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Enter Symbol:
 
SemGroup Corp (SEMG) [hlAlert]

Rating:
Outperform
SEMG
up 96.02 %

SemGroup Corp (SEMG) rated Outperform by Wells Fargo

Posted on: Monday,  Dec 7, 2015  10:25 AM ET by Wells Fargo

Wells Fargo rated Outperform SemGroup Corp (NYSE: SEMG) on 12/07/2015, when the stock price was $27.44. Since
then, SemGroup Corp has gained 96.03% as of 01/05/2016's recent price of $53.79.
If you would have followed this Wells Fargo's recommendation on SEMG, you would have gained 96.02% of your investment in 29 days.

SemGroup Corporation owns a portfolio of businesses in the energy industry. The Company operates in seven segments: SemCrude, SemCanada Crude, SemStream, SemCAMS, SemLogistics and SemMexico. SemCrude conducts crude oil transportation, storage, terminalling, gathering, and marketing operations in the United States. SemCrude assets include 620-mile pipeline network in Kansas and Oklahoma that transports crude oil from producing wells and third-party pipeline connections to refineries and to a storage facility in Cushing, Oklahoma; a crude oil storage facility in Cushing, Oklahoma with a capacity of 4.2 million barrels; and a 51% ownership interest in White Cliffs Pipeline, L.L.C. (White Cliffs), which owns a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma. SemCanada Crude purchases, aggregates, blends, and sells crude oil in Western Canada. SemStream purchases, stores and sells natural gas liquids in the United States.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2015 10:25 AM Buy
None
27.44
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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