Global Partners

Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes the sale of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.

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Global Partners excels in Q4 2022, eyes sustainability and growth

Global Partners delivered robust financial results in Q4 2022, driven by improved margins and strategic acquisitions.
The company's focus on sustainability, operational efficiency, and responsible business practices underpins its long-term growth strategy.
While facing cost challenges and market uncertainties, Global Partners remains agile in capital allocation and risk management.
Strategic decisions around funding, market trends, and operational optimization will shape Global Partners' trajectory in 2023.

Global Partners (GLP) reports strong Q1 earnings and growth strategies

Global Partners (GLP) delivered a robust Q1 performance with increased product margins and solid financial metrics.
Strategic acquisitions and joint ventures have strengthened earnings power, while a focus on operational efficiency remains key.
Despite challenges like rising expenses, the company's stable financial position and growth strategies present promising opportunities.

Global Partners reports mixed Q2 results, eyes M&A opportunities

Global Partners' Q2 2023 earnings call highlighted successes in acquisitions and investments, alongside challenges in financial metrics and product margins.
The company's strong balance sheet and active pursuit of M&A opportunities position it well for future growth and value creation.
Addressing market conditions and operational expenses while exploring strategic partnerships present avenues for sustained performance and profitability.

Global Partners reports strong Q3 earnings and expands storage capacity

Global Partners demonstrated solid financial performance and strategic initiatives in Q3 2023, positioning them for growth.
While facing challenges in executing growth strategies, the company's strong balance sheet and acquisitions offer opportunities for expansion.
By focusing on alternative fuels and EV infrastructure, Global Partners is poised to navigate industry shifts and drive future profitability.

Global Partners (GLP) reports robust Q4 performance and eyes growth

Global Partners (GLP) delivered a strong performance in Q4 2023, driven by strategic acquisitions and financial discipline, positioning the company for future growth.
While facing challenges in certain segments, GLP's focus on cost management and operational efficiency underscores its commitment to sustainable profitability.
Looking ahead, GLP's emphasis on executing strategic priorities and exploring growth opportunities signals a positive outlook for continued success and value creation.

Global Partners doubles terminal network, faces financial metric challenges

Global Partners showcased strong growth through acquisitions and increased cash distribution, despite some financial metric declines.
Operational strengths in product margins and asset expansion demonstrate the company's competitive positioning in the market.
Challenges in financial metrics and rising expenses call for strategic adjustments to maintain profitability and shareholder value.
Opportunities lie in cost management, growth initiatives, and margin optimization to drive future performance and enhance resilience.

Global Partners (GLP) reports robust Q2 earnings amidst strategic investments

Global Partners (GLP) delivered strong financial results in Q2 2024, driven by growth in key segments and strategic investments.
While facing challenges in managing expenses and capital expenditures, the company remains focused on optimizing its capital structure and rewarding shareholders.
Opportunities for growth and market presence exist through upcoming conferences and favorable market conditions, positioning Global Partners (GLP) for continued success.

Global Partners excels in Q3 earnings, eyes growth amid challenges

Global Partners delivered a robust performance in Q3 2024, driven by strong financial numbers and improved product margins across key segments.
While facing challenges like increased operating expenses, the company's strategic strengths, including recent acquisitions and disciplined approach, position them well for future growth.
Opportunities lie in market expansion, acquisitions, and adapting to industry trends, signaling a promising outlook for Global Partners amidst evolving market dynamics.

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WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP Announces Availability of 2021 Schedule K-3

Global Partners LP Announces Availability of 2021 Schedule K-3

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Global Partners LP (NYSE:GLP ) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Sean Geary - Chief Legal Officer Eric Slifka - President & Chief Executive Officer Gregory Hanson - Chief Financial Officer Mark Romaine - Chief Operating Officer Conference Call Participants Selman Akyol - Stifel Gregg Brody - Bank of America Operator Good day, everyone and welcome to the Global Partners Second Quarter 2022 Financial Results Conference Call. Today's call is being recorded.

Global Partners LP (GLP) CEO Eric Slifka on Q2 2022 Results - Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners Reports Second-Quarter 2022 Financial Results

Global Partners Reports Second-Quarter 2022 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners Declares Second-Quarter 2022 Cash Distribution

Global Partners Declares Second-Quarter 2022 Cash Distribution of $0.6050 on Common Units

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WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP to Host Second-Quarter 2022 Financial Results Conference Call on August 5, 2022

Global Partners LP to Host Second-Quarter 2022 Financial Results Conference Call on August 5, 2022

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Global Partners LP (NYSE:GLP ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Sean Geary – Chief Legal Officer and Secretary Eric Slifka – President and Chief Executive Officer Gregory Hanson – Chief Financial Officer Mark Romaine – Chief Operating Officer Conference Call Participants Selman Akyol – Stifel Gregg Brody – Bank of America Operator Good day, everyone and welcome to the Global Partners First Quarter 2022 Financial Results Conference Call. [Operator Instructions] With us from Global Partners are President and Chief Executive Officer, Mr.

Global Partners' (GLP) CEO Eric Slifka on Q1 2022 Results - Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--GLP Q1 2022 Earnings Release

Global Partners Reports First-Quarter 2022 Financial Results

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 $0.5950 per unit ($2.38 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2022. The distribution will be paid May 13, 2022 to unitholders of record as of the close of business on May 9, 2022. Non-U.S. Withholding Information This press relea

Global Partners Declares First-Quarter 2022 Cash Distribution of $0.5950 on Common Units

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its first-quarter 2022 financial results before the market opens on Friday, May 6, 2022. At 10:00 a.m. ET, the Partnership will conduct a conference call for investors and analysts hosted by Eric Slifka, President and Chief Executive Officer, Gregory B. Hanson, Chief Financial Officer, and Mark Romaine, Chief Operating Officer. The call can be accessed by dialing (877) 709-81

Global Partners LP to Host First-Quarter 2022 Financial Results Conference Call on May 6, 2022

Fuel prices are high and this means good times for fuel distribution and independent fuel convenience stores that sell gasoline. Global Partners is such a business and it has an 8.7% dividend yield currently. The question is whether this dividend yield is sustainable and will it last long enough to prove good investment outcomes?

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WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today announced that Sean T. Geary was appointed by the Board of Directors of the Partnership's general partner, Global GP LLC, to serve as Chief Legal Officer effective March 1, 2022. Geary has been a leader at Global Partners for the past 16 years, progressing into roles of increasing responsibility. Most recently, he served as Acting General Counsel and Secretary of Global and its general partner

Global Partners Announces the Promotion of Sean T. Geary to Chief Legal Officer

News for Global Partners Stock (GLP)