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Global Partners LP GLP

Morningstar Rating
$44.33 −0.90 (1.99%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GLP is trading at a 43% premium.
Price
$45.17
Fair Value
$52.84
Uncertainty
High
1-Star Price
$87.62
5-Star Price
$46.71
Economic Moat
Hmbb
Capital Allocation
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News

Trading Information

Previous Close Price
$45.23
Day Range
$44.1246.01
52-Week Range
$27.0749.50
Bid/Ask
$40.32 / $44.25
Market Cap
$1.51 Bil
Volume/Avg
108,696 / 90,705

Key Statistics

Price/Earnings (Normalized)
17.26
Price/Sales
0.09
Dividend Yield (Trailing)
6.12%
Dividend Yield (Forward)
6.28%
Total Yield
6.12%

Company Profile

Global Partners LP is an U.S.-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Small Value
Total Number of Employees
5,060

Comparables

Valuation

Metric
GLP
NGL
603353
Price/Earnings (Normalized)
17.2617.9051.60
Price/Book Value
2.461.521.65
Price/Sales
0.090.100.84
Price/Cash Flow
6.051.75
Price/Earnings
GLP
NGL
603353

Financial Strength

Metric
GLP
NGL
603353
Quick Ratio
0.650.931.09
Current Ratio
1.171.232.93
Interest Coverage
2.351.275.24
Quick Ratio
GLP
NGL
603353

Profitability

Metric
GLP
NGL
603353
Return on Assets (Normalized)
3.97%2.15%2.33%
Return on Equity (Normalized)
19.79%26.93%3.10%
Return on Invested Capital (Normalized)
9.33%8.72%3.03%
Return on Assets
GLP
NGL
603353
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Oil & Gas Midstream Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ENB
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EPD
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ET
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WMB
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OKE
ONEOK IncXqvdbhvbVlkccp$48.2 Bil
KMI
Kinder Morgan Inc Class PRsyfzfyNprvjp$44.0 Bil
MPLX
MPLX LP Partnership UnitsFwmnsgzlMqtfxlp$41.3 Bil
TRP
TC Energy CorpWvrzxbjnJmdwln$40.4 Bil
LNG
Cheniere Energy IncFbxwljvzVvwx$36.6 Bil
TRGP
Targa Resources CorpKybnbgprnWkll$26.1 Bil

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