SemGroup Corporation reaffirmed earnings guidance for the fourth quarter and full year 2017. The company is reaffirming its previously announced 2017 adjusted EBITDA guidance of between $270 million and $310 million and fourth quarter of 2017 run rate of between $325 million and $340 million on its existing business. Assuming an early third quarter close, the company management expects Houston Fuel Oil Terminal Company (“HFOTCO”) to contribute between $60 million and $65 million of additional Adjusted EBITDA during 2017. Including projects scheduled to be placed into service during 2018 and 2019, management anticipates HFOTCO 2018 Adjusted EBITDA of $135 million to $145 million growing to $180 million to $190 million in 2019. The company does not provide guidance for net income, the GAAP financial measure most directly comparable to the non-GAAP financial measure Adjusted EBITDA, because Net Income includes items such as unrealized gains or losses on derivative activities or similar items which, because of their nature, cannot be accurately forecasted. The company do not expect that such amounts would be significant to Adjusted EBITDA as they are largely non-cash items. The company expects to increase capital expenditures from $500 million to $575 million in 2017.