Our results by segment are presented in the tables below (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Revenues:
Crude Transportation
External	$	15,643		$	22,425		$	32,839		$	42,752
Intersegment	5,128			3,562			12,341			7,283
Crude Facilities
External	10,300			11,402			20,433			22,807
Intersegment	2,526			—			5,272			—
Crude Supply and Logistics
External	143,201			189,476			319,823			292,437
SemGas
External	48,200			60,270			91,720			120,546
Intersegment	2,521			6,451			5,267			12,432
SemCAMS
External	33,815			35,915			64,681			65,639
SemLogistics
External	5,932			6,279			12,312			11,431
SemMexico
External	30,286			51,459			60,420			112,949
Corporate and Other
External	—			—			—			6,975
Intersegment	(10,175		)	(10,013		)	(22,880		)	(19,715		)
Total Revenues	$	287,377		$	377,226		$	602,228		$	675,536

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Earnings from equity method investments:
Crude Transportation	$	17,078		$	17,683		$	37,917		$	38,547
Corporate and Other⁽¹⁾	—			12,117			2,191			11,812



Total earnings from equity method investments	$	17,078		$	29,800	$	40,108		$	50,359
(1) Includes historical earnings from equity method investments including gain (loss) on issuance of common units by equity method investee related to our investment in NGL Energy. Gains and losses on the disposal or impairment of equity investments are not reported within "earnings from equity method investments" in the condensed consolidated statements of operations and comprehensive income (loss). See Note 3 for additional information.

	Three Months Ended June 30,					Six Months Ended June 30,
	2016			2015		2016			2015
Depreciation and amortization:
Crude Transportation	$	6,171		$	9,038	$	12,030		$	17,656
Crude Facilities	1,921			1,406		3,805			2,775
Crude Supply and Logistics	40			40		80			79
SemGas	9,194			7,359		18,116			14,497
SemCAMS	4,294			3,187		8,245			6,253
SemLogistics	1,983			2,154		3,943			4,194
SemMexico	949			1,037		1,890			2,090
Corporate and Other	496			453		986			864
Total depreciation and amortization	$	25,048		$	24,674	$	49,095		$	48,408

	Three Months Ended June 30,					Six Months Ended June 30,
	2016			2015		2016			2015
Income tax expense (benefit):
SemCAMS	$	451		$	616	$	1,416		$	1,167
SemLogistics	(273		)	167		(214		)	(202		)
SemMexico	194			764		801			1,754
Corporate and Other	4,286			13,314		(18,752		)	16,884
Total income tax expense (benefit)	$	4,658		$	14,861	$	(16,749	)	$	19,603

	Three Months Ended June 30,					Six Months Ended June 30,
	2016			2015		2016			2015
Segment profit ⁽¹⁾:
Crude Transportation	$	18,161		$	19,983	$	43,579		$	44,507
Crude Facilities	9,371			7,963		18,958			16,365
Crude Supply and Logistics	10,069			10,978		19,162			16,159
SemGas	12,304			17,671		11,312			32,551
SemCAMS	9,000			7,981		18,904			15,866
SemLogistics	2,002			1,992		4,661			2,853
SemMexico	2,024			5,056		4,342			10,179
Corporate and Other⁽²⁾	(8,008		)	4,740		(14,168		)	(19,132		)
Total segment profit	$	54,923		$	76,364	$	106,750		$	119,348
(1) Segment profit represents revenues excluding unrealized gains (losses) related to derivative instruments plus earnings from equity method investments less cost of sales excluding depreciation and amortization and less operating and general and administrative expenses.
(2) Corporate and Other includes amounts previously included in the SemStream segment which ceased to be a reportable segment in the second quarter of 2016. See Note 3 for additional information.




	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Reconciliation of segment profit to net income:
Total segment profit	$	54,923		$	76,364		$	106,750		$	119,348
Less:
Net unrealized loss (gain) related to derivative instruments	4,477			(1,415		)	(71		)	1,230
Depreciation and amortization	25,048			24,674			49,095			48,408
Interest expense	18,875			16,822			37,810			31,413
Foreign currency transaction loss (gain)	1,543			(295		)	3,012			(814		)
Loss (gain) on sale or impairment of equity method investment	(9,120		)	(6,623		)	30,644			(14,517		)
Other income, net	(491		)	(95		)	(678		)	(186		)
Income tax expense	4,658			14,861			(16,749		)	19,603
Loss from discontinued operations, net of taxes	2			2			4			2
Net income	$	9,931		$	28,433		$	3,683		$	34,209

							June 30, 2016			December 31, 2015
Total assets (excluding intersegment receivables):
Crude Transportation							$	931,362		$	877,017
Crude Facilities							154,359			155,186
Crude Supply and Logistics							430,297			328,419
SemGas							691,823			719,789
SemCAMS							376,586			331,749
SemLogistics							143,648			155,794
SemMexico							86,073			89,608
Corporate and Other⁽¹⁾							282,826			196,347
Total							$	3,096,974		$	2,853,909
(1) Corporate and Other includes amounts previously included in the SemStream segment which ceased to be a reportable segment in the second quarter of 2016. See Note 3 for additional information.

							June 30, 2016			December 31, 2015
Equity investments:
Crude Transportation							$	427,961		$	438,291
Corporate and Other⁽¹⁾							18,977			112,787
Total equity investments							$	446,938		$	551,078
(1) Corporate and Other includes amounts previously included in the SemStream segment which ceased to be a reportable segment in the second quarter of 2016. See Note 3 for additional information.