
Traded in other countries:MWT.Germany,
Headquarter Location:USA


MarkWest Energy Partners LP a Delaware corporation was formed in Delaware on January 24, 2002. The Company is engaged 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 has presence in many unconventional gas plays including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale and Granite Wash formation. The Company conducts operations in the following operating segments: Marcellus, Utica, Northeast and Southwest. Its primary business is to provide top-tier midstream services by developing and operating high-quality, strategically located assets in the liquids-rich areas of six core natural gas producing resource plays in the United States. The Company provides services in the midstream sector of the natural gas industry. The midstream natural gas industry is the link between the exploration for and production of natural gas and the delivery of its hydrocarbon components to end-use markets. In the Marcellus segment, it provides fully integrated natural gas midstream services in southwestern Pennsylvania and northern West Virginia through its wholly owned subsidiary, MarkWest Liberty Midstream. The Company operates five processing complexes in its Marcellus segment that include the Houston Complex located in Washington County, Pennsylvania: the Majorsville Complex located in Marshall County, West Virginia; the Mobley Complex located in Wetzel County, West Virginia; the Sherwood Complex located in Doddridge County, West Virginia; and the Keystone Complex located in Butler County, Pennsylvania. In addition, it operates two gathering systems: one currently delivering over 475 MMcf/d of natural gas to its Houston and Majorsville Complexes and the other delivering over 74 MMcf/d of natural gas to its Keystone complex. MarkWest Utica EMG provides gathering, processing, fractionation and marketing services in the liquids-rich corridor of the Utica Shale in eastern Ohio. In each of its operating segments, the company faces competition for natural gas gathering, crude oil transportation and in obtaining natural gas supplies for its processing and related services; in obtaining unprocessed NGLs for gathering and fractionation; and in marketing its products and services. The Company's processing and fractionation plants, pipelines and associated facilities are subject to multiple obligations and potential liabilities under a variety of stringent and comprehensive federal, regional, state and local laws and regulations governing discharges of materials into the environment or otherwise relating to environmental protection.

Top Ranked Articles about MarkWest Energy Partners LP

Mawson West Announces Exercise of Loan Warrants and Repayment of Secured Loan Drawn to Date

PERTH, AUSTRALIA--(Marketwired - Jun 14, 2016) - Mawson West Limited (TSX:MWE) ("Mawson" or the "Company") wishes to announce that the ordinary share purchase warrants (the "Warrants") issued by the Company to Galena Private Equity Resources Fund LP ("Galena") on March 2, 2016 in connection with the provision of a US$20.0 million interest free, secured loan (the "Loan") on the same date from Galena to Mawson's subsidiary, Anvil Mining Congo SA ("Anvil"), have been exercised in part. To date, Anvil has drawn down US$12.0 million, or 60%, of the Loan. In accordance with the terms of the Warrants, Galena has exercised 60% of the Warrants to acquire 1,646,520,000 ordinary shares of the Company at the Warrant exercise price of C$0.01 per share for gross proceeds to Mawson of C$16,465,200. Galena continues to hold Warrants exercisable to acquire a balance of 1,097,680,000 ordinary shares of the Company at the exercise price of C$0.01 per share until December 31, 2017. The proceeds from the exercise of the Warrants have been applied and set-off against the US$12.0 million drawn down under the Loan to date and such amount has been repaid and satisfied in full as a result. The balance of proceeds has been used to repay an additional US$569,534 of debt owed to Galena under previous loans. The exercise of the Warrants follows the receipt of disinterested shareholder approval for the issuance of the ordinary shares issuable upon exercise of the Warrants at the shareholders meeting of the Company held on May 31, 2016. The Loan and the issuance of the Warrants and underlying ordinary shares upon exercise of the Warrants constitute related party transactions for purposes of Canadian Multilateral Instrument 61-101 as Galena is an insider of Mawson, having owned 579,530,761 ordinary shares of Mawson, representing approximately 77.1% of the issued and outstanding shares of the Company prior to the provision of the Loan and the issuance and exercise of the Warrants. The Company is relying upon the "financial hardship" exemption to the valuation and minority approval requirements under MI 61-101 in relation to the Loan and the issuance of the Warrants, and the Company's independent directors have determined that the Company is in serious financial difficulty, the transaction is designed to improve the financial position of the Company, and the terms of the transaction are reasonable in the circumstances of the Company. The Company is also relying on the "financial hardship" exemption to the valuation requirement under MI 61-101 in relation to the issuance of the underlying ordinary shares upon exercise of the Warrants. As noted above, however, such issuance was subject to disinterested shareholder approval and the Company also obtained an independent expert's report in connection with seeking such approval. Galena Early Warning Reporting As noted above, Galena (whose address is Maples Corporate Services Limited, PO Box 309, Ugland House, South Church Street, George Town, Grand Cayman KY1-1104, Cayman Islands) acquired ownership and control of 1,646,520,000 ordinary shares of Mawson upon exercise of the Warrants, representing approximately 68.0% of the issued and outstanding ordinary shares of Mawson post-exercise. As a result, Galena now owns and controls a total of 2,244,050,761 ordinary shares of Mawson, representing approximately 92.7% of the issued and outstanding ordinary shares of Mawson. Galena continues to hold Warrants exercisable to acquire a balance of 1,097,680,000 ordinary shares of the Company at the exercise price of C$0.01 per share until December 31, 2017. In the event that Galena exercises these Warrants, it would have ownership and control over 3,341,730,761 ordinary shares of Mawson West, representing approximately 95.0% of the ordinary shares of Mawson West post-warrant exercise. In addition, Galena holds previously issued warrants of Mawson exercisable to acquire 83,333,334 ordinary shares of Mawson (the "2014 Warrants"). In the event that Galena exercises the 2014 Warrants, it would have ownership and control over 3,425,064,095 ordinary shares of Mawson, representing approximately 95.1% of the ordinary shares of Mawson post-warrant exercise. Galena acquired these securities for investment purposes. As a result of the exercise of the Warrants resulting in Galena owning more than 90% of the issued and outstanding ordinary shares of the Company, Galena intends to consider alternatives for taking Mawson private, including the possible acquisition of all of the ordinary shares of the Company not owned by it pursuant to compulsory acquisition provisions available under Australian corporate law. In addition, subject to applicable law, Galena may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the early warning report required to be filed by Galena with applicable securities commissions in connection with this acquisition will be available for viewing under the Company's profile on SEDAR at www.sedar.com and a copy of the early warning report may be obtained by contacting media relations for Galena, at 41 (0) 22 592 4528 or [email protected]. About Mawson West Limited Mawson West is a copper and silver-focused resource company listed on the Toronto Stock Exchange (TSX) and based in Perth, Australia. The Company's two key projects are the Dikulushi copper-silver mine and the Kapulo copper mine located in the South Eastern province of the Democratic Republic of Congo (DRC), both of which are currently on care and maintenance. Mawson West also has a significant land holding of approximately 7,300km2 in the DRC's rich copper belt. About Galena Private Equity Resources Fund Galena Private Equity Resources Fund LP is a US$400 million closed end Cayman Islands limited partnership designed to invest in the natural resources sector. Galena is managed by Galena Asset Management S.A., a Switzerland based fund manager operated by independent specialist management as part of the Trafigura Group. Galena seeks to draw on the commodity, metals and mining and technical expertise of the Trafigura Group, investing in late stage and producing assets in a variety of jurisdictions and commodities around the globe. Forward-looking statements This news release contains certain "forward looking statements". These statements reflect management's current beliefs with respect to future events and are based on information currently available to management of the Company. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including (without limitation) the risks identified in the "Risk Factors" section of the Company's Annual Information Form and other public filings (copies of which may be obtained at www.sedar.com). The results or events depicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.





Mawson West Limited
Anthony Lloyd
Non-Executive Chairman and Acting CEO
61 8 9389 2111
[email protected]




Read more...
Mawson West Announces Director Election Results

PERTH, AUSTRALIA--(Marketwired - Jun 13, 2016) - Mawson West Limited (TSX:MWE) ("Mawson" or the "Company") wishes to announce the director election results from the 2016 annual meeting of its shareholders held on May 31, 2016. Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Company dated April 29, 2016. The results of the voting on the election of directors are set forth below.


Director

Nominee
Number of

Votes For
Number of

Votes Against
Number of

Votes Abstained


Anthony Lloyd
61,651,263
1,630,158
301,150


Jesus Fernandez
61,813,347
1,468,074
301,150


Philippe Monier
61,651,263
1,630,158
301,150


Mark Stowell
62,431,937
849,484
301,150


Dennis Wilkins
61,653,347
1,628,074
301,150



Each of the directors elected at the meeting will hold office until the close of the next annual meeting of shareholders of the Corporation or until his successor is duly elected or appointed pursuant to the Constitution of the Company. The voting results for all resolutions considered by shareholders at the meeting are also contained in the Report of Voting Results for the meeting, which was filed on May 31, 2016 under the Company's profile on SEDAR at www.sedar.com. About Mawson West Limited Mawson West is a copper and silver-focused resource company listed on the Toronto Stock Exchange (TSX) and based in Perth, Australia. The Company's two key projects are the Dikulushi copper-silver mine and the Kapulo copper mine located in the South Eastern province of the Democratic Republic of Congo (DRC), both of which are currently on care and maintenance. Mawson West also has a significant land holding of approximately 7,300km2 in the DRC's rich copper belt. The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.





Mawson West Limited
Anthony Lloyd
Non-Executive Chairman & Acting CEO
61 8 9389 2111
[email protected]




Read more...

Ratios

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Dividend & Buy Back

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Dividend Yield % 8.81
MWE's Dividend Yield % is ranked higher than
77% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.90 vs. MWE: 8.81 )
Ranked among companies with meaningful Dividend Yield % only.
MWE' s Dividend Yield % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 8.81
Current: 8.81
0
8.81
Dividend Payout Ratio 368.77
MWE's Dividend Payout Ratio is ranked lower than
99.99% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.29 vs. MWE: 368.77 )
Ranked among companies with meaningful Dividend Payout Ratio only.
MWE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 368.77
Current: 368.77
0
368.77
Forward Dividend Yield % 8.96
MWE's Forward Dividend Yield % is ranked higher than
75% of the 110 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.47 vs. MWE: 8.96 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 8.81
MWE's 5-Year Yield-on-Cost % is ranked lower than
53% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.04 vs. MWE: 8.81 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
MWE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 8.81
Current: 8.81
0
8.81

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $1,939
EPS (TTM) $ -0.27
Short Percentage of Float2.06%
52-Week Range $37.28 - 71.00
Shares Outstanding (Mil)205.92

Analyst Estimate

Dec15 Dec16 Dec17 Dec18
Revenue (Mil $) 1,919 2,451 2,998 3,188
EPS ($) -0.32 0.98 1.76 2.48
EPS without NRI ($) -0.32 0.98 1.76 2.48
EPS Growth Rate
(Future 3Y To 5Y Estimate)
55.90%
Dividends per Share ($) 3.70 3.86 4.09 4.28

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