Just a quick post here as the MLP index is just under 300 and about to break through. Both Markwests (MWE,MWP) are up 2 to 3 points...amazing...no news that i could find.
I am running around Boston today and will try and blog at a starbucks when i can.
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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3 comments:
Wire release that board of mwe/mwp looking at merger, etc to enhance shareholder value, but vague to specifics
jesus the market has been enhancing the value here for months!
There is a 2 for 1 stock split for all holders of record of MWE on Feb 22, today. That is probably the major impetus for the runup.
Here's the news blurb
DENVER (AP) -- MarkWest Energy Partners LP, a natural gas processor, said Thursday it hiked its fourth-quarter dividend to $1 per share from 97 cents per share.
The new dividend is payable Feb. 14 to shareholders of record on Feb. 8.
MarkWest also said it approved a two-for-one stock split. On Feb. 28, holders of record on Feb. 22 will receive a one-unit dividend.
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