EXHIBIT 11 MARKWEST HYDROCARBON, INC. COMPUTATION OF EARNINGS PER COMMON SHARE (000s, except per share data) For the quarter ended March 31, 1998 --------------------- Net income 917 Weighted average number of outstanding shares of common stock 8,496 Basic earnings per share $ 0.11 ===================== Net income 917 Weighted average number of outstanding shares of common stock 8,496 Dilutive stock options 154 --------------------- 8,650 Earnings per share assuming dilution $ 0.11 =====================