SemGroup (SEMG) Misses Q4 EPS by 20c, Revenues Miss
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SemGroup Reports Financial Results for Fourth Quarter and Full-Year 2018
February 27, 2019 4:14 PM ESTStrong 4Q and Full-Year Results Reflect Higher Transportation Volumes and Terminalling RevenuesExpect 2019 Consolidated Adjusted EBITDA of Between $420 Million and $465 MillionRaised $1.6 Billion Through Strategic Transactions Since 2017 to Support Balance Sheet Goals
TULSA, Okla., Feb. 27, 2019 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE: SEMG) today reported fourth quarter 2018 net income of $3.0 million, compared to net income of $8.4 million in third quarter 2018 and net income of $2.6 million in fourth quarter 2017.
Fourth quarter 2018 Adjusted EBITDA (adjusted earnings before interest, taxes, depreciation and amortization) was $105.4 million, compared to $96.4 million... More
