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: $13.07 USD

0.12 (0.93%)

Updated Aug 11 2:45pm

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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 98.31% of US listed stocks.
  • With a price/earnings ratio of 5.13, Global Partners Lp P/E ratio is greater than that of about merely 4.79% of stocks in our set with positive earnings.
  • With a price/sales ratio of 0.04, Global Partners Lp has a higher such ratio than just 0.92% of stocks in our set.
  • Stocks that are quantitatively similar to GLP, based on their financial statements, market capitalization, and price volatility, are QUAD, BHC, SUN, TRIB, and AXL.
  • 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 Daily Price Range
GLP 52-Week Price Range

GLP Stock Price Chart Technical Analysis Charts


GLP Price/Volume Stats

Current price $13.07 52-week high $20.95
Prev. close $12.95 52-week low $6.30
Day low $12.68 Volume 134,651
Day high $13.13 Avg. volume 168,193
50-day MA $10.36 Dividend yield 14.21%
200-day MA $14.59 Market Cap 444.31M

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:
$13.07$121.02 841%

We started the process of determining a valid price forecast for Global Partners Lp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Global Partners Lp ranked in the 84th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for GLP, they are:

  • The company's balance sheet shows it gets 23% of its capital from equity, and 77% of its capital from debt. Notably, its equity weight is greater than merely 24.73% of US equities in the Energy sector yielding a positive free cash flow.
  • Global Partners Lp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 24.82% of tickers in our DCF set.
  • Global Partners Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%823%
1%832%
2%841%
3%850%
4%860%
5%869%

MRC, LBRT, GPRK, SGU, and PAA 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 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

Global Partners Announces Series A Preferred Unit Distribution

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from May 15, 2020 through August 14, 2020. This distribution will be payable on August 17, 2020 to holders of record as of the opening of business on August 3, 2020. Non-U.S. Withholdi

Business Wire | July 20, 2020

Global Partners Announces Common Unit Repurchase Program to Meet Obligations Under Its Long-Term Incentive Plan

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) announced today that the Board of Directors of the general partner (the “General Partner”) authorized the General Partner to repurchase up to 250,000 of the Partnership’s common units from time to time, in one or more open-market transactions, including block trades, or in privately negotiated transactions. Any common units repurchased by the General Partner will be used to meet the General

Business Wire | June 24, 2020

Global Partners LP -- Moody's affirms Global Partners' B1 CFR; changes outlook to negative

Moody's Investors Service ("Moody's") affirmed Global Partners LP's (GLP) Corporate Family Rating (CFR) at B1, Probability of Default Rating (PDR) at B1-PD and senior unsecured notes ratings at B2. "The change in GLP's outlook to negative reflects our expectation that credit metrics will weaken because of decreased volumes in 2020," said Jonathan Teitel, a Moody's Assistant Vice President and Analyst.

Yahoo | June 3, 2020

Is Global Partners LP (GLP) A Good Stock To Buy?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

Yahoo | May 27, 2020

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GLP Price Returns

1-mo 42.97%
3-mo 41.32%
6-mo -24.42%
1-year -22.84%
3-year 8.11%
5-year -22.87%
YTD -26.26%
2019 37.24%
2018 8.07%
2017 -5.20%
2016 25.90%
2015 -42.46%

GLP Dividends

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Continue Researching GLP

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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