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S&P affirms MarkWest
Standard & Poor's said it affirmed its B+ corporate credit rating on MarkWest Energy Partners LP.
The outlook is stable.
The agency said that the rating on MarkWest reflects a weak business risk profile due to the company's commodity price sensitivity, small asset base, historically acquisitive growth strategy and large capital-spending plan.
Increasing geographic diversity and the stability garnered from the company's hedging program mitigate the aforementioned risks, S&P noted.
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