US

SemGroup posts 2Q profit

TULSA, Okla. (AP) _ SemGroup Corp. (SEMG) on Monday reported second-quarter profit of $9.6 million.

On a per-share basis, the Tulsa, Oklahoma-based company said it had net income of 15 cents.

The petroleum pipeline and storage company posted revenue of $473.1 million in the period.

SemGroup shares have decreased 39 percent since the beginning of the year. The stock has declined 13 percent in the last 12 months.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on SEMG at https://www.zacks.com/ap/SEMG

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Keywords: SemGroup, Earnings Report