NYSE:SRLP - Sprague Resources Stock Price, Price Target & More

$23.15 +0.15 (+0.65 %)

(As of 04/25/2018 12:13 PM ET)

Previous Close$23.00

Today's Range$23.00 - $23.25

52-Week Range$22.85 - $30.75

Volume4,915 shs

Average Volume33,052 shs

Market Capitalization$525.48 million

P/E Ratio18.79

Dividend Yield10.94%

Beta1.38

About Sprague Resources (NYSE:SRLP)

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

Industry Petroleum bulk stations & terminals

Sub-IndustryN/A

SectorOils/Energy

SymbolNYSE:SRLP

CUSIPN/A

Webwww.spragueenergy.com

Phone800-225-1560

Debt

Debt-to-Equity Ratio0.38%

Current Ratio1.15%

Quick Ratio0.67%

Price-To-Earnings

Trailing P/E Ratio18.79

Forward P/E Ratio11.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.86 billion

Price / Sales0.18

Cash Flow$2.7691 per share

Price / Cash8.36

Book Value$5.85 per share

Price / Book3.96

Profitability

EPS (Most Recent Fiscal Year)$1.13

Net Income$29.49 million

Net Margins1.00%

Return on Equity17.44%

Return on Assets2.73%

Miscellaneous

Employees880

Outstanding Shares22,550,000

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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 announced a quarterly dividend on Monday, January 29th. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.6375 per share on Monday, February 12th. This represents a $2.55 dividend on an annualized basis and a dividend yield of 11.02%. The ex-dividend date is Monday, February 5th. This is a positive change from Sprague Resources's previous quarterly dividend of $0.62. View Sprague Resources' Dividend History.

How were Sprague Resources' earnings last quarter?

Sprague Resources (NYSE:SRLP) issued its quarterly earnings data on Wednesday, March, 14th. The oil and gas company reported ($0.63) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.26 by $1.89. The oil and gas company earned $932.17 million during the quarter, compared to analyst estimates of $922.98 million. Sprague Resources had a return on equity of 17.44% and a net margin of 1.00%. View Sprague Resources' Earnings History.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release their next quarterly earnings announcement on Monday, May, 14th 2018. View Earnings Estimates for Sprague Resources.

What price target have analysts set for SRLP?

2 Wall Street analysts have issued 12 month target prices for Sprague Resources' stock. Their forecasts range from $25.00 to $29.00. On average, they expect Sprague Resources' stock price to reach $27.00 in the next year. View Analyst Ratings for Sprague Resources.

Who are some of Sprague Resources' key competitors?

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

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)

Has Sprague Resources been receiving favorable news coverage?

Media headlines about SRLP stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sprague Resources earned a news impact score of 0.01 on Accern's scale. They also gave news headlines about the oil and gas company an impact score of 45.02 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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 $23.15.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $525.48 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.

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 (SRLP)

Community Ranking:		2.4 out of 5 ( )
Outperform Votes:		161 (Vote Outperform)
Underperform Votes:		181 (Vote Underperform)
Total Votes:		342

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.

Sprague Resources (NYSE:SRLP) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

2 Wall Street analysts have issued ratings and price targets for Sprague Resources in the last 12 months. Their average twelve-month price target is $27.00, suggesting that the stock has a possible upside of 16.63%. The high price target for SRLP is $29.00 and the low price target for SRLP is $25.00. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Buy	Buy	Buy
Consensus Rating Score:	2.00	3.00	3.00	3.00
Ratings Breakdown:	1 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$27.00	$29.00	$31.6667	$33.00
Price Target Upside:	16.63% upside	22.11% upside	31.67% upside	17.65% upside

Sprague Resources (NYSE:SRLP) Consensus Price Target History

Price Target History for Sprague Resources (NYSE:SRLP)

Sprague Resources (NYSE:SRLP) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/6/2018	JPMorgan Chase	Downgrade	Neutral -> Underweight	$25.00	High
3/20/2018	B. Riley	Set Price Target	Buy	$29.00	Low
3/20/2017	Janney Montgomery Scott	Upgrade	Neutral -> Buy	$28.00 -> $31.00	Low
3/16/2017	FBR & Co	Set Price Target	Buy	$35.00	High

(Data available from 4/25/2016 forward)

Sprague Resources (NYSE:SRLP) Earnings History and Estimates Chart

Earnings by Quarter for Sprague Resources (NYSE:SRLP)

Sprague Resources (NYSE:SRLP) Earnings Estimates

Current Year EPS Consensus Estimate: $2.08 EPS
Next Year EPS Consensus Estimate: $2.21 EPS

Sprague Resources (NYSE SRLP) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/7/2018		$2.10					N/A
3/14/2018	Q4 2017	$1.26	($0.63)	$922.98 million	$932.17 million	View	Listen
11/7/2017	Q3 2017	$0.04	($0.68)	$494.27 million	$491.39 million	View	N/A
8/9/2017	Q2 2017	$0.01	($0.39)	$529.66 million	$513.63 million	View	Listen
5/8/2017	Q1 2017	$1.39	$2.94	$791.49 million	$917.81 million	View	Listen
3/10/2017	Q4 2016	$0.98	($0.08)	$641.39 million	$766.83 million	View	N/A
11/7/2016	Q3	($0.02)	($0.44)	$653.20 million	$422.80 million	View	Listen
8/5/2016	Q2	($0.22)	($0.48)	$711.00 million	$477.50 million	View	Listen
5/6/2016	Q1	$2.35	$1.38	$1.1838 billion	$722.91 million	View	N/A
3/10/2016	Q4	$0.8070	$1.32	$1.0362 billion	$663.79 million	View	Listen
11/5/2015	Q3	($0.04)	$0.39	$907.52 million	$558.02 million	View	Listen
8/6/2015	Q215	($0.12)	($0.12)	$824.42 million	$661.70 million	View	Listen
5/7/2015	Q1	$1.75	$2.06	$1.85 billion	$1.60 billion	View	Listen
3/13/2015	Q4	$0.86	$3.13	$1.2989 billion	$1.1980 billion	View	Listen
11/12/2014	Q3 14	($0.09)	($0.53)	$793.29 million	$728.82 million	View	Listen
8/13/2014	Q214	$0.02	($0.47)	$523.33 million	$846.80 million	View	Listen
5/14/2014	Q1 2014	$0.95	$3.74	$1.5289 billion	$1.8994 billion	View	N/A
3/26/2014	Q4 13	$0.40	($1.63)	$1.1991 billion	$1.1937 billion	View	Listen

(Earnings results data provided by Zacks Investment Research)

Sprague Resources (NYSE:SRLP) Dividend Information

Sprague Resources pays an annual dividend of $2.55 per share, with a dividend yield of 11.02%. SRLP's most recent quarterly dividend payment was Monday, February 12. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 15.30% each year. Sprague Resources pays out 225.66% of its earnings out as a dividend.

Most Recent Dividend:	2/12/2018
Annual Dividend:	$2.55
Dividend Yield:	11.02%
Dividend Growth:	15.30% (3 Year Average)
Payout Ratio:	225.66% (Trailing 12 Months of Earnings) 122.60% (Based on This Year's Estimates) 115.38% (Based on Next Year's Estimates)
Track Record:	3 Years of Consecutive Dividend Growth
Frequency:	Quarterly Dividend

Dividend Payments by Quarter for Sprague Resources (NYSE:SRLP)

Sprague Resources (NYSE:SRLP) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
1/29/2018	quarterly	$0.6375	9.53%	2/5/2018	2/6/2018	2/12/2018
10/27/2017	quarterly	$0.6225	9.6%	11/3/2017	11/6/2017	11/13/2017
7/26/2017	Quarterly	$0.6080	8.66%	8/3/2017	8/7/2017	8/11/2017
4/27/2017	quarterly	$0.5925	9.28%	5/4/2017	5/8/2017	5/15/2017
1/27/2017	quarterly	$0.5770	8.37%	2/6/2017	2/8/2017	2/14/2017
10/28/2016	quarterly	$0.5625	9.09%	11/4/2016	11/8/2016	11/14/2016
7/28/2016	quarterly	$0.5475	8.77%	8/4/2016	8/8/2016	8/12/2016
4/27/2016	quarterly	$0.5325	9.23%	5/5/2016	5/9/2016	5/13/2016
1/28/2016	quarterly	$0.5175	9.92%	2/5/2016	2/9/2016	2/12/2016
10/29/2015	quarterly	$0.5025	8.29%	11/6/2015	11/10/2015	11/13/2015
7/29/2015	quarterly	$0.4875	7.96%	8/6/2015	8/10/2015	8/14/2015
4/30/2015	quarterly	$0.4725	7.37%	5/7/2015	5/11/2015	5/15/2015
1/28/2015		$0.4575		2/5/2015	2/9/2015	2/13/2015
10/29/2014	quarterly	$0.4425	7.55%	11/6/2014	11/10/2014	11/14/2014
7/29/2014	quarterly	$0.4270	6.71%	8/6/2014	8/8/2014	8/14/2014
4/29/2014	quarterly	$0.4125	7.6%	5/7/2014	5/9/2014	5/15/2014
1/29/2014	quarterly	$0.2825		2/6/2014	2/10/2014	2/14/2014

(Data available from 1/1/2013 forward)

Sprague Resources (NYSE SRLP) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 21.84%

Insider Trading History for Sprague Resources (NYSE:SRLP)

Sprague Resources (NYSE SRLP) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/17/2017	Ben J. Hennelly	Director	Sell	2,456	$26.94	$66,164.64
1/4/2017	Paul A Scoff	Insider	Sell	1,250	$28.20	$35,250.00	18,905
9/8/2016	Paul A Scoff	Insider	Sell	1,250	$24.43	$30,537.50	20,155
6/22/2016	Paul A Scoff	Insider	Sell	1,250	$23.67	$29,587.50	21,405
3/23/2015	Brian W Weego	VP	Sell	2,500	$25.50	$63,750.00
10/25/2013	Brian W Weego	VP	Buy	2,500	$17.92	$44,800.00
10/25/2013	Michael D Milligan	Director	Buy	20,000	$17.50	$350,000.00
10/25/2013	Paul A Scoff	Insider	Buy	1,100	$17.64	$19,404.00

(Data available from 1/1/2013 forward)

Sprague Resources (NYSE SRLP) News Headlines

Source:

Date	Headline
	Head-To-Head Review: Sprague Resources (SRLP) & Martin Midstream Partners (MMLP) www.americanbankingnews.com - April 23 at 11:04 AM
	Financial Survey: Sprague Resources (SRLP) vs. Global Partners (GLP) www.americanbankingnews.com - April 22 at 5:16 PM
	Sprague Resources (SRLP) Expected to Post Quarterly Sales of $1.14 Billion www.americanbankingnews.com - April 22 at 4:44 AM
	Sprague Resources (SRLP) and Global Partners (GLP) Financial Survey www.americanbankingnews.com - April 21 at 11:34 PM
	$1.55 EPS Expected for Sprague Resources (SRLP) This Quarter www.americanbankingnews.com - April 20 at 1:22 AM
	Sprague Resources (SRLP) versus Global Partners (GLP) Financial Contrast www.americanbankingnews.com - April 17 at 5:22 AM
	Sprague Resources (SRLP) Stock Rating Upgraded by BidaskClub www.americanbankingnews.com - April 14 at 9:13 PM
	Reviewing Martin Midstream Partners (MMLP) & Sprague Resources (SRLP) www.americanbankingnews.com - April 13 at 5:21 PM
	Why Sprague Resources (SRLP) Could Be Positioned for a Slump finance.yahoo.com - April 13 at 4:46 PM
	Martin Midstream Partners (MMLP) versus Sprague Resources (SRLP) Financial Review www.americanbankingnews.com - April 12 at 5:09 AM
	Sprague Resources (SRLP) versus Martin Midstream Partners (MMLP) Head to Head Survey www.americanbankingnews.com - April 10 at 9:16 AM
	Reviewing Martin Midstream Partners (MMLP) and Sprague Resources (SRLP) www.americanbankingnews.com - April 8 at 5:30 AM
	Contrasting Sprague Resources (SRLP) and Genesis Energy (GEL) www.americanbankingnews.com - April 7 at 5:24 PM
	Sprague Resources (SRLP) Lowered to Underweight at JPMorgan Chase www.americanbankingnews.com - April 6 at 10:49 AM
	$1.14 Billion in Sales Expected for Sprague Resources LP (SRLP) This Quarter www.americanbankingnews.com - April 5 at 4:57 AM
	Contrasting Sprague Resources (SRLP) and Martin Midstream Partners (MMLP) www.americanbankingnews.com - April 3 at 3:09 AM
	Sprague Resources LP (SRLP) Expected to Post Earnings of $1.63 Per Share www.americanbankingnews.com - April 3 at 3:06 AM
	Head-To-Head Comparison: Global Partners (GLP) vs. Sprague Resources (SRLP) www.americanbankingnews.com - April 2 at 7:12 PM
	Reviewing Sprague Resources (SRLP) and Sunoco (SUN) www.americanbankingnews.com - March 24 at 9:09 PM
	Sprague Resources (SRLP) Given a $29.00 Price Target by B. Riley Analysts www.americanbankingnews.com - March 24 at 12:28 AM
	Sprague Resources (SRLP) Downgraded by Zacks Investment Research www.americanbankingnews.com - March 20 at 11:02 AM
	Edited Transcript of SRLP earnings conference call or presentation 14-Mar-18 5:00pm GMT finance.yahoo.com - March 18 at 9:04 AM
	$1.08 Billion in Sales Expected for Sprague Resources LP (SRLP) This Quarter www.americanbankingnews.com - March 18 at 1:02 AM
	Analysts Anticipate Sprague Resources LP (SRLP) Will Announce Earnings of $2.10 Per Share www.americanbankingnews.com - March 16 at 11:08 PM
	Sprague Resources (SRLP) Rating Lowered to Hold at ValuEngine www.americanbankingnews.com - March 16 at 12:16 AM
	Sprague Resources LP to Host Earnings Call www.baystreet.ca - March 15 at 9:00 AM
	Sprague Resources LP 2017 Form 10-K Now Available finance.yahoo.com - March 14 at 6:07 PM
	Sprague Resources' (SRLP) "Buy" Rating Reiterated at B. Riley www.americanbankingnews.com - March 14 at 12:45 PM
	Sprague Resources (SRLP) Posts Earnings Results, Misses Estimates By $1.89 EPS www.americanbankingnews.com - March 14 at 12:20 PM
	What is Behind Sprague Resources LP’s (NYSE:SRLP) Superior ROE? finance.yahoo.com - March 14 at 10:00 AM
	Sprague Resources (SRLP) Upgraded to Strong-Buy at ValuEngine www.americanbankingnews.com - March 4 at 9:52 AM
	Sprague Resources (SRLP) Scheduled to Post Quarterly Earnings on Thursday www.americanbankingnews.com - March 1 at 1:30 AM
	OppenheimerFunds Inc. Acquires 6,358 Shares of Sprague Resources LP (SRLP) www.americanbankingnews.com - February 28 at 11:10 AM
	Sprague Resources LP (SRLP) Expected to Post Earnings of $1.26 Per Share www.americanbankingnews.com - February 27 at 11:14 PM
	Sprague Resources LP (SRLP) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - February 27 at 1:52 AM
	Analysts Anticipate Sprague Resources LP (SRLP) Will Post Quarterly Sales of $917.26 Million www.americanbankingnews.com - February 13 at 6:16 AM
	Analyzing Sprague Resources (SRLP) & Hess (HES) www.americanbankingnews.com - February 11 at 11:02 PM
	Critical Comparison: Hess (HES) and Sprague Resources (SRLP) www.americanbankingnews.com - February 8 at 9:22 PM
	Sprague Resources (SRLP) Lowered to "Buy" at ValuEngine www.americanbankingnews.com - February 4 at 12:14 PM
	Zacks Investment Research Upgrades Sprague Resources (SRLP) to "Hold" www.americanbankingnews.com - February 3 at 11:59 AM
	Ex-Dividend Alert: Sprague Resources Has a Dividend Yield of 9.55%; Will Trade Ex-Dividend on February 05, 2018 finance.yahoo.com - February 2 at 9:23 AM
	Sprague Resources LP (SRLP) Receives Consensus Rating of "Buy" from Analysts www.americanbankingnews.com - February 2 at 1:36 AM
	Sprague Resources LP (SRLP) Plans Dividend Increase - $0.64 Per Share www.americanbankingnews.com - January 29 at 5:36 PM
	Sprague Resources LP (SRLP) Expected to Post Quarterly Sales of $916.30 Million www.americanbankingnews.com - January 27 at 6:42 AM
	Sprague Resources LP Announces Cash Distribution for the Fourth Quarter of 2017 and Earnings Conference Call Schedule finance.yahoo.com - January 26 at 9:28 AM
	Brokerages Anticipate Sprague Resources LP (SRLP) Will Post Earnings of $1.25 Per Share www.americanbankingnews.com - January 8 at 3:28 AM
	Sprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : December 29, 2017 finance.yahoo.com - December 29 at 9:29 AM
	Zacks: Analysts Anticipate Sprague Resources LP (SRLP) Will Post Quarterly Sales of $916.30 Million www.americanbankingnews.com - December 24 at 3:52 AM
	B. Riley Analysts Give Sprague Resources (SRLP) a $29.00 Price Target www.americanbankingnews.com - December 18 at 6:14 PM
	Western Gas Partners (WES) and Sprague Resources (SRLP) Head-To-Head Review www.americanbankingnews.com - December 16 at 7:30 AM

Sprague Resources (NYSE:SRLP) SEC Filings

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Sprague Resources (NYSE:SRLP) Income Statement, Balance Sheet and Cash Flow Statement

Sprague Resources (NYSE SRLP) Stock Chart for Wednesday, April, 25, 2018

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This page was last updated on 4/25/2018 by MarketBeat.com Staff