Global Partners
About: Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
Employees: 4,840
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
102% more call options, than puts
Call options by funds: $1.71M | Put options by funds: $847K
7% more funds holding
Funds holding: 102 [Q3] → 109 (+7) [Q4]
1.28% more ownership
Funds ownership: 42.78% [Q3] → 44.06% (+1.28%) [Q4]
3% more capital invested
Capital invested by funds: $679M [Q3] → $697M (+$18.6M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$56
8%
upside
Avg. target
$56
8%
upside
High target
$56
8%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Stifel Selman Akyol 76% 1-year accuracy 16 / 21 met price target | 8%upside $56 | Hold Downgraded | 4 Mar 2025 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Global Partners Announces Cash Distribution on Series B Preferred Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnership's 9.50% fixed-rate Series B preferred units for the period from February 15, 2025 through May 14, 2025. The distribution will be paid on May 15, 2025 to Series B preferred unitholders of record.
Positive
Seeking Alpha
3 weeks ago
Own The Gas Pump, And Collect 8% Yields
I love topping off my gas tank; I get to see all the people who pay for my retirement in action. Sometimes, it's the most overlooked aspects of life that can pay you the most income! My Income Method is designed to drive massive sums of income from the market to your account.
Neutral
Business Wire
1 month ago
RoadFlex Announces Strategic Fuel Partnership with Global Partners, a Leader in Energy Solutions
WALTHAM, Mass.--(BUSINESS WIRE)-- #roadflex--RoadFlex, the leader in fuel risk management and fleet card solution, today announced a new strategic partnership with Global Partners LP (NYSE: GLP). This collaboration significantly broadens RoadFlex's already extensive fuel discount network, offering customers access to Global Partners' comprehensive service stations and exclusive fuel rewards. Through this partnership, RoadFlex customers can secure considerable savings on both gasoline and diesel at Global P.
Neutral
Business Wire
1 month ago
Global Partners LP Files 2024 Annual Report on Form 10-K
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2024, was filed with the U.S. Securities and Exchange Commission (“SEC”) on February 28, 2025. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded from the “SEC Filings” page of the Partnership's investor relations website or from the SEC's website at www.sec.gov. A hard copy of the Partnership's complete audited financi.
Neutral
Seeking Alpha
1 month ago
Global Partners LP Common Units (GLP) Q4 2024 Earnings Call Transcript
Global Partners LP Common Units (NYSE:GLP ) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Sean Geary - CLO & Secretary Eric Slifka - President & CEO Gregory Hanson - CFO Mark Romaine - COO Conference Call Participants Selman Akyol - Stifel Operator Good day, everyone, and welcome to the Global Partners Fourth Quarter and Full Year 2024 Financial Results Conference Call. Today's call is being recorded.
Neutral
Business Wire
1 month ago
Global Partners Reports Fourth-Quarter and Full-Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the fourth quarter and full year ended December 31, 2024. CEO Commentary “2024 has been a transformative year of growth for Global Partners, strengthening our position in the U.S. liquid energy market and expanding our ability to serve our growing wholesale, retail, and commercial customer base,” said Eric Slifka, President and Chief Executive Officer. “Since late.
Positive
Zacks Investment Research
2 months ago
3 Solid Options Amid Refining & Marketing MLP Industry Tumult
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, GLP and CAPL.
Neutral
Business Wire
2 months ago
Global Partners LP to Host Fourth-Quarter and Full-Year 2024 Financial Results Conference Call on February 28, 2025
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its fourth-quarter and full-year 2024 financial results before the market opens on Friday, February 28, 2025. 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.
Positive
Seeking Alpha
2 months ago
Global Partners: The Preferred Units Are Better
Global Partners LP has substantial leverage and arguably unsustainable growth prospects. The preferred units offer a higher yield of 9% and lower risk compared to the common units. The company's high EBITDA multiple of 10x and increased leverage suggest a fully priced valuation.
Positive
Zacks Investment Research
2 months ago
Global Partners (GLP) Soars 6.8%: Is Further Upside Left in the Stock?
Global Partners (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.
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