Global Partners LP (GLP)
| Market Cap | 591.86M |
| Revenue (ttm) | 9.47B |
| Net Income (ttm) | 89.04M |
| Shares Out | 33.92M |
| EPS (ttm) | 2.60 |
| PE Ratio | 6.71 |
| Forward PE | n/a |
| Dividend | $2.00 |
| Dividend Yield | 11.49% |
| Trading Day | January 15 |
| Last Price | $17.41 |
| Previous Close | $17.41 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | 17.67 |
| Day's Range | 17.12 - 17.72 |
| Day's Volume | 54,420 |
| 52-Week Range | 6.78 - 18.10 |
Amid the ultra-low rates, risk-averse investors should consider focusing on high-yield dividend securities that provides them with a source of consistent income. China Petroleum (SNP), Vodafon...
Sprague Resources (SRLP), CrossAmerica Partners (CAPL), Western Midstream Partners (WES) and Global Partners (GLP) are four energy partnerships that can return well on investment while offerin...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced the signing of an agreement to purchase the retail fuel and convenience store assets of Connecticut-based Consum...
GLP common yields 11.45%, with strong 2.85X coverage in Q1-3 2020. It has had strong net income, DCF, and EBITDA growth in 2020.
Top Ranked Income Stocks to Buy for December 11th
Sprague Resources LP (SRLP), CrossAmerica Partners LP (CAPL), Western Midstream Partners, LP (WES) and Global Partners LP (GLP) are four energy partnerships that can return well on investment ...
Global Partners LP (GLP) CEO Eric Slifka on Q3 2020 Results - Earnings Call Transcript
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the quarter ended September 30, 2020. “Global continues to perform well despite near-term u...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its third-quarter 2020 financial results before the market opens on Thursday, November 5, 2...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of...
You Still Need Gasoline, So I Get Yields Of 13.5%: Global Partners LP
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced the appointment of Robert W. “Bob” Owens to the Board of Directors of its general partner, Global GP LLC, effect...
The energy pipeline partnerships represent an attractive option for income-focused investors in the current environment.
Midstream had its worst week since June in what has been a brutal September so far.
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) today announced that it has priced its previously announced private offering of $350 million in aggregate principal a...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other co...
Retirement: Preservation Of Income Is Your Best Friend
Top Ranked Income Stocks to Buy for September 9th
Global Partners' (GLP) sturdy cash position and earnings growth projections make it an attractive choice at the moment.
The energy pipeline partnerships represent an attractive investment option for income-focused investors in the current environment.
Top Ranked Income Stocks to Buy for August 11th
Global Partners LP (GLP) CEO Eric Slifka on Q2 2020 Results - Earnings Call Transcript
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the quarter ended June 30, 2020.
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution...
August 19, 2020 – August 20, 2020 https://www.hgpauction.com/auctions/104084/vos/ SAN DIEGO, CALIF., July 28, 2020 /PRNewswire/ - Heritage Global Partners ("HGP"), a worldwide leader in asset ...
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its second-quarter 2020 financial results before the market opens on Thursday, August 6, 20...
Yield 10%-Plus From Recession-Resilient Preferred Stock: Global Partners
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) announced today that the Board of Directors of the general partner (the “General Partne...
Global Partners LP (GLP) CEO Eric Slifka on Q1 2020 Results - Earnings Call Transcript
Shares of Global Partners (NYSE:GLP) fell 1.3% in pre-market trading after the company reported Q1 results.
High Dividends: What I Have Been Buying
Global Partners LP (GLP) CEO Eric Slifka on Q4 2019 Results - Earnings Call Transcript
Muted Outlook for Oil & Gas Refining & Marketing MLP Industry
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Global Partners LP: Covered Dividend, But Inefficient Growth Model - Still A Good Income Buy
Global Partners' (GLP) CEO Eric Slifka on Q3 2019 Results - Earnings Call Transcript
Commodity pricing woes do not necessarily indicate that all energy scrips have lost potential.
The surge in oil and natural gas production over the past few years have made pipelines, storage and associated infrastructure providers attractive bets in the energy midstream space.
Oil & Gas Refining & Marketing MLP Industry: A Steady Growth Story
Fuel distribution sees stronger quarters in Q2 and Q3.
Let's see if Global Partners (GLP) stock is a good choice for value-oriented investors right now from multiple angles.
A surprise crude buildup along with Trump's dousing of optimism over U.S.-China talks dragged oil prices down.
Global Partners LP's (GLP) CEO Eric Slifka on Q2 2019 Results - Earnings Call Transcript
An in-depth guide to investing in the retail gas station segment of the oil market.
Global Partners LP (GLP) CEO Eric Slifka on Q1 2019 Results - Earnings Call Transcript
About GLP
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Its Wholesale segment sells home heating oil, branded and unbranded gaso... [Read more...]
| Industry Oil & Gas Midstream | IPO Date Sep 29, 2005 |
| CEO Eric Slifka | Employees 2,540 |
| Stock Exchange NYSE | Ticker Symbol GLP |
Financial Performance
In 2019, GLP's revenue was $13.08 billion, an increase of 3.23% compared to the previous year's $12.67 billion. Earnings were $35.87 million, a decrease of -65.48%.
Analyst Forecasts
According to 4 analysts, the average rating for GLP stock is "Sell." The 12-month stock price forecast is 16.33, which is a decrease of -6.20% from the latest price.