Publicly traded SemGroup Energy Partners, the now separated spinoff from bankrupt SemGroup LP, Thursday filed its fourth-quarter and annual earnings report for 2008. The release is almost four months late but is the company’s third catchup filing since March.
SemGroup Energy Partners, also known as SGLP, totaled $17.8 million in net income last year despite its parent firm’s financial collapse, according to the report. Fourth-quarter figures, however, showed a net loss of $1.7 million. Click here to read the complete article at Tulsaworld.com