BNET Industries
Last Fiscal Year Sales:$20.1B
- Private
- US
Dow Jones Description
SemGroup, L.P. is a privately held midstream company providing the energy industry means to move products from the wellhead to the wholesale marketplace. SemGroup?s business segments focus on activities related to crude oil, refined petroleum products, natural gas, natural gas liquids and asphalt. SemGroup is based in Tulsa, Oklahoma, and has operations in the United States, Canada, Mexico, Wales (United Kingdom), Switzerland and Vietnam.
President & CEO
Thomas L. KivistoNumber of Employees 1,622
Contact Information
6120 South Yale Avenue
Suite 700
Tulsa, Oklahoma 74136-4216
(918) 524-8100
Peer Companies
NAICS Code Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals): 424720
Recent Events
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Judge approves SemGroup reorganization plan
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SemGroup, L.P. (Tulsa, OK)
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Billionaire finds new partner in Oklahoma
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SemGroup reorganization plan wins judge's OK
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SemGroup’s producers settlement tops $300 million
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SemGroup Reaches Agreement-in-Principle with Producers
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SemGroup names post-bankruptcy leadership team
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UPDATE 1-SemGroup names new CEO, board
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SemGroup gets court OK for $65.35M asset sale
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Producers to argue SemGroup payback
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SemGroup, LP Names New President of SemStream
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State court asked to rule on SemGroup
News & Analysis
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semgroup l.p. - All News and Analysis
SemGroup Energy Partners, L.P. Acquires 2.0 Million Barrels of New Crude Oil Storage; Gains Third-Party Agreement
TULSA, Okla. -- SemGroup Energy Partners, L.P. (NASDAQ: SGLP) today said that it has completed the previously announced acquisition of eight recently constructed crude oil storage tanks located at the Cushing Interchange from SemCrude, L.P. for $90 million. As part of the transaction, SemCrude transferred a take-or-pay, fee-based agreement to...
SemGroup Energy Partners to buy storage in Cushing
SemGroup Energy Partners has agreed to buy 2 million barrels of newly constructed crude oil storage at the Cushing Interchange from SemCrude LP for $90 million. SemCrude is a subsidiary of privately owned SemGroup LP. SemCrude will transfer a third-party storage agreement to SemGroup Energy...
SemGroup Energy Partners, L.P. Agrees to Acquire Storage at the Cushing Interchange
TULSA, Okla. -- SemGroup Energy Partners, L.P. (NASDAQ: SGLP) today announced it has agreed to acquire 2.0 million barrels of newly constructed crude oil storage at the Cushing Interchange from SemCrude, L.P. for $90 million. SemCrude is a subsidiary of privately owned SemGroup, L.P. In connection with the acquisition,...
Tulsa-based SemGroup Energy Partners buys pipeline from SemCrude
SemGroup Energy Partners has purchased the Eagle North Pipeline System from SemCrude for $45 million. The a 130-mile, 8-inch pipeline originates in Ardmore and ends Drumright. SemCrude is a subsidiary of privately-owned SemGroup LP. "This expansion of SemGroup Energy's asset base will provide crude...
Tulsa-based SemGroup Energy reports earnings
SemGroup Energy Partners has reported net income of $9.8 million, or 31 cents per diluted share, for the first quarter. Revenues for the quarter totaled $40.2 million. The Tulsa-based company reported a net loss of $12.3 million on revenues of $8.6 million for the first quarter...
SemGroup Energy Partners, L.P. Announces First-Quarter 2008 Earnings
TULSA, Okla. -- SemGroup Energy Partners, L.P. (NASDAQ: SGLP) today announced net income of $9.8 million, or $0.31 per basic and diluted common unit, on total revenues of $40.2 million, for the first quarter ended March 31, 2008. These results compare to pre-IPO predecessor results of a net loss...
22-year-old Kim takes a 4-shot lead in Tiger-less Wachovia
CHARLOTTE, N.C. -- Quail Hollow Club's tree-lined, old-style setup has produced an impressive list of winners, ranging from Vijay Singh to Jim Furyk to last year's champion, Tiger Woods. With Woods unable to defend his Wachovia Championship title following knee surgery, Anthony Kim moved a step away from...
Creamer leads at LPGA event
Paula Creamer and Lorena Ochoa played together for the first 36 holes at the SemGroup Championship, battling a vicious wind that came from two directions and getting two very different results. Creamer has made enough birdies that another sloppy finish Friday -- two bogeys on the final three holes --...
Ochoa trails by 4 at windy Cedar Ridge
Lorena Ochoa felt helpless as too many shots ballooned into relentless gusts that reached 36 mph Thursday, sending her to only her second round over par this year. Stranger still was listening to her describe a 2-over 73 at the SemGroup Championship: "I managed to finish with a...
Golf: Hee-Young Park leads SemGroup Championship
AAP Sports News Australia 05-02-2008 Golf: Hee-Young Park leads SemGroup Championship Korean golfer HEE-YOUNG PARK shot two-under 69 to lead by one shot after the first round of the LPGA event in Oklahoma. KATHERINE HULL...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Thomas L. Kivisto | President & CEO |
| Alex Stallings | Chief Accounting Officer |
| Gregory C. Wallace | Cfo, Secretary & Vice President |
| Kevin L. Foxx | Coo & Executive Vice President |
| Tim Purcell | Executive Vice President, Corporate Development - North America |
| W. James McCarthy | Executive Vice President, Strategic Development |
| Michael Brochetti | Senior Vice President, Finance |
| Don Spaugy | Vice President, Finance Services |
| Jerry Parsons | Vice President, Corporate Development - North America |
| Mark Lietzke | Corporate Controller |
| Alisa Perkins | Assistant Treasurer |
| Brent Cooper | Corporate Treasurer |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Cfo, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Coo & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Executive Vice President, Corporate Development - North America | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Executive Vice President, Strategic Development | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Senior Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Vice President, Finance Services | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Vice President, Corporate Development - North America | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Corporate Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Semgroup, L.P. | Corporate Treasurer | Current |
Executive News
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SGLP Enters Into Asphalt Storage Contracts and Leases Relating to its Asphalt Facilities
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SGLP Files Third Quarter 2008 Form 10-Q and Enters Into Asphalt Storage Contracts and Leases Relating to its Asphalt Facilities
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SGLP Files Third Quarter 2008 Form 10-Q and Enters Into Asphalt Storage Contracts and Leases...
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SGLP Files Third Quarter 2008 Form 10-Q and Enters Into Asphalt Storage Contracts and Leases Relating to its Asphalt Facilities
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SemGroup could have new CEO this year
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