SemGroup Corporation SEMG recently announced a binding open season with DCP Midstream, LP DCP for the proposed Gladiator Pipeline, which will provide light crude oil shipping services. The pipeline project is expected to connect Cushing, OK and Houston, TX. The open season will conclude on Jan 31, 2019.The pipeline will ship oil from its terminal in Cushing to the growing markets in the Gulf Coast. The pipeline’s origination in Cushing will give the shippers an opportunity to bring oil from other pipelines like the White Cliffs Pipeline and transport the same through the Gladiator Pipeline. The proposed pipeline will be able to carry the oil produced in the Colorado DJ-Basin as well.Moreover, the pipeline will enable SemGroup’s clients to reach the refineries in the Houston area as well as the storage and export sites, including its HFOTCO Terminal. Notably, the company has completed the construction of crude tanks and a new ship dock at the said terminal during the third quarter. The pipeline also enables DCP Midstream to fully utilize its Southern Hills’ existing pipeline, which has the prolific Anadarko Basin to its left.SemGroup expects the pipeline to come online in third-quarter 2020. The pipeline is proposed to have a transportation capacity of 300,000 barrels of oil per day. Once it comes online, the company’s crude transportation volumes will definitely get a boost. Notably, 33.2% of the company’s third-quarter profits were generated from its Crude Transportation segment. However, third-quarter transportation volumes fell to 182 thousand barrels a day (MBbls/d) from 190 MBbls/d in the year-ago period.Price PerformanceTulsa, OK-based SemGroup has lost 32.2% of its value in the past year compared with the industry’s collective fall of 8.3%.Zacks Rank and Stocks to ConsiderCurrently, SemGroup has a Zacks Rank #3 (Hold). Investors interested in the energy sector can opt for some better-ranked stocks given below:Houston, TX-based Enterprise Products Partners L.P. EPD holds a Zacks Rank #1 (Strong Buy). The company’s earnings for 2018 are expected to surge more than 36% year over year. You can see the complete list of today’s Zacks #1 Rank stocks here.Rome, Italy-based Eni S.p.A. E has a Zacks Rank #1. Its earnings for 2018 are expected to grow more than 100% from the 2017 level. Today's Stocks from Zacks' Hottest StrategiesIt's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report Eni SpA (E): Free Stock Analysis Report SemGroup Corporation (SEMG): Free Stock Analysis Report DCP Midstream Partners, LP (DCP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research