Trade-Ideas: MarkWest Energy Partners (MWE) Is Today's New Lifetime High Stock

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Trade-Ideas LLC identified MarkWest Energy Partners ( MWE) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified MarkWest Energy Partners as such a stock due to the following factors:

  • MWE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $49.0 million.
  • MWE has traded 7,623 shares today.
  • MWE is trading at a new lifetime high.

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More details on MWE:

MarkWest Energy Partners, L.P. is engaged in the gathering, processing, and transportation of natural gas. The company is also engaged in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil. The stock currently has a dividend yield of 4.6%. Currently there are 5 analysts that rate MarkWest Energy Partners a buy, no analysts rate it a sell, and 7 rate it a hold.

The average volume for MarkWest Energy Partners has been 969,200 shares per day over the past 30 days. MarkWest Energy has a market cap of $13.4 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.72 and a short float of 2% with 4.80 days to cover. Shares are up 15.1% year-to-date as of the close of trading on Tuesday.

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