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

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$22.45 +0.55 (+2.51 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$21.90
Today's Range$21.80 - $22.75
52-Week Range$21.80 - $30.40
Volume51,100 shs
Average Volume35,335 shs
Market Capitalization$493.91 million
P/E Ratio19.87
Dividend Yield11.68%
Beta1.38

About Sprague Resources (NYSE:SRLP)

Sprague Resources logoSprague 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
Phone800-225-1560

Debt

Debt-to-Equity Ratio0.26
Current Ratio1.32
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio19.87
Forward P/E Ratio7.96
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.86 billion
Price / Sales0.18
Cash Flow$2.8562 per share
Price / Cash7.86
Book Value$5.85 per share
Price / Book3.84

Profitability

EPS (Most Recent Fiscal Year)$1.13
Net Income$29.49 million
Net Margins1.14%
Return on Equity22.33%
Return on Assets3.38%

Miscellaneous

Employees880
Outstanding Shares22,550,000

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 dividend on Thursday, May 3rd. Shareholders of record on Monday, May 14th will be given a dividend of $0.6525 per share on Friday, May 18th. The ex-dividend date is Friday, May 11th. This is an increase from Sprague Resources's previous dividend of $0.46. View Sprague Resources' Dividend History.

How were Sprague Resources' earnings last quarter?

Sprague Resources (NYSE:SRLP) announced its quarterly earnings data on Tuesday, May, 8th. The oil and gas company reported $3.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.54 by $1.67. The oil and gas company earned $1.33 billion during the quarter, compared to analysts' expectations of $1.14 billion. Sprague Resources had a return on equity of 22.33% and a net margin of 1.14%. 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, August, 8th 2018. View Earnings Estimates for Sprague Resources.

What price target have analysts set for SRLP?

2 analysts have issued twelve-month price objectives for Sprague Resources' shares. Their predictions range from $25.00 to $29.00. On average, they anticipate Sprague Resources' share price to reach $27.00 in the next twelve months. View Analyst Ratings for Sprague Resources.

Who are some of Sprague Resources' key competitors?

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?

News stories about SRLP stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sprague Resources earned a news sentiment score of 0.02 on Accern's scale. They also assigned media stories about the oil and gas company an impact score of 46.40 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Sprague Resources' major shareholders?

Sprague Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (3.74%), Doheny Asset Management CA (0.47%), Advantus Capital Management Inc (0.27%), GSA Capital Partners LLP (0.09%), Fort Washington Investment Advisors Inc. OH (0.06%) and UBS Group AG (0.04%). Company insiders that own Sprague Resources stock include Ben J Hennelly and Paul A Scoff. 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 Doheny Asset Management CA, Advantus Capital Management Inc, Fort Washington Investment Advisors Inc. OH and GSA Capital Partners LLP. View Insider Buying and Selling 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 Kayne Anderson Capital Advisors LP and UBS Group AG. 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 $22.45.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $493.91 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 (star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  355
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 6/18/2018 by MarketBeat.com Staff

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