Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Selling, general and admin2¢$82.7M
- Other costs97¢$3.4B
- Interest1¢$34.1M
- Income tax0¢$2.8M
Out of $3.5B in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.5B4 | $2.4B5 | $2.9B6 | $3.8B7 | $3.5B3 | $2.3B3 | $3.5B3 |
| Cost of revenue | $3.2B4 | $2.2B4 | $2.6B6 | $3.4B6 | $3.2B6 | ||
| Selling, general and admin | $94.4M4 | $84.3M5 | $87.6M6 | $80.8M7 | $78.1M3 | $81.5M3 | $82.7M3 |
| Operating expenses | $3.5B3 | ||||||
| Operating income | $106.8M4 | $39.5M5 | $64.2M6 | $122.9M7 | $77.3M3 | $79.6M3 | -$32.1M3 |
| Interest | $27.4M4 | $27.5M5 | $31.3M6 | $38.9M7 | $42.9M3 | $40.7M3 | $34.1M3 |
| Income before tax | -$66.1M3 | ||||||
| Income tax | $1.8M4 | $2.1M5 | $3.8M6 | $5.0M7 | $3.3M3 | $7.4M3 | $2.8M3 |
| Net income | $78.3M4 | $10.2M5 | $29.5M6 | $79.8M7 | $31.3M3 | $33.8M3 | -$68.9M3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $31.0M5 | $2.7M6 | $6.8M6 | $7.5M6 | $5.4M7 | $3.8M3 | $669.0K3 |
| Receivables | $280.4M3 | ||||||
| Inventory | $439.8M3 | ||||||
| Current assets | $647.9M10 | $653.7M4 | $806.5M5 | $699.3M6 | $721.7M7 | $665.7M3 | $884.0M3 |
| Property, plant and equipment | $323.6M3 | ||||||
| Goodwill | $115.0M3 | ||||||
| Intangible assets | $34.0M3 | ||||||
| Total assets | $1.0B10 | $1.0B4 | $1.4B5 | $1.2B6 | $1.3B7 | $1.2B3 | $1.4B3 |
| Accounts payable | $193.8M3 | ||||||
| Current liabilities | $524.1M10 | $451.2M4 | $704.2M5 | $523.2M6 | $721.8M7 | $674.6M3 | $983.3M3 |
| Long-term debt | $283.6M11 | ||||||
| Total liabilities | $842.8M10 | $887.0M4 | $1.2B5 | $1.1B6 | $1.2B7 | $1.1B3 | $1.5B3 |
| Shares outstanding | 21.4M shares10 | 22.7M shares4 | 22.7M shares5 | 22.9M shares6 | 22.9M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $131.7M5 | $57.0M6 | $159.0M7 | -$65.4M3 | $154.5M3 | -$56.8M3 | |
| Depreciation and amortization | $33.3M3 | ||||||
| Stock-based compensation | $386.0K3 | ||||||
| Capital spending | $14.9M4 | $16.0M5 | $47.0M6 | $17.2M7 | $14.3M3 | $12.2M3 | $13.9M3 |
| Free cash flow | $115.8M | $10.1M | $141.7M | -$79.7M | $142.3M | -$70.7M | |
| Cash from investing | -$2.8M3 | ||||||
| Dividends paid | $011 | ||||||
| Cash from financing | $56.5M3 |
Corporate structure
Sprague Resources LP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Sprague Resources LP
- Sprague HP Holdings LLC Filed SC 13D/A on Sprague Resources LP, latest Nov 1, 2022 (4 filings since Jan 11, 2022)
- Hartree Bulk Storage, LLC Filed SC 13D/A on Sprague Resources LP, latest Nov 19, 2021
- Sprague Resources LP Portsmouth, New Hampshire
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Sprague Resources LP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $558.6M3 Dec 31, 2021 | $548.4M3 Dec 31, 2020 | +1.9% |
| Accumulated depreciation | $235.0M3 Dec 31, 2021 | $213.1M3 Dec 31, 2020 | +10.3% |
| Property and equipment, net | $323.6M3 Dec 31, 2021 | $335.3M3 Dec 31, 2020 | −3.5% |
| Finance-lease assets | $15.1M3 Dec 31, 2021 | $16.5M3 Dec 31, 2020 | −8.0% |
| Operating-lease assets (leased space) | $18.9M3 Dec 31, 2021 | $12.2M3 Dec 31, 2020 | +54.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $669.0K3 Dec 31, 2021 | $3.8M3 Dec 31, 2020 | −82.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $115.0M3 Dec 31, 2021 | $115.0M3 Dec 31, 2020 | 0% |
| Intangible assets, net (excluding goodwill) | $34.0M3 Dec 31, 2021 | $41.1M3 Dec 31, 2020 | −17.3% |
| Accumulated amortization | $56.0M3 Dec 31, 2021 | $50.4M3 Dec 31, 2020 | +11.2% |
| Finite-lived intangibles, net | $34.0M3 Dec 31, 2021 | $41.1M3 Dec 31, 2020 | −17.3% |
Inventory
Leadership
Who has led Sprague Resources LP, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief financial officerDavid C. Long Jan 2, 2019 to Nov 1, 202212
Board members and other officers (22)
- Chief Information OfficerBen J. Hennelly Jul 1, 2021 to Aug 13, 202113
- OfficerRobert Kory Arthur Aug 10, 2018 to Jul 15, 201914
- Vice President, Natural GasBrian W. Weego Oct 16, 2013 to Nov 1, 202215
- OfficerDavid C. Glendon Oct 16, 2013 to Nov 1, 202216
- OfficerGary A. Rinaldi Oct 16, 2013 to Mar 16, 202117
- OfficerJames Therriault Oct 16, 2013 to Nov 1, 202218
- OfficerPaul A. Scoff Oct 16, 2013 to Nov 1, 202219
- OfficerSteven D. Scammon Oct 16, 2013 to Nov 1, 202220
- Vice President, SalesThomas F. Flaherty Oct 16, 2013 to Nov 1, 202221
- Board memberHeiko Voelker May 28, 2021 to Sep 2, 202122
- Board memberJonathan Guy Merison May 28, 2021 to Nov 1, 202223
- Board memberScott Alan Levy May 28, 2021 to Nov 1, 202224
- Board memberStephen Hendel May 28, 2021 to Nov 1, 202225
- Board memberStephen Semlitz May 28, 2021 to Nov 1, 202226
- Board memberJohn A. Shapiro Jul 6, 2021 to Nov 1, 202227
- Board memberJason Lemme Sep 2, 2021 to Nov 1, 202228
- Board memberSally A. Sarsfield Mar 5, 2015 to May 28, 202129
- Board memberBeth A. Bowman Oct 15, 2014 to Nov 1, 202230
- Board memberBen J. Hennelly Oct 16, 2013 to May 28, 202131
- Board memberC. Gregory Harper Oct 16, 2013 to Nov 1, 202232
- Board memberDavid C. Glendon Oct 16, 2013 to Nov 1, 202216
- Board memberGary A. Rinaldi Oct 16, 2013 to May 28, 202117
Timeline
- Nov 1, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights33
- Oct 21, 20228-K Other events34
- Sep 2, 20228-K Entered a material agreement; Regulation FD disclosure; Other events35
- Sep 2, 20228-K Entered a material agreement; New debt or obligation36
- Aug 19, 20228-K Other events37
- Aug 4, 20228-K Results of operations38
- Jun 2, 20228-K Entered a material agreement; Shareholder vote; Regulation FD disclosure39
- May 5, 20228-K Results of operations40
- Apr 19, 20228-K Executive or director change41
- Apr 13, 20228-K Entered a material agreement; New debt or obligation42
- Mar 3, 20228-K Results of operations43
- Jan 11, 20228-K Regulation FD disclosure44
Calendar
When it reported results
- Aug 4, 2022Reported quarterly or annual results38
- May 5, 2022Reported quarterly or annual results40
- Mar 3, 2022Reported quarterly or annual results43
- Nov 4, 2021Reported quarterly or annual results45
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
62 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 13 major events, 33 insider forms, 5 large holders, 7 other. The latest 20:
- Nov 14, 202215-12G EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 20224 EDGAR
- Nov 1, 2022SC 13D/A EDGAR
- Nov 1, 2022SC 13E3/A EDGAR
- Nov 1, 20228-K EDGAR
The 62 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 1, 2022 | Sprague HP Holdings LLC | Buy | 6,689,383 | $20.00 | $133.8M | Form 4 |
| Nov 16, 2021 | Long David CChief Financial Officer | Buy | 5,000 | $16.25 | $81.2K | Form 4 |
| Nov 9, 2021 | Long David CChief Financial Officer | Buy | 9,000 | $16.25 | $146.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Sprague HP Holdings LLCSC 13D/A, 4 filings Jan 11, 2022 to Nov 1, 202246
- Hartree Bulk Storage, LLCSC 13D/A, 1 filing Nov 19, 202147
SEC filer profile
How Sprague Resources LP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSprague Resources LP1
- CIK0001525287
- Employer ID (EIN)45-26379641
- Filer statusAccelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)5171 Wholesale-Petroleum Bulk Stations & Terminals1
- Business address185 International Drive, Portsmouth, NH 038011
- Phone(800) 225-15601
- Shares outstanding26,238,232 as of Aug 4, 20229
- Public float$195.0M as of Jun 30, 20213
- On EDGAR sinceJul 27, 20111
- Filings515 in all: 4 (217), 8-K (119), 3 (28), 10-Q (27), SC 13G/A (23), SC 13D/A (20), CORRESP (14), UPLOAD (11)1
All 31 form types
10-K (9), S-1/A (9), 4/A (7), SC 13G (7), SC 13D (3), SC 13E3/A (3), EFFECT (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), 3/A (1), 424B4 (1), 5 (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), DEFM14C (1), PREM14C (1), S-1 (1), S-3 (1), S-3/A (1), S-8 (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Mar 4, 2022
Quarterly report (10-Q) Aug 4, 2022
Latest 8-K (8-K) Nov 1, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
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- 12
- 13
- 14SEC EDGARRobert Kory Arthur, Officer
- 15
- 16SEC EDGARDavid C. Glendon, Officer
- 17SEC EDGARGary A. Rinaldi, Officer
- 18SEC EDGARJames Therriault, Officer
- 19SEC EDGARPaul A. Scoff, Officer
- 20SEC EDGARSteven D. Scammon, Officer
- 21
- 22SEC EDGARHeiko Voelker, Board member
- 23SEC EDGARJonathan Guy Merison, Board member
- 24SEC EDGARScott Alan Levy, Board member
- 25SEC EDGARStephen Hendel, Board member
- 26SEC EDGARStephen Semlitz, Board member
- 27SEC EDGARJohn A. Shapiro, Board member
- 28SEC EDGARJason Lemme, Board member
- 29SEC EDGARSally A. Sarsfield, Board member
- 30SEC EDGARBeth A. Bowman, Board member
- 31SEC EDGARBen J. Hennelly, Board member
- 32SEC EDGARC. Gregory Harper, Board member
- 33
- 34SEC EDGAROther events
- 35
- 36
- 37SEC EDGAROther events
- 38SEC EDGARResults of operations
- 39
- 40SEC EDGARResults of operations
- 41SEC EDGARExecutive or director change
- 42
- 43SEC EDGARResults of operations
- 44SEC EDGARRegulation FD disclosure
- 45
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