SEMG
SemGroup Corporation
Industrial/Transportation
10/31/2014
Presented
Date | 10/27/2014 |
Price | $75.76 |
Market Cap | $3.23B |
Ent Value | $4.45B |
P/E Ratio | 124.23x |
Book Value | $25.75 |
Div Yield | 1.7% |
Shares O/S | 42.64M |
Ave Daily Vol | 490,000 |
Short Int | 4.16% |
Current
Price | $15.02 |
Market Cap | $1.20B |
SemGroup Corporation, together with its subsidiaries, provides gathering, transportation, storage, distribution, marketing, and other midstream services. It operates through six segments: Crude, SemStream, SemLogistics, SemCAMS, SemMexico, and SemGas. The Crude segment conducts crude oil transportation, storage, terminalling, gathering, blending, and marketing operations in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Oklahoma, Texas, and Wyoming. The SemStream segment owns and operates wholesale and retail propane storage and distribution assets, as well as provides crude oil logistics and water treatment services in the United States. The SemLogistics segment offers refined product and crude oil storage services, as well as maintains and operates storage, terminal, and marine facilities at Milford Haven in the United Kingdom. The SemCAMS segment owns and operates natural gas processing and gathering facilities in Alberta, Canada. The SemMexico segment purchases, produces, stores, and distributes liquid asphalt cement products in Mexico. The SemGas segment provides natural gas gathering and processing services in Kansas, Oklahoma, and Texas. In addition, SemGroup Corporation operates approximately 1,900 miles of natural gas and natural gas liquids transportation, gathering, and distribution pipelines in Kansas, Oklahoma, and Texas, as well as in Alberta, Canada; 8.7 million barrels of multi-product storage capacity in the United Kingdom; and 12 liquid asphalt cement terminals and modification facilities, and 1 emulsion distribution terminal in Mexico. The company primarily serves independent producers, refiners of petroleum products, and other market participants in the Midwest and Rocky Mountain regions of the United States and Canada. SemGroup Corporation was founded in 2000 and is headquartered in Tulsa, Oklahoma. |
Publicly traded companies mentioned herein: SemGroup Corporation (SEMG), Rose Rock Midstream, L.P. (RRMS), Anadarko Petroleum Corporation (APC), Noble Energy Inc (NBL)
Highlights
SemGroup Corporation (SEMG), owner of Rose Rock Midstream, operates pipeline, terminal and trucking assets in a number of attractive regions/ shale plays, including the DJ/ Niobrara, Bakken, and Mississippi Lime, among others. The presenter is long the stock and sees the potential for shares to appreciate to $125+ over the next 12-18 months as SEMG’s capacity expands and assets are dropped down into Rose Rock.
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