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Semgroup Corporation
Semgroup Corporation (Ticker: SEMG) is a publicly traded company based in Tulsa, Oklahoma, USA. The company is engaged in the midstream energy infrastructure, including the transportation, storage, and processing of crude oil and natural gas, as well as natural gas liquids (NGLs) and refined products.
Semgroup's operations are organized into three business segments:
1. Crude Oil: This segment is involved in the transportation, storage, and trading of crude oil and NGLs. The company's assets include a network of pipelines, truck terminals, and storage facilities in key crude oil producing areas in the United States.
2. Refined Products: This segment is responsible for the storage, transportation, and marketing of refined petroleum products, including gasoline, diesel fuel, and jet fuel.
3. Natural Gas: This segment focuses on the gathering, processing, and transportation of natural gas and NGLs.
Semgroup's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "SEMG". The company's market capitalization is approximately $1.9 billion as of May 2023. The company's financial performance is influenced by factors such as commodity prices, supply and demand dynamics, and regulatory and environmental policies.
Investors interested in Semgroup Corporation should conduct their own research and analysis, taking into account the company's financial statements, industry trends, and macroeconomic factors, before making investment decisions.