TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Vietnam’s EV Taxi Giant GSM Eyes Hong Kong IPO With $2–3 Billion Valuation 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
Star Entertainment Leadership Shake-Up Deepens as CFO and COO Exit Amid Ongoing Restructuring 
L&F Tesla Battery Supply Deal Value Drops Sharply Amid EV Market Slowdown 
Warner Bros. Discovery Shares Slide Amid Report of Potential Paramount Skydance Lawsuit 
BP’s Castrol Stake Sale Raises Debt Relief Hopes but Sparks Cash Flow Concerns 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
Winter Storm Devin Triggers Massive Flight Cancellations and Travel Disruptions Across the U.S. 
PORTSMOUTH, N.H., Oct. 03, 2017 -- Sprague Resources LP (“Sprague”) (NYSE:SRLP) announced today that its wholly owned subsidiary, Sprague Operating Resources LLC, completed the purchase of the membership interests of Coen Energy, LLC and Coen Transport, LLC, as well as assets consisting of four bulk plants and underlying real estate (collectively, “Coen Energy”).
“I’m excited to announce that we have completed our fifth acquisition of the year. Coen Energy expands our footprint in Pennsylvania, Ohio and West Virginia, while also expanding our business model to provide energy products and complimentary field services to over 7,000 customers,” said David Glendon, Sprague’s President and CEO. “Coen has established a strong reputation for their service levels and safety record and I’m pleased to welcome our new employees to the Sprague family as we build on the Coen Energy legacy.”
About Sprague Resources LP
Sprague 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.
About Coen Oil Company, LLC
Founded in 1923, Coen Oil Company, LLC is the parent company of Coen Energy, Coen Transport as well as Coen Markets, a leading convenience store chain in the PA, OH, WV tri-state area, and Coen Tire, a leading tire retailer in that same region. More information can be found at coenoil.com.
Investor Contact:
Kory Arthur
+1 603.766.7401
[email protected]
