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Global Partners LP (GLP)

Stock Price: $12.28 USD 0.78 (6.78%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 417.47M
Revenue (ttm) 12.70B
Net Income (ttm) 32.02M
Shares Out 34.00M
EPS (ttm) 0.71
PE Ratio 17.30
Forward PE n/a
Dividend $1.57
Dividend Yield 12.79%

Stock Quote

Trading Day Aug 4, 2020
Last Price $12.28
Previous Close $11.50
Change ($) 0.78
Change (%) 6.78%
Day's Open 11.50
Day's Range 11.50 - 12.43
Day's Volume 279,329
52-Week Range 6.30 - 20.95

More Stats

Market Cap 417.47M
Enterprise Value 1.81B
Earnings Date (est) Aug 6, 2020
Ex-Dividend Date May 8, 2020
Shares Outstanding 34.00M
Float 28.85M
EPS (basic) 0.71
EPS (diluted) 0.71
FCF / Share 7.35
Dividend $1.57
Dividend Yield 12.79%
Earnings Yield 5.78%
FCF Yield 59.66%
Payout Ratio 291.50%
Shares Short 71,506
Short Ratio 0.53
Short % of Float 0.50%
Beta 1.56
PE Ratio 17.30
Forward PE n/a
P/FCF Ratio 1.68
PS Ratio 0.03
PB Ratio 0.72
Revenue 12.70B
Operating Income 128.24M
Net Income 32.02M
Free Cash Flow 249.05M
Net Cash -1.39B
Net Cash / Share -40.91
Gross Margin 5.67%
Operating Margin 1.01%
Profit Margin 0.20%
FCF Margin 1.96%
ROA 3.01%
ROE 6.77%
ROIC 3.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 0
Overweight 0
Hold 3
Underweight 0
Sell 1

Analyst Consensus: Hold

Price Target

$10.33*
(-15.88% downside)
Low
9.00
Current: $12.28
High
12.00
Target: 10.33
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue13,08212,6738,9218,24010,31517,27019,59017,62614,8367,802
Revenue Growth3.23%42.06%8.26%-20.12%-40.27%-11.84%11.14%18.81%90.16%-
Gross Profit663650583546598545405333210167
Operating Income139197120-15211516685.4190.3455.3549.35
Net Income35.8710458.75-19943.5611542.6246.7419.3527.04
Shares Outstanding33.8133.7033.5933.5332.1827.4227.3326.3921.2816.35
Earnings Per Share0.812.951.74-5.911.113.951.421.710.871.59
EPS Growth-72.54%69.54%---71.9%178.17%-16.96%96.55%-45.28%-
Dividend Per Share2.051.881.851.852.742.532.342.062.001.96
Dividend Growth9.01%1.3%0.11%-32.36%8.23%7.99%13.7%2.9%2.15%-
Operating Cash Flow94.40169348-12062.51345255232-17.36-87.19
Capital Expenditures-65.80-50.76-17.086.45-88.59-91.09-57.95-37.74-13.37-14.64
Free Cash Flow28.60118331-113-26.09254197195-30.73-102
Cash & Equivalents16.6134.5118.7031.4167.2289.0655.2254.0427.554.30
Total Debt1,5951,2881,2351,4531,263595914847794787
Net Cash / Debt-1,578-1,253-1,216-1,421-1,196-506-858-792-766-782
Assets2,8082,4242,3202,5642,6642,0312,4282,3301,8771,672
Liabilities2,3491,9251,9262,1661,9701,3951,9651,8931,5611,396
Book Value458497391393648587415436315277
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Global Partners LP
Country United States
Employees 2,540
CEO Eric S. Slifka

Stock Information

Ticker Symbol GLP
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Midstream
Unique Identifier NYSE: GLP
IPO Date September 29, 2005

Description

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 gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil and propane retailers, and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. The company's Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to end user customers in the public sector, as well as to commercial and industrial end users; and sells custom blended fuels. As of December 31, 2019, the company had a portfolio of 1,551 owned, leased, and/or supplied gasoline stations, which included 289 directly operated convenience stores; and owned, leased, or maintained storage facilities at 24 bulk terminals with a collective storage capacity of 10.8 million barrels. Global GP LLC serves as the general partner of the company. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.