MarkWest Energy Partners L.P. (MWE) reported that its third-quarter net income attributable to the company decreased to $8.280 million from $186.546 million last year. Earnings per share attributable to unitholders was $0.13 compared to $3.24 a year ago.
On average, 6 analysts polled by Thomson Reuters expected the company to report profit of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
The company reported cash available for distribution to common unitholders, or distributable cash flow, of $40.3 million compared to $45.4 million last year.
Total revenue decreased to $217.69 million from $566.37 million last year. Analysts expected revenue of $194.35 million for the quarter.
For 2009, the company forecasts distributable cash flow in a range of $170 million-$180 million. For 2010, the company forecasts distributable cash flow in a range of $170 million-$210 million.
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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.