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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.