GLP - Global Partners LP-MA Stock Price, Fair Value and News

41.61USD-2.38 (-5.41%)Market Closed

Market Summary

USD41.61-2.38

Market Closed

-5.41%

GLP Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

GLP Stock Price

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GLP RSI Chart

GLP Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

Price/Sales (Trailing)

0.09

EV/EBITDA

Price/Free Cashflow

4.05

GLP Price/Sales (Trailing)

GLP Profitability

EBT Margin

0.76%

Return on Assets

3.4%

Free Cashflow Yield

24.68%

GLP Fundamentals

GLP Revenue

Revenue (TTM)

16.6B

Rev. Growth (Yr)

2.85%

Rev. Growth (Qtr)

-5.98%

GLP Earnings

Earnings (TTM)

117.9M

Earnings Growth (Yr)

-119.3%

Earnings Growth (Qtr)

-110.13%

Breaking Down GLP Revenue

Last 7 days

-13.8%

Last 30 days

-9.2%

Last 90 days

-10.7%

Trailing 12 Months

35.6%

How does GLP drawdown profile look like?

GLP Financial Health

Current Ratio

1.17

GLP Investor Care

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	16.6B	0	0	0
2023	18.4B	16.9B	16.5B	16.5B
2022	15.2B	17.2B	18.5B	18.9B
2021	8.3B	10.1B	11.4B	13.2B
2020	12.7B	10.7B	9.5B	8.3B
2019	12.8B	13.2B	13.0B	13.1B
2018	9.5B	10.5B	11.8B	12.7B
2017	8.8B	8.7B	8.8B	8.9B
2016	9.1B	8.6B	8.1B	8.2B
2015	15.1B	13.2B	11.7B	10.3B
2014	19.1B	18.9B	18.5B	17.3B
2013	19.2B	20.1B	19.9B	19.6B
2012	15.3B	15.8B	16.6B	17.6B
2011	9.4B	11.3B	13.5B	14.8B
2010	0	6.5B	7.1B	7.8B
2009	0	0	0	5.8B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Global Partners LP-MA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	slifka eric	gifted	-	-	-350,000	vice chairman, president & ceo
Mar 22, 2024	slifka eric	gifted	-	-	350,000	vice chairman, president & ceo
Feb 28, 2024	geary sean t.	sold (taxes)	-54,653	45.85	-1,192	chief legal officer & sec.
Feb 28, 2024	slifka eric	acquired	-	-	14,501	vice chairman, president & ceo
Feb 28, 2024	hanson gregory b.	acquired	-	-	4,626	chief financial officer
Feb 28, 2024	geary sean t.	acquired	-	-	4,075	chief legal officer & sec.
Feb 28, 2024	hanson gregory b.	sold (taxes)	-62,218	45.85	-1,357	chief financial officer
Feb 28, 2024	global gp llc	acquired	599,030	45.85	13,065	-
Feb 28, 2024	romaine mark	acquired	-	-	8,338	chief operating officer
Feb 28, 2024	global gp llc	sold	-1,595,720	45.85	-34,803	-

Which funds bought or sold GLP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	4,521	4,521	-%
May 10, 2024	Tortoise Capital Advisors, L.L.C.	reduced	-32.19	-438,885	1,081,190	0.01%
May 10, 2024	JPMORGAN CHASE & CO	added	12,246	4,132,110	4,164,260	-%
May 10, 2024	BlackRock Inc.	new	-	89.00	89.00	-%
May 10, 2024	MARK SHEPTOFF FINANCIAL PLANNING, LLC	unchanged	-	414	8,876	-%
May 10, 2024	LPL Financial LLC	added	5.07	24,120	260,074	-%
May 10, 2024	Tortoise Index Solutions, LLC	reduced	-21.56	-272,982	1,267,270	0.26%
May 10, 2024	OSAIC HOLDINGS, INC.	added	5.62	74,391	763,954	-%
May 10, 2024	McIlrath & Eck, LLC	unchanged	-	960	20,592	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	18.51	1,536,120	7,855,830	-%

Are Funds Buying or Selling GLP?

Are funds buying GLP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GLP

No. of Funds

Unveiling Global Partners LP-MA's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 05, 2024	alps advisors inc	13.04%	4,431,751	SC 13G
Jan 10, 2024	invesco ltd.	9.3%	3,164,640	SC 13G/A
Feb 03, 2023	invesco ltd.	14.6%	4,957,060	SC 13G/A
Feb 10, 2022	invesco ltd.	17.1%	5,801,379	SC 13G/A
Feb 09, 2021	invesco ltd.	17.6%	5,995,765	SC 13G/A
Jun 08, 2020	kayne anderson capital advisors lp	4.44%	1,509,325	SC 13G/A
Feb 12, 2020	invesco ltd.	17.5%	5,950,461	SC 13G/A
Feb 06, 2020	kayne anderson capital advisors lp	6.86%	2,333,459	SC 13G/A

Recent SEC filings of Global Partners LP-MA

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 25, 2024	15-12G	15-12G
Apr 25, 2024	8-K	Current Report
Apr 15, 2024	25-NSE	25-NSE
Apr 15, 2024	8-K	Current Report
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading

Peers (Alternatives to Global Partners LP-MA)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	80.4B	42.6B	10.65%	-1.61%	13.66	1.89	-15.26%	110.89%
EPD	62.5B	52.0B	-0.96%	11.00%	11.17	1.2	-9.70%	0.25%
ET	53.3B	81.2B	2.66%	28.49%	13.13	0.66	-8.10%	-11.70%
KMI	42.5B	15.3B	5.57%	13.93%	17.28	2.78	-18.66%	-3.98%
LNG	35.4B	17.4B	-1.31%	4.62%	7.16	2.03	-47.07%	-35.95%
PAA	12.1B	48.4B	-2.37%	37.10%	11.31	0.25	-13.61%	-15.57%
MID-CAP
AM	7.0B	1.1B	3.95%	37.85%	17.88	6.56	10.45%	16.98%
ENLC	6.0B	6.8B	-2.06%	50.57%	36.88	0.88	-24.85%	-57.72%
ETRN	5.8B	1.4B	5.19%	145.32%	12.81	4.2	-0.72%	272.22%
INSW	3.0B	1.1B	18.21%	57.50%	5.76	2.87	0.83%	-7.88%
HESM	2.8B	1.4B	-0.14%	22.77%	19.66	2.01	10.36%	-29.40%
SMALL-CAP
GEL	1.5B	3.2B	6.86%	27.76%	11.81	0.49	7.09%	65.33%
GLP	1.4B	16.6B	-9.17%	35.63%	12	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	115.8M	734.3M	17.39%	33.18%	30.4	0.16	-25.40%	114.16%

Global Partners LP-MA News

Latest updates

Global Partners LP-MA Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-6.0%	4,145	4,409	4,221	3,832	4,030	4,427	4,627	5,324	4,501	4,092	3,324	3,279	2,553	2,196	2,061	1,470	2,595	3,349	3,246	3,508	2,980
Gross Profit	-23.3%	215	280	229	243	222	282	328	281	206	193	203	178	145	166	169	240	146	151	188	167	157
Operating Expenses	-4.8%	189	199	181	180	171	203	187	95.00	153	154	149	145	129	134	129	139	127	130	137	129	127
S&GA Expenses	-14.2%	70.00	81.00	63.00	67.00	62.00	81.00	65.00	61.00	56.00	58.00	55.00	54.00	46.00	49.00	43.00	59.00	41.00	44.00	45.00	41.00	41.00
EBITDA Margin	-15.8%	0.01*	0.01*	0.02*	0.02*	0.03*	0.03*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	1118.7%	30.00	2.00	29.00	4.00	29.00	1.00	28.00	2.00	30.00	2.00	34.00	2.00	16.00	10.00	17.00	14.00	19.00	16.00	17.00	17.00	18.00
Income Taxes	-93.7%	0.00	6.00	1.00	1.00	0.00	2.00	11.00	3.00	1.00	1.00	0.00	1.00	-0.13	0.00	2.00	4.00	-5.87	-0.18	1.00	0.00	0.00
Earnings Before Taxes	-108.6%	-5.24	61.00	28.00	42.00	29.00	59.00	122	166	32.00	20.00	34.00	13.00	-4.43	5.00	20.00	80.00	-2.79	-1.06	16.00	15.00	7.00
EBT Margin	-22.1%	0.01*	0.01*	0.01*	0.01*	0.02*	0.02*	0.02*	0.01*	0.01*	0.00*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-110.1%	-5.60	55.00	27.00	41.00	29.00	57.00	111	163	30.00	19.00	34.00	12.00	-4.30	4.00	18.00	76.00	3.00	-0.83	15.00	14.00	7.00
Net Income Margin	-23.2%	0.01*	0.01*	0.01*	0.01*	0.02*	0.02*	0.02*	0.01*	0.01*	0.00*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	-207.8%	-182	169	97.00	265	-19.32	-96.91	192	363	23.00	-48.84	153	52.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.6%	3,466	3,446	3,051	2,937	2,925	3,161	2,975	3,010	3,153	2,831	2,677	2,710	2,684	2,541	2,486	2,522	2,461	2,808	2,678	2,764	2,846
Current Assets	5.2%	1,155	1,098	1,042	901	951	1,169	1,001	1,077	1,200	1,065	924	959	925	781	737	769	679	1,005	871	931	1,009
Cash Equivalents	270.7%	73.00	20.00	11.00	11.00	7.00	4.00	15.00	7.00	11.00	11.00	15.00	6.00	12.00	10.00	5.00	10.00	54.00	12.00	6.00	10.00	9.00
Inventory	1.7%	404	397	391	344	385	567	428	431	512	510	413	491	469	384	329	344	214	450	394	426	465
Net PPE	-1.5%	1,490	1,514	1,188	1,200	1,204	1,218	1,217	1,180	1,203	1,099	1,089	1,074	1,075	1,082	1,070	1,075	1,091	1,105	1,102	1,106	1,113
Goodwill	-0.6%	427	429	429	428	428	428	17.00	65.00	65.00	328	329	329	329	324	324	324	324	324	325	325	326
Liabilities	2.1%	2,702	2,645	2,276	2,161	2,165	2,372	2,226	2,344	2,620	2,303	2,143	2,179	2,139	2,045	1,977	2,014	2,021	2,349	2,196	2,278	2,356
Current Liabilities	0.3%	986	983	917	754	773	971	825	934	908	840	680	718	675	498	409	427	370	754	621	701	780
Float	-	-	-	-	849	-	-	-	650	-	-	-	752	-	-	-	273	-	-	-	529	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-207.8%	-182	169	97.00	265	-19.32	-96.91	192	363	23.00	-48.84	153	52.00	-105	62.00	88.00	24.00	138	-15.12	143	54.00	-87.04
Share Based Compensation	-47.5%	3.00	5.00	3.00	2.00	1.00	1.00	1.00	1.00	0.00	0.00	-0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00
Cashflow From Investing	99.6%	-1.51	-370	-14.23	-95.50	-12.07	-41.49	-62.13	74.00	-206	-33.57	-37.37	-21.43	-22.67	-34.96	-17.92	-5.81	-11.04	-26.07	-20.58	-13.92	-6.64
Cashflow From Financing	13.3%	237	210	-82.60	-165	34.00	127	-121	-440	184	78.00	-106	-36.41	131	-22.43	-75.86	-62.30	-84.53	47.00	-127	-37.82	94.00
Buy Backs	-100.0%	-	3.00	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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GLP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Sales	$ 16,492,174	$ 18,877,886	$ 13,248,277
Cost of sales	15,518,534	17,780,237	12,529,014
Gross profit	973,640	1,097,649	719,263
Costs and operating expenses:
Selling, general and administrative expenses	273,733	263,112	212,878
Operating expenses	450,627	445,271	353,582
Amortization expense	8,136	8,851	10,711
Net gain on sale and disposition of assets	(2,626)	(79,873)	(506)
Long-lived asset impairment			380
Total costs and operating expenses	729,870	637,361	577,045
Operating income	243,770	460,288	142,218
Other income (expense):
Income from equity method investments	2,503
Interest expense	(85,631)	(81,259)	(80,086)
Income before income tax expense	160,642	379,029	62,132
Income tax expense	(8,136)	(16,822)	(1,336)
Net income	152,506	362,207	60,796
Less: General partner's interest in net income, including incentive distribution rights	9,908	7,138	3,581
Preferred Limited Partners
Other income (expense):
Limited partners' interest in net income	14,559	13,852	12,209
Common Limited Partners
Other income (expense):
Limited partners' interest in net income	$ 128,039	$ 341,217	$ 45,006
Basic net income per common limited partner unit	$ 3.77	$ 10.06	$ 1.33
Diluted net income per common limited partner unit	$ 3.76	$ 10.02	$ 1.31
Basic weighted average common limited partner units outstanding	33,970	33,935	33,942
Diluted weighted average common limited partner units outstanding	34,039	34,044	34,278

GLP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 19,642	$ 4,040
Accounts receivable, net (less allowance of $3,360 and $3,062 at December 31, 2023 and 2022, respectively)	551,764	478,837
Accounts receivable-affiliates	8,142	2,380
Inventories	397,314	566,731
Brokerage margin deposits	12,779	23,431
Derivative assets	17,656	19,848
Prepaid expenses and other current assets	90,531	73,992
Total current assets	1,097,828	1,169,259
Property and equipment, net	1,513,545	1,218,171
Right of use assets, net	252,849	288,142
Intangible assets, net	20,718	26,854
Goodwill	429,215	427,780
Equity method investments	94,354
Other assets	37,502	30,679
Total assets	3,446,011	3,160,885
Current liabilities:
Accounts payable	648,717	530,940
Working capital revolving credit facility-current portion	16,800	153,400
Lease liability-current portion	59,944	64,919
Environmental liabilities-current portion	5,057	4,606
Trustee taxes payable	67,398	42,972
Accrued expenses and other current liabilities	179,887	156,964
Derivative liabilities	4,987	17,680
Total current liabilities	982,790	971,481
Revolving credit facility	380,000	99,000
Senior notes	742,720	741,015
Lease liability-less current portion	200,195	231,427
Environmental liabilities-less current portion	71,092	64,029
Financing obligations	138,485	141,784
Deferred tax liabilities	68,909	66,400
Other long-term liabilities	61,160	57,305
Total liabilities	2,645,351	2,372,441
Commitments and contingencies (see Note 12)
Partners' equity
General partner interest (0.67% interest with 230,303 equivalent units outstanding at December 31, 2023 and 2022)	1,828	406
Accumulated other comprehensive income (loss)	381	(449)
Total partners' equity	800,660	788,444
Total liabilities and partners' equity	3,446,011	3,160,885
Series A Preferred Limited Partners
Partners' equity
Limited partner interest	67,476	67,226
Series B Preferred Limited Partners
Partners' equity
Limited partner interest	72,305	72,305
Common Limited Partners
Partners' equity
Limited partner interest	$ 658,670	$ 648,956

About Global Partners LP-MA

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, Mid-Atlantic region, and New York. It 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. The company's Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil, and propane to home heating oil retailers and wholesale distributors. This segment also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. Its 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. The company's Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. As of December 31, 2022, it had a portfolio of 1,673 owned, leased, and supplied gasoline stations, which included 353 directly operated convenience stores; and owned, leased, or maintained storage facilities at 24 bulk terminals with a collective storage capacity of 10 million barrels. The company serves as the general partner of the company. Global Partners LP was incorporated in 2005 and is based in Waltham, Massachusetts.

CEO	Mr. Eric S. Slifka
WEBSITE	globalp.com
INDUSTRY	Oil - Midstream
EMPLOYEES	2860

Global Partners LP-MA Frequently Asked Questions

What is the ticker symbol for Global Partners LP-MA? What does GLP stand for in stocks?

GLP is the stock ticker symbol of Global Partners LP-MA. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Global Partners LP-MA (GLP)?

As of Mon May 13 2024, market cap of Global Partners LP-MA is 1.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GLP stock?

You can check GLP's fair value in chart for subscribers.

What is the fair value of GLP stock?

You can check GLP's fair value in chart for subscribers. The fair value of Global Partners LP-MA is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Global Partners LP-MA is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GLP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Global Partners LP-MA a good stock to buy?

The fair value guage provides a quick view whether GLP is over valued or under valued. Whether Global Partners LP-MA is cheap or expensive depends on the assumptions which impact Global Partners LP-MA's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GLP.

What is Global Partners LP-MA's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, GLP's PE ratio (Price to Earnings) is 12 and Price to Sales (PS) ratio is 0.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GLP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Global Partners LP-MA's stock?

In the past 10 years, Global Partners LP-MA has provided 0.088 (multiply by 100 for percentage) rate of return.