SemGroup (SEMG) Misses Q4 EPS by 15c
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February 26, 2015 4:15 PM EST
Full Year Adjusted EBITDA Increased 79%
2015 Adjusted EBITDA Guidance Initiated at $180 to $200 Million
TULSA, Okla., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Rose Rock Midstream®, L.P. (NYSE: RRMS) today announced its financial results for the three months ended December 31, 2014.
Rose Rock Midstream reported fourth quarter 2014 Adjusted EBITDA of $43.5 million, compared to $31.0 million for the third quarter 2014 and $21.0 million for the fourth quarter 2013, an increase of 40% over the previous quarter and more than doubling results year-over-year.
"Rose Rock finished the year strong, exceeding... More
February 26, 2015 4:15 PM EST
Full Year Adjusted EBITDA Increased 52%
2015 Adjusted EBITDA Guidance Initiated at $320 to $360 Million
TULSA, Okla., Feb. 26, 2015 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE: SEMG) today announced its financial results for the three months ended December 31, 2014.
SemGroup's adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) was $83.2 million for the fourth quarter 2014, compared to $79.4 million for the third quarter 2014 and $57.8 million for the fourth quarter 2013, an increase of approximately 5% over the previous quarter and up 44% year-over-year. Adjusted EBITDA, which is a non-GAAP measure, is reconciled to net income... More
