Global Partners LP (GLP)
| Market Cap | 1.79B |
| Revenue (ttm) | 17.61B |
| Net Income (ttm) | 107.92M |
| Shares Out | 34.13M |
| EPS (ttm) | 3.13 |
| PE Ratio | 16.79 |
| Forward PE | 17.05 |
| Dividend | $2.98 (5.71%) |
| Ex-Dividend Date | May 9, 2025 |
| Volume | 27,126 |
| Open | 51.22 |
| Previous Close | 52.21 |
| Day's Range | 51.06 - 52.85 |
| 52-Week Range | 37.00 - 60.00 |
| Beta | 1.00 |
| Analysts | Hold |
| Price Target | 56.00 (+6.65%) |
| Earnings Date | Aug 6, 2025 |
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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and ... [Read more]
Financial Performance
In 2024, Global Partners LP's revenue was $17.16 billion, an increase of 4.07% compared to the previous year's $16.49 billion. Earnings were $82.77 million, a decrease of -35.35%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for GLP stock is "Hold" and the 12-month stock price target is $56.0.
News
Global Partners LP Announces Expiration and Results of Its Cash Tender Offer for Any and All of Its Outstanding 7.00% Senior Notes Due 2027
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) announced today that the cash tender offer (the “Offer”) commenced on June 10, 2025 to purchase any and all of the outstandin...
Global Partners LP Announces Pricing Terms of Cash Tender Offer for Any and All Outstanding 7.00% Senior Notes Due 2027
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) announced today the pricing terms of the previously announced cash tender offer (the “offer”) to purchase any and all of the ...
The 9.2% Yield Of The Preferred Stock Of Global Partners Is Highly Attractive
Global Partners' preferred stock offers a 9.2% yield with strong dividend safety, appealing to income-focused and conservative investors amid market volatility. The company demonstrates resilience to ...
Global Partners LP Announces Pricing of Upsized Private Offering of Senior Notes
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) today announced that it has priced an upsized private offering of $450 million in aggregate principal amount of 7.125% senior...
Global Partners LP Announces Cash Tender Offer for Any and All Outstanding 7.00% Senior Notes Due 2027
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) announced today that it has commenced a cash tender offer (the “offer”) to purchase any and all of the outstanding 7.00% Seni...
Global Partners LP Announces Private Offering of Senior Notes
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 conditions...
Global Partners Mourns the Loss of Board Chairman Richard Slifka
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announces with deep sadness the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership's general partner, Glob...
Global Partners LP Common Units (GLP) Q1 2025 Earnings Call Transcript
Global Partners LP Common Units (NYSE:GLP) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Sean Geary - CLO and Secretary Eric Slifka - President and CEO Gregory Hanson ...
Global Partners LP Reports First-Quarter 2025 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the first quarter ended March 31, 2025. CEO Commentary “Global delivered solid first-quarter result...
Global Partners Declares First-Quarter 2025 Cash Distribution of $0.7450 on Common Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared...
Global Partners LP to Host First-Quarter 2025 Financial Results Conference Call on May 8, 2025
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that it will release its first-quarter 2025 financial results before the market...
Global Partners Announces Cash Distribution on Series B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a quar...
Own The Gas Pump, And Collect 8% Yields
I love topping off my gas tank; I get to see all the people who pay for my retirement in action. Sometimes, it's the most overlooked aspects of life that can pay you the most income! My Income Method ...
RoadFlex Announces Strategic Fuel Partnership with Global Partners, a Leader in Energy Solutions
WALTHAM, Mass.--(BUSINESS WIRE)-- #roadflex--RoadFlex, the leader in fuel risk management and fleet card solution, today announced a new strategic partnership with Global Partners LP (NYSE: GLP). This...
Global Partners LP Files 2024 Annual Report on Form 10-K
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2024, was filed with the U.S. Securities and Exchang...
Global Partners LP Common Units (GLP) Q4 2024 Earnings Call Transcript
Global Partners LP Common Units (NYSE:GLP) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Sean Geary - CLO & Secretary Eric Slifka - President & CEO Gregory Hanso...
Global Partners Reports Fourth-Quarter and Full-Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the fourth quarter and full year ended December 31, 2024. CEO Comme...
Global Partners LP to Host Fourth-Quarter and Full-Year 2024 Financial Results Conference Call on February 28, 2025
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its fourth-quarter and full-year 2024 financial results before the market opens...
Global Partners: The Preferred Units Are Better
Global Partners LP has substantial leverage and arguably unsustainable growth prospects. The preferred units offer a higher yield of 9% and lower risk compared to the common units. The company's high ...
Global Partners Declares Fourth-Quarter 2024 Cash Distribution of $0.7400 on Common Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a cash distribution ...
Buy Baby Buy: 3 Energy Stocks Riding The Trump Presidential Victory
America's president-elect is set to introduce a series of new energy-focused policies, rolling back regulatory red tape introduced by the Biden administration. Energy stocks, including a handful of dr...
Global Partners LP Common Units (GLP) Q3 2024 Earnings Call Transcript
Global Partners LP Common Units (NYSE:GLP) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Eric Slifka - President & CEO Gregory Hanson - CFO Mark Romaine - COO Sea...
Global Partners Reports Third-Quarter 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the third quarter ended September 30, 2024. CEO Commentary “Global'...
Global Partners LP Completes Acquisition of East Providence Liquid Energy Terminal
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) (“Global” or the “Partnership”) announced today that it has successfully completed the acquisition of a liquid energy terminal in East Pr...
Global Partners LP to Host Third-Quarter 2024 Financial Results Conference Call on November 8, 2024
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its third-quarter 2024 financial results before the market opens on Friday, Nov...