OverviewSuggest Edit

Sprague is one of the largest independent suppliers of energy and materials handling services in the Northeast with products including home heating oil, diesel fuels, residual fuels, gasoline and natural gas. Coupled with its strong physical assets, Sprague provides differentiated products and services including value-added customer support and online tools that is unmatched.

TypePublic
Founded1870
HQPortsmouth, US
Websitespragueenergy.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)800(-9%)
Job Openings23
Revenue (FY, 2018)$3.8 B(+33%)
Share Price (Jun 2019)$17

Key People/Management at Sprague

David C. Glendon

David C. Glendon

President and Chief Executive Officer
Paul A. Scoff

Paul A. Scoff

VP, General Counsel, Chief Compliance Officer and Secretary
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Sprague Office Locations

Sprague has an office in Portsmouth
Portsmouth, US (HQ)
185 International Dr
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Sprague Financials and Metrics

Sprague Revenue

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Sprague's revenue was reported to be $3.77 b in FY, 2018
USD

Revenue (FY, 2018)

3.8b

Gross profit (FY, 2018)

325.7m

Gross profit margin (FY, 2018), %

8.6%

Net income (FY, 2018)

79.8m

EBIT (FY, 2018)

122.9m

Market capitalization (10-Jun-2019)

386.5m

Closing stock price (10-Jun-2019)

17.0

Cash (31-Dec-2018)

7.5m
Sprague's current market capitalization is $386.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.6b5.1b3.5b2.4b2.9b3.8b

Revenue growth, %

10%(31%)(31%)

Cost of goods sold

4.5b4.8b3.2b2.2b2.6b3.4b

Gross profit

126.0m314.7m293.0m210.9m252.2m325.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2018Q2, 2018

Revenue

940.3m1.9b846.8m728.8m1.6b661.7m558.0m722.9m477.5m422.8m491.4m1.3b741.7m

Cost of goods sold

914.6m1.8b827.9m708.5m1.5b616.1m498.5m639.6m441.1m383.2m456.7m1.2b696.7m

Gross profit

25.7m123.9m18.9m20.3m108.0m45.7m59.5m83.3m36.4m39.6m34.7m147.2m45.0m

Gross profit Margin, %

3%7%2%3%7%7%11%12%8%9%7%11%6%
Annual
usdY, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

3.7m2.0m998.0k4.1m31.0m31.0m2.7m6.8m7.5m

Accounts Receivable

240.8m240.8m289.4m160.8m160.8m222.0m316.6m269.9m

Inventories

348.1m348.1m390.6m241.3m241.3m318.9m335.9m259.6m

Current Assets

682.6m682.6m967.3m647.9m647.9m653.7m806.5m699.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

3.3m5.2m1.2m385.0k21.6m9.2m15.0m8.3m11.2m3.4m14.5m3.6m3.2m5.6m8.6m

Accounts Receivable

191.2m284.2m153.2m153.5m342.2m164.1m139.7m167.8m117.1m133.3m196.5m119.3m144.4m281.5m184.2m

Inventories

325.1m201.5m148.1m269.7m217.9m208.8m229.4m152.0m160.4m266.7m224.3m159.1m249.1m234.6m179.4m

Current Assets

608.6m552.7m378.9m571.4m802.1m558.9m576.9m516.7m414.6m548.0m531.6m375.1m491.0m602.6m428.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(27.5m)122.8m78.3m10.2m29.5m79.8m

Depreciation and Amortization

19.0m17.6m23.9m25.2m33.4m36.9m

Inventories

57.8m149.2m(77.2m)(12.2m)76.3m

Accounts Payable

(6.6m)(127.4m)47.7m71.5m8.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

5.2m75.3m65.8m55.1m43.9m41.4m50.0m29.8m20.1m11.3m42.4m74.9m61.7m

Depreciation and Amortization

12.5m3.0m6.1m9.1m5.0m12.0m18.0m6.0m12.6m19.0m23.9m9.3m18.6m

Inventories

144.2m146.6m200.0m78.4m217.9m181.8m161.1m89.7m81.3m(25.1m)224.3m73.9m101.2m156.5m

Accounts Payable

(61.7m)(11.1m)(103.0m)(67.8m)125.0m(141.6m)(124.7m)(27.5m)(36.4m)(30.2m)81.6m(80.5m)(116.7m)(130.3m)
USDY, 2018

Revenue/Employee

4.7m
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Sprague Online and Social Media Presence

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Sprague News and Updates

Sprague Resources LP Reports First Quarter 2019 Results

PORTSMOUTH, N.H., May 08, 2019 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague”) (NYSE: SRLP) today reported its financial results for the first quarter ended March 31, 2019.

Sprague Resources LP Announces Cash Distribution for the First Quarter of 2019 and Earnings Conference Call Schedule

Sprague announces a cash distribution of $0.6675 per unit Sprague announces a cash distribution of $0.6675 per unit

Sprague Resources LP 2018 Form 10-K Now Available

PORTSMOUTH, N.H., March 14, 2019 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague”) (NYSE: SRLP) has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 with the Securities and Exchange Commission on March 14, 2019.

Sprague Resources LP Reports Fourth Quarter and Full Year 2018 Results

PORTSMOUTH, N.H., March 14, 2019 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague”) (NYSE: SRLP) today reported its financial results for the fourth quarter and twelve months ended December 31, 2018.

Sprague Energy Installs Flexible Thin Film Solar Panels On Its Oil Storage Tanks

Picktricity of Massachusetts has installed thin film solar panels on the top of oil storage tanks owned by Sprague Energy. The results have exceeded all expectations.

Sprague Resources LP Provides Updated Guidance, Announces Cash Distribution for the Fourth Quarter of 2018 & Fourth Quarter Earnings Conference Call Schedule

PORTSMOUTH, N.H., Jan. 23, 2019 (GLOBE NEWSWIRE) -- Sprague Resources LP (“Sprague” or the “Partnership”) (NYSE: SRLP) today provided an update on adjusted EBITDA1 and distribution coverage ratio1 guidance for the fiscal year ended December 31, 2018, based on expected preliminary, unaudited financ…
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Sprague Frequently Asked Questions

  • When was Sprague founded?

    Sprague was founded in 1870.

  • Who are Sprague key executives?

    Sprague's key executives are David C. Glendon and Paul A. Scoff.

  • How many employees does Sprague have?

    Sprague has 800 employees.

  • What is Sprague revenue?

    Latest Sprague annual revenue is $3.8 b.

  • What is Sprague revenue per employee?

    Latest Sprague revenue per employee is $4.7 m.

  • Who are Sprague competitors?

    Competitors of Sprague include Igas Energy, Ophir Energy and Sanchez Energy.

  • Where is Sprague headquarters?

    Sprague headquarters is located at 185 International Dr, Portsmouth.

  • Where are Sprague offices?

    Sprague has an office in Portsmouth.

  • How many offices does Sprague have?

    Sprague has 1 office.