EXHIBIT 11 MARKWEST HYDROCARBON, INC. COMPUTATION OF EARNINGS PER COMMON SHARE (000s, except per share data) For the quarter ended For the six months ended June 30, 1999 June 30, 199 --------------------- ------------------------ Net income $ 577 $ 687 Weighted average number of outstanding shares of common stock 8,492 8,485 Basic earnings per share $ 0.07 $ 0.08 ====================== ======================== Net income $ 577 $ 687 Weighted average number of outstanding shares of common stock 8,492 8,485 Dilutive stock options 11 7 --------------------- ------------------------ 8,503 8,492 Earnings per share assuming dilution $ 0.07 $ 0.08 ===================== ========================