Sprague Resources LP reported earnings today, including results from its natural gas marketing segment

Natural Gas segment volumes increased 1% to 17.3 Bcf in the fourth quarter of 2019, compared to 17.1 Bcf in the fourth quarter of 2018.

Natural Gas adjusted gross margin increased $1.8 million, or 15%, to $13.6 million for the fourth quarter of 2019, compared to $11.9 million for the fourth quarter of 2018.

Volumes in the Natural Gas segment increased 1.9 Bcf, to 62.3 Bcf in 2019 compared to 2018.

For the year 2019, Natural Gas adjusted gross margin decreased 6% to $54.3 million, compared to $57.9 million in 2018.

"Natural Gas business continues to see steady volume growth, though the absence of volatility in the market has limited our opportunities for margin expansion", said David Glendon, Sprague's President and Chief Executive Officer.

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