Global Partners LP (GLP)

NYSE: GLP · IEX Real-Time Price · USD
32.70
+2.14 (7.00%)
At close: Dec 9, 2022 4:00 PM
31.85
-0.85 (-2.60%)
After-hours: Dec 9, 2022 5:27 PM EST
7%
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]

Industry Oil, Gas & Consumable Fuels
IPO Date Sep 29, 2005
CEO Eric Slifka
Employees 2,430
Stock Exchange NYSE
Ticker Symbol GLP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$35.7
(9.17% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 week ago - Zacks Investment Research

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...

Other symbols: EGYEPSNEQNRGPRKMROPSX
1 week ago - InvestorPlace

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.

Other symbols: HCCIINVAPBFSTRL
3 weeks ago - Zacks Investment Research

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.

Other symbols: CLMTNGLTRGP
3 weeks ago - Zacks Investment Research

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.

Other symbols: ESQETDLPLA
3 weeks ago - Zacks Investment Research

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?

4 weeks ago - Zacks Investment Research

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.

4 weeks ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

Global Partners Reports Third-Quarter 2022 Financial Results

WALTHAM, Mass.

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

Other symbols: AITAMRARLPBSMGPCMNRL
1 month ago - InvestorPlace

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...

Other symbols: AIRC
1 month ago - GuruFocus

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...

1 month ago - Zacks Investment Research

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 ...

1 month ago - InvestorPlace

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

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).

1 month ago - Zacks Investment Research

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 ...

2 months ago - Business Wire