Global Partners (GLP) to Release Earnings on Thursday

Key Points

• Global Partners (GLP) is set to release its Q2 2025 earnings on August 7, expecting earnings of $0.60 per share and revenue of $5.98 billion.
• The company announced a quarterly dividend of $0.75 per share, representing a 5.74% yield and an increase from the previous quarter.
• Recent insider activity saw COO Mark Romaine selling over 7,000 shares, representing a 4.52% decrease in his holdings.

Global Partners (NYSE:GLP - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $5.98 billion for the quarter.

Global Partners (NYSE:GLP - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The energy company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.39. The firm had revenue of $4.59 billion for the quarter, compared to analyst estimates of $5.64 billion. Global Partners had a net margin of 0.76% and a return on equity of 21.10%. On average, analysts expect Global Partners to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Global Partners Stock Performance

GLP traded down $0.63 during trading on Friday, hitting $51.87. The stock had a trading volume of 23,517 shares, compared to its average volume of 27,042. The firm has a market capitalization of $1.76 billion, a P/E ratio of 16.47 and a beta of 1.02. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.68 and a current ratio of 1.17. Global Partners has a twelve month low of $37.00 and a twelve month high of $60.00. The company's 50-day moving average price is $52.79 and its 200 day moving average price is $52.88.

Global Partners Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Friday, August 8th will be issued a dividend of $0.75 per share. This is an increase from Global Partners's previous quarterly dividend of $0.75. This represents a $3.00 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Friday, August 8th. Global Partners's dividend payout ratio is currently 94.60%.

Insider Buying and Selling

In other Global Partners news, COO Mark Romaine sold 1,881 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $51.68, for a total transaction of $97,210.08. Following the transaction, the chief operating officer owned 148,531 shares in the company, valued at approximately $7,676,082.08. The trade was a 1.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold a total of 18,000 shares of company stock valued at $944,221 in the last three months. 41.50% of the stock is owned by company insiders.

Institutional Trading of Global Partners

An institutional investor recently bought a new position in Global Partners stock. Jane Street Group LLC bought a new position in shares of Global Partners LP (NYSE:GLP - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 16,155 shares of the energy company's stock, valued at approximately $862,000. 38.12% of the stock is currently owned by institutional investors.

Global Partners 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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial.