Sprague Resources (SRLP) Reports In-Line Q2 EPS

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Go back to Sprague Resources (SRLP) Reports In-Line Q2 EPS

Sprague Resources LP Reports Second Quarter 2015 Results and Reconfirms 2015 EBITDA Guidance Of $105 To $120 Million

August 6, 2015 7:01 AM EDT

PORTSMOUTH, N.H., Aug. 6, 2015 /PRNewswire/ -- Sprague Resources LP ("Sprague") (NYSE: SRLP) today reported its financial results for the second quarter ended June 30, 2015.    

"Sprague's second quarter results reflected solid operating performance," said David Glendon, President and Chief Executive Officer. "In line with our previously issued guidance of $0.0150 per unit growth, we raised our distribution for the fifth consecutive quarter to $0.4875 per unit, 3.2% higher than the distribution paid in the first quarter and 14% above the year ago quarter.  Sprague continues to benefit from acquisitions made in the second half of 2014,... More