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Last $31.43 USD
Change Today +0.02 / 0.06%
Volume 86.7K
GLP On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

global partners lp (GLP) Snapshot

Open
$31.26
Previous Close
$31.41
Day High
$32.00
Day Low
$31.15
52 Week High
11/21/14 - $45.75
52 Week Low
12/16/14 - $30.45
Market Cap
1.1B
Average Volume 10 Days
141.5K
EPS TTM
$2.86
Shares Outstanding
34.0M
EX-Date
08/3/15
P/E TM
11.0x
Dividend
$2.77
Dividend Yield
8.56%
Current Stock Chart for GLOBAL PARTNERS LP (GLP)

global partners lp (GLP) Related Businessweek News

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global partners lp (GLP) Details

Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers in the New England states and New York. It operates in three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to branded and unbranded gasoline customers and other resellers of transportation fuels. It also offers home heating oil, diesel, kerosene, residual oil, and propane to home heating oil and propane retailers and wholesale distributors; and aggregates crude oil in the mid-continent region of the United States and Canada and offers to refiners on the East and West Coasts. The Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and other sub-jobbers; operates gasoline stations and convenience stores; and provides car wash and other ancillary services, as well as leases gasoline stations. As of March 31, 2015, this segment had a portfolio of 1,447 owned, leased, and/or supplied gasoline stations, including 287 convenience stores, primarily in the Northeast. The Commercial segment sells and deliveries unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas to end user customers in the public sector, as well as to large commercial and industrial end users; and sells custom blended fuels. The company also owns, leases, or maintains 25 refined petroleum product bulk terminals with a collective storage capacity of 11.7 million barrels. Global GP LLC serves as the general partner of the company. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

Founded in 2005

global partners lp (GLP) Top Compensated Officers

Chief Executive Officer of Global GP LLC, Pre...
Total Annual Compensation: $1.4M
Chief Financial Officer of Global GP LLC
Total Annual Compensation: $600.0K
Chief Operating Officer of Global GP LLC
Total Annual Compensation: $1.0M
Executive Vice President of Global GP LLC, Pr...
Total Annual Compensation: $625.0K
Executive Vice President of Global GP LLC, Ge...
Total Annual Compensation: $776.0K
Compensation as of Fiscal Year 2014.

global partners lp (GLP) Key Developments

Global Partners LP Reports Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for 2015

Global Partners LP reported earnings results for the first quarter of 2015. For the quarter, the company reported sales at $3.0 billion against $5.1 billion in the prior year period. The decline was driven by primarily due to lower commodity prices. Net income attributable to Global Partners was $30.4 million or $0.92 per diluted limited partner unit, compared with $57.0 million, or $2.03 per diluted limited partner unit, in first unit of 2014. EBITDA came in at $71.8 million against $86.5 million reported in first quarter of 2014. For fiscal 2015, the company expects EBITDA in the range of $205 million to $225 million, which does not include the proposed acquisition of the Capitol Petroleum portfolio.

Global Partners Announces Increased Quarterly Dividend, Payable on August 14, 2015

Global Partners LP said it is raising its quarterly cash distribution by 1.84% to $0.6925 per unit, payable on Aug. 14, 2015 to shareholders of record on Aug. 5, 2015.

Global Partners LP(NYSE:GLP) added to Alerian MLP Index

Global Partners LP has been added to Alerian MLP Index.

 

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GLP:US $31.43 USD +0.02

GLP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Crestwood Midstream Partners LP $9.40 USD -0.15
Ferrellgas Partners LP $20.59 USD -0.52
ONEOK Partners LP $31.44 USD +0.01
Star Gas Partners LP $9.00 USD -0.46
Sunoco Logistics Partners LP $36.58 USD -0.11
View Industry Companies
 

Industry Analysis

GLP

Industry Average

Valuation GLP Industry Range
Price/Earnings 10.9x
Price/Sales 0.1x
Price/Book 1.6x
Price/Cash Flow 10.6x
TEV/Sales NM Not Meaningful
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