KRMG Local News

Big trouble at Semgroup

By
Rick Couri, KRMG Sports director
@ July 18, 2008 8:44 AM Permalink | Comments (0) | TrackBacks (0)

Tulsa based SemGroup Energy Partners L.P., a fast rising star in the energy management world may have to file bankruptcy. A midday announcement that the SemGroup stock price fell by half left Tulsa and the rest of the nation shocked.

SemGroup has not been available for comment as of yet but they did issue a news release Friday morning announcing a new president. Terry Ronan has been named SemGroup, L.P. president and chief executive officer. Stay tuned all day to KRMG for updates as soon as they happen.

 

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