MarkWest Energy Partners, L.P. (MWE) reported a net loss for the first quarter of $15.5 million or $0.12 per share, compared to net income of 16.0 million or $0.14 per share for the year-ago quarter.
The Partnership reported a loss before provision for income tax for the first quarter of $14.2 million, compared to income of $20.8 million for the same period last year. Excluding items, income before provision for income tax for the three months ended March 31, 2013 and 2012 would have been $15.3 million and $69.0 million, respectively.
Total revenue for the first quarter rose to $375.95 million from $350.47 million a year ago.
Separately, MarkWest Energy Partners announced the execution of definitive agreements to acquire 100% of the ownership interests of certain midstream assets in the Anadarko Basin from a wholly owned subsidiary of Chesapeake Energy Corp. (CHK), for $245 million in cash. The deal closed simultaneously with the execution of the agreements.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.