GLP - Global Partners LP

NYSE - NYSE Delayed Price. Currency in USD
19.23
+0.28 (+1.48%)
At close: 4:02PM EDT
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Previous Close18.95
Open18.95
Bid17.62 x 800
Ask19.21 x 1200
Day's Range18.80 - 19.28
52 Week Range13.63 - 21.62
Volume69,379
Avg. Volume83,919
Market Cap649.109M
Beta (3Y Monthly)0.45
PE Ratio (TTM)12.46
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.06 (10.87%)
Ex-Dividend Date2019-08-08
1y Target EstN/A
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All
News
Press Releases
  • Business Wire

    Global Partners Reports Second-Quarter 2019 Financial Results

    Global Partners LP today reported financial results for the second quarter ended June 30, 2019.

  • Business Wire

    Global Partners LP Announces Expiration and Results of Its Cash Tender Offer for Any and All of Its Outstanding 6.25% Senior Notes Due 2022

    Global Partners LP (GLP) (“Global”) announced today that the cash tender offer (the “Offer”) commenced on July 22, 2019 to purchase any and all of the outstanding 6.25% Senior Notes due 2022 (the “Notes”), co-issued by Global and GLP Finance Corp., a wholly owned subsidiary of Global (together with Global, the “Issuers”), expired at 5:00 p.m. New York City Time on July 30, 2019 (the “Expiration Time”). According to D.F. King & Co., Inc., the tender agent for the offer, valid tenders had been received at the expiration of the offer in the amount and percentage set forth in the table below. Global will apply part of the proceeds from the issuance of $400 million aggregate principal amount of the Issuers’ 7.00% Senior Notes due 2027 (the “New Notes”), which is expected to close today, to the payment for all Notes to be purchased in the Offer.

  • Business Wire

    Global Partners Declares Increased Cash Distribution on Common Units for the Second Quarter of 2019

    Global Partners LP (GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.5150 per unit ($2.06 per unit on an annualized basis) on all of its outstanding common units for the period from April 1 to June 30, 2019. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. With approximately 1,600 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores.

  • Business Wire

    Global Partners LP to Host Second-Quarter 2019 Financial Results Conference Call on August 8

    Global Partners LP today announced that it will release its second-quarter 2019 financial results before the market opens on Thursday, August 8, 2019 and host a conference call that morning for investors and analysts.

  • Business Wire

    Global Partners LP Announces Pricing of Private Offering of Senior Notes

    Global intends to use the net proceeds from the offering to fund the purchase of its 6.25% senior notes due 2022 (the “2022 Notes”) in a tender offer (the “Tender Offer”) and to repay a portion of the borrowings outstanding under its credit agreement. The Tender Offer is being made pursuant to an Offer to Purchase, dated July 22, 2019. To the extent the Tender Offer is not consummated or there are remaining net proceeds following the consummation of the Tender Offer, any such remaining net proceeds will be used to redeem the 2022 Notes not purchased in the Tender Offer.

  • Business Wire

    Global Partners Announces Series A Preferred Unit Distribution

    Global Partners LP (GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from May 15, 2019 through August 14, 2019. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. With approximately 1,600 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores.

  • Business Wire

    Global Partners LP Announces Cash Tender Offer for Any and All Outstanding 6.25% Senior Notes Due 2022

    Global Partners LP (GLP) (“Global”) announced today that it has commenced a cash tender offer (the “offer”) to purchase any and all of the outstanding 6.25% Senior Notes due 2022 (the “notes”), co-issued by Global and GLP Finance Corp. (“GLP Finance”), a wholly owned subsidiary of Global. The offer is made pursuant to an Offer to Purchase, a related Letter of Transmittal and a related Notice of Guaranteed Delivery, each dated July 22, 2019, which set forth the complete terms and conditions of the offer.

  • Business Wire

    Global Partners LP Announces Private Offering of Senior Notes

    Global intends to use the net proceeds from the offering of the Senior Notes to fund the purchase of its 6.25% senior notes due 2022 (the “2022 Notes”) in a tender offer (the “Tender Offer”) and to repay a portion of the borrowings outstanding under its credit agreement. The Tender Offer is being made pursuant to an Offer to Purchase, dated July 22, 2019. To the extent the Tender Offer is not consummated or there are remaining net proceeds following the consummation of the Tender Offer, any such remaining net proceeds will be used to redeem the 2022 Notes not purchased in the Tender Offer.

  • Business Wire

    Global Partners Reports First-Quarter 2019 Financial Results

    Global Partners LP today reported financial results for the first quarter ended March 31, 2019.

  • Business Wire

    Global Partners Declares Increased Cash Distribution on Common Units for the First Quarter of 2019

    Global Partners LP (GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.51 per unit ($2.04 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2019. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. With approximately 1,600 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores.

  • Business Wire

    Global Partners LP to Host First-Quarter 2019 Financial Results Conference Call on May 9

    Global Partners LP today announced that it will release its first-quarter 2019 financial results before the market opens on Thursday, May 9, 2019 and host a conference call that morning for investors and analysts.

  • Business Wire

    Global Partners LP Files 2018 Annual Report on Form 10-K

    Global Partners LP (GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2018 was filed with the Securities and Exchange Commission on March 8, 2019. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded on the Partnership’s website at www.globalp.com or from the SEC’s website at www.sec.gov. A hard copy of the Partnership’s complete audited financial statements also can be obtained free of charge by contacting the Global Partners Investor Relations department at (617) 542-5300 or emailing GLP@investorrelations.com.

  • Business Wire

    Global Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results

    Global Partners LP today reported financial results for the fourth quarter and full year ended December 31, 2018.

  • Business Wire

    Global Partners LP to Host Fourth-Quarter 2018 Financial Results Conference Call on March 7

    Global Partners LP today announced that it will release its fourth-quarter 2018 financial results before the market opens on Thursday, March 7, 2019 and host a conference call that morning for investors and analysts.

  • Business Wire

    Global Partners Declares Increased Cash Distribution on Common Units for the Fourth Quarter of 2018

    Global Partners LP (GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.50 per unit ($2.00 per unit on an annualized basis) on all of its outstanding common units for the period from October 1 to December 31, 2018. The distribution to be paid in February 2019 represents an increase of 5.26% over the quarterly distribution of $0.4750 per unit paid in November 2018. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

  • GlobeNewswire

    Market Trends Toward New Normal in Global Partners LP, Synacor, Heico, InterXion Holding N.V, Fly Leasing, and The Estée Lauder Companies — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Nov. 16, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Business Wire

    Global Partners Reports Third-Quarter 2018 Financial Results

    Global Partners LP today reported financial results for the third quarter ended September 30, 2018.

  • Business Wire

    Global Partners Declares Third-Quarter 2018 Cash Distribution of $0.4750 on Common Units

    Global Partners LP (GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4750 per unit ($1.90 per unit on an annualized basis) on all of its outstanding common units for the period from July 1 to September 30, 2018. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Global Partners is a midstream logistics and marketing master limited partnership that owns, controls or has access to one of the largest terminal networks of petroleum products and renewable fuels in the Northeast.

  • Business Wire

    Global Partners LP to Host Third-Quarter 2018 Financial Results Conference Call on November 8

    Global Partners LP today announced that it will release its third-quarter 2018 financial results before the market opens on Thursday, November 8, 2018 and host a conference call that morning for investors and analysts.