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

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$17.82 -0.56 (-3.05 %)
(As of 11/21/2018 02:44 AM ET)
Previous Close$18.38
Today's Range$17.65 - $18.2759
52-Week Range$15.16 - $21.05
Volume175,736 shs
Average Volume74,602 shs
Market Capitalization$623.14 million
P/E Ratio12.82
Dividend Yield10.37%
Beta0.76
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 home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil and propane retailers, and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada for distribution to refiners and other customers. The Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. As of December 31, 2017, this segment had a portfolio of 1,455 owned, leased, and/or supplied gasoline stations, which included 264 convenience stores in the Northeast, Maryland, and Virginia. The Commercial segment delivers 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 commercial and industrial end users; and sells custom blended fuels. The company also owns, leases, or maintains storage facilities at 24 bulk terminals with a collective storage capacity of 10.1 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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:GLP
Previous Symbol
CUSIPN/A
Phone781-894-8800

Debt

Debt-to-Equity Ratio3.05
Current Ratio1.28
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio12.82
Forward P/E Ratio77.48
P/E GrowthN/A

Sales & Book Value

Annual Sales$8.92 billion
Price / Sales0.07
Cash Flow$4.5692 per share
Price / Cash3.90
Book Value$11.60 per share
Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$1.39
Net Income$58.35 million
Net Margins0.59%
Return on Equity1.82%
Return on Assets0.32%

Miscellaneous

Employees2,000
Outstanding Shares34,000,000
Market Cap$623.14 million
OptionableOptionable

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 announced a quarterly dividend on Friday, October 26th. Shareholders of record on Friday, November 9th will be given a dividend of $0.475 per share on Wednesday, November 14th. This represents a $1.90 annualized dividend and a yield of 10.66%. The ex-dividend date is Thursday, November 8th. View Global Partners' Dividend History.

How were Global Partners' earnings last quarter?

Global Partners LP (NYSE:GLP) posted its quarterly earnings data on Thursday, November, 8th. The energy company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.71. The energy company earned $3.47 billion during the quarter, compared to analyst estimates of $2.73 billion. Global Partners had a return on equity of 1.82% and a net margin of 0.59%. 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, March 14th 2019. View Earnings Estimates for Global Partners.

What price target have analysts set for GLP?

5 equities research analysts have issued 12-month price targets for Global Partners' stock. Their predictions range from $17.00 to $20.00. On average, they expect Global Partners' stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Global Partners.

What is the consensus analysts' recommendation for Global Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Partners in the last year. There are currently 1 sell rating and 4 hold ratings 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 stories about GLP stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Global Partners earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Global Partners' key competitors?

Who are Global Partners' key executives?

Global Partners' management team includes the folowing people:
  • Mr. Eric S. Slifka, Pres, CEO & Director of Global GP LLC (Age 52)
  • Ms. Daphne H. Foster, CFO & Director of Global GP LLC (Age 60)
  • Mr. Mark A. Romaine, Chief Operating Officer of Global GP LLC (Age 49)
  • Mr. Edward J. Faneuil, Exec. VP, Gen. Counsel & Sec. of Global GP LLC (Age 65)
  • Mr. Andrew P. Slifka, Exec. VP & Director of Global GP LLC (Age 49)

Who are Global Partners' major shareholders?

Global Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.82%), Kayne Anderson Capital Advisors LP (7.10%), First Trust Advisors LP (1.04%), Advisory Research Inc. (0.89%), Renaissance Technologies LLC (0.28%) and Bramshill Investments LLC (0.27%). 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, First Trust Advisors LP and Bramshill Investments LLC. View Insider Buying and Selling for Global Partners.

Which major investors are buying Global Partners stock?

GLP stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, MetLife Investment Advisors LLC, First Hawaiian Bank, Kayne Anderson Capital Advisors LP, Advisory Research Inc., GSA Capital Partners LLP and Albert D Mason Inc.. 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 $17.82.

How big of a company is Global Partners?

Global Partners has a market capitalization of $623.14 million and generates $8.92 billion in revenue each year. The energy company earns $58.35 million in net income (profit) each year or $1.39 on an earnings per share basis. Global Partners employs 2,000 workers across the globe.

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:  1.8 out of 5 (star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  495
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 11/21/2018 by MarketBeat.com Staff

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