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NYSE:GLP

Global Partners (GLP) Stock Price, News & Analysis

$42.26
+0.11 (+0.26%)
(As of 09/6/2024 ET)
Today's Range
$41.95
$43.27
50-Day Range
$37.30
$45.99
52-Week Range
$27.07
$50.85
Volume
74,104 shs
Average Volume
109,538 shs
Market Capitalization
$1.43 billion
P/E Ratio
15.71
Dividend Yield
6.81%
Price Target
$51.00

Global Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.7% Upside
$51.00 Price Target
Short Interest
Healthy
2.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.11mentions of Global Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$2.14 M Bought Last Quarter
Proj. Earnings Growth
16.93%
From $3.19 to $3.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.19 out of 5 stars

Oils/Energy Sector

132nd out of 239 stocks

Petroleum Bulk Stations & Terminals Industry

1st out of 2 stocks

GLP stock logo

About Global Partners Stock (NYSE:GLP)

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, and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to home heating oil and propane retailers and wholesale distributors. This segment also transports the products by railcars, barges, trucks and/or pipelines. 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 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. The company 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. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

GLP Stock Price History

GLP Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Global Partners LP (NYSE:GLP) Insider Acquires $338,100.00 in Stock
Global Partners LP Preferred Series B (GLP_pb)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Ex-Dividend for 8/14 Dividend
8/08/2024
Dividend Payable
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum bulk stations & terminals
Sub-Industry
Wholesale
Employees
5,060
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$51.00
High Stock Price Target
$51.00
Low Stock Price Target
$51.00
Potential Upside/Downside
+20.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$142.60 million
Pretax Margin
0.77%

Debt

Sales & Book Value

Annual Sales
$17.19 billion
Cash Flow
$7.43 per share
Book Value
$19.52 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.43 billion
Optionable
Optionable
Beta
1.38
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Key Executives

  • Mr. Eric S. Slifka (Age 58)
    President, CEO & Vice Chairman of Global GP LLC
    Comp: $9.08M
  • Mr. Gregory B. Hanson (Age 46)
    Chief Financial Officer of Global GP LLC
    Comp: $2.19M
  • Mr. Mark A. Romaine (Age 55)
    Chief Operating Officer of Global GP LLC
    Comp: $3.87M
  • Mr. Matthew Spencer (Age 45)
    Chief Accounting Officer of Global GP LLC
    Comp: $1.58M
  • Mr. Sean T. Geary (Age 56)
    Chief Legal Officer & Secretary
    Comp: $1.72M
  • Lorraine Spadaro
    Chief Information Officer
  • Mr. Scott Solomon
    Vice President of Investor Relations
  • Catie Kerns
    VP of Communications & SVP of Corporate Affairs
  • Ms. Maura McDonough
    Chief People Officer
  • Philip Segaloff
    Senior Associate General Counsel

GLP Stock Analysis - Frequently Asked Questions

How have GLP shares performed this year?

Global Partners' stock was trading at $42.31 on January 1st, 2024. Since then, GLP shares have decreased by 0.1% and is now trading at $42.26.
View the best growth stocks for 2024 here
.

How were Global Partners' earnings last quarter?

Global Partners LP (NYSE:GLP) announced its earnings results on Wednesday, August, 7th. The energy company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.50 by $0.40. The energy company had revenue of $4.41 billion for the quarter, compared to analysts' expectations of $5.51 billion. Global Partners had a net margin of 0.71% and a trailing twelve-month return on equity of 19.21%.

What is Eric Slifka's approval rating as Global Partners' CEO?

55 employees have rated Global Partners Chief Executive Officer Eric Slifka on Glassdoor.com. Eric Slifka has an approval rating of 83% among the company's employees.

Who are Global Partners' major shareholders?

Top institutional shareholders of Global Partners include Granite Bay Wealth Management LLC, Proficio Capital Partners LLC, Cascade Investment Group Inc. and Cambridge Investment Research Advisors Inc.. Insiders that own company stock include Global Gp Llc, Jaime Pereira, Clare Mcgrory Kelly and Jeremy Langhorn.
View institutional ownership trends
.

How do I buy shares of Global Partners?

Shares of GLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Global Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), Omega Healthcare Investors (OHI) and Annaly Capital Management (NLY).

This page (NYSE:GLP) was last updated on 9/7/2024 by MarketBeat.com Staff

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