A $28 million settlement in the federal lawsuit against SemGroup co-founder Tom Kivisto and others will now seek the approval by unitholders who lost money after the parent company collapsed nearly ...
This story originally misspelled the name of NGL Energy Partners LP’s CEO. His name is Mike Krimbill. The story has been corrected. The heads of SemGroup Corp. and NGL Energy Partners LP called their ...
Oct. 27 (Bloomberg) -- Oil pipelines are in such high demand that traders are convinced SemGroup Corp., which emerged from bankruptcy two years ago, will get the biggest windfall of any takeover ...
TULSA, OK -- SemGroup announces it has reached its last major milestone on the road out of bankruptcy. More than a year after filing for bankruptcy, Tulsa based SemGroup has a clearer picture of the ...
TULSA, Okla., Dec. 04, 2019 (GLOBE NEWSWIRE) -- SemGroup ® Corporation (NYSE: SEMG) today announced its shareholders voted to approve the previously announced merger agreement whereby SemGroup will be ...
WILMINGTON, Del., July 31 (Reuters) - Bankrupt energy trader SemGroup LP, which collapsed last week after $3.2 billion in bad bets on oil prices, faces a looming cash crunch after legal wrangling ...
NEW YORK (Reuters) - U.S. energy trader SemGroup LP spiraled into bankruptcy last year after its top executives lied about its liquidity problems and mismanaged a speculative oil trading strategy, ...