MarkWest Energy Partners Reports Third Quarter Financial Results; Places into Service Three Major Facilities; Announces Additional Midstream Infrastructure Project in the Marcellus Shale

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 $117.9 million for the three months ended September 30, 2013, and $356.1 million for the nine months ended September 30, 2013. DCF for the three months ended September 30, 2013 represents 92 percent coverage of the third quarter distribution of $127.9 million or $0.85 per common unit, which will be paid to unitholders on November 14, 2013. The third quarter 2013 distribution represents an increase of $0.01 per common unit or 1.2 percent over the second quarter 2013 distribution and an increase of $0.04 per common unit or 4.9 percent compared to the third 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.