Global Partners LP GLP
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.
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News
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Global Partners Announces Cash Distribution on Series B Preferred Units
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FTC Approves of Global Partners' Revision to Gulf Terminal Purchase — OPIS
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Global Partners LP Completes Acquisition of Four Liquid Energy Terminals from Gulf Oil
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Global Partners LP Announces Full Redemption of Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
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Global Partners Unveils New Brand Identity with Focus on Commitment to Innovation and the Energy Transition
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Global Partners LP Provides Update on Expected Availability of 2023 Tax Packages
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Global Partners LP Files 2023 Annual Report on Form 10-K
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Global Partners LP Reports Fourth-Quarter and Full-Year 2023 Financial Results
Trading Information
- Previous Close Price
- $46.10
- Day Range
- $45.11–46.67
- 52-Week Range
- $27.07–49.50
- Bid/Ask
- $18.50 / $73.98
- Market Cap
- $1.57 Bil
- Volume/Avg
- 136,757 / 145,956
Key Statistics
- Price/Earnings (Normalized)
- 12.31
- Price/Sales
- 0.09
- Dividend Yield (Trailing)
- 5.87%
- Dividend Yield (Forward)
- 6.06%
- Total Yield
- 5.96%
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
- Website
- https://www.globalp.com
Comparables
Valuation
|
Metric
|
GLP
|
NGL
|
603353
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.31 | 18.12 | — |
Price/Book Value | 2.33 | 1.54 | 1.60 |
Price/Sales | 0.09 | 0.10 | 0.83 |
Price/Cash Flow | 5.56 | 1.77 | 10.92 |
Price/Earnings
GLP
NGL
603353
Financial Strength
|
Metric
|
GLP
|
NGL
|
603353
|
|---|---|---|---|
Quick Ratio | 0.59 | 0.93 | 1.62 |
Current Ratio | 1.12 | 1.23 | 3.09 |
Interest Coverage | 2.88 | 1.27 | 4.73 |
Quick Ratio
GLP
NGL
603353
Profitability
|
Metric
|
GLP
|
NGL
|
603353
|
|---|---|---|---|
Return on Assets (Normalized) | 5.10% | 2.15% | 2.09% |
Return on Equity (Normalized) | 24.72% | 26.93% | 2.82% |
Return on Invested Capital (Normalized) | 10.83% | 8.72% | 2.92% |
Return on Assets
GLP
NGL
603353
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