Exhibit 11 MARKWEST HYDROCARBON, INC. COMPUTATION OF EARNINGS PER COMMON SHARE FOR THE THREE MONTHS ENDED MARCH 31, 1997 1996 -------------------------------------- Net income (pro forma for 1996) $4,282 $2,587 Weighted average common shares outstanding (pro forma for 1996) 8,485 7,908 Earnings per common share (pro forma for 1996) $ .50 $ .33