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Monday, November 10, 2008

Markwest(MWE) puts up earnings. Getting to the nitty gritty in this...the company is cutting its DCF guidance however even with the cut it expects to be able to produce "modest" distribution growth in 2009. The stock has been sold down to a 20% yield. If Semple is right on the outlook this should be the bottom. But these days do we know if he will be right?

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