Sprague Finishes Transformative 2013 with Stronger Operations, Big Expectations for Acquisitions
SUGAR LAND--March 27, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Sprague Resources LP (NYSE:SRLP) (Portsmouth, New Hampshire), a master limited partnership that trades, stores and distributes refined petroleum products and natural gas on the Eastern Seaboard, reported net losses for fourth-quarter and full-year 2013, after derivative losses from a hedging program offset growth in the company's Refined Products and Natural Gas segments, as well as benefits from expansions into new markets. Industrial Info is tracking $5 million in inspection and upgrade projects at Sprague terminals.
Other companies featured: Hess Corporation (NYSE:HES)
