Media headlines about SemGroup (NYSE:SEMG) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SemGroup earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the pipeline company an impact score of 47.1692287472291 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- SemGroup Corporation to Participate in Upcoming Energy Conferences (finance.yahoo.com)
- Swiss National Bank Has $3.52 Million Position in SemGroup Corp (SEMG) (americanbankingnews.com)
- Centenus Global Management LP Buys Shares of 38,000 SemGroup Corp (SEMG) (americanbankingnews.com)
- SemGroup (SEMG) Rating Lowered to Sell at ValuEngine (americanbankingnews.com)
- $561.76 Million in Sales Expected for SemGroup Corp (SEMG) This Quarter (americanbankingnews.com)
A number of analysts recently commented on SEMG shares. SunTrust Banks set a $29.00 price objective on shares of SemGroup and gave the company a “buy” rating in a research report on Friday, November 10th. BidaskClub cut SemGroup from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. Royal Bank of Canada lowered their target price on SemGroup from $33.00 to $28.00 and set an “outperform” rating for the company in a report on Tuesday, November 14th. Zacks Investment Research cut SemGroup from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 15th. Finally, Morgan Stanley lowered their target price on SemGroup from $32.00 to $29.00 and set an “equal weight” rating for the company in a report on Friday, November 17th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $28.63.
SemGroup (NYSE:SEMG) last released its earnings results on Monday, February 26th. The pipeline company reported $0.03 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.03. The firm had revenue of $606.80 million during the quarter, compared to analysts’ expectations of $560.34 million. SemGroup had a positive return on equity of 5.14% and a negative net margin of 0.82%. The company’s revenue was up 50.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 EPS. equities analysts forecast that SemGroup will post 0.33 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 19th. Stockholders of record on Friday, March 9th will be paid a dividend of $0.4725 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 8.48%. This is an increase from SemGroup’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, March 8th. SemGroup’s dividend payout ratio is currently -821.74%.
In other SemGroup news, Director William J. Mcadam acquired 10,000 shares of SemGroup stock in a transaction dated Wednesday, February 28th. The stock was bought at an average cost of $22.73 per share, for a total transaction of $227,300.00. Following the purchase, the director now directly owns 4,077 shares in the company, valued at approximately $92,670.21. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.77% of the company’s stock.
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SemGroup Company Profile
SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services to producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemGas, which provides natural gas gathering and processing services; SemCAMS, which operates natural gas processing and gathering facilities in Alberta, Canada; SemLogistics, which owns petroleum products storage facility in the United Kingdom, and SemMexico, which provides liquid asphalt cement products and product application services to the Mexican market, and Corporate and Other.
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