Last $86.91 USD
Change Today -0.15 / -0.17%
Volume 320.3K
SEMG On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

semgroup corp-class a (SEMG) Snapshot

Open
$87.00
Previous Close
$87.06
Day High
$87.48
Day Low
$86.77
52 Week High
09/3/14 - $88.99
52 Week Low
10/9/13 - $55.01
Market Cap
3.7B
Average Volume 10 Days
249.1K
EPS TTM
$0.27
Shares Outstanding
42.6M
EX-Date
08/14/14
P/E TM
320.3x
Dividend
$1.08
Dividend Yield
1.08%
Current Stock Chart for SEMGROUP CORP-CLASS A (SEMG)

semgroup corp-class a (SEMG) Related Businessweek News

No Related Businessweek News Found

semgroup corp-class a (SEMG) Details

SemGroup Corporation, together with its subsidiaries, provides gathering, transportation, storage, distribution, marketing, and other midstream services. It operates through six segments: Crude, SemStream, SemLogistics, SemCAMS, SemMexico, and SemGas. The Crude segment conducts crude oil transportation, storage, terminalling, gathering, blending, and marketing operations in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Oklahoma, Texas, and Wyoming. The SemStream segment owns and operates wholesale and retail propane storage and distribution assets, as well as provides crude oil logistics and water treatment services in the United States. The SemLogistics segment offers refined product and crude oil storage services, as well as maintains and operates storage, terminal, and marine facilities at Milford Haven in the United Kingdom. The SemCAMS segment owns and operates natural gas processing and gathering facilities in Alberta, Canada. The SemMexico segment purchases, produces, stores, and distributes liquid asphalt cement products in Mexico. The SemGas segment provides natural gas gathering and processing services in Kansas, Oklahoma, and Texas. In addition, SemGroup Corporation operates approximately 1,900 miles of natural gas and natural gas liquids transportation, gathering, and distribution pipelines in Kansas, Oklahoma, and Texas, as well as in Alberta, Canada; 8.7 million barrels of multi-product storage capacity in the United Kingdom; and 12 liquid asphalt cement terminals and modification facilities, and 1 emulsion distribution terminal in Mexico. The company primarily serves independent producers, refiners of petroleum products, and other market participants in the Midwest and Rocky Mountain regions of the United States and Canada. SemGroup Corporation was founded in 2000 and is headquartered in Tulsa, Oklahoma.

890 Employees
Last Reported Date: 02/28/14
Founded in 2000

semgroup corp-class a (SEMG) Top Compensated Officers

Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $371.8K
Vice President, President of Rose Rock Midstr...
Total Annual Compensation: $294.5K
General Counsel and Secretary
Total Annual Compensation: $317.9K
Vice President of Corporate Planning & Strate...
Total Annual Compensation: $298.8K
Compensation as of Fiscal Year 2013.

semgroup corp-class a (SEMG) Key Developments

Semgroup Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revised Earnings Guidance for the Year 2014

SemGroup Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s revenues were $482,224,000 compared to $324,244,000 a year ago. Operating income was $10,233,000 compared to $27,378,000 a year ago. Loss from continuing operations before income taxes was $19,256,000 compared to income from continuing operations before income taxes of $16,765,000 a year ago. Loss from continuing operations was $12,584,000 compared to loss from continuing operations of $7,477,000 a year ago. Net loss attributable to the company was $17,609,000 or $0.41 per diluted share compared to net income attributable to the company of $3,569,000 or $0.08 per diluted share a year ago. EBITDA was $13,166,000 compared to $34,109,000 a year ago. Adjusted EBITDA was $57,527,000 compared to $43,635,000 a year ago. Current quarter net income was negatively impacted by two non-cash items including a $19 million change in warrant expense due to SemGroup stock price appreciation and an additional $20 million loss recognized on the sale of the SemGas Eufaula gathering system. For the six months, the company’s revenues were $981,107,000 compared to $611,940,000 a year ago. Operating income was $53,999,000 compared to $49,768,000 a year ago. Income from continuing operations before income taxes was $17,013,000 compared to $11,293,000 a year ago. Income from continuing operations was $7,159,000 compared to $56,011,000 a year ago. Net loss attributable to the company was $4,096,000 or $0.10 per diluted share compared to net income attributable to the company of $47,013,000 or $1.11 per diluted share a year ago. EBITDA was $82,294,000 compared to $34,109,000 a year ago. Adjusted EBITDA was $124,809,000 compared to $43,635,000 a year ago. SemGroup updated its 2014 consolidated Adjusted EBITDA guidance to between $260 and $275 million, up from the previous guidance range of $245 million to $265 million. The company is on target to deploy approximately $475 million in capital expenditures in 2014, increased from the previous guidance of $415 million. The company expects net income to between $31 and $40 million. EBITDA will be in the range between $195 and $210 million. Interest expense will be in the range between $51 and $53 million. Depreciation and amortization will be in the range between $93 and $96 million. The company also increased consolidated CapEx guidance to $475 million. The company is spending nearly 90% of capital on high return, organic growth projects in key asset plays.

SemGroup Corporation Declares Quarterly Cash Dividend, Payable on August 28, 2014

The board of directors of SemGroup Corporation declared a quarterly cash dividend to common shareholders of $0.27 per share, resulting in an annualized distribution of $1.08 per share. This represents a 12.5% increase from the previous quarterly dividend of $0.24 and a 35% increase over dividend one year ago. The dividend will be paid on August 28, 2014 to all common shareholders of record on August 18, 2014.

SemGroup Corporation Presents at Goldman Sachs' Power, Utilities, MLP and Pipeline Conference, Aug-12-2014

SemGroup Corporation Presents at Goldman Sachs' Power, Utilities, MLP and Pipeline Conference, Aug-12-2014 . Venue: Conrad Hotel, New York, New York, United States. Speakers: Carlin G. Conner, Chief Executive Officer, President and Director, Robert N. Fitzgerald, Chief Financial Officer and Senior Vice President.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SEMG:US $86.91 USD -0.15

SEMG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Atlas Pipeline Partners LP $35.53 USD -0.35
Boardwalk Pipeline Partners LP $19.23 USD +0.25
Martin Midstream Partners LP $38.21 USD +0.04
Questar Corp $22.66 USD 0.00
Rose Rock Midstream LP $59.50 USD +0.70
View Industry Companies
 

Industry Analysis

SEMG

Industry Average

Valuation SEMG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.1x
Price/Book 3.4x
Price/Cash Flow 44.3x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SEMGROUP CORP-CLASS A, please visit www.semgroupcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.