Global Partners Lp Stock Today

GLP Stock  USD 47.20  0.80  1.67%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Global Partners is selling at 47.20 as of the 16th of October 2024; that is 1.67% down since the beginning of the trading day. The stock's last reported lowest price was 46.88. Global Partners has under 5 % chance of experiencing financial distress over the next 2 years and had a ok performance during the last 90 days. Equity ratings for Global Partners LP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of September 2024 and ending today, the 16th of October 2024. Click here to learn more.
Business Domain
Energy
IPO Date
29th of September 2005
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. The company has 33.8 M outstanding shares of which 738.53 K shares are currently shorted by investors with about 10.26 days to cover. More on Global Partners LP

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Global Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRichard Slifka
Thematic IdeaWholesale (View all Themes)
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Wholesale, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover6.74.6689
Way Up
Slightly volatile
Gross Profit Margin0.02980.0312
Sufficiently Down
Slightly volatile
Total Current Liabilities702.7 M982.8 M
Way Down
Slightly volatile
Non Current Liabilities Total999.7 M1.7 B
Way Down
Slightly volatile
Total Assets1.9 B3.5 B
Way Down
Slightly volatile
Total Current Assets923.6 M1.1 B
Fairly Down
Very volatile
Debt Levels
Global Partners can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Partners' financial leverage. It provides some insight into what part of Global Partners' total assets is financed by creditors.
Liquidity
Global Partners LP has 1.54 B in debt with debt to equity (D/E) ratio of 2.06, meaning that the company heavily relies on borrowing funds for operations. Global Partners LP has a current ratio of 1.13, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Global to invest in growth at high rates of return.

Net Income

149.73 Million
Global Partners LP (GLP) is traded on New York Stock Exchange in USA. It is located in 800 South Street, Waltham, MA, United States, 02454-9161 and employs 3,485 people. Global Partners is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.6 B. Global Partners LP runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 33.8 M outstanding shares of which 738.53 K shares are currently shorted by investors with about 10.26 days to cover. Global Partners LP has about 4.04 M in cash with 512.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Global Partners Probability Of Bankruptcy
Ownership Allocation
Global Partners LP has a total of 33.8 Million outstanding shares. 30% of Global Partners LP outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Global Ownership Details

Global Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
153.9 K
Blackstone Inc2024-06-30
137.2 K
Proficio Capital Partners Llc2024-06-30
125 K
Raymond James Finl Svs Advisors, Inc.2024-06-30
113.7 K
Bnp Paribas Arbitrage, Sa2024-06-30
104.8 K
Infrastructure Capital Advisors, Llc2024-06-30
89.5 K
Hrt Financial Llc2024-06-30
74.2 K
First Trust Advisors L.p.2024-06-30
63.1 K
Cascade Investment Group Inc2024-06-30
53.3 K
Alps Advisors Inc2024-06-30
4.6 M
Amvescap Plc.2024-06-30
2.6 M
View Global Partners Diagnostics

Global Partners Historical Income Statement

At this time, Global Partners' Income Tax Expense is relatively stable compared to the past year. As of 10/16/2024, Net Income Applicable To Common Shares is likely to grow to about 412 M, while Gross Profit is likely to drop slightly above 408.9 M. View More Fundamentals

Global Stock Against Markets

Global Partners Corporate Directors

David McKownIndependent Director of the General PartnerProfile
Kenneth WatchmakerIndependent Director of the General PartnerProfile
Daphne FosterChief Financial Officer, Director of the General PartnerProfile
John HailerIndependent Director of the General PartnerProfile

Additional Tools for Global Stock Analysis

When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.