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SemGroup reports 1Q loss

TULSA, Okla. (AP) _ SemGroup Corp. (SEMG) on Thursday reported a loss of $10.3 million in its first quarter.

The Tulsa, Oklahoma-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, came to 33 cents per share.

The petroleum pipeline and storage company posted revenue of $456.1 million in the period.

SemGroup shares have dropped 26 percent since the beginning of the year. The stock has climbed 10 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEMG at https://www.zacks.com/ap/SEMG

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Keywords: SemGroup, Earnings Report