SemGroup (SEMG) Declares $0.45 Quarterly Dividend; 5.9% Yield
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SemGroup Corporation Reports Second Quarter 2016 Results
August 4, 2016 4:17 PM EDTTULSA, Okla., Aug. 04, 2016 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE: SEMG) today announced its second quarter 2016 financial results.
SemGroup reported second quarter 2016 revenues of $287.4 million with net income attributable to SemGroup of $8.0 million, or $0.18 per diluted share. This compares with first quarter 2016 revenues of $314.9 million with a net loss attributable to SemGroup of $15.3 million, or $0.35 per diluted share. Second quarter 2015 revenues totaled $377.2 million with net income attributable to SemGroup of $23.3 million, or $0.53 per diluted share.
SemGroup's second quarter 2016 Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) was $67.6 million, down approximately 13%... More
