Posts Tagged ‘weak oil and gas stocks’

Pre-Market Volume Surge: SemGroup (SGLP)

SemGroup Energy Partners, L.P. (NASDAQ: SGLP) is trading down huge again after it was informed by its parent company SemGroup, L.P. that it is experiencing liquidity issues and is exploring various alternatives, including raising additional equity, debt capital or the filing of a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. This [...]