NYSE:SRLP - Sprague Resources Stock Price, News, & Analysis

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$14.85 -1.17 (-7.30 %)

(As of 12/19/2018 03:29 AM ET)

Previous Close$16.02

Today's Range$14.5050 - $16.3199

52-Week Range$14.51 - $29.00

Volume141,121 shs

Average Volume38,375 shs

Market Capitalization$386.70 million

P/E Ratio13.14

Dividend Yield15.70%

Beta1.25

Sprague Resources LP engages in the purchase, storage, distribution, and sale of refined petroleum products and natural gas in the United States. The company operates through four segments: Refined Products, Natural Gas, Materials Handling, and Other Operations. The Refined Products segment purchases and sells various refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel, gasoline, and asphalt to wholesale, retail, and commercial customers. This segment's wholesale customers consist of approximately 1,200 home heating oil retailers, and diesel fuel and gasoline resellers; and commercial customers include federal and state agencies, municipalities, regional transit authorities, drill sites, large industrial companies, real estate management companies, hospitals, educational institutions, and asphalt paving companies. The Natural Gas segment purchases, sells, and distributes natural gas to approximately 16,000 commercial and industrial customer locations in 13 states in the Northeast and Mid-Atlantic United States. The Materials Handling segment offloads, stores, and prepares for the delivery of various customer-owned products, including asphalt, crude oil, clay slurry, salt, gypsum, residual fuel, coal, petroleum coke, caustic soda, tallow, pulp, and heavy equipment. The Other Operations segment engages in coal marketing and distribution; commercial trucking; and heating equipment service activities. The company owns, operates, and/or controls a network of refined products and materials handling terminals located throughout the Northeast United States, as well as in Quebec, Canada that have a combined storage capacity of approximately 14.7 million barrels for refined products and other liquid materials, as well as 2.0 million square feet of materials handling capacity. Sprague Resources LP was founded in 1870 and is headquartered in Portsmouth, New Hampshire.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry Petroleum bulk stations & terminals

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:SRLP

Previous Symbol

CUSIPN/A

Webwww.spragueenergy.com

Phone800-225-1560

Debt

Debt-to-Equity Ratio4.62

Current Ratio1.85

Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio13.14

Forward P/E Ratio5.85

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.86 billion

Price / Sales0.12

Cash Flow$2.4344 per share

Price / Cash Flow6.10

Book Value$5.85 per share

Price / Book2.54

Profitability

EPS (Most Recent Fiscal Year)$1.13

Net Income$29.49 million

Net Margins0.73%

Return on Equity17.62%

Return on Assets2.34%

Miscellaneous

Employees880

Outstanding Shares22,730,000

Market Cap$386.70 million

OptionableOptionable

Sprague Resources (NYSE:SRLP) Frequently Asked Questions

What is Sprague Resources' stock symbol?

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

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

Sprague Resources declared a quarterly dividend on Monday, October 29th. Stockholders of record on Tuesday, November 6th will be given a dividend of $0.6675 per share on Tuesday, November 13th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 17.98%. The ex-dividend date of this dividend is Monday, November 5th. View Sprague Resources' Dividend History.

How were Sprague Resources' earnings last quarter?

Sprague Resources LP (NYSE:SRLP) released its quarterly earnings results on Wednesday, November, 7th. The oil and gas company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.70. The oil and gas company earned $618.46 million during the quarter, compared to analyst estimates of $666.39 million. Sprague Resources had a return on equity of 17.62% and a net margin of 0.73%. View Sprague Resources' Earnings History.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release their next quarterly earnings announcement on Wednesday, March 13th 2019. View Earnings Estimates for Sprague Resources.

What price target have analysts set for SRLP?

2 Wall Street analysts have issued 1 year price objectives for Sprague Resources' stock. Their predictions range from $25.00 to $29.00. On average, they expect Sprague Resources' share price to reach $27.00 in the next year. This suggests a possible upside of 81.8% from the stock's current price. View Analyst Price Targets for Sprague Resources.

What is the consensus analysts' recommendation for Sprague Resources?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprague Resources in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sprague Resources.

Has Sprague Resources been receiving favorable news coverage?

Press coverage about SRLP stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sprague Resources earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Sprague Resources' key competitors?

Some companies that are related to Sprague Resources include Genesis Energy (GEL), Global Partners (GLP), Martin Midstream Partners (MMLP), Andatee China Marine Fuel Ser (AMCF) and Longwei Petroleum Investment (LPIH).

Who are Sprague Resources' key executives?

Sprague Resources' management team includes the folowing people:

Mr. David C. Glendon, Pres, CEO & Director of Sprague Resources GP LLC (Age 52)
Mr. Gary A. Rinaldi, Sr. VP, COO, CFO & Director of Sprague Resources GP LLC (Age 61)
Mr. Steven D. Scammon, VP & Chief Risk Officer of Sprague Resources GP LLC (Age 56)
Mr. Thomas F. Flaherty, VP of Refined Products - Sprague Resources GP LLC (Age 62)
Mr. Brian W. Weego, VP of Natural Gas - Sprague Resources GP LLC (Age 52)

Who are Sprague Resources' major shareholders?

Sprague Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (2.97%), First Trust Advisors LP (1.18%), Securian Asset Management Inc (0.21%), First Republic Investment Management Inc. (0.08%), Fort Washington Investment Advisors Inc. OH (0.05%) and Cardan Capital Partners LLC (0.03%). Company insiders that own Sprague Resources stock include Ben J Hennelly and Paul A Scoff. View Institutional Ownership Trends for Sprague Resources.

Which institutional investors are selling Sprague Resources stock?

SRLP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Securian Asset Management Inc, First Republic Investment Management Inc. and Fort Washington Investment Advisors Inc. OH. View Insider Buying and Selling for Sprague Resources.

Which institutional investors are buying Sprague Resources stock?

SRLP stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP and Cardan Capital Partners LLC. View Insider Buying and Selling for Sprague Resources.

How do I buy shares of Sprague Resources?

Shares of SRLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sprague Resources' stock price today?

One share of SRLP stock can currently be purchased for approximately $14.85.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $386.70 million and generates $2.86 billion in revenue each year. The oil and gas company earns $29.49 million in net income (profit) each year or $1.13 on an earnings per share basis. Sprague Resources employs 880 workers across the globe.

What is Sprague Resources' official website?

The official website for Sprague Resources is http://www.spragueenergy.com.

How can I contact Sprague Resources?

Sprague Resources' mailing address is 185 INTERNATIONAL DRIVE, PORTSMOUTH NH, 03801. The oil and gas company can be reached via phone at 800-225-1560 or via email at [email protected]

MarketBeat Community Rating for Sprague Resources (NYSE SRLP)

Community Ranking:		2.3 out of 5 ( )
Outperform Votes:		215 (Vote Outperform)
Underperform Votes:		248 (Vote Underperform)
Total Votes:		463

MarketBeat's community ratings are surveys of what our community members think about Sprague Resources and other stocks. Vote "Outperform" if you believe SRLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SRLP will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 12/19/2018 by MarketBeat.com Staff