EXHIBIT 11 MARKWEST HYDROCARBON, INC. COMPUTATION OF EARNINGS PER COMMON SHARE (000s, except per share data) For the year ended December 31, 1997 ------------------ Net income 7,847 Weighted average number of outstanding shares of common stock 8,485 Basic earnings per share $ 0.92 ================== Net income 7,847 Weighted average number of outstanding shares of common stock 8,485 Dilutive stock options 129 ------------------ 8,614 Earnings per share assuming dilution $ 0.91 ==================