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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Global Partners is a purchaser, seller, and distributor of gasoline, fuel-oil, renewable and other fuels. The MLP currently throws off an attractive 8.2% yield. GLP's footprint is primarily in the Northeast and Mid-Atlantic U.S., putting it in the cat-bird seat for a winter in which the EU is in a short-term energy crisis.

Global Partners LP: 8.2% And Sitting In The Cat-Bird Seat

Global Partners LP (GLP) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Global Partners LP (GLP)

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Global Partners LP (GLP) could produce exceptional returns because of its solid growth attributes.

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Global Partners LP (NYSE:GLP ) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Sean Geary - Chief Legal Officer Eric Slifka - CEO Gregory Hanson - CFO Conference Call Participants Selman Akyol - Stifel Operator Good day, everyone and welcome to the Global Partners Third Quarter 2022 Financial Results Conference Call. Today's call is being recorded.

Global Partners LP (GLP) Q3 2022 Earnings Call Transcript

Global Partners Reports Third-Quarter 2022 Financial Results

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.

Can Global Partners (GLP) Maintain Earnings Beat Run in Q3?

Here is how Global Partners LP (GLP) and DCP Midstream Partners, LP (DCP) have performed compared to their sector so far this year.

Is Global Partners (GLP) Outperforming Other Oils-Energy Stocks This Year?

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 increase in the near term.

Global Partners LP (GLP) Moves 12.2% Higher: Will This Strength Last?

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Global Partners Declares Third-Quarter 2022 Cash Distribution of $0.6250 on Common Units

Global Partners LP (GLP) closed at $28.77 in the latest trading session, marking no change from the prior day.

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Global Partners LP to Host Third-Quarter 2022 Financial Results Conference Call on November 4, 2022

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Global Partners LP (GLP) Is Attractively Priced Despite Fast-paced Momentum

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Global Partners LP has recently announced its acquisition of Tidewater Convenience. The partnership has an attractive dividend payout for the recent quarter of $0.605 per share.

Global Partners: 9.88% Dividend Yield And Acquisition Of Tidewater Convenience

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 stations and convenience stores, today announced the purchase of Tidewater Convenience, Inc. (Tidewater), further expanding the Partnership's retail footprint in the mid-Atlantic region. The acquisition includes 15 locations (14 company-operated) in Southeast Virginia. “We are committed to contin

Global Partners Continues Expansion in the Mid-Atlantic Region with Acquisition of Tidewater Convenience, Inc.

News for Global Partners Stock (GLP)