NYSE: GLP
Last close prices updated as of
Jan 30, 2023, 4:10 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 35.85
- Sector Energy
- Industry Oil & Gas Midstream
- Investment Style Small Blend
- Day Range 35.44 – 37.00
- Year Range 20.23 – 37.00
- Market Cap 1.2123 Bil
- Volume / Avg 131,982.0 / 258,121.4
- Price / Sales 0.07
- Price / Book 1.63
- Forward Div Yield 7.55%
- Trailing Div Yield 6.76%
Morningstar‘s Stock Analysis GLP
Valuation
Currency in —
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1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile GLP
Business Description
Global Partners LP is an us-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.
FAQs for Global Partners LP Stock
Yes. GLP has a forward dividend yield of 7.55%.
See
GLP’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
GLP’s market cap is 1.21 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
GLP’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
GLP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare GLP’s historical performance against its industry peers and the overall market.