Global Partners Lp Stock Price, News & Analysis

Global Partners LP (NYSE: GLP) has announced its quarterly cash distribution for Q1 2025. The Partnership will distribute $0.7450 per unit ($2.98 annualized) to unitholders, covering the period from January 1, 2025, through March 31, 2025.

The distribution will be paid on May 15, 2025, to unitholders of record as of May 9, 2025. The company also provided notice regarding non-U.S. withholding requirements, stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate plus 10%.

Global Partners LP (NYSE: GLP) has scheduled its first-quarter 2025 financial results announcement for Thursday, May 8, 2025, before market opening. The company will hold a conference call at 10:00 a.m. ET featuring key executives including President and CEO Eric Slifka, CFO Gregory B. Hanson, and COO Mark Romaine.

Investors and analysts can join the call by dialing (877) 709-8155 for U.S. and Canada or (201) 689-8881 for international participants. An audio replay will be available through the 'Events & Presentations' section on Global Partners' investor relations website.

Global Partners LP (NYSE: GLP) has announced its Board of Directors has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit annualized) on the Partnership's 9.50% fixed-rate Series B preferred units. The distribution covers the period from February 15, 2025, through May 14, 2025, and will be paid on May 15, 2025, to Series B preferred unitholders of record as of May 1, 2025.

The announcement includes notice to brokers and nominees regarding non-U.S. investors, stating that 100% of distributions are subject to U.S. trade or business income tax withholding at the highest applicable effective tax rate plus 10%.

RoadFlex has announced a strategic partnership with Global Partners LP (NYSE: GLP) to expand its fuel discount network. The collaboration enables RoadFlex customers to access fuel discounts at Global Partners' service stations across 11 states using a VISA fleet card.

The partnership provides access to discounted fuel at multiple branded stations including Shell, BP, 76, Exxon, Mobil, Sunoco, Gulf, Citgo, Alltown Fresh, VP Racing, Global, and Xtramart in CT, MA, MD, ME, NH, NJ, NY, PA, RI, VA, and VT. Customers can combine these discounts with RoadFlex's Fuel Risk Management Platform, which offers purchase controls and fuel analytics.

Global Partners LP (NYSE: GLP) has announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The report was submitted to the U.S. Securities and Exchange Commission (SEC) on February 28, 2025.

Investors can access the annual report through multiple channels: the Partnership's investor relations website under the 'SEC Filings' section, directly from the SEC's website, or by requesting a hard copy of the complete audited financial statements from Global Partners' Investor Relations department.

Global Partners LP (NYSE: GLP) reported its Q4 and full-year 2024 financial results, marking a transformative year of growth. The company expanded its terminal network significantly, more than doubling its count and increasing storage capacity by 12.1 million barrels to 22 million barrels.

Key financial metrics for Q4 2024:

• Net income: $23.9 million ($0.52 per unit) vs $55.3 million ($1.41 per unit) in Q4 2023
• EBITDA: $94.6 million vs $110.9 million in Q4 2023
• Gross profit: $268.8 million vs $280.4 million in Q4 2023

Full-year 2024 results showed net income of $110.3 million ($2.41 per unit) compared to $152.5 million ($3.76 per unit) in 2023. The company completed strategic acquisitions, including 25 terminals across multiple states and a significant 25-year take-or-pay contract with Motiva. A quarterly cash distribution of $0.74 per unit was announced.

Global Partners LP (NYSE: GLP) has announced its upcoming fourth-quarter and full-year 2024 financial results release, scheduled for February 28, 2025, before market opening. The company will host a conference call at 10:00 a.m. ET featuring key executives including President and CEO Eric Slifka, CFO Gregory B. Hanson, and COO Mark Romaine.

Investors and analysts can participate by dialing (877) 709-8155 for U.S. and Canada or (201) 689-8881 for international calls. Both live and archived audio replays will be available through the 'Events & Presentations' section on Global Partners' investor relations website.

Global Partners LP (NYSE: GLP) has announced its fourth-quarter 2024 cash distribution of $0.7400 per unit, equivalent to $2.96 per unit annually. The distribution will be paid on February 14, 2025, to unitholders of record as of February 10, 2025.

The company also provided notice regarding non-U.S. withholding requirements, stating that 100% of distributions to non-U.S. investors are considered effectively connected with U.S. trade or business. These distributions are subject to federal income tax withholding at the highest applicable effective tax rate plus 10%, with brokers and nominees serving as withholding agents.

Global Partners LP (NYSE: GLP) has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit annually) on its 9.50% fixed-rate Series B preferred units. The distribution covers the period from November 15, 2024, through February 14, 2025, and will be paid on February 18, 2025, to Series B preferred unitholders of record as of February 3, 2025.

The company also provided notice regarding non-U.S. investor withholding requirements, stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate plus 10%. Brokers and nominees, not Global Partners LP, are responsible for withholding on distributions received on behalf of non-U.S. investors.