Global Partners LP (GLP)

NYSE
Currency in USD
Disclaimer
33.15
+0.58(+1.78%)
Closed
After Hours
33.79+0.64(+1.93%)
High dividend Yield
Day's Range
32.5633.45
52 wk Range
24.4339.24
Prev. Close
32.57
Open
32.57
Day's Range
32.56-33.45
52 wk Range
24.43-39.24
Volume
47,203
Average Vol. (3m)
66,324
1-Year Change
33.78%
Shares Outstanding
34,216,075
Analysts
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
40.00
Upside +20.66%

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Global Partners LP Company Profile

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, Mid-Atlantic region, and New York. It 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. The company’s Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil, and propane to home heating oil retailers and wholesale distributors. This segment 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. Its 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. The company’s Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. As of December 31, 2022, it had a portfolio of 1,673 owned, leased, and supplied gasoline stations, which included 353 directly operated convenience stores; and owned, leased, or maintained storage facilities at 24 bulk terminals with a collective storage capacity of 10 million barrels. The company serves as the general partner of the company. Global Partners LP was incorporated in 2005 and is based in Waltham, Massachusetts.

Industry
Oil & Gas
Sector
Energy
Employees
3585

Income Statement