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

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

Sprague Resources declared a quarterly dividend on Friday, October 25th. Stockholders of record on Tuesday, November 5th will be paid a dividend of $0.6675 per share on Tuesday, November 12th. This represents a $2.67 annualized dividend and a dividend yield of 15.72%. The ex-dividend date of this dividend is Monday, November 4th. This is a boost from Sprague Resources's previous quarterly dividend of $0.65. View Sprague Resources' Dividend History.

Sprague Resources LP (NYSE:SRLP) issued its earnings results on Thursday, November, 7th. The oil and gas company reported ($0.43) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.49) by $0.06. The oil and gas company had revenue of $582.59 million for the quarter, compared to analysts' expectations of $478.60 million. Sprague Resources had a return on equity of 42.63% and a net margin of 1.50%. View Sprague Resources' Earnings History.

Sprague Resources is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. 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.

News stories about SRLP stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sprague Resources earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Sprague Resources.

Sprague Resources saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 10,600 shares, a decrease of 61.9% from the December 15th total of 27,800 shares. Based on an average trading volume of 38,400 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold. View Sprague Resources' Current Options Chain.

Some companies that are related to Sprague Resources include Talos Energy (TALO), NGL Energy Partners (NGL), Oceaneering International (OII), Archrock (AROC), PDC Energy (PDCE), Suburban Propane Partners (SPH), VALLOUREC SA/S (VLOWY), Alliance Resource Partners (ARLP), Enerplus (ERF), PBF Logistics (PBFX), Hess Midstream Partners (HESM), NexTier Oilfield Solutions (NEX), Canadian Solar (CSIQ), Helix Energy Solutions Group (HLX) and Comstock Resources (CRK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprague Resources investors own include Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Hoegh LNG Partners (HMLP), NGL Energy Partners (NGL), Pattern Energy Group (PEGI), Alliance Resource Partners (ARLP), Enterprise Products Partners (EPD), GasLog Partners LP Unit (GLOP) and Iron Mountain (IRM).

Sprague Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.75%). View Institutional Ownership Trends for Sprague Resources.

SRLP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. 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 $16.99.

Sprague Resources has a market capitalization of $386.52 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]