Sprague Resources LP Announces Cash Distribution for the First Quarter of 2019 and Earnings Conference Call Schedule
April 26 2019 - 6:00AM
Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that
the Board of Directors of its general partner, Sprague Resources GP
LLC, declared a cash distribution of $0.6675 per unit ($2.67 per
unit on an annualized basis) for the first quarter ended
March 31, 2019. The first quarter distribution is equal
to the distribution for the fourth quarter ended December
31, 2018, and reflects a 2% increase over the quarterly
distribution of $0.6525 per unit for the first quarter of
2018.
The announced distribution will be paid on Tuesday, May 14,
2019, to unitholders of record as of the close of business on May
7, 2019.
Unaudited First Quarter 2019 Financial Results and
Earnings Conference CallSprague will release its first
quarter, unaudited 2019 financial results before the opening of
trading on the NYSE on Wednesday, May 8, 2019 and will host a
conference call that day at 1 p.m. Eastern time to discuss its
financial results. Those interested in hearing the discussion
can access the call by dialing (866) 516-2130, and using
participation code 3674055. International callers may join by
dialing (678) 509-7612. The conference call may also be
accessed by a webcast available in the "Investor Relations-Calendar
of Events" page of Sprague's website at www.spragueenergy.com and
will be archived on our website for one year. Certain
non-GAAP financial information included in the earnings call will
be available at the time of the call on the "Investor Relations –
Featured Documents" section of Sprague’s website
https://investors.spragueenergy.com.
Qualified NoticeThis release is intended to be
a qualified notice under Treasury Regulation Section 1.1446-4(b).
Brokers and nominees should treat one hundred percent (100.0%) of
Sprague’s distributions to non-U.S. investors as being attributable
to income that is effectively connected with a United States trade
or business. Accordingly, Sprague’s distributions to non-U.S.
investors are subject to federal income tax withholding at the
highest applicable effective tax rate.
About Sprague Resources LPSprague Resources LP
is engaged in the purchase, storage, distribution and sale of
refined petroleum products and natural gas. The company also
provides storage and handling services for a broad range of
materials. More information concerning Sprague can be found at
www.spragueenergy.com.
Investor Contact:Susan Kelly Trahan+1
800.225.1560investorrelations@spragueenergy.com
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