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SemGroup Corporation’s Equity in NGL Energy Partners
SemGroup® Corporation contributed its SemStream®, L.P. business into NGL Energy Partners LP in November of 2011 in exchange for cash, an approximately one third stake in NGL Energy Partners, and a 7.5% interest in its General Partner.
NGL Energy Partners, L.P.
NGL Energy Partners is a Delaware limited partnership formed in September 2010 through the merger of Hicksgas and NGL Supply. The Partnership owns and operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing and retail propane.
Looking for an NGL Terminal? Visit http://www.nglsupplyllc.com/