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    Global Partners LP (GLP)

    12.71 Down 0.60(4.51%) Feb 12, 4:02PM EST
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    Global Partners LP
    800 South Street
    Suite 200
    Waltham, MA 02454-9161
    United States - Map
    Phone: 781-894-8800
    Website: http://www.globalp.com

    Index Membership:N/A
    Industry:Basic Materials Wholesale
    Full Time Employees:N/A

    Business Summary 

    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.

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    Key Executives 
    Mr. Eric Slifka , 51
    Chief Exec. Officer of Global GP LLC, Pres of Global GP LLC and Director of Global GP LLC
    Ms. Daphne H. Foster , 58
    Chief Financial Officer of Global Gp Llc
    Mr. Mark A. Romaine , 47
    Chief Operating Officer of Global GP LLC
    Mr. Charles A. Rudinsky , 68
    Chief Accounting Officer of Global GP LLC, Exec. VP of Global GP LLC and Co-Director of Mergers & Acquisitions - Global GP LLC
    Mr. Edward J. Faneuil , 63
    Exec. VP of Global GP LLC, Gen. Counsel of Global GP LLC and Sec. of Global GP LLC
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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