Global Partners LP (GLP)
| Market Cap | 1.03B |
| Revenue (ttm) | 18.54B |
| Net Income (ttm) | 303.83M |
| Shares Out | 33.92M |
| EPS (ttm) | 8.91 |
| PE Ratio | 3.67 |
| Forward PE | n/a |
| Dividend | $2.41 (7.37%) |
| Ex-Dividend Date | Nov 7, 2022 |
| Volume | 391,743 |
| Open | 31.2 |
| Previous Close | 30.56 |
| Day's Range | 30.68 - 33.21 |
| 52-Week Range | 20.23 - 35.29 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 35.70 (+9.2%) |
| Earnings Date | Nov 4, 2022 |
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, Mid-Atlantic region, 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, bran... [Read more]
Financial Performance
In 2021, GLP's revenue was $13.25 billion, an increase of 59.20% compared to the previous year's $8.32 billion. Earnings were $60.80 million, a decrease of -40.52%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for GLP stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 9.17% from the latest price.
News
3 Reasons Growth Investors Will Love Global Partners LP (GLP)
Global Partners LP (GLP) possesses solid growth attributes, which could help it handily outperform the market.
7 Oil Stocks to Buy as the Winter Chill Beckons
A few weeks ago, the U.S. Energy Information Administration noted that households across the nation will likely spend more on energy this winter compared to prior cold seasons, thus potentially boosting...
5 Value Stocks With Attractive EV-to-EBITDA Ratios to Snap Up
We have screened value stocks PBF, INVA, GLP, HCCI and STRL based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
4 Solid Stocks to Play the Refining & Marketing MLP Industry
With refining margins remaining extremely healthy, the Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, CLMT, GLP and NGL should continue to enjoy upside momentum.
4 Best Momentum Stocks to Buy Using Driehaus Strategy
Ethan Allen Interiors (ETD), Global Partners (GLP), LPL Financial (LPLA) and Esquire Financial (ESQ) have been selected as the momentum picks for the day using the Driehaus strategy.
Global Partners LP (GLP) Just Overtook the 20-Day Moving Average
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
What Makes Global Partners LP (GLP) a Strong Momentum Stock: Buy Now?
Does Global Partners LP (GLP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is Why Growth Investors Should Buy Global Partners LP (GLP) Now
Global Partners LP (GLP) could produce exceptional returns because of its solid growth attributes.
Why Fast-paced Mover Global Partners LP (GLP) Is a Great Choice for Value Investors
Global Partners LP (GLP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks...
Global Partners Reports Third-Quarter 2022 Financial Results
WALTHAM, Mass.
Can Global Partners (GLP) Maintain Earnings Beat Run in Q3?
While high product margins and acquisition-related volume gains are likely to have boosted Global Partners' (GLP) profits in the third quarter, escalation in costs might have played spoilsport.
Is Global Partners (GLP) Outperforming Other Oils-Energy Stocks This Year?
Here is how Global Partners LP (GLP) and DCP Midstream Partners, LP (DCP) have performed compared to their sector so far this year.
Global Partners LP (GLP) Moves 12.2% Higher: Will This Strength Last?
Global Partners LP (GLP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price incr...
Global Partners LP (GLP) Hit a 52 Week High, Can the Run Continue?
Global Partners LP (GLP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
7 Safe Stocks to Buy for Your Retirement
Safe stocks for retirement are those that are less inclined to suffer in times of turmoil or represent a sector that is more recession-proof than others. That's not to say that a safe stock will never s...
Top 2 Inflation-Protected Dividend Stocks
Many decades ago, dividends were a key part of any investment decision. Investors often prioritized the highest yields with the most consistency. However, after the dot-com bubble, there was a sustained...
Should Value Investors Buy Global Partners (GLP) Stock?
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...
Global Partners Declares Third-Quarter 2022 Cash Distribution of $0.6250 on Common Units
WALTHAM, Mass.
The 7 Best Retirement Stocks to Buy Now
As the bear market continues, the opportunity remains to load up on the best retirement stocks at favorable prices. Macro uncertainties may be putting pressure on these names in the near-term, but over ...
Global Partners LP (GLP) Flat As Market Gains: What You Should Know
Global Partners LP (GLP) closed at $28.77 in the latest trading session, marking no change from the prior day.
Global Partners LP to Host Third-Quarter 2022 Financial Results Conference Call on November 4, 2022
WALTHAM, Mass.
Global Partners LP (GLP) Is Attractively Priced Despite Fast-paced Momentum
Global Partners LP (GLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are stil...
Global Partners Announces Cash Distributions on Series A and B Preferred Units
WALTHAM, Mass.
Global Partners LP (GLP) Upgraded to Buy: What Does It Mean for the Stock?
Global Partners LP (GLP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Global Partners Continues Expansion in the Mid-Atlantic Region with Acquisition of Tidewater Convenience, Inc.
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global” or “the Partnership”), one of the Northeast and mid-Atlantic's largest independent owners, suppliers, and operators of gasoline ...