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Global Partners Lp Stock Price, News & Analysis

GLP NYSE

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 (GLP) News provides investors and industry professionals with centralized access to all official press releases and market-moving developments for this leading energy logistics partnership. Track material updates across GLP's diversified operations including terminal network expansions, wholesale fuel distribution agreements, and renewable energy initiatives.

This resource delivers timely updates on quarterly earnings, strategic acquisitions, and infrastructure investments while maintaining strict compliance with financial disclosure standards. Users gain critical insights into GLP's petroleum product distribution, rail logistics operations, and convenience retail network through primary source documents.

Key updates include regulatory filings, partnership announcements, and operational milestones across GLP's integrated energy value chain. Bookmark this page for direct access to unfiltered information on storage capacity changes, sustainability initiatives, and leadership updates from the MLP's corporate communications.

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Global Partners LP (NYSE: GLP) has announced a cash distribution of $0.6550 per unit, amounting to $2.62 annually, for all outstanding common units covering January 1, 2023 to March 31, 2023. This distribution will be paid on May 15, 2023 to unitholders of record by May 9, 2023. The press release also highlights that 100% of GLP’s distributions to non-U.S. investors are subject to federal income tax withholding. Global Partners operates one of the largest networks of gasoline stations and convenience stores in the Northeast, and is engaged in the transportation of petroleum products and renewable fuels.

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Global Partners LP (NYSE: GLP) will release its first-quarter 2023 financial results before the market opens on May 5, 2023. A conference call for investors and analysts will be held at 10:00 a.m. ET, featuring President and CEO Eric Slifka, CFO Gregory B. Hanson, and COO Mark Romaine. Investors can access the call via phone or the company’s website. Global Partners operates approximately 1,700 gasoline stations and convenience stores in the Northeast and manages one of the largest terminal networks in New England and New York for distributing fuels. The Partnership focuses on the transportation of petroleum products and renewable fuels by rail from the U.S. and Canada.

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Global Partners LP (NYSE: GLP) has announced a cash distribution of $0.609375 per unit for its Series A preferred units for the period from February 15, 2023 to May 14, 2023. This amounts to $2.4375 on an annualized basis and will be payable on May 15, 2023, to holders of record as of May 1, 2023.

Additionally, a cash distribution of $0.59375 per unit will be made on the Series B preferred units for the same period, translating to $2.375 on an annualized basis, also payable on May 15, 2023.

Non-U.S. investors will face federal income tax withholding at the highest applicable rate on these distributions.

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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 $48.17 as of May 9, 2025.

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

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

NYSE:GLP

GLP Rankings

GLP Stock Data

1.73B
27.27M
20.18%
45.38%
2.65%
Oil & Gas Midstream
Wholesale-petroleum Bulk Stations & Terminals
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United States
WALTHAM