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SemGroup Corporation

Company Summary

Description

SemGroup Corporation is a growth-oriented midstream company that specializes in moving energy. We own, operate, develop and acquire a diversified portfolio of midstream energy assets in the United States, Canada, Mexico and the United Kingdom.

Website

http://www.semgroupcorp.com/

Operational Regions

  • United States
  • Canada
  • Mexico
  • Europe

Financial Data:

NYSE:SEMG from Google Finance

Tickers:

  • SEMG - New York Stock Exchange

Related Entities

Recent news

  • 6/9/2020 - Alinda Capital's Newest... (subscriber access)
  • 12/5/2019 - Energy Transfer and... (subscriber access)
  • 9/16/2019 - Energy Transfer Acquires... (subscriber access)
  • 7/5/2019 - SemGroup & DCP Extend... (subscriber access)
  • 2/1/2019 - SemGroup Extends Open... (subscriber access)

Investor Presentations

  • SemCAMS Midstream JV Announcement
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q18 Earnings Presentation (subscriber access)
  • Investor Presentation - January 2016 (subscriber access)

Company Transactions

Date: 12/5/2019
Type: Acquisition

DETAILS:

COST: 5 $B

NOTES:
Energy Transfer entered into a definitive merger agreement in which it will acquire SemGroup in for roughly $5 billion.
REGIONS:
  • North America
  • Date: 2/15/2019
    Type: Joint Venture

    NOTES:
    SemGroup to own 51% and KKR to own 49% of the new company, SemCAMS Midstream ULC
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 10/23/2018
    Type: Acquisition

    DETAILS:

    COST: 350 $MM

    NOTES:
    SemGroup reported that they are selling a 49% stake in the Maurepas Pipeline for $350 million to Alinda Capital Partners. SemGroup has the option to acquire Alinda's interest ahead of the fifth anniversary of closing, subject to a 24-month non-call period.
    REGIONS:
  • Gulf Coast
  • Date: 12/27/2017
    Type: Acquisition

    NOTES:
    SemGroup, through Rose Rock, and NGL Energy Partners are selling their 50% stakes in Glass Mountain for $300 million each.
    REGIONS:
  • Oklahoma STACK Play
  • Midcontinent
  • Date: 7/17/2017
    Type: Acquisition

    NOTES:
    SemGroup has closed the deal with Alinda Capital Partners to acquire Houston Fuel Oil Terminal Company.
    REGIONS:
  • Gulf Coast