GLP Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Global Partners LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$45.53 |
| 52 Week High | US$49.50 |
| 52 Week Low | US$27.07 |
| Beta | 1.36 |
| 1 Month Change | -3.82% |
| 3 Month Change | 3.93% |
| 1 Year Change | 49.72% |
| 3 Year Change | 108.95% |
| 5 Year Change | 134.45% |
| Change since IPO | 92.11% |
Recent News & Updates
Recent updates
Global Partners LP: 9 Straight Dividend Hikes, 6%-Plus Yield
Mar 31Global Partners: Consider Long-Term Trends
Jan 11Global Partners: Preferreds Up To 12% Yield, Is It Worth The Risk?
Dec 12Global Partners LP: Gas Fuels The Potential For Future Distribution Increases
Aug 14Global Partners: The 8.7% Yielding Stock, 7.0% Senior Notes Great For Income
Jun 02Global Partners Q4 Earnings Preview
Feb 24Global Partners declares $0.635 dividend, special distribution of $0.9375
Jan 25Global Partners LP: 8.2% And Sitting In The Cat-Bird Seat
Dec 08Global Partners Q3 Earnings Preview
Nov 03Global Partners raises dividend by 3.3% to $0.625
Oct 25Global Partners: 9.88% Dividend Yield And Acquisition Of Tidewater Convenience
Sep 27Global Partners Q2 Earnings Preview
Aug 04Global Partners declares $0.605 dividend
Jul 26Global Partners: 10% Dividend Oil Stock To Fuel Your Portfolio
Jul 14Your Global Partners Dividend Investment May Not Be As Safe As You Think
Mar 25Global Partners LP: 9% Yield, Strong Q3 Earnings, Estimates Rising
Jan 09Global Partners LP: 11% Yield, Pullback Buying Opportunity
Sep 17The Flash Crash Of Global Partners Shares
Aug 11Global Partners EPS misses by $0.15, misses on revenue
May 07Global Partners raises dividend by ~5%
Apr 26Shareholder Returns
| GLP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -3.3% | -3.3% | -3.7% |
| 1Y | 49.7% | 11.3% | 20.5% |
Return vs Industry: GLP exceeded the US Oil and Gas industry which returned 11.3% over the past year.
Return vs Market: GLP exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| GLP volatility | |
|---|---|
| GLP Average Weekly Movement | 4.7% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GLP has not had significant price volatility in the past 3 months.
Volatility Over Time: GLP's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 4,273 | Eric Slifka | www.globalp.com |
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.
Global Partners LP Fundamentals Summary
| GLP fundamental statistics | |
|---|---|
| Market cap | US$1.55b |
| Earnings (TTM) | US$128.04m |
| Revenue (TTM) | US$16.49b |
12.0x
P/E Ratio0.1x
P/S RatioIs GLP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GLP income statement (TTM) | |
|---|---|
| Revenue | US$16.49b |
| Cost of Revenue | US$15.47b |
| Gross Profit | US$1.02b |
| Other Expenses | US$890.50m |
| Earnings | US$128.04m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.78 |
| Gross Margin | 6.18% |
| Net Profit Margin | 0.78% |
| Debt/Equity Ratio | 159.6% |
How did GLP perform over the long term?
See historical performance and comparison