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NYSE:SRLPSprague Resources Stock Price, Forecast & News

$14.95
+0.55 (+3.82 %)
(As of 06/1/2020 04:00 PM ET)
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Today's Range
$14.48
Now: $14.95
$15.11
50-Day Range
$12.75
MA: $13.68
$15.10
52-Week Range
$9.83
Now: $14.95
$19.10
Volume22,200 shs
Average Volume89,151 shs
Market Capitalization$342.70 million
P/E Ratio9.06
Dividend Yield17.86%
Beta1.26
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. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.19 out of 5 stars


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$3.50 billion
Cash Flow$3.03 per share
Book Value$4.12 per share

Profitability

Net Income$31.26 million

Miscellaneous

EmployeesN/A
Market Cap$342.70 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Sprague Resources (NYSE:SRLP) Frequently Asked Questions

How has Sprague Resources' stock been impacted by COVID-19 (Coronavirus)?

Sprague Resources' stock was trading at $12.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SRLP stock has increased by 24.6% and is now trading at $14.95. View which stocks have been most impacted by Coronavirus.

When is Sprague Resources' next earnings date?

Sprague Resources is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Sprague Resources.

How were Sprague Resources' earnings last quarter?

Sprague Resources LP (NYSE:SRLP) announced its quarterly earnings results on Thursday, May, 7th. The oil and gas company reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.80. The oil and gas company had revenue of $959.88 million for the quarter, compared to the consensus estimate of $1.09 billion. Sprague Resources had a return on equity of 39.05% and a net margin of 1.31%. View Sprague Resources' earnings history.

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

Sprague Resources declared a quarterly dividend on Friday, April 24th. Stockholders of record on Tuesday, May 5th will be paid a dividend of $0.668 per share on Monday, May 11th. This represents a $2.67 dividend on an annualized basis and a yield of 17.87%. The ex-dividend date is Monday, May 4th. View Sprague Resources' dividend history.

Has Sprague Resources been receiving favorable news coverage?

Media headlines about SRLP stock have been trending very positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing 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 five, with scores closest to five being the most favorable. Sprague Resources earned a daily sentiment score of 3.5 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutSprague Resources.

Are investors shorting Sprague Resources?

Sprague Resources saw a decline in short interest in May. As of May 15th, there was short interest totaling 46,000 shares, a decline of 33.7% from the April 30th total of 69,400 shares. Based on an average daily volume of 119,400 shares, the short-interest ratio is presently 0.4 days. Currently, 0.5% 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 following 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

What is Sprague Resources' stock symbol?

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

Who are Sprague Resources' major shareholders?

Sprague Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Hartree Partners LP (8.07%), Janney Montgomery Scott LLC (0.24%), Russell Investments Group Ltd. (0.22%), Morgan Stanley (0.13%), Raymond James & Associates (0.10%) and UBS Group AG (0.05%). 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 UBS Group AG, Russell Investments Group Ltd., Raymond James & Associates, and Janney Montgomery Scott LLC. View insider buying and selling activity for Sprague Resources.

Which major investors are buying Sprague Resources stock?

SRLP stock was purchased by a variety of institutional investors in the last quarter, including Hartree Partners LP, Morgan Stanley, and Cardan Capital Partners LLC. View insider buying and selling activity 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 $14.95.

How big of a company is Sprague Resources?

Sprague Resources has a market capitalization of $342.70 million and generates $3.50 billion in revenue each year. The oil and gas company earns $31.26 million in net income (profit) each year or $1.10 on an earnings per share basis.

What is Sprague Resources' official website?

The official website for Sprague Resources is 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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff

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