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Sprague Resources LP (SRLP)

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Sprague Resources LP

185 International Drive
Portsmouth, NH 03801
United States
800 225 1560
http://www.spragueenergy.com

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full Time Employees765

Key Executives

NameTitlePayExercisedYear Born
Mr. David C. GlendonPres, CEO & Director of Sprague Resources GP LLC450.69kN/A1966
Mr. David C. LongCFO & Principal Accounting Officer of Sprague Resources GP LLC326.24kN/A1974
Mr. Steven D. ScammonVP & Chief Risk Officer of Sprague Resources GP LLC355.56kN/A1962
Mr. Brian W. WeegoVP of Natural Gas - Sprague Resources GP LLC323.56kN/A1966
Mr. Thomas E. CareyVP of Operation - Sprague Resources GP LLCN/AN/AN/A
Mr. Paul A. ScoffVP, Gen. Counsel, Chief Compliance Officer & Sec. of Sprague Resources GP LLCN/AN/A1959
Mr. Joseph S. SmithVP of Corp. Devel. & IT - Sprague Resources GP LLCN/AN/A1957
Barbara ArkwellManaging Director of HR of Sprague Resources GP LLCN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sprague Resources LP engages in the purchase, storage, distribution, and sale of refined petroleum products and natural gas in the United States and Canada. The company operates through four segments: Refined Products, Natural Gas, Materials Handling, and Other Operations. The Refined Products segment purchases and sells various refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel, gasoline, and asphalt to wholesale, retail, and commercial customers. This segment's wholesale customers consist of approximately 1,100 home heating oil retailers, and diesel fuel and gasoline resellers; and commercial customers include federal and state agencies, municipalities, regional transit authorities, drill sites, large industrial companies, real estate management companies, hospitals, educational institutions, and asphalt paving companies. The Natural Gas segment purchases natural gas from natural gas producers and trading companies and sells and distributes natural gas to approximately 15,000 commercial and industrial customer locations across 13 states in the Northeast and Mid-Atlantic United States. The Materials Handling segment offloads, stores, and prepares for the delivery of various customer-owned products, including asphalt, crude oil, clay slurry, salt, gypsum, residual fuel oil, coal, petroleum coke, caustic soda, tallow, pulp, and heavy equipment. The Other Operations segment engages in coal marketing and distribution; and commercial trucking activities. As of December 31, 2020, the company had combined storage capacity of 14.6 million barrels for refined products and other liquid materials, as well as 2.0 million square feet of materials handling capacity. Sprague Resources LP was founded in 1870 and is headquartered in Portsmouth, New Hampshire. As of May 28, 2021, Sprague Resources LP operates as a subsidiary of Hartree Partners, LP.

Corporate Governance

Sprague Resources LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.