Sprague Resources (SRLP) Stock Forecast, Price & News

Sprague Resources LP (NYSE:SRLP) posted its quarterly earnings results on Thursday, May, 6th. The oil and gas company reported $2.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $1.27. The oil and gas company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $697.20 million. Sprague Resources had a negative trailing twelve-month return on equity of 66.70% and a negative net margin of 2.03%.

Sprague Resources declared a quarterly dividend on Monday, October 17th. Investors of record on Thursday, October 27th will be given a dividend of $0.434 per share on Monday, October 31st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 8.68%. The ex-dividend date is Wednesday, October 26th.
Read our dividend analysis for SRLP.

Sprague Resources (NYSE:SRLP) pays an annual dividend of $1.74 per share and currently has a dividend yield of 8.70%. SRLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SRLP.

18 employees have rated Sprague Resources Chief Executive Officer Dave Glendon on Glassdoor.com. Dave Glendon has an approval rating of 92% among the company's employees. This puts Dave Glendon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprague Resources investors own include Energy Transfer (ET), NGL Energy Partners (NGL), AT&T (T), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Höegh LNG Partners (HMLP), Alliance Resource Partners (ARLP), AGNC Investment (AGNC), Chimera Investment (CIM) and Annaly Capital Management (NLY).

Sprague Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRLP."

One share of SRLP stock can currently be purchased for approximately $20.00.

Sprague Resources (NYSE:SRLP) has a market capitalization of $524.76 million and generates $3.50 billion in revenue each year. The oil and gas company earns $-68,920,000.00 in net income (profit) each year or ($3.80) on an earnings per share basis.

The company employs 757 workers across the globe.

Sprague Resources' mailing address is 185 INTERNATIONAL DRIVE, PORTSMOUTH NH, 03801. The official website for the company is www.spragueenergy.com. The oil and gas company can be reached via phone at (800) 225-1560, via email at investorrelations@spragueenergy.com, or via fax at 302-655-5049.