MarkWest Energy Partners Reports Record Third Quarter 2014 Financial Results, Increased 2014 Distributable Cash Flow Forecast & Provides 2015 Financial Guidance

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 $195.2 million for the three months ended September 30, 2014, and $505.4 million for the nine months ended September 30, 2014. DCF for the three months ended September 30, 2014 represents distribution coverage of 119 percent. The third quarter distribution of $163.8 million, or $0.89 per common unit, will be paid to unitholders on November 14, 2014. The third quarter 2014 distribution represents an increase of $0.01 per common unit or 1.1 percent over the second quarter 2014 distribution and an increase of $0.04 per common unit or 4.7 percent compared to the third quarter 2013 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.