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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.


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


Keywords: SemGroup, Earnings Report