Tulsa-Based Semgroup Energy Partners Units Build On First Day's Surge On Stock Market

Summary


With one week under their belt, SemGroup Energy Partners LP units have built upon the surprise high-water marks set on the first day of trading.

"If I were SemGroup, I'd be a little unhappy with whoever priced that thing," said Larry Houchin, founder of Adams Hall Investment Management in Tulsa. "They left about $100 million on the table."

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Tulsa-Based Semgroup Energy Partners Units Build On First Day's Surge On Stock Market

From a starting price of $22 - itself up from the preview range of $19 to $21 - units for the new Tulsa-based master limited partnership led by SemGroup L...

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