Global Partners LP (GLP)
| Market Cap | 705.75M |
| Revenue (ttm) | 10.09B |
| Net Income (ttm) | 19.41M |
| Shares Out | 33.94M |
| EPS (ttm) | 0.56 |
| PE Ratio | 35.63 |
| Forward PE | n/a |
| Dividend | $2.20 (10.97%) |
| Ex-Dividend Date | Aug 6, 2021 |
| Volume | 49,034 |
| Open | 20.37 |
| Previous Close | 20.11 |
| Day's Range | 20.06 - 20.41 |
| 52-Week Range | 10.94 - 26.88 |
| Beta | 1.41 |
| Analysts | Sell |
| Price Target | 22.00 (+9.7%) |
| Est. Earnings Date | Nov 4, 2021 |
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...
Financial Performance
In 2020, GLP's revenue was $8.32 billion, a decrease of -36.39% compared to the previous year's $13.08 billion. Earnings were $102.21 million, an increase of 184.97%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GLP stock is "Sell." The 12-month stock price forecast is 22.00, which is an increase of 9.67% from the latest price.
News
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® MLP Market Cap Index
DALLAS, Sept. 10, 2021 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® MLP Market Cap Index (the "Index") as part of norma...
Global Partners Reports Second-Quarter 2021 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the second quarter ended June 30, 2021. “Increased activity at our gasoline stations and convenience ...
Global Partners Declares Second-Quarter 2021 Cash Distribution of $0.5750 on Common Units
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 $0.5750 p...
Global Partners LP to Host Second-Quarter 2021 Financial Results Conference Call on August 6, 2021
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its second-quarter 2021 financial results before the market opens on Friday, Aug 6, 2021, and host a ...
These 4 Refining & Marketing MLP Stocks Are Worth a Closer Look
The Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, SUN, GLP and NGL are well positioned to capitalize on stabilized production and rebounding energy demand.
Global Partners Announces Cash Distributions on Series A and B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash d...
5 Energy Stocks Trading With Low Price-Sales Ratio
According to the GuruFocus All-In-One Screener, a Premium feature, the following energy companies were trading with low price-sales ratios as of June 10.
Global Partners Mourns the Loss of Executive Vice President and General Counsel Edward J. Faneuil
WALTHAM, Mass.--(BUSINESS WIRE)--It is with profound sadness that Global Partners LP (NYSE: GLP) today announced that Edward J. Faneuil, the Partnership's Executive Vice President, General Counsel and S...
Global Partners Reports First-Quarter 2021 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP), today reported financial results for the first quarter ended March 31, 2021. “With more than one-third of the U.S. now fully vaccinated a...
Is Global Partners LP (GLP) Stock Undervalued Right Now?
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 the latest v...
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index
DALLAS, April 30, 2021 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing ® MLP Market Cap Index (the "Index")....
Global Partners Declares Increased Cash Distribution on Common Units for the First Quarter of 2021
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 by $0.025...
Global Partners LP to Host First-Quarter 2021 Financial Results Conference Call on May 7, 2021
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its first-quarter 2021 financial results before the market opens on Friday, May 7, 2021, and host a c...
Why You Should Add Global Partners (GLP) to Your Portfolio
Global Partners' (GLP) liquidity position and earnings growth projections make it an attractive choice at the moment.
Global Partners Announces Cash Distributions on Series A and B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash distribution of $0.609...
Top Ranked Income Stocks to Buy for April 13th
Top Ranked Income Stocks to Buy for April 13th
Is Global Partners (GLP) Outperforming Other Oils-Energy Stocks This Year?
Is (GLP) Outperforming Other Oils-Energy Stocks This Year?
Is Global Partners (GLP) Stock Outpacing Its Oils-Energy Peers This Year?
Is (GLP) Outperforming Other Oils-Energy Stocks This Year?
Global Partners LP Prices Public Offering of Series B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) (“Global” or the “Partnership”) today announced that it has priced an offering of 3,000,000 of its 9.50% Series B Fixed Rate Cumulative Red...
4 Refining & Marketing MLP Stocks to Withstand Industry Headwinds
4 Refining & Marketing MLP Stocks to Withstand Industry Headwinds
Global Partners LP Announces Public Offering of Series B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) (“Global” or the “Partnership”) today announced that it has commenced a public offering, subject to market and other conditions, of Series ...
Top Ranked Income Stocks to Buy for March 15th
Top Ranked Income Stocks to Buy for March 15th
Top Ranked Income Stocks to Buy for March 11th
Top Ranked Income Stocks to Buy for March 11th
Global Partners Announces Chief Financial Officer Succession
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that Daphne H. Foster has notified the Board of Directors that she plans to retire as Chief Financial Officer and step dow...
Global Partners LP Files 2020 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, 2020 was filed with the U.S. Securities and Exchange C...