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Global Partners LP (GLP)

Upturn stock ratingUpturn stock rating
$54.83
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: GLP (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -13.29%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.82B USD
Price to earnings Ratio 22.15
1Y Target Price 56
Price to earnings Ratio 22.15
1Y Target Price 56
Volume (30-day avg) 68392
Beta 1.51
52 Weeks Range 35.98 - 60.00
Updated Date 04/1/2025
52 Weeks Range 35.98 - 60.00
Updated Date 04/1/2025
Dividends yield (FY) 5.55%
Basic EPS (TTM) 2.41

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.54%
Operating Margin (TTM) 1.41%

Management Effectiveness

Return on Assets (TTM) 4.19%
Return on Equity (TTM) 14.2%

Valuation

Trailing PE 22.15
Forward PE -
Enterprise Value 3815226505
Price to Sales(TTM) 0.11
Enterprise Value 3815226505
Price to Sales(TTM) 0.11
Enterprise Value to Revenue 0.22
Enterprise Value to EBITDA 9.8
Shares Outstanding 33668300
Shares Floating 25096318
Shares Outstanding 33668300
Shares Floating 25096318
Percent Insiders 19.95
Percent Institutions 45.38

Analyst Ratings

Rating 4
Target Price 54
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Global Partners LP

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Company Overview

History and Background

Global Partners LP (GLP) was founded in 1933 as Revere Petroleum. It evolved from a retail gasoline business to a midstream logistics and marketing company. It went public in 2005 and has grown through acquisitions and organic expansion.

Core Business Areas

  • Wholesale: This segment distributes gasoline, distillates, residual oil, and other refined products to gasoline station operators and other retailers.
  • Retail: This segment operates a network of company-operated gasoline stations and convenience stores, primarily under the Alltown Market and convenience plus brands.
  • Commercial: This segment supplies gasoline, heating oil, diesel fuel, kerosene, and propane to commercial and industrial customers.

Leadership and Structure

Eric Slifka is the President and CEO. The company operates as a master limited partnership (MLP).

Top Products and Market Share

Key Offerings

  • Gasoline: Global Partners LP is a significant gasoline distributor in the Northeast. Competitors include major oil companies like ExxonMobil, Shell, and regional distributors. Market share data is fragmented and fluctuates, but GLP holds a notable position, particularly in the Northeast U.S. No specific market share or revenue data is available.
  • Heating Oil: Supplies heating oil to residential and commercial customers. Competitors include regional heating oil suppliers and utilities. Market share data varies by region and is influenced by weather and energy prices. No specific market share or revenue data is available.
  • Convenience Store Merchandise: Sells various convenience store items at its retail locations. Competitors include other convenience store chains like 7-Eleven and Circle K. No specific market share or revenue data is available.

Market Dynamics

Industry Overview

The petroleum distribution industry is characterized by fluctuating prices, seasonality, and dependence on economic conditions. Demand for gasoline and heating oil is influenced by consumer behavior and weather patterns.

Positioning

Global Partners LP is a midstream logistics and marketing company with a strong presence in the Northeast U.S. Its competitive advantages include its extensive network of terminals, storage facilities, and retail outlets.

Total Addressable Market (TAM)

The TAM for petroleum distribution and retail in the Northeast U.S. is estimated to be billions of dollars annually. Global Partners LP is positioned to capture a significant portion of this market through its diversified operations.

Upturn SWOT Analysis

Strengths

  • Extensive terminal network
  • Strategic locations in the Northeast
  • Diversified business segments
  • Established customer base
  • Strong brand recognition in certain markets

Weaknesses

  • Exposure to commodity price volatility
  • Dependence on weather conditions
  • Regulatory risks
  • Capital intensive business
  • MLP structure can complicate financing

Opportunities

  • Expansion into new markets
  • Acquisitions of smaller distributors
  • Increased demand for renewable fuels
  • Development of new retail concepts
  • Leveraging technology to improve efficiency

Threats

  • Increased competition from major oil companies
  • Changes in government regulations
  • Economic downturns
  • Shift towards electric vehicles
  • Cybersecurity threats

Competitors and Market Share

Key Competitors

  • Sunoco LP (SUN)
  • Marathon Petroleum Corporation (MPC)
  • Valero Energy Corporation (VLO)

Competitive Landscape

Global Partners LP competes with major oil companies and independent distributors. Its advantages include its regional focus, established network, and diversified operations. Its disadvantages include its exposure to commodity price volatility and regulatory risks.

Major Acquisitions

Mobil Oil New England

  • Year: 2000
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expanded retail operations and regional presence.

Growth Trajectory and Initiatives

Historical Growth: Global Partners LP has grown through acquisitions and organic expansion of its terminal network and retail operations.

Future Projections: Future growth projections depend on analyst estimates and management guidance. Please consult analyst reports for specific forecasts.

Recent Initiatives: Recent strategic initiatives include expanding its retail presence, investing in renewable energy infrastructure, and improving operational efficiency.

Summary

Global Partners LP is a stable company with a strong regional presence in the Northeast. Its diversified business segments help mitigate risk. The company faces challenges from commodity price volatility and the shift towards electric vehicles, but its established network and strategic locations provide a solid foundation. Future growth depends on successful acquisitions and adaptation to changing energy markets.

Similar Companies

  • SUN
  • AROC
  • MPLX

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data is estimated and may not be precise. Financial performance is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Global Partners LP

Exchange NYSE
Headquaters Waltham, MA, United States
IPO Launch date 2005-09-29
President, CEO & Vice Chairman of Global GP LLC Mr. Eric S. Slifka
Sector Energy
Industry Oil & Gas Midstream
Full time employees 3300
Full time employees 3300

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors. This segment transports the products by railcars, barges, trucks and/or pipelines. The GDSO segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates convenience stores and prepared food sales; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. The company is involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

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