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    Global Partners LP (GLP)

    39.46 Down 0.44(1.10%) 12:33PM EST - NYSE Real Time Price
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    Global Partners LP
    800 South Street
    Suite 200
    Waltham, MA 02454
    United States - Map
    Phone: 781-894-8800
    Website: http://www.globalp.com

    Index Membership:N/A
    Industry:Basic Materials Wholesale
    Full Time Employees:943

    Business Summary 

    Global Partners LP distributes gasoline, distillates, residual oil, renewable fuels, crude oil, natural gas, and propane 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 unbranded gasoline blendstocks, such as ethanol and naphtha, as well as diesel to unbranded gasoline customers and other resellers of transportation fuels; home heating oil, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distributors; and crude oil to refiners. The Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline stations 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 December 31, 2013, this segment had a portfolio of approximately 900 owned, leased, and/or supplied gasoline stations primarily in the Northeast. The Commercial segment sells and deliveries unbranded gasoline, home heating oil, diesel, kerosene, residual oil, renewable fuels, and natural gas to end user customers in the public sector, and to large commercial and industrial end users, as well as sells custom blended distillates and residual oil. This segment serves federal and state agencies, municipalities, industrial companies, transportation authorities, water resource authorities, colleges and universities, and small utilities. As of December 31, 2013, the company owned, leased, or maintained 26 refined petroleum product bulk terminals with the capacity of approximately 50,000 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 , 50
    Chief Exec. Officer of Global GP LLC, Pres of Global GP LLC and Director of Global GP LLC
    Ms. Daphne H. Foster , 57
    Chief Financial Officer of Global Gp Llc
    Mr. Mark Romaine , 46
    Chief Operating Officer of Global Gp Llc
    Mr. Charles A. Rudinsky , 67
    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 , 62
    Exec. VP of Global GP LLC, Gen. Counsel of Global GP LLC and Sec. of Global GP LLC
    Amounts are as of Dec 31, 2013 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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