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. Investors 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 yield of 15.77%. 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 earned $582.59 million during the quarter, compared to analyst estimates 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.

Media stories about SRLP stock have trended extremely negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sprague Resources earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several 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 daily trading volume, of 38,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. View Sprague Resources' Current Options Chain.

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

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), Iron Mountain (IRM), Alliance Resource Partners (ARLP), Enterprise Products Partners (EPD) and GasLog Partners LP Unit (GLOP).

Sprague Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors 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 $16.93.

Sprague Resources has a market capitalization of $385.12 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]