SemGroup (SEMG) Reports Q2 Loss of $0.11, Revenues Miss

SemGroup (NYSE: SEMG) reported Q2 EPS of ($0.11), versus $0.09 reported last year. Revenue for the quarter came in at $595.79 million versus the consensus estimate of $599.21 million.

"We delivered solid financial results during the second quarter with improved earnings in five of our six segments," said SemGroup President and Chief Executive Officer Carlin Conner. "Improving crude oil and gas volumes, coupled with contributions from our organic growth projects, will continue to provide increasing cash flows. As we look to the second half of 2018, one of our highest priorities is executing additional capital raise measures that allow us to reach our leverage goals."

For earnings history and earnings-related data on SemGroup (SEMG) click here.

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