SemGroup Reports Financial Results for First Quarter 2019

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Go back to SemGroup Reports Financial Results for First Quarter 2019

SemGroup (SEMG) Misses Q1 EPS by 35c, Revenues Miss; Affirms FY19 Adj. EBITDA Outlook

May 7, 2019 4:25 PM EDT

SemGroup (NYSE: SEMG) reported Q1 EPS of ($0.37), $0.35 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $567.23 million versus the consensus estimate of $592.66 million.

Higher First Quarter Segment Profit Driven by U.S. Liquids and Canadian SegmentsStrategic Transactions Driving Debt Reduction InitiativesAffirming 2019 Consolidated Adjusted EBITDA Guidance Range of... More