EX-99.1 2 a05-6795_6ex99d1.htm EX-99.1

EXHIBIT 99.1

 

 

 

MarkWest Hydrocarbon, Inc.

 

Contact:

 

Frank Semple, President & CEO

155 Inverness Drive West, Suite 200

 

 

 

Jim Ivey, CFO

Englewood, CO 80112-5000

 

 

 

Andy Schroeder, VP and Treasurer

(800) 730-8388

 

Phone:

 

(303) 290-8700

(303) 290-8700

 

E-mail:

 

investorrelations@markwest.com

(303) 290-8769 Fax

 

Website:

 

www.markwest.com

 

MARKWEST HYDROCARBON DECLARES A QUARTERLY
CASH DIVIDEND OF $0.10 PER SHARE

 

DENVER—April 28, 2005 — MarkWest Hydrocarbon, Inc. (AMEX: MWP), today announced that on April 28, 2005 its Board of Directors declared a quarterly cash dividend of $0.10 per share of its common stock for an implied annual rate of $0.40 per share.  This quarterly cash dividend represents an increase of $0.025 per share over the previous quarter dividend.  MarkWest’s Board has declared that the dividend is to be paid on May 23, 2005, to the stockholders of record as of the close of business on May 16, 2005.  The ex-dividend date is May 12, 2005.

 

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MarkWest Hydrocarbon, Inc. (AMEX: MWP) controls and operates MarkWest Energy Partners, L.P. (AMEX: MWE), a publicly-traded limited partnership engaged in the gathering, processing and transmission of natural gas; the transportation, fractionation and storage of natural gas liquids; and the gathering and transportation of crude oil. We also market natural gas and NGLs.

 

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect our operations, financial performance and other factors as discussed in our filings with the Securities and Exchange Commission. Among the factors that could cause results to differ materially are those risks discussed in our Form 10-K for the year ended December 31, 2003, and our Forms 10-Q, as filed with the SEC.