Event-Driven Stocks

MARKWEST ENERGY PARTNERS L P

Energy · Crude Petroleum & Natural Gas · SEC filings ↗ · Compare ⊕

Signs4 gooddetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10FY09
Revenue$512.5M$373.3M$1.44B$1.49B$1.19B$738.3M
Operating income$72.0M$63.7M$378.3M$315.5M$188.5M−$73.9M
Net income$12.5M−$15.5M$220.4M$60.7M$467,000−$113.4M
Total assets$10.98B$9.40B$6.73B$4.07B$3.33B$3.01B
Total liabilities
Equity$4.80B$3.11B$1.40B$1.35B$1.31B
EPS (diluted)
Shares out.75.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2014
Operating margin
14.0%
Net margin
2.4%
Return on equity
Return on assets
0.1%
Return on capital (ROCE)
0.7%
Liabilities / assets
Debt / equity
Book value / share
Revenue growth (YoY)
37.3%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2014
Accruals / assets
6.0%clean
Piotroski F-Score
6/7mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions8 disposalsnet 435,012 shares · last 8
InsiderDateTypeSharesPrice
Wolf Donald DDirectorDec 4, 2015D65,131$38.83
Stice J MichaelDirectorDec 4, 2015D1,402$38.83
Nicoletti William PDirectorDec 4, 2015D23,898$38.83
Fox Mounsey Anne EDirectorDec 4, 2015D131,311$38.83
Larson Randall JDirectorDec 4, 2015D12,949$38.83
Heppermann Donald CDirectorDec 4, 2015D171,398$38.83
Bruckmann William A IiiDirectorDec 4, 2015D3,812$38.83
Beatty Michael LDirectorDec 4, 2015D25,111$38.83

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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