Global Partners LP (GLP)
| Market Cap | 856.43M |
| Revenue (ttm) | 11.35B |
| Net Income (ttm) | 32.37M |
| Shares Out | 33.93M |
| EPS (ttm) | 0.94 |
| PE Ratio | 26.77 |
| Forward PE | n/a |
| Dividend | $2.88 (11.43%) |
| Ex-Dividend Date | Nov 5, 2021 |
| Volume | 74,616 |
| Open | 25.39 |
| Previous Close | 25.55 |
| Day's Range | 25.00 - 25.52 |
| 52-Week Range | 18.10 - 27.62 |
| Beta | 1.36 |
| Analysts | Sell |
| Price Target | 22.67 (-10.2%) |
| Earnings Date | n/a |
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
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GLP stock is "Sell." The 12-month stock price forecast is 22.67, which is a decrease of -10.18% from the latest price.
News
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...
Is Global Partners LP (GLP) Stock Outpacing Its Oils-Energy Peers This Year?
Here is how Global Partners LP (GLP) and Halliburton (HAL) have performed compared to their sector so far this year.
Forget Fixed Income: Add This Tax-Advantaged Investment Vehicle Instead
Forget Fixed Income: Add This Tax-Advantaged Investment Vehicle Instead
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Global Partners Reports Third-Quarter 2021 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the third quarter ended September 30, 2021. “Margin growth in all three segments highlighted a solid ...
Global Partners Announces the Appointment of Jaime Pereira to its Board of Directors
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced the appointment of Jaime Pereira to the Board of Directors of its general partner, Global GP LLC, effective October 25, 20...
Global Partners Declares Third-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 Third-Quarter 2021 Financial Results Conference Call on November 5, 2021
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its third-quarter 2021 financial results before the market opens on Friday, Nov 5, 2021, and host a c...
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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 ...
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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.