NYSE:SRLP

Sprague Resources Stock Forecast, Price & News

$17.67
-0.42 (-2.32 %)
(As of 09/20/2021 12:19 PM ET)
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Today's Range
$17.39
$17.67
50-Day Range
$15.31
$29.41
52-Week Range
$14.93
$29.43
Volume472 shs
Average Volume47,326 shs
Market Capitalization$463.41 million
P/E Ratio27.19
Dividend Yield14.76%
Beta0.88
30 days | 90 days | 365 days | Advanced Chart
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About Sprague Resources

Sprague Resources LP engages in the purchase, storage, distribution and sale of refined products and natural gas. It operates its business through the following segments: Refined Products, Natural Gas, Materials Handling, and Other Operations. The Refined Products segment offers refined products, such as heating oil, diesel, residual fuel oil, kerosene, jet fuel and gasoline. The Natural Gas segment purchases, sells and distributes natural gas. The Materials Handling segment stores various customer owned products, which includes asphalt, clay slurry, salt, gypsum, coal, petroleum coke, caustic soda, tallow, pulp and heavy equipment. The Other Operations segment includes the marketing and distribution of coal conducted in Portland, Maine terminal, commercial trucking activity conducted by Canadian subsidiary and heating equipment service business. The company was founded by Charles Hill Sprague in 1870 and is headquartered in Portsmouth, NH.

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MarketRank

Overall MarketRank

1.84 out of 5 stars

Oils/Energy Sector

176th out of 345 stocks

Petroleum Bulk Stations & Terminals Industry

2nd out of 3 stocks

Analyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Sprague Resources (NYSE:SRLP) Frequently Asked Questions

What stocks does MarketBeat like better than Sprague Resources?

Wall Street analysts have given Sprague Resources a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sprague Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sprague Resources?

Sprague Resources saw a decline in short interest during the month of August. As of August 13th, there was short interest totaling 13,500 shares, a decline of 32.8% from the July 29th total of 20,100 shares. Based on an average daily trading volume, of 50,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company's shares are short sold.
View Sprague Resources' Short Interest
.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Sprague Resources
.

How were Sprague Resources' earnings last quarter?

Sprague Resources LP (NYSE:SRLP) issued its quarterly earnings data on Thursday, May, 6th. The oil and gas company reported $2.04 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $697.20 million. Sprague Resources had a net margin of 0.57% and a trailing twelve-month return on equity of 81.24%.
View Sprague Resources' earnings history
.

How has Sprague Resources' stock been impacted by Coronavirus?

Sprague Resources' stock was trading at $12.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SRLP shares have increased by 45.2% and is now trading at $17.42.
View which stocks have been most impacted by COVID-19
.

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

Sprague Resources declared a quarterly dividend on Saturday, July 24th. Investors of record on Tuesday, August 3rd will be paid a dividend of $0.6675 per share on Monday, August 9th. This represents a $2.67 dividend on an annualized basis and a yield of 15.33%. The ex-dividend date of this dividend is Monday, August 2nd. This is a boost from Sprague Resources's previous quarterly dividend of $0.65.
View Sprague Resources' dividend history
.

Is Sprague Resources a good dividend stock?

Sprague Resources pays an annual dividend of $2.67 per share and currently has a dividend yield of 14.76%. SRLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Sprague Resources is 240.54%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Sprague Resources will have a dividend payout ratio of 161.82% in the coming year. This indicates that Sprague Resources may not be able to sustain their current dividend.
View Sprague Resources' dividend history.

Who are Sprague Resources' key executives?

Sprague Resources' management team includes the following people:
  • David C. Glendon, President, Chief Executive Officer & Director
  • Thomas E. Carey, Vice President-Operations
  • David C. Long, Chief Financial Officer
  • Joseph S. Smith, Vice President-IT & Corporate Development
  • Ben J. Hennelly, Chief Information Officer

What is Dave Glendon's approval rating as Sprague Resources' CEO?

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

Who are some of Sprague Resources' key competitors?

What other stocks do shareholders of Sprague Resources own?

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 retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.69%), Morgan Stanley (0.17%), Morgan Stanley (0.17%), Citadel Advisors LLC (0.00%), United Capital Financial Advisers LLC (0.06%) and LPL Financial LLC (0.05%). Company insiders that own Sprague Resources stock include Ben J Hennelly, Beth A Bowman, Brian W Weego, David C Glendon, David C Long, Paul A Scoff 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 First Trust Advisors LP, Citadel Advisors LLC, and Citigroup Inc.. Company insiders that have sold Sprague Resources company stock in the last year include Ben J Hennelly, Beth A Bowman, Brian W Weego, David C Glendon, Paul A Scoff, and Sprague Resources Holdings Llc.
View insider buying and selling activity for Sprague Resources
or view top insider-selling stocks.

Which major investors are buying Sprague Resources stock?

SRLP stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, United Capital Financial Advisers LLC, Vident Investment Advisory LLC, Tortoise Index Solutions LLC, and LPL Financial LLC. Company insiders that have bought Sprague Resources stock in the last two years include David C Long, and Sprague Resources Holdings Llc.
View insider buying and selling activity for Sprague Resources
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sprague Resources' stock price today?

One share of SRLP stock can currently be purchased for approximately $17.42.

How much money does Sprague Resources make?

Sprague Resources has a market capitalization of $456.86 million and generates $2.34 billion in revenue each year. The oil and gas company earns $33.81 million in net income (profit) each year or $1.11 on an earnings per share basis.

How many employees does Sprague Resources have?

Sprague Resources employs 765 workers across the globe.

What is Sprague Resources' official website?

The official website for Sprague Resources is www.spragueenergy.com.

Where are Sprague Resources' headquarters?

Sprague Resources is headquartered at 185 INTERNATIONAL DRIVE, PORTSMOUTH NH, 03801.

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 9/20/2021 by MarketBeat.com Staff
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