SemGroup

Vision Ridge Partners Announces Senior-Level Promotions

Retrieved on: 
Wednesday, February 7, 2024

Vision Ridge Partners (“Vision Ridge”), a global sustainable real assets investor, today announced that it has promoted Rob van Es to Partner and Christina Scalzo to Managing Director.

Key Points: 
  • Vision Ridge Partners (“Vision Ridge”), a global sustainable real assets investor, today announced that it has promoted Rob van Es to Partner and Christina Scalzo to Managing Director.
  • “We are proud to announce the well-deserved promotions of Rob and Christina, whose excellent work has helped advance our investment activities in connection with the global transition to sustainability,” said Reuben Munger, Managing Partner and Chief Investment Officer of Vision Ridge.
  • “We look forward to the continued contributions across the Firm from Rob and Christina, as we pursue a wide range of new opportunities in energy, transportation, and agriculture around the globe.”
    Mr. van Es joined Vision Ridge in January 2015.
  • Ms. Scalzo joined Vision Ridge in September 2022.

HollyFrontier and Holly Energy Partners Announce Completion of Transactions with The Sinclair Companies and Establishment of New Parent Company, HF Sinclair Corporation

Retrieved on: 
Monday, March 14, 2022

HollyFrontier Corporation (NYSE: HFC) (HollyFrontier) and Holly Energy Partners, L.P. (NYSE: HEP) (HEP), today announced the establishment of HF Sinclair Corporation (NYSE: DINO) (HF Sinclair) as the new parent holding company of HollyFrontier and HEP and the completion of their respective acquisitions of Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies.

Key Points: 
  • HollyFrontier Corporation (NYSE: HFC) (HollyFrontier) and Holly Energy Partners, L.P. (NYSE: HEP) (HEP), today announced the establishment of HF Sinclair Corporation (NYSE: DINO) (HF Sinclair) as the new parent holding company of HollyFrontier and HEP and the completion of their respective acquisitions of Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies.
  • The completion of our transactions and the launch of HF Sinclair marks the start of the next phase of our Companys history, said Mike Jennings, Chief Executive Officer of HF Sinclair and HEP.
  • We are also optimistic about the significantly expanded scale of HEP, which will benefit from long-term commitments from HF Sinclair.
  • Mr. Matthews served as Chairman and CEO of Sinclair Oil Corporation from October 2009 until the closing of the transaction.

IMTT Announces Two New Team Members

Retrieved on: 
Thursday, March 11, 2021

NEW ORLEANS, March 11, 2021 /PRNewswire/ -- Shaun Revere and Kay Kittleman are joining the IMTT team.

Key Points: 
  • NEW ORLEANS, March 11, 2021 /PRNewswire/ -- Shaun Revere and Kay Kittleman are joining the IMTT team.
  • IMTT CEO, Carlin Conner, shared, "We are fortunate to have these two exceptional and talented leaders join IMTT, and both are excited to begin this new chapter in their careers."
  • He also served as president and CEO of Houston Fuel Oil Terminal Company prior to it being purchased by SemGroup in 2017.
  • Riverstone Holdings LLC acquired IMTT on Dec. 23, 2020.

Unit Corporation Announces Changes to Senior Management

Retrieved on: 
Tuesday, October 27, 2020

Unit Corporation (Company) announced today the following changes to its senior management team:

Key Points: 
  • Unit Corporation (Company) announced today the following changes to its senior management team:
    David Merrill has stepped down from his position as President and Chief Executive Officer and has also resigned from the Board of Directors;
    Les Austin, the Companys Chief Financial Officer, has retired; and
    Frank Young has stepped down from his position as Executive Vice President of Unit Petroleum, the Companys exploration and production affiliate.
  • Before that, he spent four years as the Chief Accounting Officer and Controller for SemGroup Corporation.
  • Unit Corporation is a Tulsa-based energy company engaged through its subsidiaries in oil and natural gas exploration, production, contract drilling and natural gas gathering and processing.
  • For more information about Unit Corporation, visit its website at http://www.unitcorp.com .

Noble Midstream to Transfer Stock Exchange Listing to Nasdaq

Retrieved on: 
Monday, December 16, 2019

Noble Midstream Partners LP (NYSE: NBLX) (the Partnership or Noble Midstream) announced that it will voluntarily transfer its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective December 27, 2019 after market close.

Key Points: 
  • Noble Midstream Partners LP (NYSE: NBLX) (the Partnership or Noble Midstream) announced that it will voluntarily transfer its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective December 27, 2019 after market close.
  • Noble Midstream units are expected to begin trading as a Nasdaq-listed security on December 30, 2019.
  • Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy, Inc., to own, operate, develop and acquire domestic midstream infrastructure assets.
  • Noble Midstream currently provides crude oil, natural gas, and water-related midstream services in the DJ Basin in Colorado and the Delaware Basin in Texas.

Energy Transfer and SemGroup Announce Successful Completion of Merger

Retrieved on: 
Thursday, December 5, 2019

Energy Transfer LP (NYSE: ET) and SemGroup Corporation (NYSE: SEMG) today announced the completion of their previously announced merger, which resulted in the acquisition of Tulsa-based SemGroup by Dallas-based Energy Transfer.

Key Points: 
  • Energy Transfer LP (NYSE: ET) and SemGroup Corporation (NYSE: SEMG) today announced the completion of their previously announced merger, which resulted in the acquisition of Tulsa-based SemGroup by Dallas-based Energy Transfer.
  • As a result of the merger, Energy Transfer issued approximately 57.6 million of its common units to SemGroup stockholders.
  • Energy Transfer and SemGroup cannot give any assurance that expectations and projections about future events will prove to be correct.
  • Energy Transfer and SemGroup undertake no obligation to update publicly or to revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SemGroup Shareholders Approve Merger Transaction with Energy Transfer

Retrieved on: 
Wednesday, December 4, 2019

TULSA, Okla., Dec. 04, 2019 (GLOBE NEWSWIRE) -- SemGroup Corporation (NYSE: SEMG) today announced its shareholders voted to approve the previously announced merger agreement whereby SemGroup will be acquired by Energy Transfer LP (NYSE: ET) (ET or Energy Transfer) in a unit and cash transaction.

Key Points: 
  • TULSA, Okla., Dec. 04, 2019 (GLOBE NEWSWIRE) -- SemGroup Corporation (NYSE: SEMG) today announced its shareholders voted to approve the previously announced merger agreement whereby SemGroup will be acquired by Energy Transfer LP (NYSE: ET) (ET or Energy Transfer) in a unit and cash transaction.
  • At completion of the merger, SemGroup shareholders will receive $6.80 per share in cash and 0.7275 of an ET common unit for each SemGroup share, or approximately 40% cash and 60% equity.
  • In connection with the proposed transaction, Energy Transfer has filed a registration on Form S-4 that includes a proxy statement of SemGroup.
  • SemGroup and Energy Transfer may also file other documents with the SEC regarding the proposed transaction.

Rigrodsky & Long, P.A. Files Class Action Suit Against SemGroup Corporation

Retrieved on: 
Tuesday, November 5, 2019

The Complaint, which alleges violations of the Securities Exchange Act of 1934 against SemGroup, its Board of Directors (the Board), Energy Transfer, and Merger Sub, is captioned Thompson v. SemGroup Corporation, Case No.

Key Points: 
  • The Complaint, which alleges violations of the Securities Exchange Act of 1934 against SemGroup, its Board of Directors (the Board), Energy Transfer, and Merger Sub, is captioned Thompson v. SemGroup Corporation, Case No.
  • If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiffs counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A.
  • On September 15, 2019, SemGroup entered into an agreement and plan of merger (the Merger Agreement) with Energy Transfer and Merger Sub.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

SemGroup Declares Quarterly Dividends

Retrieved on: 
Monday, November 4, 2019

As previously announced, SemGroup plans to release its third quarter 2019 earnings results after the market closes on Thursday, November 7, 2019.

Key Points: 
  • As previously announced, SemGroup plans to release its third quarter 2019 earnings results after the market closes on Thursday, November 7, 2019.
  • SemGroup Corporation (NYSE:SEMG) moves energy across North America through a network of pipelines, processing plants, refinery-connected storage facilities and deep-water marine terminals with import and export capabilities.
  • SemGroup serves as a versatile connection between upstream oil and gas producers and downstream refiners and end users.
  • SemGroup uses its Investor Relations website and social media outlets as channels of distribution of material company information.

Bragar Eagel & Squire, P.C. Announces that it Is Investigating the Boards of Directors of Avedro, Dova, SemGroup, and United Community on behalf of Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, October 28, 2019

announces to investors that it is investigating potential claims on behalf of stockholders of Avedro, Inc. (NASDAQ: AVDR), Dova Pharmaceuticals, Inc. (NASDAQ: DOVA), SemGroup Corporation (NYSE: SEMG), and United Community Financial Corp. (NASDAQ: UCFC).

Key Points: 
  • announces to investors that it is investigating potential claims on behalf of stockholders of Avedro, Inc. (NASDAQ: AVDR), Dova Pharmaceuticals, Inc. (NASDAQ: DOVA), SemGroup Corporation (NYSE: SEMG), and United Community Financial Corp. (NASDAQ: UCFC).
  • Additional information about each potential action can be found at the link provided.
  • Pursuant to the proposed transaction announced on August 7, 2019, Avedro shareholders will receive 0.365 shares of Glaukos common stock for each share of Avedro common stock owned.
  • Additionally, Dova shareholders will be entitled to one non-tradeable CVR of $1.50 per share upon the regulatory approval of DOPTELET, a treatment for CIT.