7 Best Stocks for the Next 30 Days

Get them in a free Special Report, and get more Zacks Insights in our free e-newsletter, Profit from the Pros. Every issue includes a fresh Zacks #1 Bull Stock of the Day.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 05/21/2013

Company Name Symbol %Change
SCIENTIFIC L SCIL
8.00%
NATUS MEDICA BABY
6.11%
SUMMER INFAN SUMR
6.02%
RADIANT LOGI RLGT
5.32%
NEW ORIENTAL EDU
4.51%

MarkWest, Sunoco in Marcellus Deal

by Zacks Equity Research

June 03, 2010 | Comments : 0 Recommended this article: (0)

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.


Pipeline operators MarkWest Energy Partners LP ( MWE - Analyst Report ) and Sunoco Logistics Partners L.P. ( SXL - Analyst Report ) have teamed up to build a distribution system to transport ethane produced in the Marcellus Shale Basin to markets along the Gulf Coast.

Known as the ‘Mariner Project’, the initiative is expected to begin service by the second quarter of 2012. It will initially ship up to 50,000 barrels of ethane per day to Gulf Coast markets that may be increased to support additional ethane production in the Marcellus region.The Mariner Project is supported by key producers including Range Resources Corporation ( RRC - Analyst Report ) and Chesapeake Energy Corporation ( CHK - Analyst Report ) .

MarkWest, through its majority-owned joint venture MarkWest Liberty Midstream & Resources, has been working since late 2009 to construct and operate natural gas midstream services to support producers in the emerging Marcellus Shale play in western Pennsylvania and West Virginia.

MarkWest runs a fractionalization complex in Houston, Pennsylvania, where gas gathered from Marcellus wells is processed and sent to storage facilities or pipelines. For the Mariner Project, MarkWest Liberty will be required to make minor adjustments to its processing facility to recover sufficient ethane (the primary constituent in ethylene) to allow the residue gas to meet interstate gas pipeline specifications. MarkWest Liberty will also install additional facilities at its processing and fractionation complex to separate the ethane for delivery to downstream Mariner Project facilities.

Additionally, MarkWest Liberty will build a 45-mile pipeline from its Houston complex to an interconnection with an existing Sunoco Logistics pipeline at Delmont, Pennsylvania. The ethane will be piped to an existing East Coast facility where Sunoco Logistics will construct refrigerated ethane storage facilities. Subsequently, the ethane will be transported through a marine vessel to premium markets in the Gulf Coast. Some of the natural gas liquid may be transported to markets in the northeast, providing multiple ethane blending options in the process.

We believe that the Mariner Project will provide an efficient solution for producers to move ethane across Pennsylvania to a Delaware River marine port to access multiple markets, while taking advantage of MarkWest Liberty’s extensive experience in the highly prospective Marcellus Shale play. MarkWest Liberty is the largest provider of midstream services in the region and is investing a significant amount of capital to provide infrastructure that will be required for the development of the Marcellus Shale leaseholds.

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.