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NYSE:SRLP

Sprague Resources Stock Forecast, Price & News

$15.03
+0.03 (+0.20 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$14.93
Now: $15.03
$15.15
50-Day Range
$14.95
MA: $15.48
$16.77
52-Week Range
$9.83
Now: $15.03
$18.78
Volume24,843 shs
Average Volume65,642 shs
Market Capitalization$344.53 million
P/E Ratio19.78
Dividend Yield17.80%
Beta1.23
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.02 out of 5 stars


Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
CUSIPN/A
Phone800-225-1560

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.50 billion
Cash Flow$2.99 per share
Book Value$4.12 per share

Profitability

Net Income$31.26 million

Miscellaneous

EmployeesN/A
Market Cap$344.53 million
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$15.03
+0.03 (+0.20 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Sprague Resources (NYSE:SRLP) Frequently Asked Questions

How has Sprague Resources' stock price been impacted by COVID-19 (Coronavirus)?

Sprague Resources' stock was trading at $12.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SRLP shares have increased by 25.3% and is now trading at $15.03.
View which stocks have been most impacted by COVID-19
.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Sprague Resources
.

How were Sprague Resources' earnings last quarter?

Sprague Resources LP (NYSE:SRLP) posted its quarterly earnings data on Thursday, August, 6th. The oil and gas company reported ($1.19) earnings per share for the quarter, missing the consensus estimate of ($0.47) by $0.72. The oil and gas company had revenue of $358.21 million for the quarter, compared to analysts' expectations of $444.34 million. Sprague Resources had a return on equity of 20.42% and a net margin of 0.68%.
View Sprague Resources' earnings history
.

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

Sprague Resources declared a quarterly dividend on Friday, July 24th. Shareholders of record on Tuesday, August 4th will be paid a dividend of $0.668 per share on Monday, August 10th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 17.78%. The ex-dividend date is Monday, August 3rd.
View Sprague Resources' dividend history
.

Are investors shorting Sprague Resources?

Sprague Resources saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 27,600 shares, an increase of 74.7% from the August 31st total of 15,800 shares. Based on an average trading volume of 34,800 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company's stock are sold short.
View Sprague Resources' Short Interest
.

Who are some of Sprague Resources' key competitors?

What other stocks do shareholders of Sprague Resources own?

Who are Sprague Resources' key executives?

Sprague Resources' management team includes the following people:
  • Mr. David C. Glendon, Pres, CEO & Director of Sprague Resources GP LLC (Age 53)
  • Mr. Steven D. Scammon, VP & Chief Risk Officer of Sprague Resources GP LLC (Age 57)
  • Mr. Thomas F. Flaherty, VP of Refined Products - Sprague Resources GP LLC (Age 63)
  • Mr. Brian W. Weego, VP of Natural Gas - Sprague Resources GP LLC (Age 53)
  • Mr. David C. Long, Chief Financial Officer of Sprague Resources GP LLC

What is Sprague Resources' stock symbol?

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

Who are Sprague Resources' major shareholders?

Sprague Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.22%), Russell Investments Group Ltd. (0.19%), California Public Employees Retirement System (0.10%), UBS Group AG (0.04%) and Bank of Montreal Can (0.01%). Company insiders that own Sprague Resources stock include Ben J Hennelly and Sprague Resources Holdings Llc.
View institutional ownership trends for Sprague Resources
.

Which major investors are selling Sprague Resources stock?

SRLP stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Janney Montgomery Scott LLC, California Public Employees Retirement System, and UBS Group AG.
View insider buying and selling activity for Sprague Resources
.

Which major investors are buying Sprague Resources stock?

SRLP stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sprague Resources' stock price today?

One share of SRLP stock can currently be purchased for approximately $15.03.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $344.53 million and generates $3.50 billion in revenue each year. The oil and gas company earns $31.26 million in net income (profit) each year or $1.10 on an earnings per share basis.

What is Sprague Resources' official website?

The official website for Sprague Resources is 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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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