Analysts See Rise of Markwest Energy Partners LP (MWE) Earnings Per Share

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Analysts await Markwest Energy Partners LP (NYSE:MWE) to reports earnings on November, 4. They expect $0.19 earnings per share, down 53.66 % or $0.22 from last year’s $0.41 per share. MWE’s profit will be $37.27M for 58.42 P/E if the $0.19 EPS becomes reality. After $-0.14 actual earnings per share reported by Markwest Energy Partners LP for the previous quarter, Wall Street now forecasts -235.71 % EPS growth. About 1.28M shares traded hands. Markwest Energy Partners LP (NYSE:MWE) has declined 32.65% since March 31, 2015 and is downtrending. It has underperformed by 34.40% the S&P500.

Out of 13 analysts covering Markwest Energy Partners LP (NYSE:MWE), 5 rate it “Buy”, 0 “Sell”, while 8 “Hold”. This means 38% are positive. Markwest Energy Partners LP was the topic in 40 analyst reports since November 11, 2014 according to StockzIntelligence Inc. Credit Suisse downgraded the stock on August 7 to “Neutral” rating.

The institutional sentiment increased to 1.06 in Q2 2015. Its up 0.15, from 0.91 in 2015Q1. The ratio improved, as 37 funds sold all Markwest Energy Partners LP shares owned while 90 reduced positions. 30 funds bought stakes while 104 increased positions. They now own 137.75 million shares or 0.59% more from 136.93 million shares in 2015Q1.

M&R Follow holds 100% of its portfolio in Markwest Energy Partners LP for 1.62 million shares. Ngp Mr Management Llc owns 1.75 million shares or 94.84% of their US portfolio. Moreover, Stockbridge Partners Llc has 9.55% invested in the company for 3.16 million shares. The New York-based C V Starr & Co Inc has invested 8.38% in the stock. Rr Advisors Llc, a Texas-based fund reported 849,000 shares.

Since March 31, 2015, the stock had 0 insider purchases, and 3 insider sales for $223,283 net activity. Nickerson Randy S sold 1,122 shares worth $76,520. Buese Nancy sold 10,000 shares worth $630,000.

MarkWest Energy Partners, L.P. is a master limited partnership engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs), and the gathering and transportation of crude oil. The company has a market cap of $8.71 billion. The Firm operates in four divisions: Marcellus, Utica, Northeast and Southwest. It has 19356.52 P/E ratio. The Marcellus segment provides integrated natural gas midstream services in southwestern Pennsylvania and northern West Virginia.

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