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Global Partners Lp (GLP) Stock News

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Welcome to our dedicated page for Global Partners Lp news (Ticker: GLP), a resource for investors and traders seeking the latest updates and insights on Global Partners Lp stock.

Global Partners LP reports developments for a master limited partnership that owns, supplies, and operates liquid energy terminals, retail fueling locations, and convenience destinations. Its updates focus on gasoline, distillates, residual oil, renewable fuels, and related logistics across a terminal network connected to rail, pipeline, and marine assets, with retail and supplied locations in the Northeast, Mid-Atlantic, Texas, and other markets.

Recurring news includes quarterly and annual financial results, segment commentary for Wholesale, Gasoline Distribution and Station Operations, and Commercial activities, and cash distributions on common units and Series B preferred units. Company announcements also address annual report filings, qualified tax notices for non-U.S. unitholders, and conference-call scheduling tied to operating results.

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Global Partners (NYSE: GLP) declared a cash distribution of $0.7550 per common unit for the period July 1, 2025–September 30, 2025, equivalent to $3.02 per unit annualized. The distribution will be paid on November 14, 2025 to holders of record at the close of business on November 10, 2025.

The announcement includes non-U.S. withholding guidance: brokers and nominees should treat 100% of distributions to non-U.S. investors as effectively connected with a U.S. trade or business and in excess of cumulative net income, making such distributions subject to federal withholding at the highest applicable effective tax rate plus 10%. Nominees, not Global Partners LP, are identified as the withholding agents.

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Global Partners (NYSE: GLP) will release its third-quarter 2025 financial results before the market opens on Friday, November 7, 2025. The Partnership will host a conference call at 10:00 a.m. ET for investors and analysts featuring Eric Slifka (CEO), Gregory B. Hanson (CFO), and Mark Romaine (COO).

Dial-in numbers: (877) 709-8155 (U.S./Canada) or (201) 689-8881 (International). A live and archived audio replay will be available in the Events & Presentations section of the Investors page at https://ir.globalp.com.

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Global Partners (NYSE: GLP) declared a quarterly cash distribution of $0.59375 per Series B preferred unit (annualized $2.375, 9.50% fixed-rate) for the period Aug 15–Nov 14, 2025. The distribution is payable Nov 17, 2025 to holders of record at the opening of business on Nov 3, 2025.

The partnership provided notice for brokers/nominees holding units for non-U.S. investors that 100% of distributions are treated as effectively connected income and as in excess of cumulative net income for withholding purposes. As a result, distributions to non-U.S. investors are subject to federal withholding at the highest applicable effective tax rate plus 10%, with nominees responsible as withholding agents.

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Global Partners LP (NYSE:GLP) reported mixed second-quarter 2025 financial results, with strong first-half performance but year-over-year declines in Q2. Net income decreased to $25.2 million ($0.55 per unit) from $46.1 million ($1.10 per unit) in Q2 2024. Adjusted EBITDA was $98.2 million, down from $121.1 million year-over-year.

Total sales increased to $4.6 billion from $4.4 billion in Q2 2024, while total volume grew to 2.0 billion gallons from 1.6 billion gallons. The company completed an upsized private offering of $450 million of 7.125% senior notes due 2033 and announced a quarterly cash distribution of $0.75 per unit.

The GDSO segment saw product margin decline to $207.9 million from $221.5 million, while Wholesale segment remained relatively stable at $91.7 million compared to $91.9 million in Q2 2024.

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Global Partners LP (NYSE: GLP) has announced the availability of its 2024 Schedule K-3 tax form, which contains information about items of international tax relevance. The document can be accessed online at www.taxpackagesupport.com/globalpartners.

The Schedule K-3 is primarily relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders. While physical copies won't be mailed, unitholders can request electronic copies by calling Tax Package Support at (866) 867-4075 on weekdays between 8 a.m. and 5 p.m. CT.

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Global Partners LP (NYSE: GLP) has declared a quarterly cash distribution of $0.7500 per unit for Q2 2025, equivalent to $3.00 per unit annually. The distribution covers the period from April 1, 2025, through June 30, 2025.

The payment will be made on August 14, 2025, to unitholders of record as of August 8, 2025. The announcement includes important tax withholding information for brokers and nominees handling GLP units for non-U.S. investors, with 100% of distributions subject to U.S. trade or business income tax withholding.

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Global Partners LP (NYSE: GLP) has scheduled its second-quarter 2025 financial results release and conference call. The company will release its Q2 2025 results before market opening on Thursday, August 7, 2025.

The conference call will be held at 10:00 a.m. ET and will feature key executives including CEO Eric Slifka, CFO Gregory B. Hanson, and COO Mark Romaine. Investors can join via phone using the numbers (866) 682-6100 (U.S./Canada) or (862) 298-0702 (International). A replay will be available in the "Events & Presentations" section of Global Partners' investor relations website.

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

The announcement includes important tax withholding information for non-U.S. investors, noting that 100% of distributions are subject to U.S. federal income tax withholding at the highest applicable effective tax rate plus 10%.

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Global Partners LP announced the completion of its cash tender offer for its 7.00% Senior Notes due 2027. The tender offer, which expired on June 16, 2025, resulted in $360,316,000 (90.08%) of the $400 million outstanding notes being validly tendered. The company will purchase the tendered notes at $1,002.94 per $1,000 principal amount, with payment expected on June 23, 2025. The purchase will be funded using proceeds from a new issuance of $450 million 7.125% senior unsecured notes due 2033. Global Partners plans to redeem any remaining untendered notes around August 1, 2025, at 100% of principal amount plus accrued interest.
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Global Partners LP (NYSE: GLP) announced pricing terms for its cash tender offer to purchase all outstanding 7.00% Senior Notes due 2027. The purchase price is set at $1,002.94 per $1,000 principal amount of notes, with $400 million total outstanding. The offer expires on June 16, 2025, at 5:00 p.m. NYC time. Holders will receive the purchase price plus accrued interest, with settlement expected on June 23, 2025. The tender offer is contingent on completing a contemporaneous senior notes offering. Global Partners plans to redeem any remaining outstanding notes around August 1, 2025, if the tender offer doesn't result in full purchase. J.P. Morgan Securities LLC serves as the exclusive dealer manager.
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FAQ

What is the current stock price of Global Partners Lp (GLP)?

The current stock price of Global Partners Lp (GLP) is $49.22 as of May 15, 2026.

What is the market cap of Global Partners Lp (GLP)?

The market cap of Global Partners Lp (GLP) is approximately 1.7B.