MarkWest Hydrocarbon Inc. is an AMEX listed security that has been trading in a range between $24.80 and $64.47 over the past year. With 11,993,100 shares outstanding, a recent price of $58.38 gives a total market capitalization of $701,236,572. While there are certainly larger companies, MarkWest Hydrocarbon Inc. has definitely earned its place in the pack. Last year, MarkWest Hydrocarbon Inc. created $0.64 in earnings for every share outstanding.
MarkWest Hydrocarbon Inc. is currently priced by the market at 92.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price over $50 a share and earnings per share below $1 a share, MarkWest Hydrocarbon Inc. could be an interesting value proposition.
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