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Earnings
Global Partners reports Q1 EPS (20c), consensus (5c) » 08:08
05/07/21
05/07
08:08
05/07/21
08:08
GLP

Global Partners

$26.11 /

-0.745 (-2.77%)

Reports Q1 revenue…

Reports Q1 revenue $2.55B, one estimate $3.57B. Distributable cash flow was $14M in Q1 compared with $22M in the same period of 2020. "With more than one-third of the U.S. now fully vaccinated against COVID-19, and a growing number of businesses reopening, the business landscape is improving and industrywide fuel demand is increasing," said Eric Slifka, Global's president and CEO. "In the first quarter of 2021 our fuel volumes, though still off from the same period in 2020, showed signs of rebounding from COVID lows, while retail fuel margins remained relatively strong despite a significant first-quarter spike in Wholesale gasoline prices, which were up more than 70 cents through mid-March."

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GLP Global Partners
$26.11 /

-0.745 (-2.77%)

GLP Global Partners
$26.11 /

-0.745 (-2.77%)

Hot Stocks
Global Partners increases quarterly cash distribution to 57.5c per share » 08:35
04/26/21
04/26
08:35
04/26/21
08:35
GLP

Global Partners

$21.69 /

-0.11 (-0.50%)

Global Partners announced…

Global Partners announced that the board of directors of its general partner, has increased its quarterly cash distribution by 25c per unit to 57.5c per unit on all of its outstanding common units for the period from January 1 to March 31. The distribution will be paid May 14 to unitholders of record as of the close of business on May 10.

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GLP Global Partners
$21.69 /

-0.11 (-0.50%)

GLP Global Partners
$21.69 /

-0.11 (-0.50%)

Over a quarter ago
Hot Stocks
Global Partners CFO Daphne Foster to retire » 16:06
03/09/21
03/09
16:06
03/09/21
16:06
GLP

Global Partners

$21.13 /

+0.35 (+1.68%)

Global Partners announced…

Global Partners announced that Daphne H. Foster has notified the Board of Directors that she plans to retire as CFO and step down as a member of the board effective August 31, 2021, after more than 14 years with the Partnership. Gregory B. Hanson, Global's Treasurer since 2014, will succeed Foster as CFO effective September 1, 2021. Prior to joining Global in 2013, Hanson served as a Senior Vice President at G.E. Financial Services and RBS Citizens Financial Group.

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GLP Global Partners
$21.13 /

+0.35 (+1.68%)

GLP Global Partners
$21.13 /

+0.35 (+1.68%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
GLP Global Partners
$21.13 /

+0.35 (+1.68%)

Earnings
Global Partners reports Q4 EPS 6c, consensus (17c) » 08:03
03/05/21
03/05
08:03
03/05/21
08:03
GLP

Global Partners

$20.24 /

-0.18 (-0.88%)

Reports Q4 revenue $2.2B,…

Reports Q4 revenue $2.2B, two estimates $2.99B. "Global delivered extraordinary results in 2020, posting net income attributable to the Partnership of $102.2 million, Adjusted EBITDA of $287.7 million and distributable cash flow of $156.4 million - increases in each metric year-over-year," said Eric Slifka, Global's president and CEO.

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GLP Global Partners
$20.24 /

-0.18 (-0.88%)

GLP Global Partners
$20.24 /

-0.18 (-0.88%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
GLP Global Partners
$20.24 /

-0.18 (-0.88%)

Hot Stocks
Global Partners boosts quarterly cash distribution to 55c per unit » 08:41
01/26/21
01/26
08:41
01/26/21
08:41
GLP

Global Partners

$18.86 /

+0.06 (+0.32%)

Global Partners announced…

Global Partners announced today that the Board of Directors of its general partner, Global, has increased its quarterly cash distribution by 5c per unit to 55c per unit, $2.20 per unit on an annualized basis, on all of its outstanding common units for the period from October 1 to December 31. The distribution will be paid February 12 to unitholders of record as of the close of business on February 8.

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GLP Global Partners
$18.86 /

+0.06 (+0.32%)

GLP Global Partners
$18.86 /

+0.06 (+0.32%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
GLP Global Partners
$18.86 /

+0.06 (+0.32%)

Syndicate
Global Partners files $500M mixed securities shelf  16:42
01/21/21
01/21
16:42
01/21/21
16:42
GLP

Global Partners

$18.72 /

+0.39 (+2.13%)

 
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GLP Global Partners
$18.72 /

+0.39 (+2.13%)

GLP Global Partners
$18.72 /

+0.39 (+2.13%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
GLP Global Partners
$18.72 /

+0.39 (+2.13%)

Hot Stocks
Global Partners buys retail fuel, convenience stores from Consumers Petroleum » 08:36
12/14/20
12/14
08:36
12/14/20
08:36
GLP

Global Partners

$17.92 /

+0.54 (+3.11%)

Global Partners announced…

Global Partners announced the signing of an agreement to purchase the retail fuel and convenience store assets of Connecticut-based Consumers Petroleum of Connecticut, Incorporated. "Building on our history of successful strategic acquisitions, the pending purchase of Wheels is an excellent fit for Global, and expands our retail business in Connecticut," said Global Partners President and CEO Eric Slifka. "The team at Consumers Petroleum has built an impressive brand, with locations along high-traffic routes throughout Connecticut. We are excited about adding these facilities to our portfolio and expect the transaction to be accretive within the first full year of operations." The acquisition includes 27 company-operated gas stations with "Wheels"-branded convenience stores in Connecticut. The transaction also includes fuel supply agreements for approximately 25 gas stations located in Connecticut and New York. The stations market fuel under the Citgo and Sunoco brands. "We are very proud of what we have accomplished and the business we have grown over three generations," said Richard Wiehl, Chairman of Consumers Petroleum/Wheels of CT, Inc. "We are excited to see how Global will continue to grow and improve the Wheels assets and feel that we are leaving the company in good hands." The purchase is expected to close in the first half of 2021, subject to regulatory approvals and other customary closing conditions.

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GLP Global Partners
$17.92 /

+0.54 (+3.11%)

GLP Global Partners
$17.92 /

+0.54 (+3.11%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
01/07/20 Wells Fargo
Global Partners downgraded to Underweight at Wells Fargo
GLP Global Partners
$17.92 /

+0.54 (+3.11%)

Earnings
Global Partners reports Q3 EPS 47c, consensus 11c » 08:08
11/05/20
11/05
08:08
11/05/20
08:08
GLP

Global Partners

$15.70 /

+0.61 (+4.04%)

Reports Q3 revenue…

Reports Q3 revenue $2.06B, two estimates $3.02B. "Global continues to perform well despite near-term uncertainties associated with COVID-19," said Eric Slifka, the partnership's president and CEO. "Our vertically integrated portfolio of supply, terminaling storage and retail assets are part of the basic infrastructure necessary to power everyday life and the movement of goods, services and people across all of the markets we serve."

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GLP Global Partners
$15.70 /

+0.61 (+4.04%)

GLP Global Partners
$15.70 /

+0.61 (+4.04%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
01/07/20 Wells Fargo
Global Partners downgraded to Underweight at Wells Fargo
GLP Global Partners
$15.70 /

+0.61 (+4.04%)

Hot Stocks
Global Partners boosts quarterly dividend to 50c per share » 08:39
10/26/20
10/26
08:39
10/26/20
08:39
GLP

Global Partners

$14.31 /

+0.18 (+1.27%)

Global Partners announced…

Global Partners announced that the Board of Directors of its general partner, has increased its quarterly cash distribution by 4.125 cents to 50c per unit, $2.00 per unit on an annualized basis, on all of its outstanding common units for the period from July 1 to September 30. The distribution will be paid November 13, 2020 to unitholders of record as of the close of business on November 9.

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GLP Global Partners
$14.31 /

+0.18 (+1.27%)

GLP Global Partners
$14.31 /

+0.18 (+1.27%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
01/07/20 Wells Fargo
Global Partners downgraded to Underweight at Wells Fargo
GLP Global Partners
$14.31 /

+0.18 (+1.27%)

Earnings
Global Partners reports Q2 EPS $2.17 vs. 36c last year » 08:13
08/06/20
08/06
08:13
08/06/20
08:13
GLP

Global Partners

$12.73 /

+0.44 (+3.58%)

Reports Q2 revenue…

Reports Q2 revenue $1.47B, two estimates $2.55B. "We delivered strong results in the second quarter, reflecting the extreme contango market structure," said Eric Slifka, the Partnership's President and CEO. "Our terminal network enabled us to benefit from a dramatic shift in the forward product pricing curve in Q2, leading to a $73.5 million increase in Wholesale product margin from the same period last year. The Q2 increase sharply contrasts with the nearly $30 million decline in Wholesale segment product margin in the first quarter this year, which reflected less favorable market conditions due in part to the steepening forward curve. In our Gasoline Distribution and Station Operations (GDSO) segment, our second-quarter 2020 results benefited from higher fuel margins that more than offset a year-over-year decline in volume related to COVID-19. Business activity remains below pre-pandemic levels. In comparison with July 2019, in July 2020 retail gas volume was down mid-teens on a percentage basis and convenience store sales were down less than 10%. That said, the extent to which the COVID-19 pandemic may affect our operating results remains uncertain."

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GLP Global Partners
$12.73 /

+0.44 (+3.58%)

GLP Global Partners
$12.73 /

+0.44 (+3.58%)

03/24/20 Barclays
Global Partners upgraded to Equal Weight from Underweight at Barclays
01/29/20 JPMorgan
JPMorgan downgrades four MLPs to Underweight from Neutral
01/29/20 JPMorgan
Global Partners downgraded to Underweight from Neutral at JPMorgan
01/07/20 Wells Fargo
Global Partners downgraded to Underweight at Wells Fargo
GLP Global Partners
$12.73 /

+0.44 (+3.58%)

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