MarkWest Energy Stock To Go Ex-dividend Tomorrow (MWE)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for MarkWest Energy Partners (NYSE: MWE) is tomorrow, May 3, 2013. Owners of shares as of market close today will be eligible for a dividend of 83 cents per share. At a price of $62.98 as of 9:30 a.m. ET, the dividend yield is 5.3%.

The average volume for MarkWest Energy has been 672,500 shares per day over the past 30 days. MarkWest Energy has a market cap of $8.2 billion and is part of the basic materials sector and energy industry. Shares are up 22.9% year to date as of the close of trading on Wednesday.

Markwest Energy Partners, L.P., together with its subsidiaries, engages in the gathering, processing, and transportation of natural gas the United States. The company has a P/E ratio of 37.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates MarkWest Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full MarkWest Energy Ratings Report.

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