iHub News
4週前
Global Partners (GLP) shares jump after major earnings surpriseMay 8, 2026 9:42 AM
IH Market News Global Partners LP (NYSE:GLP) shares climbed 6.4% on Friday after the company delivered first-quarter earnings well above analyst expectations, supported by strong performance across its operating businesses. Earnings significantly outperform Wall Street forecasts The energy partnership reported adjusted earnings of $1.85 per unit for the quarter, far exceeding the consensus estimate of $0.33 per unit.Revenue totalled $5.32 billion during the period, falling below analyst expectations of $6.97 billion. However, sales still increased 15.8% compared with $4.59 billion recorded in the same quarter last year.The company said the quarter benefited from strong operational execution and the flexibility provided by its integrated business model during a volatile market environment.“Performance this quarter reflects the advantages of our integrated platform in a dynamic market environment,” said Eric Slifka, President and Chief Executive Officer. “Our strategy is built to adapt to changing market conditions, optimize our assets and focus on maximizing returns.” EBITDA and cash flow improve sharply Adjusted EBITDA rose substantially to $140.4 million, compared with $91.3 million in the first quarter of 2025.Adjusted distributable cash flow also increased significantly, climbing to $96.8 million from $46.5 million a year earlier. Wholesale and fuel operations support growth The company’s Wholesale division recorded strong margin expansion during the quarter.Product margin in the segment reached $154.1 million, up from $93.6 million in the prior-year period, mainly driven by more favourable market conditions in gasoline and residual oil markets.Meanwhile, the Gasoline Distribution and Station Operations business generated product margin of $199.3 million, compared with $187.9 million in the same quarter last year, benefiting from stronger fuel margins. Quarterly distribution declared Global Partners also announced a quarterly cash distribution of $0.7650 per unit.The distribution will be paid on May 15 to unitholders on record as of May 11.Global Partners stock price Original: Global Partners (GLP) shares jump after major earnings surprise
US Market News
3月前
Global Partners LP Files 2025 Annual Report on Form 10-KFebruary 27, 2026 4:05 PM
Business Wire
Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that its Annual Report on Form 10-K for the year ended December 31, 2025, was filed with the U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026.
A copy of the Annual Report on Form 10-K is available to be viewed or downloaded from the “SEC Filings” page of the Partnership’s investor relations website or from the SEC’s website at www.sec.gov. A hard copy of the Partnership’s complete audited financial statements also can be obtained free of charge by contacting the Global Partners Investor Relations department at (857) 383-2409 or emailing GLP@investorrelations.com.
About Global Partners LP
Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global Partners operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global Partners owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.
Global Partners, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260226511771/en/
Gregory B. Hanson
Chief Financial Officer
Global Partners LP
(781) 894-8800
Kristin K. Seabrook
Chief Legal Officer and Secretary
Global Partners LP
(781) 894-8800
Original: Global Partners LP Files 2025 Annual Report on Form 10-K
US Market News
4月前
Global Partners Declares Fourth-Quarter 2025 Cash Distribution of $0.7600 on Common UnitsJanuary 30, 2026 8:30 AM
Business Wire
Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a cash distribution of $0.7600 per unit ($3.04 per unit on an annualized basis) on all of its outstanding common units for the period from October 1, 2025 through December 31, 2025. The distribution will be paid on February 13, 2026 to unitholders of record as of the close of business on February 9, 2026.
Non-U.S. Withholding Information
Concurrent with this announcement we are providing qualified notice to brokers and nominees that hold Global Partners LP units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one hundred percent (100%) of Global Partners LP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, Global Partners LP’s distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.
About Global Partners LP
Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.
Global Partners, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global’s current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership’s control) including, without limitation, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, and assumptions that could cause actual results to differ materially from the Partnership’s historical experience and present expectations or projections. We believe these assumptions are reasonable given currently available information. Our assumptions and future performance are subject to a wide range of business risks, uncertainties and factors, which are described in our filings with the Securities and Exchange Commission (SEC).
For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260129188364/en/
Gregory B. Hanson
Chief Financial Officer
Global Partners LP
(781) 894-8800
Kristin K. Seabrook
Chief Legal Officer and Secretary
Global Partners LP
(781) 894-8800
Original: Global Partners Declares Fourth-Quarter 2025 Cash Distribution of $0.7600 on Common Units
Hi_Lo
2年前
I see you are trying to push a new pump and dump on this garbage like you did over on the GVSI board.
I also see you continue to stalk those that don't agree with you - pathetic little ass.
Let's look at your track record of lies, bad investment decisions, horrific investment advice and your pump and dumps.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174428946
Off to do a blacktop pave job now.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174105336
Made millions
In what world do multi-millionaires lay down pavement?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173941316
Added .0091 easy win coming 🚀
OUCH!!! GVSI is at .002.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173910300
lol where is .005 jackass
Long gone. Again, GVSI is at .002 now, jackass.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173907827
008 sellers looking dumb right now
Actually, those who sold at .008 are looking quite smart right now, unlike you.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173902614
Merger and big news coming people know 🚀
Some "merger." All bullshit that tanked the stock.
More egg on your face.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173873525
Take advantage of these prices
When you told everyone to buy above, GVSI was at .009. Now its at .002. More horrific advice.
People who actually listened to you have suffered MASSIVE LOSSES!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173831631
Your ilk have been touting .005 .003 and even that one idiot said .001 for months now? Where are those cheap prices, clown?
Right here: GVSI .002 - and you're the one calling other people clowns? Look in the mirror.
Buying more tomorrow
That would have been buying again at .009.
OUCH!!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173793480
George will change the 2025 year and this will head back to .03
Wrong again.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173792977
lol where is .005?
Again, GVSI is at .002 - you dolt.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173790688
I can sell for a nice lakehouse right now
But you didn't. You believed in Sharp, held and you got suckered out of making more profits.
Supposedly you had 20 - 55 million GVSI shares (or so you say). If true, you left millions on the table because you believed in George Sharp. What a fool.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173788500
I haven't sold
GVSI's price was at .0078 when you posted that. I'm sure you're kicking yourself for not selling at that point. What a moronic decision.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173788321
Just Sharp destroying people's lives. Underwhelming news. Expectations were higher.
I thought George Sharp was your hero? What a hypocrite you are.
You sound like a jilted lover. LOL!!! You also sound like you lost a ton of money on that day.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173783330
Maybe he drops the new Form 10 on EDGAR today
ROFLMAO!!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173780599
Until Sharp calls that out tomorrow as a scam and then it drops 90% lolol
In good hands with GVSI
What a complete moron. What you made fun of actually happened! Again, what a dolt.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173777549
.026 seller gonna be crying tomorrow 😅
I'm sure that seller was relieved at not listening to you.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173776462
This is looking really good. It's the most.popular one, that's why it's getting the merger first.
Some merger. It tanked the stock.
I could go on and on with your moronic posts but this is getting tiring.
I warned you about your continued stalking. Seven boards to go.
People should listen to Lime Time at their financial peril.
ciciagt
13年前
Also from the PR:
“Global Partners delivered a solid performance in the first quarter,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. “Each of our business segments posted double-digit percentage gains in net product margin in the quarter. Our performance was attributable primarily to our diverse product mix, our crude logistics activities and our additional station count related to gas stations and convenience stores acquired in March 2012.”
“We have broadened our single line haul origin-to-destination network through the addition of two key assets in North Dakota and Oregon that complement our existing crude-by-rail transload, logistics and storage capabilities,” Slifka said. “Among recent initiatives, we have expanded our relationship with Phillips 66 with the signing of a take-or-pay agreement which utilizes our crude-by-rail virtual pipeline system to transport crude oil from the mid-continent of the U.S. and Canada. To support our growing crude volumes and provide sourcing and purchasing optionality for our customers, we are expanding storage capacity at our North Dakota transloading facilities to a combined 550,000 barrels. At Columbus, ND, we are expanding from 100,000 barrels to 270,000 barrels and connecting this facility to the Tesoro Logistics’ High Plains Pipeline System. In Beulah, ND, we are building 280,000 barrels of storage. In Oregon, we recently completed the acquisition of Cascade Kelly Holdings, an ethanol production and crude-by-rail transload facility, providing Global with destination assets on the East and West coasts. Currently a major oil company is transloading crude oil through the facility.”
johnsyn
13年前
Global Partners Forms Alliance with OsComp Systems to Supply Compressed Natural Gas to New England Businesses
WALTHAM, Mass.--(BUSINESS WIRE)--Mar. 7, 2013-- Global Partners LP (NYSE: GLP), a FORTUNE 500® midstream logistics and marketing company, has entered into an agreement with OsComp Systems, Inc. to provide compressed natural gas (CNG) via truck to commercial, industrial and municipal customers in New England.
The agreement combines Global’s unique capabilities as a leader in the supply, marketing and distribution of energy products with the technology expertise of OsComp, a privately held company based in Houston, Texas. OsComp’s proprietary compression technology is designed to dramatically reduce the energy required to compress and transport natural gas, enabling the efficient, cost-effective delivery of the product to power plants, hospitals, businesses and other large energy users that are not directly connected to the natural gas transmission and distribution grid.
“Our strategic alliance with OsComp provides us with new and innovative technologies that we believe will directly benefit our customers through reduced capital expenses, lower maintenance costs and higher efficiency, resulting in lower overall costs,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. “OsComp’s technology is installed, operating and proven. Through its turnkey CNG system, OsComp is successfully delivering gas to customers in the oilfield though a natural gas virtual pipeline that includes trailers and unloaders. Utilizing OsComp’s superior technology and engineering expertise, Global and OsComp together will deliver a highly customized solution that provides safe, convenient and cost-effective access to natural gas for business customers that are not near a pipeline.”
“This relationship leverages Global’s leadership in gathering, storage, transportation and strong marketing relationships throughout the New England market to make our turnkey CNG solution commercially available to New England businesses,” said OsComp Founder and Chief Executive Officer Pedro Santos. “For large users, we believe that our CNG solutions have the potential to create an immediate energy savings of up to 30 to 40 percent. Our technology is a ‘virtual’ natural gas pipeline that benefits customers in two distinct ways. First, our system delivers better economics through decreased capital investment, lower delivered costs and fast, easy and cost efficient infrastructure development. Second, our system offers greater flexibility, allowing a customer to adjust capacity as needed. Natural gas is a clean and versatile energy source that can help make businesses more competitive.”
OsComp’s CNG virtual pipeline model incorporates its “Rapid Fill”™ compression technology. Rapid Fill enables CNG trailers to be filled in excess of four times faster than conventional filling systems. Faster turn-around time results in lower costs and thus lower energy prices for the end customer. OsComp has a broad portfolio of patented and patent-pending innovations that will reduce cost and increase efficiency of the trucked CNG system. Pending regulatory approval, the first compressor stations are planned for the summer of 2013.
eastunder
13年前
Global Partners Signs Agreement to Acquire West Coast Crude Oil and Ethanol Facility
Global Partners LP Global Partners LP Common Units Representing Limited Partner Interests (NYSE:GLP)
Today : Monday 28 January 2013
Global Partners LP (NYSE: GLP) today announced that it has signed an agreement to acquire 100 percent of the membership interests in a West Coast crude oil and ethanol facility near Portland, Oregon from Cascade Kelly Holdings LLC. The total purchase price is expected to be approximately $95 million. The transaction includes a rail transloading facility serviced by the BNSF Railway, 200,000 barrels of storage capacity, a deepwater marine terminal, a 1,200-foot dock and the largest ethanol plant on the West Coast. Situated along the Columbia River in Clatskanie, Oregon, the site is located on land leased under a long-term agreement from the Port of St. Helens. In November 2012, the facility began transloading unit trains of crude oil.
“This transaction capitalizes on our advantaged logistics and enables Global to supply cost-competitive crude and ethanol to refiners and customers on the West Coast,” said Eric Slifka, Global’s president and chief executive officer. “From our origination hub in the Bakken region of North Dakota, we will now have destination assets on both coasts. The Oregon site is linked via BNSF to the Basin Transload facility in Beulah, North Dakota while our Albany, NY terminal is connected via single line haul on Canadian Pacific to the Basin Transload location in Columbus, North Dakota. This facility also creates a link between the Western Canadian Sedimentary Basin and Pacific refiners. With the pending closing of our Basin Transload acquisition this quarter, these new assets increase our capability to transport crude from the U.S. and Canadian mid-continent and extend our virtual pipeline to the West.”
“Because certain regions of the West Coast energy market have limited pipeline access, the dynamics of sourcing and logistics for PADD V refiners and customers are comparable to those we see in the Northeast,” Slifka said. “As we have demonstrated to those customers, we believe that we can apply our rail and marine expertise to meet the demand for crude and ethanol on the West Coast. Given the 3.3 million barrels a day of crude refining capacity in PADD V, this facility represents an opportunity for Global to drive additional product volumes and enhance margins.”
Global’s purchase of Cascade Kelly Holdings, which has been approved by the Board of Directors of the Partnership’s general partner, Global GP LLC, is subject to customary regulatory approvals and various other customary commercial closing conditions. The purchase is expected to be completed by the end of the current quarter and is expected to be accretive to unit holders in its first full year of operation.
In addition to this transaction, this quarter Global expects to close its pending acquisition of a 60% interest in Basin Transload, LLC for approximately $80 million. To finance these transactions, Global has arranged a $115 million increase in its bank credit facility and has secured a senior unsecured five-year note of up to $70 million from funds managed by GSO Capital Partners LP, the credit arm of The Blackstone Group.
ciciagt
13年前
From today's news release:
"Global Partners today announced that it is providing 2013 EBITDA guidance in the range of $175 million to $190 million. The Partnership previously provided 2012 EBITDA guidance in November 2012 of $115 million to $130 million. The Partnership’s guidance is based on its current business outlook as well as assumptions regarding market conditions, including demand for petroleum products and renewable fuels, weather, credit markets and the forward product pricing curve, which will influence financial results.
“We are entering 2013 with considerable momentum on a number of fronts,” said Slifka. “Our expected growth in annual EBITDA for 2013 is the result of a combination of organic growth projects, strategic acquisitions and new contract business. Going forward, we will benefit from the expansion of logistics assets in North Dakota and bringing online our new Albany propane storage facility. We also will benefit from a full year of contributions from Alliance Energy, which we acquired in March 2012, and the addition of Basin Transload following the expected completion of that transaction in the first quarter. In terms of new contract business, our growth will be supported by our recently announced long-term unitary lease with Getty Realty Corp., our ongoing management services and supply agreement with Getty Realty, and the Phillips 66 contract. We remain confident that the Partnership is well-positioned to capitalize on the many opportunities in the dynamic and rapidly evolving energy market.”
Penny Roger$
14年前
Global Partners LP is a master limited partnership engages in the wholesale and commercial distribution of refined petroleum products and natural gas and renewable fuels and also provides ancillary services to companies. The Company sells its refined petroleum products in two segments: Wholesale and Commercial. It owns, controls or has access to the terminal networks of refined petroleum products in Massachusetts, Maine, Connecticut, Vermont, New Hampshire, Rhode Island, New York, New Jersey and Pennsylvania (collectively, the Northeast). It owns and supplies fuel to 190 Mobil-branded retail gas stations (38 leased properties and 152 fee properties) in New England and supply Mobil-branded fuel to an additional 31 independently-owned stations. On September 30, 2010, acquired retail gas stations and supply rights from ExxonMobil Corporation. On June 2, 2010, it acquired of three refined petroleum products terminals located in Newburgh, New York from Warex Terminals Corporation.
http://www.google.com/finance?q=GLP