trending Market Intelligence /marketintelligence/en/news-insights/trending/dXQM2NA1-0yGxGNbdWXfoQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

SemGroup to sell up to 12,383,900 shares of common stock

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


SemGroup to sell up to 12,383,900 shares of common stock

SemGroup Corp. filed to sell up to 12,383,900 shares of its class A common stock for a proposed maximum offering price of $28.50 per share or $352.9 million in total, according to an SEC Form filed Oct. 13.

The shares on offer belong to certain selling stockholders and were issued in connection with Semgroup's Houston Fuel Oil Terminal Co. acquisition. SemGroup will not receive any proceeds from any sale.

The selling stockholders may sell the class A common stock at various times, in varying prices and though various transactions, such as open market sales, negotiated transaction sales and sales by a combination of methods.

The proposed maximum offering price is estimated solely for the purpose of calculating the registration fee.