Sprague Resources LP Company Profile (NYSE:SRLP)

About Sprague Resources LP (NYSE:SRLP)

Sprague Resources LP logoSprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The Company operates through four segments: refined products, which purchases a range of refined products, such as heating oil, diesel fuel, residual fuel oil, asphalt, kerosene, jet fuel and gasoline from refining companies, trading organizations and producers; natural gas, which purchases natural gas from natural gas producers and trading companies, and sells and distributes natural gas to commercial and industrial customers in the Northeast and Mid-Atlantic United States; materials handling, which offloads, stores and prepares for delivery a range of customer-owned products, including asphalt, clay slurry, coal and heavy equipment, and other operations, which include the purchase and distribution of coal, certain commercial trucking activities and the heating equipment service business.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Refining and Marketing
  • Sub-Industry: N/A
  • Symbol: NYSE:SRLP
  • CUSIP: N/A
  • Web: www.spragueenergy.com
Capitalization:
  • Market Cap: $583.88 million
  • Outstanding Shares: 22,543,000
Average Prices:
  • 50 Day Moving Avg: $25.34
  • 200 Day Moving Avg: $26.59
  • 52 Week Range: $22.50 - $30.75
P/E:
  • Trailing P/E Ratio: 12.91
  • Foreward P/E Ratio: 7.40
  • P/E Growth: 0.07
Sales & Book Value:
  • Annual Revenue: $2.62 billion
  • Price / Sales: 0.22
  • Book Value: $8.29 per share
  • Price / Book: 3.07
Dividend:
  • Annual Dividend: $2.43
  • Dividend Yield: 9.4%
Profitability:
  • EBITDA: $105.38 million
  • Net Margins: 1.77%
  • Return on Equity: 29.64%
  • Return on Assets: 4.95%
Debt:
  • Current Ratio: 2.09%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 41,956 shs.
  • Beta: 1.38
  • Short Ratio: 1.18
 

Frequently Asked Questions for Sprague Resources LP (NYSE:SRLP)

What is Sprague Resources LP's stock symbol?

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

How often does Sprague Resources LP pay dividends? What is the dividend yield for Sprague Resources LP?

Sprague Resources LP announced a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.608 per share on Friday, August 11th. This represents a $2.43 annualized dividend and a dividend yield of 9.56%. The ex-dividend date is Thursday, August 3rd. This is a positive change from Sprague Resources LP's previous quarterly dividend of $0.46. View Sprague Resources LP's Dividend History.

How were Sprague Resources LP's earnings last quarter?

Sprague Resources LP (NYSE:SRLP) released its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.40. The company earned $513.63 million during the quarter, compared to analyst estimates of $529.66 million. Sprague Resources LP had a return on equity of 29.64% and a net margin of 1.77%. View Sprague Resources LP's Earnings History.

When will Sprague Resources LP make its next earnings announcement?

Sprague Resources LP is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Sprague Resources LP.

Where is Sprague Resources LP's stock going? Where will Sprague Resources LP's stock price be in 2017?

2 brokerages have issued 1 year price objectives for Sprague Resources LP's shares. Their predictions range from $31.00 to $35.00. On average, they anticipate Sprague Resources LP's stock price to reach $33.00 in the next twelve months. View Analyst Ratings for Sprague Resources LP.

Who are some of Sprague Resources LP's key competitors?

Who are Sprague Resources LP's key executives?

Sprague Resources LP's management team includes the folowing people:

  • Michael D. Milligan, Chairman of the Board
  • David C. Glendon, President, Chief Executive Officer, Director of Sprague Resources GP LLC
  • Gary A Rinaldi, Chief Financial Officer, Chief Operating Officer, Senior Vice President, Director of Sprague Resources GP LLC
  • John W. Moore, Chief Accounting Officer, Vice President, Controller of Sprague Resources GP LLC
  • Paul A. Scoff, Chief Compliance Officer, Vice President, General Counsel, Secretary of Sprague Resources GP LLC
  • Frank B. Easton, Vice President - Human Resources of Sprague Resources GP LLC
  • Thomas F. Flaherty, Vice President - Refined Products of Sprague Resources GP LLC
  • Kevin Henry, Vice President, Treasurer of Sprague Resources GP LLC
  • Burton S. Russell, Vice President - Operations of our general partner
  • Steven D. Scammon, Vice President, Chief Risk Officer of Sprague Resources GP LLC

How do I buy Sprague Resources LP stock?

Shares of Sprague Resources LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sprague Resources LP's stock price today?

One share of Sprague Resources LP stock can currently be purchased for approximately $25.45.


MarketBeat Community Rating for Sprague Resources LP (NYSE SRLP)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  237
MarketBeat's community ratings are surveys of what our community members think about Sprague Resources LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sprague Resources LP (NYSE:SRLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $33.00 (29.67% upside)
Consensus Price Target History for Sprague Resources LP (NYSE:SRLP)
Price Target History for Sprague Resources LP (NYSE:SRLP)
Analysts' Ratings History for Sprague Resources LP (NYSE:SRLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/20/2017Janney Montgomery ScottUpgradeNeutral -> Buy$28.00 -> $31.00LowView Rating Details
3/16/2017FBR & CoSet Price TargetBuy$35.00HighView Rating Details
2/17/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
1/4/2016Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$25.00N/AView Rating Details
11/9/2015Barclays PLCBoost Price TargetEqual Weight$26.00 -> $28.00N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Sprague Resources LP (NYSE:SRLP)
Earnings by Quarter for Sprague Resources LP (NYSE:SRLP)
Earnings History by Quarter for Sprague Resources LP (NYSE SRLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.04N/AView Earnings Details
8/9/2017Q2 2017$0.01($0.39)$529.66 million$513.63 millionViewListenView Earnings Details
5/8/2017Q1 2017$1.39$2.94$791.49 million$917.81 millionViewListenView Earnings Details
11/7/2016Q3($0.02)($0.44)$653.20 million$422.80 millionViewListenView Earnings Details
8/5/2016Q2($0.22)($0.48)$711.00 million$477.50 millionViewListenView Earnings Details
5/6/2016Q1$2.35$1.38$1.18 billion$722.91 millionViewN/AView Earnings Details
3/10/2016Q4$0.81$1.32$1.04 billion$663.79 millionViewListenView Earnings Details
11/5/2015Q3($0.04)$0.39$907.52 million$558.02 millionViewListenView Earnings Details
8/6/2015Q215($0.12)($0.12)$824.42 million$661.70 millionViewListenView Earnings Details
5/7/2015Q1$1.75$2.06$1.85 billion$1.60 billionViewListenView Earnings Details
3/13/2015Q4$0.86$3.13$1.30 billion$1.20 billionViewListenView Earnings Details
11/12/2014Q3 14($0.09)($0.53)$793.29 million$728.82 millionViewListenView Earnings Details
8/13/2014Q214$0.02($0.47)$523.33 million$846.80 millionViewListenView Earnings Details
3/26/2014Q4 13$0.40($1.63)ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sprague Resources LP (NYSE:SRLP)
Current Year EPS Consensus Estimate: $4 EPS
Next Year EPS Consensus Estimate: $3.44 EPS

Dividends

Current Dividend Information for Sprague Resources LP (NYSE:SRLP)
Most Recent Dividend:8/11/2017
Annual Dividend:$2.43
Dividend Yield:9.55%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:119.70% (Trailing 12 Months of Earnings)
60.75% (Based on This Year's Estimates)
70.64% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Sprague Resources LP (NYSE:SRLP)

Dividend History by Quarter for Sprague Resources LP (NYSE SRLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.618.66%8/3/20178/7/20178/11/2017
4/27/2017quarterly$0.599.28%5/4/20175/8/20175/15/2017
1/27/2017quarterly$0.588.37%2/6/20172/8/20172/14/2017
10/28/2016quarterly$0.569.09%11/4/201611/8/201611/14/2016
7/28/2016quarterly$0.558.77%8/4/20168/8/20168/12/2016
4/27/2016quarterly$0.539.23%5/5/20165/9/20165/13/2016
1/28/2016quarterly$0.529.92%2/5/20162/9/20162/12/2016
10/29/2015quarterly$0.508.29%11/6/201511/10/201511/13/2015
7/29/2015quarterly$0.497.96%8/6/20158/10/20158/14/2015
4/30/2015quarterly$0.477.37%5/7/20155/11/20155/15/2015
1/28/2015$0.462/5/20152/9/20152/13/2015
10/29/2014quarterly$0.447.55%11/6/201411/10/201411/14/2014
7/29/2014quarterly$0.436.71%8/6/20148/8/20148/14/2014
4/29/2014quarterly$0.417.6%5/7/20145/9/20145/15/2014
1/29/2014quarterly$0.282/6/20142/10/20142/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sprague Resources LP (NYSE:SRLP)
Institutional Ownership Percentage: 24.63%
Insider Trades by Quarter for Sprague Resources LP (NYSE:SRLP)
Institutional Ownership by Quarter for Sprague Resources LP (NYSE:SRLP)
Insider Trades by Quarter for Sprague Resources LP (NYSE:SRLP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Ben J. HennellyDirectorSell2,456$26.94$66,164.64View SEC Filing  
1/4/2017Paul A ScoffInsiderSell1,250$28.20$35,250.00View SEC Filing  
9/8/2016Paul A ScoffInsiderSell1,250$24.43$30,537.50View SEC Filing  
6/22/2016Paul A ScoffInsiderSell1,250$23.67$29,587.50View SEC Filing  
3/23/2015Brian W WeegoVPSell2,500$25.50$63,750.00View SEC Filing  
10/25/2013Brian W WeegoVPBuy2,500$17.92$44,800.00View SEC Filing  
10/25/2013Michael D MilliganDirectorBuy20,000$17.50$350,000.00View SEC Filing  
10/25/2013Paul A ScoffInsiderBuy1,100$17.64$19,404.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sprague Resources LP (NYSE:SRLP)
Latest Headlines for Sprague Resources LP (NYSE:SRLP)
Source:
DateHeadline
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : October 12, 2017
finance.yahoo.com - October 12 at 9:47 AM
americanbankingnews.com logoAnalyzing Sprague Resources (SRLP) and Its Rivals
www.americanbankingnews.com - October 11 at 12:24 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 11 at 12:16 PM
finance.yahoo.com logoHeight Securities Serves as Financial Advisor to Sprague Resources LP on its Acquisition of Coen Energy
finance.yahoo.com - October 11 at 7:59 AM
americanbankingnews.com logoReviewing Sprague Resources (SRLP) and Its Rivals
www.americanbankingnews.com - October 10 at 10:20 PM
americanbankingnews.com logo Analysts Anticipate Sprague Resources LP (SRLP) Will Announce Quarterly Sales of $494.27 Million
www.americanbankingnews.com - October 10 at 11:02 AM
americanbankingnews.com logoAnalyzing Sprague Resources (SRLP) & Suburban Propane Partners, L.P. (SPH)
www.americanbankingnews.com - October 10 at 9:07 AM
americanbankingnews.com logoZacks: Analysts Anticipate Sprague Resources LP (SRLP) to Announce $0.04 EPS
www.americanbankingnews.com - October 8 at 4:32 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Lifted to "Hold" at BidaskClub
www.americanbankingnews.com - October 7 at 9:22 PM
feeds.benzinga.com logoSprague Resources LP Announces the closing of Coen Energy
feeds.benzinga.com - October 3 at 6:37 AM
americanbankingnews.com logoCritical Review: Phillips 66 (PSX) vs. Sprague Resources (SRLP)
www.americanbankingnews.com - October 2 at 12:24 PM
americanbankingnews.com logoHead to Head Comparison: Clean Energy Fuels Corp. (CLNE) & Sprague Resources (SRLP)
www.americanbankingnews.com - October 1 at 8:24 AM
americanbankingnews.com logoSprague Resources (SRLP) and Its Rivals Critical Contrast
www.americanbankingnews.com - September 29 at 6:24 PM
feeds.benzinga.com logoSprague Resources LP Announces Acquisition of Coen Energy
feeds.benzinga.com - September 19 at 6:17 AM
americanbankingnews.com logoSprague Resources (SRLP) & The Competition Head-To-Head Contrast
www.americanbankingnews.com - September 15 at 2:30 PM
finance.yahoo.com logoSprague Resources LP :SRLP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 10:39 AM
americanbankingnews.com logoComparing Sprague Resources (SRLP) & Its Peers
www.americanbankingnews.com - September 13 at 12:38 AM
finance.yahoo.com logoSprague Resources LP : SRLP-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 1, 2017
finance.yahoo.com - September 2 at 9:00 AM
americanbankingnews.com logo Analysts Anticipate Sprague Resources LP (SRLP) Will Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - August 31 at 10:28 PM
americanbankingnews.com logoSprague Resources LP (NYSE:SRLP) Expected to Announce Quarterly Sales of $569.63 Million
www.americanbankingnews.com - August 15 at 7:40 AM
americanbankingnews.com logo Analysts Expect Sprague Resources LP (SRLP) Will Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - August 13 at 12:40 PM
finance.yahoo.com logoEdited Transcript of SRLP earnings conference call or presentation 9-Aug-17 5:00pm GMT
finance.yahoo.com - August 11 at 8:48 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Releases Earnings Results, Misses Estimates By $0.40 EPS
www.americanbankingnews.com - August 10 at 4:49 PM
nasdaq.com logoInvestor Network: Sprague Resources LP to Host Earnings Call
www.nasdaq.com - August 10 at 8:15 AM
seekingalpha.com logoSprague Resources' (SRLP) CEO David Glendon on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 8:15 AM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : August 4, 2017
finance.yahoo.com - August 5 at 7:21 AM
finance.yahoo.com logoSprague Resources LP – Value Analysis (NYSE:SRLP) : August 1, 2017
finance.yahoo.com - August 2 at 12:51 AM
thestreet.com logoSprague Resources About To Put More Money In Your Pocket (SRLP)
www.thestreet.com - August 1 at 4:13 PM
americanbankingnews.com logo$529.66 Million in Sales Expected for Sprague Resources LP (SRLP) This Quarter
www.americanbankingnews.com - July 28 at 7:41 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Plans Dividend Increase - $0.61 Per Share
www.americanbankingnews.com - July 27 at 11:17 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 27 at 7:58 AM
americanbankingnews.com logo Analysts Expect Sprague Resources LP (SRLP) to Post -$0.02 Earnings Per Share
www.americanbankingnews.com - July 26 at 9:47 AM
marketwatch.com logoSprague increases cash distribution from $0.5925 to $0.6075 per unit
www.marketwatch.com - July 26 at 8:18 AM
finance.yahoo.com logoSprague Resources LP Announces Thirteenth Consecutive Increased Cash Distribution for the Second Quarter of 2017 and Earnings Conference Call Schedule
finance.yahoo.com - July 26 at 8:17 AM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : July 18, 2017
finance.yahoo.com - July 18 at 3:50 PM
americanbankingnews.com logoSprague Resources (NYSE:SRLP) vs. CVR Refining, (CVRR) Critical Survey
www.americanbankingnews.com - July 13 at 8:09 AM
finance.yahoo.com logoIs Sprague Resources (SRLP) Stock a Suitable Value Pick?
finance.yahoo.com - July 11 at 3:42 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : July 6, 2017
finance.yahoo.com - July 6 at 10:26 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Expected to Announce Quarterly Sales of $529.66 Million
www.americanbankingnews.com - July 2 at 10:42 AM
seekingalpha.com logoSprague Resources LP (SRLP) Presents At Master Limited Partnerships Association 2017 MLP Investor Conference - Slideshow
seekingalpha.com - June 3 at 7:24 PM
marketbeat.com logoSprague Resources beats Street 1Q forecasts
marketbeat.com - May 8 at 6:25 AM
streetinsider.com logoSprague Resources (SRLP) Acquires Two Refined Product Terminals in Long Island, NY for $70M - StreetInsider.com
www.streetinsider.com - March 18 at 1:03 AM
streetinsider.com logoSprague Resources (SRLP) Acquires Two Refined Product Terminals in Long Island, NY for $70M
www.streetinsider.com - March 16 at 8:37 PM
biz.yahoo.com logoSPRAGUE RESOURCES LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financ
us.rd.yahoo.com - March 16 at 8:37 PM
capitalcube.com logoSprague Resources LP :SRLP-US: Earnings Analysis: Q4, 2016 By the Numbers : March 16, 2017
us.rd.yahoo.com - March 16 at 8:37 PM
feeds.benzinga.com logoSprague Resources LP Announces Strategic Acquisition of Two Refined Product Terminals on Long Island
feeds.benzinga.com - March 16 at 7:45 AM
seekingalpha.com logoSprague Resources' (SRLP) CEO David Glendon on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - March 12 at 7:19 AM
baystreet.ca logoSprague Resources (SRLP) Gains Ahead of Earnings
www.baystreet.ca - March 11 at 1:29 AM
us.rd.yahoo.com logoSprague Resources LP Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - March 11 at 1:29 AM
sg.finance.yahoo.com logoSprague Resources reports 4Q loss
us.rd.yahoo.com - March 11 at 1:29 AM

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Chart

Sprague Resources LP (SRLP) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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