Once these most recent quarterly results are finalized, they will be run through TheStreet.com Ratings' model and our ratings will be adjusted accordingly. To keep up to date on all of our ratings, visit TheStreet.com Ratings Screener. On March 2, 2009, MarkWest Energy Partners L.P. ( MWE) reported a net profit in Q4 FY08, benefiting from a derivative gain of $340.70 million. Net income was $180.14 million, or $3.14 per unit, compared to a loss of $25.59 million, or $1.12 per unit, in Q4 FY07. The quarterly results beat the consensus estimate of $0.06 per share. Total revenue more than tripled to $567.76 million from $147.62 million in Q4 FY07. Southwestern revenue slumped 23.7% to $115.80 million, on lower gathering systems throughput volumes from Foss Lake, Oklahoma, Appleby, and other Southwestern regions, along with declining NGL product sales from Arapaho, Oklahoma. Revenue from the North East plummeted 22.5% to $65.14 million, hurt by a 1.7% decline in processed natural gas from Appalachia and an 8.0% drop in crude oil transportation for a fee. Meanwhile, Gulf Coast revenue plunged 33.5% year-over-year to $12.96 million. During the fourth quarter, MWE and Range Resources Corporation began the initial phase of Pennsylvania's first large-scale gas processing infrastructure, with the launch of a mechanical refrigeration processing plant in Washington County. MarkWest is currently constructing 30 million cubic feet per day (MMcf/d) and 120 MMcf/d cryogenic processing plants, which is expected to commence operations by Q2 FY09 and Q1 FY10, respectively. Also, MarkWest and NGP Midstream & Resources L.P. formed a joint venture to construct and operate natural gas midstream services to support producers in the Marcellus Shale. Recently, MWE paid a dividend of $0.64 per unit for Q4 FY08. For FY09, total revenue surged 95.2% to $1.34 billion from $685.76 million, while net income stood at $208.07 million, or $4.04 per unit, compared to a loss of $39.36 million, or $1.72 per unit, in FY07. Looking ahead to FY09, MWE forecasts distributable cash flows to range between $160.00 and $200.00 million, while projecting capital expenditure to be $200.00 million.