Global Partners LP (GLP)

NYSE: GLP · Delayed Price · USD
25.24
-0.31 (-1.21%)
At close: Jan 21, 2022 4:00 PM
26.57
1.33 (5.27%)
After-hours:Jan 21, 2022 4:49 PM EST
Market Cap856.43M
Revenue (ttm)11.35B
Net Income (ttm)32.37M
Shares Out33.93M
EPS (ttm)0.94
PE Ratio26.77
Forward PEn/a
Dividend$2.88 (11.43%)
Ex-Dividend DateNov 5, 2021
Volume74,616
Open25.39
Previous Close25.55
Day's Range25.00 - 25.52
52-Week Range18.10 - 27.62
Beta1.36
AnalystsSell
Price Target22.67 (-10.2%)
Earnings Daten/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...

IndustryOil, Gas & Consumable Fuels
IPO DateSep 29, 2005
CEOEric Slifka
Employees2,375
Stock ExchangeNYSE
Ticker SymbolGLP
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$22.67
(-10.18% downside)
Analyst Consensus: Sell

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...

3 days ago - Business Wire

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.

2 weeks ago - Zacks Investment Research

Forget Fixed Income: Add This Tax-Advantaged Investment Vehicle Instead

Forget Fixed Income: Add This Tax-Advantaged Investment Vehicle Instead

Other symbols:PSXPSUN
2 weeks ago - Zacks Investment Research

Best Income Stocks to Buy for December 23rd

SUN, RC, and GLP made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 23, 2021.

Other symbols:RCSUN
4 weeks ago - Zacks Investment Research

4 Refining & Marketing MLP Stocks That Are Excellent Buys

With the energy infrastructure space expected to remain attractive, the Zacks Oil and Gas - Refining & Marketing MLP operators like SUN, SPH, GLP and CAPL are attractive investments.

Other symbols:CAPLSPHSUN
1 month ago - Zacks Investment Research

Best Income Stocks to Buy for November 26th

BX, FAF, and GLP made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 26, 2021.

Other symbols:BXFAF
1 month ago - Zacks Investment Research

Best Income Stocks to Buy for November 17th

BX, ATCO, and GLP made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 17, 2021.

Other symbols:ATCOBX
2 months ago - Zacks Investment Research

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

Why Are Chinese Stocks Down This Year?

Stock and investing news and advice.

Other symbols:BABAFBTCEHYTUP
3 months ago - The Motley Fool

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...

Other symbols:ARLP
4 months ago - PRNewsWire

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 ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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.

Other symbols:NGLSUNTRGP
5 months ago - Zacks Investment Research

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.

Other symbols:NOAREXTGSVTNR
7 months ago - GuruFocus

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Zacks Investment Research

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")....

Other symbols:ET
8 months ago - PRNewsWire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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.

9 months ago - Zacks Investment Research