Sprague Resources LP Company Profile (NYSE:SRLP)

About Sprague Resources LP (NYSE:SRLP)

Sprague Resources LP logoSprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The Company operates through four segments: refined products, which purchases a range of refined products, such as heating oil, diesel fuel, residual fuel oil, asphalt, kerosene, jet fuel and gasoline from refining companies, trading organizations and producers; natural gas, which purchases natural gas from natural gas producers and trading companies, and sells and distributes natural gas to commercial and industrial customers in the Northeast and Mid-Atlantic United States; materials handling, which offloads, stores and prepares for delivery a range of customer-owned products, including asphalt, clay slurry, coal and heavy equipment, and other operations, which include the purchase and distribution of coal, certain commercial trucking activities and the heating equipment service business.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Refining and Marketing - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:SRLP
  • CUSIP: N/A
  • Web: www.spragueenergy.com
Capitalization:
  • Market Cap: $579.37 million
  • Outstanding Shares: 22,543,000
Average Prices:
  • 50 Day Moving Avg: $27.29
  • 200 Day Moving Avg: $27.06
  • 52 Week Range: $22.50 - $30.75
P/E:
  • Trailing P/E Ratio: 12.81
  • Foreward P/E Ratio: 7.74
  • P/E Growth: 0.07
Sales & Book Value:
  • Annual Revenue: $2.62 billion
  • Price / Sales: 0.22
  • Book Value: $8.29 per share
  • Price / Book: 3.15
Dividend:
  • Annual Dividend: $2.43
  • Dividend Yield: 9.5%
Profitability:
  • EBIDTA: $105.38 million
  • Net Margins: 1.77%
  • Return on Equity: 29.64%
  • Return on Assets: 4.95%
Debt:
  • Current Ratio: 2.09%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 44,417 shs.
  • Beta: 1.39
  • Short Ratio: 1.18
 

Frequently Asked Questions for Sprague Resources LP (NYSE:SRLP)

What is Sprague Resources LP's stock symbol?

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

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

Sprague Resources LP declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be given a dividend of $0.608 per share on Friday, August 11th. This represents a $2.43 annualized dividend and a dividend yield of 9.30%. The ex-dividend date is Thursday, August 3rd. This is a boost from Sprague Resources LP's previous quarterly dividend of $0.46. View Sprague Resources LP's Dividend History.

How were Sprague Resources LP's earnings last quarter?

Sprague Resources LP (NYSE:SRLP) released its earnings results on Wednesday, August, 9th. The company reported ($0.39) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.01 by $0.40. The firm earned $513.63 million during the quarter, compared to the consensus estimate of $529.66 million. Sprague Resources LP had a net margin of 1.77% and a return on equity of 29.64%. View Sprague Resources LP's Earnings History.

When will Sprague Resources LP make its next earnings announcement?

Sprague Resources LP is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Sprague Resources LP.

Where is Sprague Resources LP's stock going? Where will Sprague Resources LP's stock price be in 2017?

2 analysts have issued 1-year price objectives for Sprague Resources LP's shares. Their predictions range from $31.00 to $35.00. On average, they anticipate Sprague Resources LP's stock price to reach $33.00 in the next twelve months. View Analyst Ratings for Sprague Resources LP.

Who are some of Sprague Resources LP's key competitors?

Who are Sprague Resources LP's key executives?

Sprague Resources LP's management team includes the folowing people:

  • Michael D. Milligan, Chairman of the Board
  • David C. Glendon, President, Chief Executive Officer, Director of Sprague Resources GP LLC
  • Gary A Rinaldi, Chief Financial Officer, Chief Operating Officer, Senior Vice President, Director of Sprague Resources GP LLC
  • John W. Moore, Chief Accounting Officer, Vice President, Controller of Sprague Resources GP LLC
  • Paul A. Scoff, Chief Compliance Officer, Vice President, General Counsel, Secretary of Sprague Resources GP LLC
  • Frank B. Easton, Vice President - Human Resources of Sprague Resources GP LLC
  • Thomas F. Flaherty, Vice President - Refined Products of Sprague Resources GP LLC
  • Kevin Henry, Vice President, Treasurer of Sprague Resources GP LLC
  • Burton S. Russell, Vice President - Operations of our general partner
  • Steven D. Scammon, Vice President, Chief Risk Officer of Sprague Resources GP LLC

Who owns Sprague Resources LP stock?

Sprague Resources LP's stock is owned by many different of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (5.41%), Kayne Anderson Capital Advisors LP (3.60%), First Trust Advisors LP (1.45%), Spirit of America Management Corp NY (0.98%), Acadian Asset Management LLC (0.46%) and Van ECK Associates Corp (0.45%). Company insiders that own Sprague Resources LP stock include Ben J Hennelly and Paul A Scoff. View Institutional Ownership Trends for Sprague Resources LP.

Who sold Sprague Resources LP stock? Who is selling Sprague Resources LP stock?

Sprague Resources LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., GSA Capital Partners LLP, Van ECK Associates Corp, Janney Montgomery Scott LLC, Wells Fargo & Company MN and Acadian Asset Management LLC. Company insiders that have sold Sprague Resources LP stock in the last year include Ben J Hennelly and Paul A Scoff. View Insider Buying and Selling for Sprague Resources LP.

Who bought Sprague Resources LP stock? Who is buying Sprague Resources LP stock?

Sprague Resources LP's stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Friedberg Investment Management, Beaton Management Co. Inc., Susquehanna International Group LLP, Virtu KCG Holdings LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Creative Planning and California Public Employees Retirement System. View Insider Buying and Selling for Sprague Resources LP.

How do I buy Sprague Resources LP stock?

Shares of Sprague Resources LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sprague Resources LP's stock price today?

One share of Sprague Resources LP stock can currently be purchased for approximately $26.15.


MarketBeat Community Rating for Sprague Resources LP (NYSE SRLP)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  107 (Vote Underperform)
Total Votes:  185
MarketBeat's community ratings are surveys of what our community members think about Sprague Resources LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sprague Resources LP (NYSE:SRLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $33.00 (26.20% upside)

Analysts' Ratings History for Sprague Resources LP (NYSE:SRLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/20/2017Janney Montgomery ScottUpgradeNeutral -> Buy$28.00 -> $31.00LowView Rating Details
3/16/2017FBR & CoSet Price TargetBuy$35.00HighView Rating Details
2/17/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
1/4/2016Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$25.00N/AView Rating Details
11/9/2015Barclays PLCBoost Price TargetEqual Weight$26.00 -> $28.00N/AView Rating Details
(Data available from 8/19/2015 forward)

Earnings

Earnings History for Sprague Resources LP (NYSE:SRLP)
Earnings by Quarter for Sprague Resources LP (NYSE:SRLP)
Earnings History by Quarter for Sprague Resources LP (NYSE SRLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.04N/AView Earnings Details
8/9/2017Q2 2017$0.01($0.39)$529.66 million$513.63 millionViewListenView Earnings Details
5/8/2017Q1 2017$1.39$2.94$791.49 million$917.81 millionViewListenView Earnings Details
11/7/2016Q3($0.02)($0.44)$653.20 million$422.80 millionViewListenView Earnings Details
8/5/2016Q2($0.22)($0.48)$711.00 million$477.50 millionViewListenView Earnings Details
5/6/2016Q1$2.35$1.38$1.18 billion$722.91 millionViewN/AView Earnings Details
3/10/2016Q4$0.81$1.32$1.04 billion$663.79 millionViewListenView Earnings Details
11/5/2015Q3($0.04)$0.39$907.52 million$558.02 millionViewListenView Earnings Details
8/6/2015Q215($0.12)($0.12)$824.42 million$661.70 millionViewListenView Earnings Details
5/7/2015Q1$1.75$2.06$1.85 billion$1.60 billionViewListenView Earnings Details
3/13/2015Q4$0.86$3.13$1.30 billion$1.20 billionViewListenView Earnings Details
11/12/2014Q3 14($0.09)($0.53)$793.29 million$728.82 millionViewListenView Earnings Details
8/13/2014Q214$0.02($0.47)$523.33 million$846.80 millionViewListenView Earnings Details
3/26/2014Q4 13$0.40($1.63)ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sprague Resources LP (NYSE:SRLP)
Current Year EPS Consensus Estimate: $4.25 EPS
Next Year EPS Consensus Estimate: $3.38 EPS

Dividends

Current Dividend Information for Sprague Resources LP (NYSE:SRLP)
Most Recent Dividend:8/11/2017
Annual Dividend:$2.43
Dividend Yield:9.29%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:119.70% (Trailing 12 Months of Earnings)
57.18% (Based on This Year's Estimates)
71.89% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Sprague Resources LP (NYSE:SRLP)

Dividend History by Quarter for Sprague Resources LP (NYSE SRLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.618.66%8/3/20178/7/20178/11/2017
4/27/2017quarterly$0.599.28%5/4/20175/8/20175/15/2017
1/27/2017quarterly$0.588.37%2/6/20172/8/20172/14/2017
10/28/2016quarterly$0.569.09%11/4/201611/8/201611/14/2016
7/28/2016quarterly$0.558.77%8/4/20168/8/20168/12/2016
4/27/2016quarterly$0.539.23%5/5/20165/9/20165/13/2016
1/28/2016quarterly$0.529.92%2/5/20162/9/20162/12/2016
10/29/2015quarterly$0.508.29%11/6/201511/10/201511/13/2015
7/29/2015quarterly$0.497.96%8/6/20158/10/20158/14/2015
4/30/2015quarterly$0.477.37%5/7/20155/11/20155/15/2015
1/28/2015$0.462/5/20152/9/20152/13/2015
10/29/2014quarterly$0.447.55%11/6/201411/10/201411/14/2014
7/29/2014quarterly$0.436.71%8/6/20148/8/20148/14/2014
4/29/2014quarterly$0.417.6%5/7/20145/9/20145/15/2014
1/29/2014quarterly$0.282/6/20142/10/20142/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sprague Resources LP (NYSE:SRLP)
Institutional Ownership Percentage: 25.86%
Insider Trades by Quarter for Sprague Resources LP (NYSE:SRLP)
Institutional Ownership by Quarter for Sprague Resources LP (NYSE:SRLP)
Insider Trades by Quarter for Sprague Resources LP (NYSE:SRLP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Ben J. HennellyDirectorSell2,456$26.94$66,164.64View SEC Filing  
1/4/2017Paul A ScoffInsiderSell1,250$28.20$35,250.00View SEC Filing  
9/8/2016Paul A ScoffInsiderSell1,250$24.43$30,537.50View SEC Filing  
6/22/2016Paul A ScoffInsiderSell1,250$23.67$29,587.50View SEC Filing  
3/23/2015Brian W WeegoVPSell2,500$25.50$63,750.00View SEC Filing  
10/25/2013Brian W WeegoVPBuy2,500$17.92$44,800.00View SEC Filing  
10/25/2013Michael D MilliganDirectorBuy20,000$17.50$350,000.00View SEC Filing  
10/25/2013Paul A ScoffInsiderBuy1,100$17.64$19,404.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sprague Resources LP (NYSE:SRLP)
Latest Headlines for Sprague Resources LP (NYSE:SRLP)
Source:
DateHeadline
americanbankingnews.com logoSprague Resources LP (NYSE:SRLP) Expected to Announce Quarterly Sales of $569.63 Million
www.americanbankingnews.com - August 15 at 7:40 AM
americanbankingnews.com logo Analysts Expect Sprague Resources LP (SRLP) Will Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - August 13 at 12:40 PM
finance.yahoo.com logoEdited Transcript of SRLP earnings conference call or presentation 9-Aug-17 5:00pm GMT
finance.yahoo.com - August 11 at 8:48 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Releases Earnings Results, Misses Estimates By $0.40 EPS
www.americanbankingnews.com - August 10 at 4:49 PM
nasdaq.com logoInvestor Network: Sprague Resources LP to Host Earnings Call
www.nasdaq.com - August 10 at 8:15 AM
seekingalpha.com logoSprague Resources' (SRLP) CEO David Glendon on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 8:15 AM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : August 4, 2017
finance.yahoo.com - August 5 at 7:21 AM
finance.yahoo.com logoSprague Resources LP – Value Analysis (NYSE:SRLP) : August 1, 2017
finance.yahoo.com - August 2 at 12:51 AM
thestreet.com logoSprague Resources About To Put More Money In Your Pocket (SRLP)
www.thestreet.com - August 1 at 4:13 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 31 at 12:20 AM
americanbankingnews.com logo$529.66 Million in Sales Expected for Sprague Resources LP (SRLP) This Quarter
www.americanbankingnews.com - July 28 at 7:41 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Plans Dividend Increase - $0.61 Per Share
www.americanbankingnews.com - July 27 at 11:17 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 27 at 7:58 AM
americanbankingnews.com logo Analysts Expect Sprague Resources LP (SRLP) to Post -$0.02 Earnings Per Share
www.americanbankingnews.com - July 26 at 9:47 AM
marketwatch.com logoSprague increases cash distribution from $0.5925 to $0.6075 per unit
www.marketwatch.com - July 26 at 8:18 AM
finance.yahoo.com logoSprague Resources LP Announces Thirteenth Consecutive Increased Cash Distribution for the Second Quarter of 2017 and Earnings Conference Call Schedule
finance.yahoo.com - July 26 at 8:17 AM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : July 18, 2017
finance.yahoo.com - July 18 at 3:50 PM
americanbankingnews.com logoBidaskClub Lowers Sprague Resources LP (NYSE:SRLP) to Sell
www.americanbankingnews.com - July 16 at 9:32 PM
americanbankingnews.com logoSprague Resources (NYSE:SRLP) vs. CVR Refining, (CVRR) Critical Survey
www.americanbankingnews.com - July 13 at 8:09 AM
americanbankingnews.com logoSprague Resources LP (NYSE:SRLP) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 12 at 3:43 PM
finance.yahoo.com logoIs Sprague Resources (SRLP) Stock a Suitable Value Pick?
finance.yahoo.com - July 11 at 3:42 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : July 6, 2017
finance.yahoo.com - July 6 at 10:26 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Expected to Announce Quarterly Sales of $529.66 Million
www.americanbankingnews.com - July 2 at 10:42 AM
americanbankingnews.com logo-$0.02 EPS Expected for Sprague Resources LP (SRLP) This Quarter
www.americanbankingnews.com - June 30 at 9:54 AM
americanbankingnews.com logoAnalyzing Sprague Resources (SRLP) & Arc Logistic Partners (ARCX)
www.americanbankingnews.com - June 17 at 10:26 PM
finance.yahoo.com logoSprague Resources LP :SRLP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 17 at 6:21 AM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : June 12, 2017
finance.yahoo.com - June 12 at 7:27 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Sprague Resources LP (SRLP) Will Post Quarterly Sales of $529.66 Million
www.americanbankingnews.com - June 8 at 2:34 PM
seekingalpha.com logoSprague Resources LP (SRLP) Presents At Master Limited Partnerships Association 2017 MLP Investor Conference - Slideshow
seekingalpha.com - June 3 at 7:24 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bearish Manner : SRLP-US : May 26, 2017
finance.yahoo.com - May 27 at 5:56 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Director Ben J. Hennelly Sells 2,456 Shares
www.americanbankingnews.com - May 17 at 8:11 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : May 16, 2017
finance.yahoo.com - May 16 at 9:00 AM
americanbankingnews.com logo$467.99 Million in Sales Expected for Sprague Resources LP (SRLP) This Quarter
www.americanbankingnews.com - May 12 at 3:24 PM
americanbankingnews.com logo Brokerages Anticipate Sprague Resources LP (SRLP) Will Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - May 10 at 10:08 AM
americanbankingnews.com logoSprague Resources LP (SRLP) Releases Earnings Results
www.americanbankingnews.com - May 9 at 12:12 PM
americanbankingnews.com logoZacks Investment Research Upgrades Sprague Resources LP (SRLP) to "Hold"
www.americanbankingnews.com - May 9 at 11:00 AM
finance.yahoo.com logoEdited Transcript of SRLP earnings conference call or presentation 8-May-17 5:00pm GMT
finance.yahoo.com - May 9 at 10:22 AM
finance.yahoo.com logoSprague Resources LP Reports First Quarter 2017 Results
finance.yahoo.com - May 8 at 11:04 AM
marketbeat.com logoSprague Resources beats Street 1Q forecasts
marketbeat.com - May 8 at 6:25 AM
finance.yahoo.com logoSprague Resources LP : SRLP-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 8:42 PM
americanbankingnews.com logoFavorable News Coverage Likely to Impact Sprague Resources (SRLP) Stock Price
www.americanbankingnews.com - April 28 at 5:12 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Increases Dividend to $0.59 Per Share
www.americanbankingnews.com - April 28 at 5:04 PM
finance.yahoo.com logoSprague Resources LP Announces Twelfth Consecutive Increased Cash Distribution for the First Quarter of 2017 and Earnings Conference Call Schedule
finance.yahoo.com - April 27 at 6:08 AM
finance.yahoo.com logoSprague Resources LP – Value Analysis (NYSE:SRLP) : April 26, 2017
finance.yahoo.com - April 26 at 9:26 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : April 25, 2017
finance.yahoo.com - April 25 at 9:41 AM
americanbankingnews.com logo$782.97 Million in Sales Expected for Sprague Resources LP (SRLP) This Quarter
www.americanbankingnews.com - April 21 at 2:42 PM
americanbankingnews.com logoSprague Resources LP (SRLP) Expected to Post Earnings of $1.34 Per Share
www.americanbankingnews.com - April 19 at 2:29 PM
finance.yahoo.com logoSprague Resources LP Announces the closing of Carbo’s Refined Products Terminals on Long Island
finance.yahoo.com - April 19 at 9:05 AM
americanbankingnews.com logoSprague Resources (SRLP) Receiving Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 14 at 8:25 PM
finance.yahoo.com logoSprague Resources LP breached its 50 day moving average in a Bullish Manner : SRLP-US : April 14, 2017
finance.yahoo.com - April 14 at 12:26 PM

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Sprague Resources LP (SRLP) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff