YOLFTbeta
Global Partners LP

Global Partners LP

GLP · NYSE · Energy / Oil & Gas Midstream

44.30USD+0.83 (+1.91%)

Price History

Full chart

Market Stats

Previous Close43.47
Open44.42
Day Range42.48 – 45.00
52-Week Range37.17 – 54.29
Volume130.00K
Market Cap1.62B
P/E (TTM)9.85
Forward P/E14.20
EPS4.86
Dividend Yield6.48%
Beta1.05
50-Day Avg50.15
200-Day Avg47.35

About

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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors. This segment transports the products by railcars, barges, trucks and/or pipelines. The GDSO segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates convenience stores and prepared food sales; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector; and sells custom blended fuels. The company is involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Eric S. Slifka
  • Employees3.27K
  • Headquarters800 South Street, Waltham, MA, United States, 02454-9161, USA
  • Websitehttps://www.globalp.com

Leadership

  • Mr. Eric S. SlifkaPresident, CEO & Chairman of Global GP LLC · b. 1966
  • Mr. Gregory B. HansonChief Financial Officer · b. 1978
  • Mr. Mark A. RomaineChief Operating Officer · b. 1969
  • Mr. Matthew SpencerChief Accounting Officer · b. 1979
  • Mr. Scott SolomonSenior Vice President of Investor Relations
  • Ms. Kristin SeabrookChief Legal Officer & Secretary · b. 1977
  • Ms. Catie KernsChief Strategy & Transformation Officer
  • Philip SegaloffSenior Associate General Counsel

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.75B1.59B2.48B3.19B1.25B4.47B6.76B9.02B5.82B7.80B14.84B17.63B19.59B17.27B10.31B8.24B8.92B12.67B13.08B8.32B13.25B18.88B16.49B17.16B18.56B
Growth (%)--9.10%+55.48%+28.61%-60.82%+258.11%+51.10%+33.46%-35.49%+34.08%+90.16%+18.81%+11.14%-11.84%-40.27%-20.12%+8.26%+42.06%+3.23%-36.39%+59.20%+42.49%-12.64%+4.07%+8.14%
Cost of Revenue1.69B1.54B2.41B3.11B1.22B4.36B6.63B8.90B5.67B7.63B14.63B17.29B19.18B16.73B9.72B7.69B8.34B12.02B12.42B7.60B12.53B17.78B15.52B16.11B18.07B
Gross Profit62.50M55.20M67.10M75.87M28.91M113.23M126.98M119.79M149.83M166.72M209.60M333.49M405.83M542.61M597.67M546.49M583.05M650.41M662.76M721.14M719.26M1.10B973.64M1.06B491.62M
Gross Margin3.56%3.46%2.71%2.38%2.31%2.53%1.88%1.33%2.58%2.14%1.41%1.89%2.07%3.14%5.79%6.63%6.54%5.13%5.07%8.67%5.43%5.81%5.90%6.16%2.65%
Operating Expense42.60M45.20M49.10M57.82M15.83M66.71M75.49M76.72M99.08M117.37M158.97M248.90M320.42M376.90M482.95M698.74M463.27M453.24M523.55M528.87M577.04M637.36M729.87M806.67M300.34M
Operating Income19.90M10.00M18.00M18.05M13.08M46.51M51.49M43.07M50.75M49.35M50.63M84.59M85.41M165.71M114.72M-152.25M119.78M197.17M139.21M192.27M142.22M460.29M243.77M251.22M191.28M
Operating Margin1.13%0.63%0.73%0.57%1.05%1.04%0.76%0.48%0.87%0.63%0.34%0.48%0.44%0.96%1.11%-1.85%1.34%1.56%1.06%2.31%1.07%2.44%1.48%1.46%1.03%
EBITDA35.70M10.00M18.00M21.28M14.03M46.51M51.49M43.01M53.74M69.43M85.71M130.05M161.27M252.07M114.72M-42.11M225.44M304.01M234.32M285.24M244.46M565.08M356.36M389.39M378.79M
EBITDA Margin2.04%0.63%0.73%0.67%1.12%1.04%0.76%0.48%0.92%0.89%0.58%0.74%0.82%1.46%1.11%-0.51%2.53%2.40%1.79%3.43%1.85%2.99%2.16%2.27%2.04%
Net Income20.60M6.00M16.00M17.31M9.41M33.46M47.01M21.05M33.34M27.04M19.35M46.74M42.62M114.71M43.56M-199.41M58.75M103.91M35.87M102.21M60.80M362.21M152.51M107.69M79.22M
Net Income Margin1.17%0.38%0.65%0.54%0.75%0.75%0.70%0.23%0.57%0.35%0.13%0.27%0.22%0.66%0.42%-2.42%0.66%0.82%0.27%1.23%0.46%1.92%0.92%0.63%0.43%
R&D----------00000000-------
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense3.00M2.20M2.00M4.70M2.69M11.90M17.41M20.80M15.19M22.31M31.21M36.27M43.54M47.76M73.33M86.32M86.23M89.14M89.86M83.54M80.09M81.26M85.63M134.77M137.16M
Interest Expense % of Total Revenue0.17%0.14%0.08%0.15%0.22%0.27%0.26%0.23%0.26%0.29%0.21%0.21%0.22%0.28%0.71%1.05%0.97%0.70%0.69%1.00%0.60%0.43%0.52%0.79%0.74%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets201.00M230.70M261.70M392.96M554.76M638.89M1.16B889.26M1.05B1.67B1.87B2.33B2.43B2.04B2.66B2.56B2.32B2.42B2.90B2.61B2.83B3.16B3.45B3.79B3.85B
Total Liabilities86.00K230.70M261.70M369.80M478.45M535.65M998.88M745.79M895.28M1.40B1.55B1.89B1.96B1.40B1.97B2.17B1.93B1.93B2.44B2.12B2.30B2.37B2.65B3.07B3.18B
Total Equity200.91M0023.16M76.31M103.24M160.35M143.47M157.42M-13.76M315.29M436.46M415.24M586.94M647.79M392.65M390.95M-5.26M460.69M497.67M527.77M788.44M798.83M713.52M671.97M
Cash1.20M600.00K3.50M3.31M1.77M3.86M2.11M945.00K662.00K17.86M4.33M5.98M9.22M5.24M1.12M10.03M14.86M8.12M12.04M9.71M10.85M4.04M19.64M8.21M12.24M
Total Debt---193.03M184.66M272.26M496.24M433.50M462.60M786.70M793.90M846.50M913.67M602.64M1.26B1.45B1.23B1.29B1.66B1.49B1.57B1.43B1.54B2.03B2.08B
Net Debt-1.20M-600.00K-3.50M189.73M182.89M268.40M494.13M432.56M461.94M768.84M789.57M840.52M904.45M597.40M1.26B1.44B1.22B1.28B1.65B1.48B1.56B1.43B1.52B2.02B2.06B

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow27.40M27.60M38.60M-81.95M-34.06M-54.48M-115.05M99.22M-61.13M-87.19M-17.36M232.45M255.15M344.90M62.51M-119.89M348.44M168.86M94.40M312.53M50.22M480.00M512.44M31.60M284.80M
Investing Cash Flow1.20M-3.30M-2.20M-1.17M-748.00K-12.44M-136.46M-11.51M-9.06M-263.00M-13.37M-226.49M-243.21M-91.09M-649.76M6.45M-61.64M-225.72M-67.21M-69.73M-115.05M-236.19M-492.38M-276.87M-100.97M
Financing Cash Flow-31.20M-24.90M-33.60M82.97M31.44M69.01M249.76M-88.88M69.91M351.89M32.69M-4.32M-8.70M-257.79M583.14M122.35M-281.97M50.13M-23.27M-245.13M65.97M-250.61M-4.46M233.84M-179.80M
Capital Expenditure03.30M2.20M2.03M760.00K5.92M13.72M11.52M9.07M14.69M15.96M44.87M67.13M95.11M92.92M71.28M49.87M69.17M82.86M76.33M101.72M106.80M402.02M318.38M91.47M
Free Cash Flow27.40M24.30M36.40M-83.98M-34.82M-60.39M-128.76M87.70M-70.20M-101.88M-33.31M187.58M188.01M249.79M-30.42M-191.16M298.58M99.68M11.54M236.19M-51.50M373.20M110.42M-286.78M193.34M
Dividends Paid--5.99M16.04M57.15M19.79M23.32M26.14M26.05M31.96M42.80M54.67M67.33M73.76M97.50M62.52M62.66M66.00M76.63M71.36M91.92M100.45M144.72M121.61M126.64M
FCF to OCF100.00%88.04%94.30%102.47%102.23%110.86%111.93%88.39%114.85%116.84%191.93%80.70%73.69%72.42%-48.67%159.46%85.69%59.03%12.22%75.58%-102.55%77.75%21.55%-907.54%67.88%
Dividend Paid to FCF--16.45%-19.10%-164.11%-32.77%-18.11%29.80%-37.11%-31.37%-128.47%29.14%35.81%29.53%-320.51%-32.70%20.99%66.21%664.12%30.21%-178.49%26.92%131.06%-42.40%65.50%

Earnings

Report DateNov 14, 2005Feb 28, 2006May 11, 2006Aug 10, 2006Nov 9, 2006Mar 15, 2007May 10, 2007Aug 8, 2007Nov 8, 2007Mar 13, 2008May 8, 2008Aug 7, 2008Nov 6, 2008Mar 12, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Mar 11, 2010May 6, 2010Aug 5, 2010Nov 4, 2010Mar 10, 2011May 5, 2011Aug 4, 2011Nov 3, 2011Mar 8, 2012May 8, 2012Aug 8, 2012Nov 8, 2012Mar 14, 2013May 9, 2013Aug 8, 2013Nov 7, 2013Mar 31, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Mar 12, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 29, 2016May 9, 2016Aug 8, 2016Nov 7, 2016Mar 9, 2017May 9, 2017Aug 9, 2017Nov 8, 2017Mar 8, 2018May 9, 2018Aug 9, 2018Nov 8, 2018Mar 7, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Mar 6, 2020May 8, 2020Aug 6, 2020Nov 5, 2020Mar 5, 2021May 7, 2021Aug 6, 2021Nov 5, 2021Feb 28, 2022May 6, 2022Aug 5, 2022Nov 4, 2022Feb 27, 2023May 5, 2023Aug 4, 2023Nov 9, 2023Feb 28, 2024May 8, 2024Aug 7, 2024Nov 8, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 7, 2025Feb 27, 2026May 8, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate-0.040.891.07-0.070.040.981.290.200.250.890.55-0.110.730.810.020.170.801.430.16-0.100.530.45-0.08-0.110.390.310.160.360.500.450.760.380.480.550.010.080.460.570.250.48-0.10-0.19-0.10-0.03-1.350.090.060.160.160.240.120.290.060.180.120.22-0.170.12-0.580.15-0.17-0.060.520.640.23-0.111.211.331.400.651.280.690.960.101.501.570.24-0.030.601.090.960.331.241.48
EPS Actual-0.360.851.100.300.540.971.600.040.190.720.63-0.090.080.781.400.070.150.801.06-0.070.030.320.39-0.040.160.450.110.660.240.810.510.290.091.202.03-0.501.500.930.920.150.16-0.07-0.05-0.151.090.460.330.120.520.200.230.28-0.501.470.150.330.74-0.110.052.190.500.06-0.200.230.860.440.764.613.121.540.701.050.601.41-0.371.101.170.520.360.550.660.541.851.86-
Surprise-800.00%-4.49%2.80%528.57%1250.00%-1.02%24.03%-80.00%-24.00%-19.10%14.55%--27.27%6.85%72.84%250.00%-11.76%0.00%-25.87%-143.75%130.00%-39.62%-13.33%50.00%245.45%15.38%-64.52%312.50%-33.33%62.00%13.33%-61.84%-76.32%150.00%269.09%-5100.00%1775.00%102.17%61.40%-40.00%-66.67%30.00%73.68%-50.00%3733.33%134.07%266.67%100.00%225.00%25.00%-4.17%133.33%-272.41%2350.00%-16.67%175.00%236.36%35.29%-58.33%477.59%233.33%135.29%-233.33%-55.77%34.38%91.30%790.91%280.99%134.59%10.00%7.69%-17.97%-13.04%46.88%-470.00%-26.67%-25.48%116.67%1300.00%-8.33%-39.45%-43.75%460.61%50.00%-
TimingPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.62B
Enterprise Value3.61B
Trailing P/E9.85
Forward P/E14.20
PEG Ratio6.18
Price / Sales0.08
Price / Book2.18
EPS4.86
Book Value19.84
Revenue (TTM)21.46B
Gross Profit (TTM)1.25B
EBITDA470.53M
Profit Margin0.81%
Operating Margin1.59%
Return on Equity27.21%
Return on Assets5.25%
Shares Outstanding33.85M
Shares Float27.41M
Beta1.05
Dividend Yield6.48%
Dividend Rate3.12
Payout Ratio62.32%

Analyst Ratings

Hold
Based on 2 analystsTarget 45.00
  • Hold
    2

Ownership Breakdown

Institutions
51.60%
Insiders
30.16%
Retail / Other
18.24%

Top Institutional Holders

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  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    2.04M6.02%
  • Pallas Capital Advisors LLC
    1.73M5.11%
  • The Goldman Sachs Group Inc
    635.29K1.88%
  • JPMorgan Chase & Co
    514.42K1.52%
  • Morgan Stanley - Brokerage Accounts
    511.51K1.51%
  • Hartree Partners, LP
    441.75K1.31%
  • Kayne Anderson Capital Advisors LP
    285.48K0.84%
  • Blackstone Inc
    240.72K0.71%
  • Fractal Investments LLC
    195.23K0.58%
  • Royal Bank of Canada
    177.16K0.52%
  • UBS Group AG
    160.39K0.47%
  • Citadel Advisors Llc
    132.93K0.39%

Top Fund Holders

  • Alerian MLP ETF
    6.01M17.74%
  • Global X MLP ETF
    1.94M5.72%
  • Invesco SteelPath MLP Income Y
    1.27M3.76%
  • Invesco SteelPath MLP Select 40 Y
    911.40K2.69%
  • Goldman Sachs MLP Energy Infras Instl
    527.50K1.56%
  • Global X SuperDividend™ US ETF
    324.15K0.96%

Dividends

20264×
0.79Nov 9, 20260.78Aug 10, 20260.77May 11, 20260.76Feb 9, 2026
20254×
0.76Nov 10, 20250.75Aug 8, 20250.74May 9, 20250.74Feb 10, 2025
20244×
0.73Nov 8, 20240.72Aug 8, 20240.71May 8, 20240.70Feb 7, 2024
20235×
0.69Nov 7, 20230.68Aug 7, 20230.66May 8, 20230.61Apr 28, 20230.64Feb 7, 2023
20225×
0.63Nov 7, 20220.60Aug 5, 20220.59May 6, 20220.58Feb 7, 20220.94Jan 7, 2022
20212×
0.57Nov 5, 20210.57Aug 6, 2021