News headlines about SemGroup (NYSE:SEMG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SemGroup earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 45.1707332632932 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of analysts have recently commented on the company. Capital One Financial restated an “equal weight” rating on shares of SemGroup in a research note on Thursday, June 28th. Barclays increased their price target on SemGroup from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Wednesday. ValuEngine downgraded SemGroup from a “sell” rating to a “strong sell” rating in a research report on Tuesday, May 22nd. BMO Capital Markets started coverage on SemGroup in a research report on Tuesday, June 12th. They set a “market perform” rating and a $25.00 price target on the stock. Finally, Morgan Stanley lowered their price target on SemGroup from $29.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Friday, April 6th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $26.92.
Get SemGroup alerts:SemGroup traded down $0.10, reaching $24.50, during mid-day trading on Thursday, MarketBeat.com reports. 7,765 shares of the company’s stock were exchanged, compared to its average volume of 701,466. The company has a market capitalization of $2.02 billion, a P/E ratio of -102.08, a P/E/G ratio of 125.00 and a beta of 1.91. The company has a current ratio of 1.46, a quick ratio of 1.34 and a debt-to-equity ratio of 1.69. SemGroup has a 12-month low of $20.20 and a 12-month high of $30.95.
SemGroup (NYSE:SEMG) last issued its quarterly earnings results on Tuesday, May 8th. The pipeline company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.55). The business had revenue of $661.61 million for the quarter, compared to analysts’ expectations of $570.99 million. SemGroup had a positive return on equity of 2.17% and a negative net margin of 1.74%. The business’s revenue for the quarter was up 45.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.16) EPS. research analysts predict that SemGroup will post 0.04 earnings per share for the current fiscal year.
About SemGroup
SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. Its Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It operates a 455-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, LLC; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and 3 pipelines with an aggregate of 106 miles of pipe, as well as crude oil trucking fleet of 215 transport trucks and 210 trailers.
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