SemGroup Energy Partners (SEMG) Getting Somewhat Favorable News Coverage, Study Finds

News coverage about SemGroup Energy Partners (NYSE:SEMG) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SemGroup Energy Partners earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media coverage about the pipeline company an impact score of 46.8145642359641 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several brokerages have recently commented on SEMG. Zacks Investment Research raised SemGroup Energy Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. UBS reaffirmed a “buy” rating and issued a $29.00 price target (down previously from $31.00) on shares of SemGroup Energy Partners in a research note on Friday, March 2nd. Barclays reaffirmed a “hold” rating and issued a $28.00 price target on shares of SemGroup Energy Partners in a research note on Friday, January 19th. Goldman Sachs lowered SemGroup Energy Partners from a “buy” rating to a “neutral” rating and set a $32.00 price target on the stock. in a research note on Friday, January 5th. Finally, US Capital Advisors lowered SemGroup Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. SemGroup Energy Partners presently has an average rating of “Hold” and a consensus target price of $28.63.

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SemGroup Energy Partners stock opened at $21.30 on Friday. SemGroup Energy Partners has a 12 month low of $20.95 and a 12 month high of $36.65. The company has a market capitalization of $1,734.74, a price-to-earnings ratio of -92.61, a PEG ratio of 9.07 and a beta of 1.98. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 1.72.

SemGroup Energy Partners (NYSE:SEMG) last posted its quarterly earnings data on Monday, February 26th. The pipeline company reported $0.03 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.03. The firm had revenue of $606.80 million for the quarter, compared to the consensus estimate of $560.34 million. SemGroup Energy Partners had a positive return on equity of 5.14% and a negative net margin of 0.82%. The company’s quarterly revenue was up 50.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 EPS. sell-side analysts expect that SemGroup Energy Partners will post 0.48 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 19th. Investors of record on Friday, March 9th were issued a $0.4725 dividend. This represents a $1.89 annualized dividend and a dividend yield of 8.87%. The ex-dividend date was Thursday, March 8th. This is an increase from SemGroup Energy Partners’s previous quarterly dividend of $0.45. SemGroup Energy Partners’s payout ratio is currently -821.74%.

In other news, Director William J. Mcadam acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of $22.73 per share, for a total transaction of $227,300.00. Following the acquisition, the director now owns 4,077 shares of the company’s stock, valued at $92,670.21. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.77% of the stock is currently owned by insiders.

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SemGroup Energy Partners Company Profile

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.

Insider Buying and Selling by Quarter for SemGroup Energy Partners (NYSE:SEMG)

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