On the Record · SemGroup

SemGroup acquisitions, on the record

The businesses SemGroup bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Rose Rock Midstream, L.P. Word for word“On September 30, 2016, we completed the acquisition of the outstanding common limited partner interests of Rose Rock which we did not already own (the "Merger").” 10-K for 2016	acquisition	September 30, 2016	—
Crude oil trucking assets from a subsidiary of Chesapeake Energy Corporation Word for word“On June 24, 2014, our Crude Transportation segment acquired crude oil trucking assets from a subsidiary of Chesapeake Energy Corporation ("Chesapeake") (NYSE: CHK) for $44.0 million in cash.” 10-K for 2016	acquisition	June 24, 2014	$44.0 million in cash
Wattenberg Oil Trunkline and Glass Mountain Word for word“Proceeds from issuances of equity by Rose Rock were used to fund Rose Rock's acquisition of Wattenberg Oil Trunkline and Glass Mountain from SemGroup.” 10-K for 2016	divestiture	—	—
HFOTCO LLC (doing business as Houston Fuel Oil Terminal Company LLC) Word for word“On July 17, 2017, upon the closing of the HFOTCO acquisition, we made the first payment to the Sellers, which consisted of $297.8 million in cash funded from our revolving credit facility, issuance of approximately 12.4 million shares of our Class A common stock, and the assumption of existing HFOTCO net debt of approximately $766 million.” 10-K for 2017	acquisition	On July 17, 2017	$297.8 million in cash funded from our revolving credit facility, issuance of approximately 12.4 million shares of our Class A common stock, and the assumption of existing HFOTCO net debt of approximately $766 million
Glass Mountain Pipeline (our ownership interest in Glass Mountain) Word for word“The gain on the sale of Glass Mountain is due to the December 22, 2017 sale of our ownership interest in Glass Mountain for $300 million, subject to working capital and other adjustments.” 10-K for 2017	divestiture	December 22, 2017	$300 million, subject to working capital and other adjustments
Mexican asphalt operations Word for word“an agreement to sell our Mexican asphalt operations for $55 million in cash plus an estimated $15 million of non-cash working capital (subject to customary adjustments for capital expenditures), an agreement to sell our U.K. operations for $71.5 million with potential earnout payments and issued $350 million of Preferred Stock.” 10-K for 2017	agreed divestiture	—	$55 million in cash plus an estimated $15 million of non-cash working capital
U.K. operations Word for word“an agreement to sell our U.K. operations for $71.5 million with potential earnout payments and issued $350 million of Preferred Stock.” 10-K for 2017	agreed divestiture	—	$71.5 million with potential earnout payments
Rose Rock Midstream, L.P. Word for word“He also served as chairman of the Board of Directors, president and chief executive officer of the general partner of Rose Rock Midstream, L.P. ("Rose Rock"), a publicly traded master limited partnership and subsidiary of the Company, which owned and operated a diversified portfolio of midstream energy assets, from 2014 until September 2016, when SemGroup acquired all of Rose Rock.” 10-K for 2017	merger	September 2016	—
limited partner interest in NGL Energy Word for word“The decrease in earnings from equity method investments is due to the sale of our limited partner interest in NGL Energy in April of 2016.” 10-K for 2017	divestiture	—	—
Meritage Midstream ULC Word for word“On February 25, 2019, we completed the acquisition of Meritage Midstream ULC.” 10-K for 2018	acquisition	February 25, 2019	—
Glass Mountain Word for word“The gain on the sale of Glass Mountain is due to the December 22, 2017 sale of our ownership interest in Glass Mountain for $300 million, subject to working capital and other adjustments.” 10-K for 2018	divestiture	December 22, 2017	$300 million
HFOTCO Word for word“The decrease is primarily due to a reduction in acquisition related costs, the disposition of our U.K. and Mexican businesses in early 2018 and full year of expense related to our HFOTCO acquisition, which was acquired in July of 2017.” 10-K for 2018	acquisition	July of 2017	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2016-12-31	$0
2017-12-31	$294.2 million
2018-12-31	$0

Deal filings since 2016

2019-12-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-01-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from SemGroup’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.