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

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

Sprague Resources declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Monday, August 5th will be given a dividend of $0.668 per share on Monday, August 12th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 15.45%. The ex-dividend date of this dividend is Friday, August 2nd. This is a boost from Sprague Resources's previous quarterly dividend of $0.65. View Sprague Resources' Dividend History.

Sprague Resources LP (NYSE:SRLP) posted its earnings results on Wednesday, August, 7th. The oil and gas company reported ($0.30) EPS for the quarter, topping analysts' consensus estimates of ($0.44) by $0.14. The oil and gas company had revenue of $662.02 million for the quarter, compared to analyst estimates of $656.16 million. Sprague Resources had a return on equity of 32.23% and a net margin of 1.19%. View Sprague Resources' Earnings History.

Sprague Resources is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Sprague Resources.

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

Media headlines about SRLP stock have trended negative on Thursday, according to InfoTrie. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sprague Resources earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Sprague Resources.

Sprague Resources saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 31,800 shares, a drop of 18.3% from the July 31st total of 38,900 shares. Based on an average daily trading volume, of 37,800 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company's shares are sold short. View Sprague Resources' Current Options Chain.

Some companies that are related to Sprague Resources include CNX Resources (CNX), Oceaneering International (OII), CAIRN ENERGY PL/ADR (CRNCY), Suburban Propane Partners (SPH), Seadrill (SDRL), RPC (RES), Helix Energy Solutions Group (HLX), SM Energy (SM), Rowan Companies (RDC), Talos Energy (TALO), Archrock (AROC), Liberty Oilfield Services (LBRT), NOW (DNOW), Antero Resources (AR) and Oasis Petroleum (OAS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprague Resources investors own include AT&T (T), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Hoegh LNG Partners (HMLP), Pattern Energy Group (PEGI), NGL Energy Partners (NGL), Triplepoint Venture Growth BDC (TPVG), Ares Capital (ARCC), Alliance Resource Partners (ARLP) and Golar LNG Partners (GMLP).

Sprague Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (7.21%), Spirit of America Management Corp NY (0.85%), Cohen & Steers Inc. (0.77%), Doheny Asset Management CA (0.36%), Janney Montgomery Scott LLC (0.29%) and Morgan Stanley (0.28%). View Institutional Ownership Trends for Sprague Resources.

SRLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Spirit of America Management Corp NY, Bank of America Corp DE, Wells Fargo & Company MN, Janney Montgomery Scott LLC and Cribstone Capital Management LLC. View Insider Buying and Selling for Sprague Resources.

SRLP stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Doheny Asset Management CA, Advantage Investment Management LLC, Russell Investments Group Ltd., Beaton Management Co. Inc., Advisor Group Inc., HM Payson & Co. and Optimum Investment Advisors. View Insider Buying and Selling for 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.

One share of SRLP stock can currently be purchased for approximately $17.29.

Sprague Resources has a market capitalization of $393.05 million and generates $3.77 billion in revenue each year. The oil and gas company earns $79.82 million in net income (profit) each year or $3.16 on an earnings per share basis. View Additional Information About Sprague Resources.

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

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]