MarkWest Says “Difficult to Forecast” Marcellus/Utica for 2020
Last week MPLX (i.e. MarkWest Energy) issued its 4Q and full-year 2019 financial and operating update, along with guidance on what to expect in 2020. MarkWest (as we call them, old habits die hard) has major operations in the Utica and Marcellus--via gathering pipelines and processing plants. MarkWest reports "significant year-over-year growth" in the M-U region, but predicts a slowdown in that growth in 2020.
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