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

$17.29
-0.09 (-0.52 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$17.13
Now: $17.29
$17.43
50-Day Range
$15.09
MA: $16.75
$18.98
52-Week Range
$13.76
Now: $17.29
$28.00
Volume19,800 shs
Average Volume48,329 shs
Market Capitalization$393.05 million
P/E Ratio5.47
Dividend Yield15.36%
Beta1.48
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. Read More…

Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone800-225-1560

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.77 billion
Cash Flow$5.1458 per share
Book Value$6.03 per share

Profitability

Net Income$79.82 million

Miscellaneous

EmployeesN/A
Market Cap$393.05 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 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.

How were Sprague Resources' earnings last quarter?

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.

When is Sprague Resources' next earnings date?

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

What is the consensus analysts' recommendation 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.

Has Sprague Resources been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Sprague Resources' key competitors?

What other stocks do shareholders of Sprague Resources own?

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 53)
  • Mr. Steven D. Scammon, VP & Chief Risk Officer of Sprague Resources GP LLC (Age 57)
  • Mr. Thomas F. Flaherty, VP of Refined Products - Sprague Resources GP LLC (Age 63)
  • Mr. Brian W. Weego, VP of Natural Gas - Sprague Resources GP LLC (Age 53)
  • Mr. David C. Long, Chief Financial Officer of Sprague Resources GP LLC

Who are Sprague Resources' major shareholders?

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.

Which institutional investors are selling Sprague Resources stock?

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.

Which institutional investors are buying Sprague Resources stock?

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.

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, Robinhood, Fidelity and Charles Schwab.

What is Sprague Resources' stock price today?

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

How big of a company is Sprague Resources?

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.

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:  2.2 out of 5 (star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  540
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 9/19/2019 by MarketBeat.com Staff

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