Global Partners LP

GLP · NYSE

$50.20+$1.25 (+2.55%)TodayMarket closed ·
Prev close $48.95

About GLP

Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. The company is headquartered in Waltham, Massachusetts and currently employs 3,265 full-time employees. The company went IPO on 2005-09-29. The firm operates or maintains storage at 54 liquid energy terminals with connectivity to rail, pipeline, and marine assets spanning from Maine to Florida and into the United States Gulf States. The company distributes gasoline, distillates, residual oil, and renewable fuels. The Company’s segments include Wholesale, Gasoline Distribution and Station Operations (GDSO) and Commercial. The Wholesale segment is engaged in the logistics of selling, gathering, blending, storing and transporting refined petroleum products, gasoline blend stocks, renewable fuels, crude oil and propane. The GDSO segment includes sales of branded and unbranded gasoline to gasoline station operators and sub-jobbers. The Commercial segment includes sales and deliveries of unbranded gasoline, home heating oil, diesel, kerosene, residual oil and bunker fuel.

Employees
3,265
Headquarters
Waltham, Massachusetts
Listed
Sep 29, 2005
Sector
Energy
Industry
Oil, Gas & Consumable Fuels

Leadership

Global Partners LP executives
NameTitleSince
Eric Slifka—2005
Thomas Jalkut—2025
Gregory Hanson——
Mark Romaine——
Matthew Spencer——
Kristin Seabrook——
John Hailer——
Clare Mcgrory——
Robert Owens——
Jaime Pereira——
Scott Solomon—2020

Revenue by product and region

Fiscal year ended Dec 31, 2017: $8.92B total revenue

By product

  • Represents the details pertaining to Wholesale Segment of the entity.$4.29B48.1%
  • Represents information pertaining to Gasoline Distribution and Station Operations Segment of the entity.$3.79B42.4%
  • Represents the details pertaining to gasoline.$3.43B38.5%
  • Represents the details pertaining to gasoline and gasoline blendstocks.$2.10B23.5%
  • Represents the details pertaining to other oils and related products, which primarily consist of distillates, residual oil and crude oil.$1.73B19.3%
  • Other$1.66B18.6%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Global Partners LP suppliers and customers
CompanyRelationshipCorrelation
Phillips 66 PSXSupplier and customer0.79
Exxon Mobil XOMSupplier and customer0.78
Chevron CVXSupplier and customer0.72
Williams Cos WMBSupplier0.71
Valero Energy VLOSupplier and customer0.68
Marathon Petroleum MPCSupplier0.67
BP BP.LSupplier and customer0.66
Sunoco LP SUNSupplier and customer0.63
Northwest Natural NWNSupplier0.34
Star Group SGUCustomer0.22

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