Sprague Resources Lp (SRLP) Files Form 4 Insider Selling : Paul A. Scoff Sells 1,250 Shares

Sprague Resources Lp (SRLP): Paul A. Scoff , officer of Sprague Resources Lp sold 1,250 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $23.67 per share for a total value of $29,587.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 25, 2015, Brian W. Weego (Vice President, Natural Gas) sold 2,500 shares at $25.50 per share price.

Shares of Sprague Resources LP (SRLP) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.27 points or -1.13% at $23.72 with 50,504 shares getting traded. Post opening the session at $23.5, the shares hit an intraday low of $23.44 and an intraday high of $24.113 and the price vacillated in this range throughout the day. The company has a market cap of $505 M and the number of outstanding shares has been calculated to be 2,13,03,997 shares. The 52-week high of Sprague Resources LP is $28.1 and the 52-week low is $15.5503.

Sprague Resources LP Money Flow Index Chart

Sprague Resources LP (Sprague Resources) is engaged in the purchase storage distribution and sale of refined products and natural gas and provides storage and handling services for a range of materials. The Company operates through four segments: refined products natural gas materials handling and other operations. The Company’s refined products segment purchases a range of refined products such as heating oil diesel fuel residual fuel oil asphalt kerosene jet fuel and gasoline and sells them to its customers. The natural gas segment purchases sells and distributes natural gas to commercial and industrial customers primarily in the Northeast and Mid-Atlantic United States. The materials handling segment offloads stores and prepares for delivery a range of customer-owned products. The Company’s other operations consist primarily of coal marketing and distribution and commercial trucking. Sprague Resources’ product brands include HeatForce and RoadForce.

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