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SemGroup Corporation was a publicly-traded company engaged in natural gas, petroleum, and propane pipeline transport. It was organized in Delaware and headquartered in Tulsa, Oklahoma . [ 1 ] In December 2019, the company was acquired by Energy Transfer LP .
Tom Kivisto is an American businessman who co-founded SemGroup, L.P. in April 2000 and served as the company's president and chief executive officer until July 18, 2008. [a] Under his leadership, SemGroup completed more than 40 acquisitions and its total assets grew from $227.4 million in 2000 to more than $3.6 billion at year-end 2005.
In September 2019, the company acquired SemGroup for $5 billion. [15] In January 2020, former Energy Secretary Rick Perry rejoined the company's board. [16] In August 2023, it was announced Energy Transfer had signed a definitive agreement to acquire its Houston-headquartered rival, Crestwood Equity Partners for approximately $7.1 billion. [17]
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The 10-second takeaway For the quarter ended March 31 (Q1), SemGroup whiffed on revenues and crushed expectations on earnings per share. Compared to the SemGroup Crushes Earnings Estimates
semgroup.com.au S.E.M. Group is a group of related civil engineering companies based in South Australia . It was established in 1976 by Harry and Janice Wauer as Salisbury Earthmovers Pty. Ltd. [ 1 ]
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