Global Partners LP
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $30.8084
- Today's High:
- $31.28
- Open Price:
- $30.84
- 52W Low:
- $21.4048
- 52W High:
- $35.8525
- Prev. Close:
- $30.91
- Volume:
- 38407
Company Statistics
- Market Cap.:
- $1.07 billion
- Book Value:
- 18.689
- Revenue TTM:
- $16.92 billion
- Operating Margin TTM:
- 2%
- Gross Profit TTM:
- $1.14 billion
- Profit Margin:
- 1.37%
- Return on Assets TTM:
- 7.1%
- Return on Equity TTM:
- 33.22%
Company Profile
Global Partners LP had its IPO on 2005-09-29 under the ticker symbol GLP.
The company operates in the Energy sector and Oil & Gas Midstream industry. Global Partners LP has a staff strength of 2,860 employees.
Stock update
Shares of Global Partners LP opened at $30.84 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $30.81 - $31.28, and closed at $30.95.
This is a +0.13% increase from the previous day's closing price.
A total volume of 38,407 shares were traded at the close of the day’s session.
In the last one week, shares of Global Partners LP have slipped by -3.67%.
Global Partners LP's Key Ratios
Global Partners LP has a market cap of $1.07 billion, indicating a price to book ratio of 1.5563 and a price to sales ratio of 0.0622.
In the last 12-months Global Partners LP’s revenue was $16.92 billion with a gross profit of $1.14 billion and an EBITDA of $444.55 million. The EBITDA ratio measures Global Partners LP's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Global Partners LP’s operating margin was 2% while its return on assets stood at 7.1% with a return of equity of 33.22%.
In Q2, Global Partners LP’s quarterly earnings growth was a negative -77.3% while revenue growth was a negative 28%.
Global Partners LP’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 4.8297
- PEG
- -0.62
Its diluted EPS in the last 12-months stands at $6.4 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.62. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Global Partners LP’s profitability.
Global Partners LP stock is trading at a EV to sales ratio of 0.131 and a EV to EBITDA ratio of 4.6222. Its price to sales ratio in the trailing 12-months stood at 0.0622.
Global Partners LP stock pays annual dividends of $2.59 per share, indicating a yield of 8.71% and a payout ratio of 54.79%.
Balance sheet and cash flow metrics
- Total Assets
- $2.94 billion
- Total Liabilities
- $754.35 million
- Operating Cash Flow
- $-95504000.00
- Capital Expenditure
- $22.11 million
- Dividend Payout Ratio
- 54.79%
Global Partners LP ended 2024 with $2.94 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.94 billion while shareholder equity stood at $775.53 million.
Global Partners LP ended 2024 with $66.16 million in deferred long-term liabilities, $754.35 million in other current liabilities, 634500000.00 in common stock, $0 in retained earnings and $427.72 million in goodwill. Its cash balance stood at $11.04 million and cash and short-term investments were $11.04 million. The company’s total short-term debt was $149,502,000 while long-term debt stood at $741.87 million.
Global Partners LP’s total current assets stands at $900.99 million while long-term investments were $70.69 million and short-term investments were $0. Its net receivables were $441.54 million compared to accounts payable of $398.65 million and inventory worth $343.87 million.
In 2024, Global Partners LP's operating cash flow was $-95504000.00 while its capital expenditure stood at $22.11 million.
Comparatively, Global Partners LP paid $0.55 in dividends in 2024.
Other key metrics
- Current Trading Price
- $30.95
- 52-Week High
- $35.8525
- 52-Week Low
- $21.4048
- Analyst Target Price
- $40
Global Partners LP stock is currently trading at $30.95 per share. It touched a 52-week high of $35.8525 and a 52-week low of $35.8525. Analysts tracking the stock have a 12-month average target price of $40.
Its 50-day moving average was $31.46 and 200-day moving average was $30.5 The short ratio stood at 2.58 indicating a short percent outstanding of 0%.
Around 1859.7% of the company’s stock are held by insiders while 3268.2% are held by institutions.
Frequently Asked Questions About Global Partners LP
Similar Industry Stocks (Oil & Gas Midstream)
Most Active
Top Gainers
Top Losers
About
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.