NYSE:GLP - Global Partners Stock Price, News & Analysis

$19.23
+0.28 (+1.48 %)
(As of 08/18/2019 03:22 AM ET)
Today's Range
$18.68
Now: $19.23
$19.28
50-Day Range
$18.75
MA: $19.97
$20.41
52-Week Range
$13.63
Now: $19.23
$21.62
Volume69,400 shs
Average Volume80,813 shs
Market Capitalization$653.82 million
P/E Ratio11.12
Dividend Yield10.77%
Beta0.87
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 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. Read More…

Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone781-894-8800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.67 billion
Cash Flow$5.1833 per share
Book Value$12.32 per share

Profitability

Net Income$102.87 million

Miscellaneous

Employees2,500
Market Cap$653.82 million
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Global Partners (NYSE:GLP) Frequently Asked Questions

What is Global Partners' stock symbol?

Global Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLP."

How often does Global Partners pay dividends? What is the dividend yield for Global Partners?

Global Partners declared a quarterly dividend on Friday, July 26th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.515 per share on Wednesday, August 14th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Global Partners's previous quarterly dividend of $0.51. View Global Partners' Dividend History.

How were Global Partners' earnings last quarter?

Global Partners LP (NYSE:GLP) posted its earnings results on Thursday, August, 8th. The energy company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.28. The energy company had revenue of $3.51 billion for the quarter, compared to analyst estimates of $2.98 billion. Global Partners had a net margin of 0.45% and a return on equity of 14.37%. View Global Partners' Earnings History.

When is Global Partners' next earnings date?

Global Partners is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Global Partners.

What price target have analysts set for GLP?

2 equities research analysts have issued twelve-month target prices for Global Partners' stock. Their predictions range from $18.00 to $20.00. On average, they anticipate Global Partners' share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Global Partners.

What is the consensus analysts' recommendation for Global Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Partners in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Global Partners.

Has Global Partners been receiving favorable news coverage?

Media coverage about GLP stock has been trending negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Partners earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave news coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Global Partners.

Are investors shorting Global Partners?

Global Partners saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 61,400 shares, an increase of 16.3% from the June 30th total of 52,800 shares. Based on an average daily trading volume, of 87,900 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short. View Global Partners' Current Options Chain.

Who are some of Global Partners' key competitors?

What other stocks do shareholders of Global Partners own?

Who are Global Partners' key executives?

Global Partners' management team includes the folowing people:
  • Mr. Eric S. Slifka, Pres, CEO & Vice Chairman of Global GP LLC (Age 53)
  • Ms. Daphne H. Foster, CFO & Director of Global GP LLC (Age 61)
  • Mr. Mark A. Romaine, Chief Operating Officer of Global GP LLC (Age 50)
  • Mr. Matthew Spencer, Chief Accounting Officer of Global GP LLC (Age 42)
  • Mr. Edward J. Faneuil, Exec. VP, Gen. Counsel & Sec. of Global GP LLC (Age 66)

Who are Global Partners' major shareholders?

Global Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Invesco Ltd. (17.11%), Morgan Stanley (7.01%), Kayne Anderson Capital Advisors LP (6.89%), First Trust Advisors LP (0.87%), Royal Bank of Canada (0.72%) and Bank of America Corp DE (0.42%). View Institutional Ownership Trends for Global Partners.

Which major investors are selling Global Partners stock?

GLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Texas Yale Capital Corp., Bank of America Corp DE, Albert D Mason Inc., GSA Capital Partners LLP and Royal Bank of Canada. View Insider Buying and Selling for Global Partners.

Which major investors are buying Global Partners stock?

GLP stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Capital Advisors LP, Cetera Advisor Networks LLC, Arrow Investment Advisors LLC, First Trust Advisors LP, Advantage Investment Management LLC, HighTower Advisors LLC and Delta Investment Management LLC. View Insider Buying and Selling for Global Partners.

How do I buy shares of Global Partners?

Shares of GLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Global Partners' stock price today?

One share of GLP stock can currently be purchased for approximately $19.23.

How big of a company is Global Partners?

Global Partners has a market capitalization of $653.82 million and generates $12.67 billion in revenue each year. The energy company earns $102.87 million in net income (profit) each year or $1.73 on an earnings per share basis. Global Partners employs 2,500 workers across the globe.View Additional Information About Global Partners.

What is Global Partners' official website?

The official website for Global Partners is http://www.globalp.com/.

How can I contact Global Partners?

Global Partners' mailing address is P.O. BOX 9161 800 SOUTH STREET, WALTHAM MA, 02454. The energy company can be reached via phone at 781-894-8800 or via email at [email protected]


MarketBeat Community Rating for Global Partners (NYSE GLP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  564
MarketBeat's community ratings are surveys of what our community members think about Global Partners and other stocks. Vote "Outperform" if you believe GLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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