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Global Partners LP

Global Partners LP purchases, sells, gathers, blends, stores, and transports gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. It operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors, transporting products by railcars, barges, trucks, and/or pipelines. The GDSO segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers, operates convenience stores and prepared food sales, provides car wash, lottery, and ATM services, and leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to public sector customers, and sells custom blended fuels. The company also transports petroleum products and renewable fuels by rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

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United States
GLP▲

Global Partners declares $0.78 quarterly dividend

Global Partners declared a quarterly dividend of $0.78 per share, in line with the previous payout. The dividend is payable on August 14 to shareholders of record as of August 10, with an ex-dividend date of August 10. The forward yield is 6.22%.
GLP · Capital · Positive Declares $0.78 quarterly dividend, maintaining payout with 6.22% forward yield.
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United States
GLP▲2

Global Partners LP reports record Q2 net income of $71 million

Global Partners LP reported second-quarter 2026 net income of $71 million, up from $25.2 million a year earlier, driven by strong fuel margins and favorable market conditions. Adjusted EBITDA rose to $148.2 million from $98.2 million, while distributable cash flow reached $92.6 million, providing distribution coverage of 2.25 times. The gasoline distribution and station operations segment product margin increased $37.3 million to $245.2 million, with fuel margin up 14 cents to 50 cents per gallon. The wholesale segment product margin grew $14.8 million to $106.5 million, and the commercial segment added $4.4 million to reach $10.5 million. The company also redeemed all outstanding 9.5% Series B preferred units on July 30, simplifying its capital structure.
GLP · Capital · Positive Record Q2 net income and strong margins drive positive earnings report.
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GLP

Global Partners to report Q2 earnings with consensus EPS estimate of $1.24

Global Partners is scheduled to announce its second-quarter earnings results on Friday, August 7th, before market open. The consensus EPS estimate is $1.24, representing a 125.5% increase year-over-year, while the consensus revenue estimate is $7.51 billion, up 62.2% year-over-year. Over the last year, the company has beaten EPS estimates 75% of the time and revenue estimates 25% of the time.
GLP · Capital · Neutral Q2 earnings report upcoming; consensus estimates show strong growth but past revenue misses create uncertainty.
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GLP▲

Global Partners raises dividend by 2.6% to $0.78

Global Partners declared a quarterly dividend of $0.78 per share, a 2.6% increase from the prior dividend of $0.76. The forward yield is 6.32%. The dividend is payable on August 14 to shareholders of record on August 10, with an ex-dividend date of August 10.
GLP · Capital · Positive Global Partners raised its quarterly dividend by 2.6% to $0.78 per share, a direct financial event benefiting shareholders.
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GLP

Global Partners Nears Earnings as Narrative Fair Value Suggests 6% Overvaluation

Global Partners is set to release its second quarter 2026 financial results before the market opens on August 7, with a management-hosted conference call later that morning. The stock recently traded at $48.38, reflecting a 9.75% gain over the past 30 days and a five-year total shareholder return of 168.22%. One widely followed narrative fair value estimate places the stock at $45.50, implying it is about 6% overvalued, while a separate discounted cash flow model suggests a value of $115.12, or roughly 58% above the current price. The narrative valuation assumes an 8.26% discount rate and factors in acquisitions, divestments, and demographic trends that are expected to support revenue stability and margin improvement, though risks include weaker fuel demand and tighter carbon regulations.
GLP · Capital · Neutral Article discusses fair value estimates suggesting 6% overvaluation vs. DCF implying 58% upside, with upcoming earnings; mixed signals.
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GLP▲

Global Partners LP to Fully Redeem $75 Million Series B Preferred Units

Global Partners LP announced it will redeem all $75 million of its 3 million outstanding Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units. The redemption date is July 30, 2026, at a price of $25.00 per share plus accrued and unpaid distributions. After redemption, the units will cease trading on the New York Stock Exchange under the symbol GLP pr B. The company also provided withholding guidance for non-U.S. investors and brokers.
GLP · Capital · Positive Company redeems preferred units at par, a capital event that reduces future dividend obligations.
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Global Partners Surges 6.9% on Insider Purchase and Strong Earnings

Global Partners LP shares soared 6.9% in the last trading session to close at $46.08, driven by strong investor sentiment following a significant insider purchase by its general partner, Global GP LLC. The acquisition of 10,000 common units worth roughly $430,000 signaled management's confidence in the partnership's outlook. The rally was further supported by robust first-quarter 2026 results, including EPS of $1.85 that far exceeded expectations, strong cash generation, and growing cash distributions. Favorable energy market conditions and confidence in payout sustainability also added to the stock's momentum. The company is expected to post quarterly earnings of $1.24 per share in its upcoming report, representing a year-over-year change of plus 125.5%, with revenues expected to be $7.51 billion, up 62.2% from the year-ago quarter.
GLP · Capital · Positive Strong Q1 earnings beat, insider purchase, and raised distributions
Global GP LLC · Capital · Positive Insider purchase by Global GP LLC signals confidence
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