SemGroup (SEMG) Reports Mixed Q1 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
SemGroup Corporation Announces First Quarter 2017 Results
May 4, 2017 4:15 PM EDTTULSA, Okla., May 04, 2017 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE: SEMG) today announced first quarter 2017 revenues of $456.1 million with net loss attributable to SemGroup of $10.3 million, or $0.16 per diluted share. This compares with fourth quarter 2016 revenues of $402.2 million with net income attributable to SemGroup of $12.0 million, or $0.18 per diluted share. First quarter 2016 revenues totaled $314.9 million with net loss attributable to SemGroup of $13.9 million, or $0.32 per diluted share. The net loss in first quarter 2017 was primarily due to a $19.9 million charge related to the refinancing of bonds. The refinancing resulted in lowered borrowing costs and extended... More
