Global Partners LP Stock (NYSE:GLP)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$46.70

52W Range

$30.00 - $50.85

50D Avg

$45.39

200D Avg

$45.10

Market Cap

$1.63B

Avg Vol (3M)

$65.01K

Beta

1.37

Div Yield

$2.92 (5.86%)

GLP 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. 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. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distributors. It 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. The company's 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. Its 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, 2021, the company had a portfolio of 1,595 owned, leased, and supplied gasoline stations, which included 295 directly operated convenience stores; and owned, leased, or maintained storage facilities at 26 bulk terminals with a collective storage capacity of 11.9 million barrels. Global GP LLC serves as the general partner of the company. The company was incorporated in 2005 and is based in Waltham, Massachusetts.

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Industry

Oil & Gas Midstream

Sector

Energy

Exchange

NYSE

ADR

-

Country

US

Employees

3,485

IPO Date

Sep 29, 2005

Website

GLP Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21Dec 20
Wholesale$7.19B--
GDSO$79.37M$75.10M-
Commercial$460.50M--
Commercial Segment-$349.62M$324.42M
Wholesale Segment-$5.24B$3.31B
Gasoline Distribution And Station Operations Segment--$71.05M

Fiscal year ends in Dec 23 | Currency in USD

GLP Financial Summary


Dec 23Dec 22Dec 21
Revenue$32.01B$18.88B$13.25B
Operating Income$243.77M$460.29M$142.22M
Net Income$128.04M$362.21M$60.80M
EBITDA$243.77M$389.27M$152.80M
Basic EPS$3.76$10.06$1.77
Diluted EPS$3.76$10.02$1.77

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 07, 24 | 12:03 PM
Q1 24May 08, 24 | 12:00 AM
Q4 23Feb 28, 24 | 12:01 PM

Peer Comparison


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