Sprague Resources LP Common Units representing Limited Partner Interests (SRLP) News
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Latest SRLP News From Around the Web
Below are the latest news stories about Sprague Resources LP that investors may wish to consider to help them evaluate SRLP as an investment opportunity.
In the latest trading session, Sprague Resources (SRLP) closed at $15.05, marking a -0.73% move from the previous day.
Sprague Resources (SRLP): Q2 GAAP EPS of -$1.19 misses by $0.72.Revenue of $358.21M (-45.9% Y/Y) misses by $86.13M.Press Release...
Sprague Resources LP (SRLP) Q2 2020 Earnings Conference Call August 6, 2020 1:00 PM ET Company Participants David Glendon – Chief Executive Officer Dave Long – Chief Financial Officer Conference Call Participants Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to the Sprague Resources Q2 2020...
PORTSMOUTH, N.H., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague”) (NYSE: SRLP) today reported its financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights * Net sales were $358.2 million for the second quarter of 2020, compared to net sales of $662.0 million for the second quarter of 2019. * GAAP net loss was $25.1 million for the second quarter of 2020, compared to net loss of $4.8 million for the second quarter of 2019. * Adjusted gross margin* was $65.2 million for the second quarter of 2020, compared to adjusted gross margin of $48.3 million for the second quarter of 2019. * Adjusted EBITDA* was $28.0 million for the second quarter of 2020, compared to adjusted EBITDA of $9.7 million for the second quarter of 20...
Top Ranked Income Stocks to Buy for July 24th
Sprague Resources LP Announces Cash Distribution for the Second Quarter of 2020 and Earnings Conference Call Schedule
Sprague announces a cash distribution of $0.6675 per unitPORTSMOUTH, N.H., July 24, 2020 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC (the “General Partner”), declared a cash distribution of $0.6675 per unit ($2.67 per unit on an annualized basis) for the quarter ended June 30, 2020 and is equal to distributions in each quarter since the second quarter of 2019. Sprague also announced that Sprague Resources Holdings LLC, a wholly owned subsidiary of Axel Johnson Inc. and the owner of Sprague’s General Partner will receive cash, in respect of the incentive distribution rights payable in connection with the distribution for the second quarter of 2020.The announced distribution...
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Top Ranked Value Stocks to Buy for July 2nd
Sprague Resources LP (SRLP) has had a jumpy few months. It tanked alongside the general market in early 2020 but curiously started recovering a lot faster. Data by YCharts This was aided to a good degree by their general partner, Sprague Resources LLC's offer to buy all outstanding units. Sprague...
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