SemGroup LP was founded in February 2001. On July 9, 2007 SemGroup announced that it would establish a publicly traded affiliate, SemGroup Energy Partners LP, who would be traded on NASDAQ, under the symbol SGLP.cite news
title=SemGroup nears IPO| publisher=Tulsa World
author= John Stancavage

On Mid-July, 2008, SemGroup ran into liquidity problems related to its oil-hedging program and warned it may have to file for bankruptcy as part of a financial restructuring. Adding to SemGroup's troubles, hedge funds run by Alerian Capital Management and Elliot Associates exercised the terms of a secured loan made to SemGroup and took over the general partnership interest in SemGroup Energy Partners LP. On July 22, 2008 Semgroup, LP filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Wilmington, Delaware.Fact|date=August 2008 The company listed both debts and assets of more than US$1 billion.


SemGroup LP is engaged in diversified services for the North American crude oil and refined products industry. Operations include gathering, transporting, marketing and hedging services. SemGroup owns and operates carrier pipelines, oil transport and service trucks, pipeline injection stations and terminal storage in Oklahoma, Louisiana, Kansas and Texas. Canadian operations are located in Alberta, British Columbia, and Saskatchewan. The company is based in Tulsa, Oklahoma, USA.


SemMaterials is the division of SemGroup primarily responsible for asphalt and emulsion production. The division head head is Frank Panzer.

Leadership team

*Terry Ronan - Acting President and Chief Executive Officer
*Thomas L. Kivisto - Former President and Chief Executive Officer
*Kevin L. Foxx - Executive Vice President and Chief Operating Officer
*Gregory C. Wallace - Vice President, Chief Financial Officer and Secretary
*Brent Cooper - Corporate Treasurer
* Roberto Garza Cabello - General Manager Mexico
*Alex Stallings - Chief Accounting Officer
*Michael Brochetti - Senior Vice President, Finance
*Don Spaugy - Vice President, Financial Services
*Mickey Euliss - Corporate Controller


External links

* [ Official website]

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • SemGroup — Rechtsform Sitz Tulsa, Oklahoma Leitung Thomas …   Deutsch Wikipedia

  • SemGroup Championship — The SemGroup Championship, in full the SemGroup Championship Presented by John Q. Hammons, is a golf tournament for professional female golfers that is part of the LPGA Tour. It has been played annually since 2001 in Tulsa, Oklahoma.The… …   Wikipedia

  • Mi-Hyun Kim — This is a Korean name; the family name is Kim. Mi Hyun Kim 김미현 Kim at the 2009 LPGA Championship Person …   Wikipedia

  • Mi Hyun Kim — Infobox Korean name hangul=김미현 hanja= 金美賢 rr= Gim Mi hyeon mr= Kim Mi hyŏn Mi Hyun Kim (born in Inchon on 13 January 1977) is a professional golfer from South Korea. She turned professional in 1996 and won 11 events on the LPGA of Korea Tour… …   Wikipedia

  • Thomas L. Kivisto — Tom Kivisto co founded SemGroup, L.P. in April 2000 and served as the company’s president and chief executive officer until July 18, 2008. Under his leadership, SemGroup completed more than 40 acquisitions and its total assets grew from $227.4… …   Wikipedia

  • Tulsa, Oklahoma — Tulsa redirects here. For other uses, see Tulsa (disambiguation). City of Tulsa   City   Skyline of Downtown Tulsa …   Wikipedia

  • Paula Creamer — (born August 5, 1986), nicknamed the Pink Panther , is an American professional golfer who plays on the U.S. based Ladies Professional Golf Association (LPGA) Tour. In her four seasons as a professional, she has won 10 tournaments, including… …   Wikipedia

  • Gregory C. Wallace — Greg Wallace co founded SemGroup, L.P. in April 2000 and serves as the company’s vice president, chief financial officer and secretary. Wallace had more than 15 years of prior energy industry financial and administrative experience before his… …   Wikipedia

  • Liste der grössten Unternehmen in den Vereinigten Staaten — Die Liste der größten Unternehmen in den Vereinigten Staaten enthält die vom Forbes Magazine in der Liste Forbes Global 2000 veröffentlichten größten börsennotierten Unternehmen in den Vereinigten Staaten. Aufgeführt sind auch die von Forbes in… …   Deutsch Wikipedia

  • Cushing, Oklahoma —   City   Pipeline Crossroads of the World monument, 2006 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.