Global Partners LP Global Partners LP Common Units representing Limited Partner Interests (GLP): Price and Financial Metrics


Global Partners LP Global Partners LP Common Units representing Limited Partner Interests (GLP)

Today's Latest Price: $17.11 USD

0.38 (2.27%)

Updated Dec 4 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

GLP Stock Summary

  • Global Partners Lp's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 98.41% of US listed stocks.
  • With a price/earnings ratio of 6.43, Global Partners Lp P/E ratio is greater than that of about only 6.27% of stocks in our set with positive earnings.
  • GLP's price/sales ratio is 0.06; that's higher than the P/S ratio of only 1.48% of US stocks.
  • Stocks that are quantitatively similar to GLP, based on their financial statements, market capitalization, and price volatility, are MUSA, CNR, QUAD, TRIB, and NNBR.
  • Visit GLP's SEC page to see the company's official filings. To visit the company's web site, go to www.globalp.com.

GLP Stock Price Chart Interactive Chart >

Price chart for GLP

GLP Price/Volume Stats

Current price $17.11 52-week high $20.69
Prev. close $16.73 52-week low $6.30
Day low $16.79 Volume 78,180
Day high $17.17 Avg. volume 148,060
50-day MA $15.13 Dividend yield 11.69%
200-day MA $12.27 Market Cap 581.65M

Global Partners LP Global Partners LP Common Units representing Limited Partner Interests (GLP) Company Bio


Global Partners LP distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers in the New England states and New York. It operates in three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The company was founded in 2005 and is based in Waltham, Massachusetts.

GLP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$17.11$31.15 85%

Below please find a table outlining a discounted cash flow forecast for GLP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Global Partners Lp ranked in the 62th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 85.67% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Global Partners Lp, consider:

  • Its compound free cash flow growth rate, as measured over the past 5.65 years, is -0.06% -- higher than only 16.9% of stocks in our DCF forecasting set.
  • 29% of the company's capital comes from equity, which is greater than only 9.72% of stocks in our cash flow based forecasting set.
  • The weighted average cost of capital for the company is 8. This value is greater than merely 16.68% stocks in the Energy sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%81%
1%83%
2%85%
3%87%
4%88%
5%90%

GMLP, TNK, SPNX, DHT, and PDCE can be thought of as valuation peers to GLP, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.


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Latest GLP News From Around the Web

Below are the latest news stories about Global Partners Lp that investors may wish to consider to help them evaluate GLP as an investment opportunity.

Global Partners readies senior notes private offering

Global Partners (GLP) plans to commence a private offering of $350M in principal amount of senior unsecured notes due 2029; co-issued by GLP Finance and guaranteed by certain other subsidiaries of Global.Proceeds to be used for funding the redemption of its 7.00% senior notes due 2023 and to repay a portion...

Seeking Alpha | September 23, 2020

Global Partners LP Announces Private Offering of Senior Notes

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $350 million in aggregate principal amount of senior unsecured notes due 2029 (the “Senior Notes”). The Senior Notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global. Global intends to use the net proceeds from the offering of the Senior Notes to fu

Business Wire | September 23, 2020

Global Partners LP: 14% Yield, 2X Coverage

We've owned Global Partners LP (GLP) common units since the crash of 2008. It has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Like some of the high yield vehicles we've covered in our recent articles, GLP has had...

Double Dividend Stocks on Seeking Alpha | September 4, 2020

Global Partners Declares Increased Cash Distribution on Common Units for the Second Quarter of 2020

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution by 6.5 cents to $0.45875 per unit ($1.835 per unit on an annualized basis) on all of its outstanding common units for the period from April 1 to June 30, 2020. The distribution will be paid August 14, 2020 to unitholders of record as of the close of business on August 10, 2020. Non-U.S. Withholding Inform

Business Wire | July 31, 2020

Global Partners LP to Host Second-Quarter 2020 Financial Results Conference Call on August 6

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its second-quarter 2020 financial results before the market opens on Thursday, August 6, 2020, and host a conference call that morning for investors and analysts. Time: 10:00 a.m. ET Dial-in numbers: (877) 709-8155 (U.S. and Canada) (201) 689-8881 (International) The call also will be webcast live and archived on the Investor Relations section of the Global Partners website, https://ir.globalp

Business Wire | July 23, 2020

Read More 'GLP' Stories Here

GLP Price Returns

1-mo 8.57%
3-mo 43.05%
6-mo 54.28%
1-year 1.67%
3-year 45.54%
5-year 53.80%
YTD -0.40%
2019 37.24%
2018 8.07%
2017 -5.20%
2016 25.90%
2015 -42.46%

GLP Dividends

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Want to see what other sources are saying about Global Partners Lp's financials and stock price? Try the links below:

Global Partners Lp (GLP) Stock Price | Nasdaq
Global Partners Lp (GLP) Stock Quote, History and News - Yahoo Finance
Global Partners Lp (GLP) Stock Price and Basic Information | MarketWatch


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