| Business Summary | | MarkWest
Hydrocarbon,
Inc.
and
its
subsidiaries
provide
natural
gas
processing
and
related
services
and
produce
natural
gas.
The
Company's
natural
gas
processing
and
related
activities
include
providing
compression,
gathering,
treatment
and
natural
gas
liquids
(NGLs)
extraction
services
to
natural
gas
producers
and
pipeline
companies.
In
addition,
MarkWest
fractionates
NGLs
into
marketable
products
and
purchases
and
markets
natural
gas
and
NGLs.
MarkWest
provides
natural
gas
processing
and
related
services
through
its
modern,
efficient
plant
and
pipeline
systems.
The
Company
processes
natural
gas
in
Appalachia
and
owns
sour
gas
gathering
and
processing
facilities
in
western
Michigan.
The
Company
also
produces
natural
gas
in
the
Rocky
Mountains
and
Michigan
(its
exploration
and
production
segment). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MWP
provides
compression,
gathering,
treatment,
processing
and
natural
gas
liquids
extraction
services
to
natural
gas
producers
and
fractionates
NGLs
into
marketable
products
for
sale
to
third
parties.
For
the
three
months
ended
3/31/01,
revenues
increased
94%
to
$88.2
million.
Net
income
decreased
55%
to
$1.4
million.
Revenues
reflect
increased
volumes
and
sales
prices.
Net
income
was
offset
by
a
higher
cost
of
sales
due
to
increased
gas
marketing
activities. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
30,878;
after
tax
earnings
were
8. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Fox, 61 Chairman,
Pres, CEO | $271K | Brian O'Neill, 53 Sr.
VP, COO, | 272K | Arthur Denney, 52 Sr.
VP of Engineering and Project Devel. | 250K | Gerald Tywoniuk, 39 VP-Fin.,
CFO | 227K | Robert Garvin, 61 VP
of Exploration | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|