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Last $52.74 USD
Change Today -0.26 / -0.49%
Volume 386.7K
As of 4:15 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

semgroup corp-class a (SEMG) Snapshot

Open
$53.25
Previous Close
$53.00
Day High
$54.28
Day Low
$51.91
52 Week High
09/3/14 - $88.99
52 Week Low
08/24/15 - $47.55
Market Cap
2.4B
Average Volume 10 Days
679.5K
EPS TTM
$0.98
Shares Outstanding
44.6M
EX-Date
08/13/15
P/E TM
53.6x
Dividend
$1.68
Dividend Yield
2.73%
Current Stock Chart for SEMGROUP CORP-CLASS A (SEMG)

semgroup corp-class a (SEMG) Related Businessweek News

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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, and marketing operations in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Ohio, 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. 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. The company also maintains and operates storage, terminal, and marine facilities at Milford Haven in the United Kingdom. In addition, it operates approximately 1,980 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 14 liquid asphalt cement terminals and modification facilities, 1 toll manufacturing facility, and 1 portable rail unloading facility 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.

1,080 Employees
Last Reported Date: 02/27/15
Founded in 2000

semgroup corp-class a (SEMG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $383.3K
Vice President, President of Rose Rock Midstr...
Total Annual Compensation: $320.9K
General Counsel and Secretary
Total Annual Compensation: $327.7K
Vice President of Corporate Planning & Strate...
Total Annual Compensation: $308.0K
Compensation as of Fiscal Year 2014.

semgroup corp-class a (SEMG) Key Developments

SemGroup Corporation Mulls Acquisitions

SemGroup Corporation (NYSE:SEMG) is seeking acquisitions. Carlin Conner, Chief executive Officer of SemGroup Corporation, said, “We're going to continue to try to find other projects like that, as well as look at possibly acquiring companies or assets that we think are going to be additive to the strategy.”

SemGroup Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for the Year 2015

SemGroup Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s revenues were $377,226,000 compared to $482,224,000 a year ago. Operating income was $53,105,000 compared to $10,233,000 a year ago. Income from continuing operations before income taxes was $43,296,000 compared to loss from continuing operations before income taxes of $19,256,000 a year ago. Income from continuing operations was $28,435,000 compared to loss from continuing operations of $12,584,000 a year ago. Net income attributable to the company was $23,297,000 or $0.53 per diluted share compared to net loss attributable to the company of $17,609,000 or $0.41 per diluted share a year ago. EBITDA was $84,790,000 compared to $13,166,000 a year ago. Adjusted EBITDA was $80,026,000 compared to $57,527,000 a year ago. For the six months, the company’s revenues were $675,536,000 compared to $981,107,000 a year ago. Operating income was $69,710,000 compared to $53,999,000 a year ago. Income from continuing operations before income taxes was $53,814,000 compared to $17,013,000 a year ago. Income from continuing operations was $34,211,000 compared to $7,159,000 a year ago. Net income attributable to the company was $24,763,000 or $0.56 per diluted share compared to net loss attributable to the company of $4,096,000 or $0.10 per diluted share a year ago. EBITDA was $133,633,000 compared to $82,294,000 a year ago. Adjusted EBITDA was $150,008,000 compared to $124,809,000 a year ago. The company reaffirmed earnings guidance for the year 2015. For the year, For the year 2015, the consolidated Adjusted EBITDA guidance of between $320 and $360 million. Due to market volatility, lower than expected volumes and impacts of foreign exchange, the company expects to come in at the lower end of guidance range. The company is still on track to deploy more than $775 million in capital investments in 2015, with more than 90% allocated to growth projects with the majority supported by long-term take-or-pay commitments. The company is targeting a dividend growth rate for 2015 of 50% to 60% year-over-year. The company expects net income of $97.5 million, interest expense of $72.0 million, income tax expense of $14.0 million, depreciation and amortization of $109.0 million and EBITDA of $292.5 million.

SemGroup Corporation Declares Quarterly Cash Dividend, Payable on August 25, 2015

The SemGroup Corporation's board of directors declared a quarterly cash dividend to common shareholders of $0.42 per share, resulting in an annualized dividend of $1.68 per share. This marks the tenth consecutive increase in the quarterly cash distribution to SEMG shareholders and represents a 56% increase year-over-year compared to second quarter 2014 dividend of $0.27 per share and an 11% increase from the previous quarterly dividend of $0.38. The dividend will be paid on August 25, 2015 to all common shareholders of record on August 14, 2015.

 

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Industry Analysis

SEMG

Industry Average

Valuation SEMG Industry Range
Price/Earnings 39.8x
Price/Sales 1.3x
Price/Book 2.0x
Price/Cash Flow 14.0x
TEV/Sales 0.5x
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