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

Sign in or create an account to add this stock to your watchlist.
$27.85 +0.05 (+0.18 %)
(As of 09/24/2018 02:07 AM ET)
Previous Close$27.85
Today's Range$27.6425 - $28.00
52-Week Range$21.80 - $29.00
Volume309,825 shs
Average Volume24,974 shs
Market Capitalization$628.10 million
P/E Ratio22.64
Dividend Yield9.59%
Beta1.33
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.

Receive SRLP News and Ratings via Email

Sign-up to receive the latest news and ratings for SRLP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SRLP
CUSIPN/A
Phone800-225-1560

Debt

Debt-to-Equity RatioN/A
Current Ratio1.79
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio22.64
Forward P/E Ratio7.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.86 billion
Price / Sales0.22
Cash Flow$2.7878 per share
Price / Cash9.99
Book Value$5.85 per share
Price / Book4.76

Profitability

EPS (Most Recent Fiscal Year)$1.13
Net Income$29.49 million
Net Margins0.91%
Return on Equity19.91%
Return on Assets2.82%

Miscellaneous

Employees880
Outstanding Shares22,550,000
Market Cap$628.10 million

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 Thursday, July 26th. Stockholders of record on Monday, August 6th will be paid a dividend of $0.668 per share on Friday, August 10th. This represents a $2.67 annualized dividend and a dividend yield of 9.59%. The ex-dividend date is Friday, August 3rd. This is a positive change from Sprague Resources's previous quarterly dividend of $0.65. View Sprague Resources' Dividend History.

How were Sprague Resources' earnings last quarter?

Sprague Resources LP (NYSE:SRLP) announced its quarterly earnings data on Wednesday, August, 8th. The oil and gas company reported ($0.67) EPS for the quarter, missing the consensus estimate of ($0.52) by $0.15. The oil and gas company earned $741.66 million during the quarter, compared to analysts' expectations of $678.35 million. Sprague Resources had a net margin of 0.91% and a return on equity of 19.91%. View Sprague Resources' Earnings History.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Sprague Resources.

What price target have analysts set for SRLP?

2 Wall Street analysts have issued 12 month price objectives for Sprague Resources' shares. Their predictions range from $25.00 to $29.00. On average, they expect Sprague Resources' stock price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for Sprague Resources.

What is the consensus analysts' recommendation for Sprague Resources?

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

Who are Sprague Resources' major shareholders?

Sprague Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (3.16%), Bank of America Corp DE (0.42%), Securian Asset Management Inc (0.32%), First Republic Investment Management Inc. (0.17%), Fort Washington Investment Advisors Inc. OH (0.07%) and GSA Capital Partners LLP (0.07%). 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 Kayne Anderson Capital Advisors LP, Bank of America Corp DE and GSA Capital Partners LLP. View Insider Buying and Selling for Sprague Resources.

Which major investors are buying Sprague Resources stock?

SRLP stock was bought by a variety of institutional investors in the last quarter, including First Republic Investment Management Inc., Jane Street Group LLC, Cornerstone Wealth Management LLC, Nwam LLC, Nwam LLC, Securian Asset Management Inc, Tower Research Capital LLC TRC and Fort Washington Investment Advisors Inc. OH. 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 $27.85.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $628.10 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.

What is Sprague Resources' official website?

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

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 (NYSE SRLP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  427
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 9/24/2018 by MarketBeat.com Staff

Featured Article: What is a put option?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel