This 8.8%-Yielding Small-Cap MLP Has Been Flying Under The Radar [Seeking Alpha]
Sprague Resources LP Common Units representing Limited Partner Interests (SRLP)
Last sprague resources lp common units representing limited partner interests earnings: 3/5 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
spragueenergy.com/investor-relations
Company Research
Source: Seeking Alpha
Summary It's been a tough year for energy infrastructure master limited partnerships. Thanks to the weakness in oil prices, many MLPs that are engaged in the transportation of crude oil have come under pressure. But Sprague Resources LP (NYSE: SRLP ) is a rare gem in this space that has been flying under the radar. In a tough business environment, I believe this little-known small-cap name, which offers a dividend yield of 8.8%, can prove to be a promising pick. Sprague Resources is a small MLP, with a market cap of $605 million, which is engaged in the purchase, storage, distribution, and sale of refined production and natural gas. These businesses have typically accounted for more than 95% of the company's net sales and 80% of earnings (adjusted gross margin). In addition to this, the MLP also provides handling services for various materials ranging from crude oil to caustic soda which typically accounts for less than 2% of the net sales and less than 18% of
Show less
Read more
Impact Snapshot
Event Time:
SRLP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SRLP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SRLP alerts
High impacting Sprague Resources LP Common Units representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics