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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Tue., Jun. 28, 1:57 AM

Slide #12. SemGroup Corporation Secondary Offering

Company: SemGroup Corporation (NYSE:SEMG)
Date announced: 6/16/2016
Shares Offered: 7,500,000
Date of Pricing: 6/16/2016
Price Per Share: $27.00
Secondary Offering Details: SemGroup Corporation (NYSE:SEMG) today announced the commencement of a registered underwritten public offering of 5,000,000 shares of its Class A common stock. SemGroup also intends to grant the underwriter a 30-day option to purchase up to 750,000 additional Class A common shares. -updated 6/16- SemGroup Corporation (NYSE:SEMG) today announced the pricing of its upsized underwritten public offering of 7,500,00 shares of its Class A common stock at an offering price of $27.00 per share. The underwriter has been granted a 30-day option to purchase up to an additional 1,125,000 Class A common shares. This offering is expected to close on June 22, 2016, subject to customary closing conditions.

SemGroup provides gathering, transportation, storage, distribution, marketing, and other midstream services. Co. conducts its business through six segments: Crude, which conducts oil transportation, storage, terminalling, gathering, and marketing operations in the U.S.; SemStream, which owns and operates wholesale and retail propane storage and distribution assets; SemCAMS, which provides natural gas gathering and processing services in Canada; SemGas, which provides natural gas gathering and processing services in the U.S.; SemLogistics, which provides refined product and crude oil storage services in the U.K.; and SemMexico, which provides liquid asphalt cement products in Mexico.

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Company Name:  SemGroup Corp
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding SEMG:  29
Total Market Value Held by ETFs:  $55.02M
Total Market Capitalization:  $1.46B
% of Market Cap. Held by ETFs:  3.78%

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June 28, 2016    1:57 AM Eastern
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