MarkWest Energy Partners Reports First Quarter Financial Results, Record Volumes and Increases Common Unit Distribution

DENVER--(BUSINESS WIRE)--MarkWest Energy Partners, L.P. (NYSE: MWE) (the Partnership) today reported quarterly cash available for distribution to common unitholders, or distributable cash flow (DCF), of $110.2 million for the three months ended March 31, 2013, compared to $109.2 million for the three months ended March 31, 2012. DCF for the three months ended March 31, 2013 represents 102 percent coverage of the first quarter distribution of $108.4 million or $0.83 per common unit, which will be paid to unitholders on May 15, 2013. The first quarter 2013 distribution represents an increase of $0.01 per common unit or 1.2 percent over the fourth quarter 2012 distribution and an increase of $0.04 per common unit or 5.1 percent compared to the first quarter 2012 distribution. As a Master Limited Partnership, cash distributions to common unitholders are largely determined based on DCF. A reconciliation of DCF to net income, the most directly comparable GAAP financial measure, is provided within the financial tables of this press release.