Earnings summaries and quarterly performance for GLOBAL PARTNERS.
Research analysts who have asked questions during GLOBAL PARTNERS earnings calls.
Recent press releases and 8-K filings for GLP.
Global Partners LP Declares Q4 2025 Cash Distribution
GLP
Dividends
- Global Partners LP's Board of Directors declared a cash distribution of $0.7600 per unit for the fourth quarter of 2025, covering the period from October 1, 2025, through December 31, 2025, which is $3.04 per unit on an annualized basis.
- The distribution will be paid on February 13, 2026, to unitholders of record as of the close of business on February 9, 2026.
- For non-U.S. investors, 100% of the distributions are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent, as they are considered attributable to income effectively connected with a U.S. trade or business.
8 days ago
Global Partners LP Reports Q3 2025 Results with Increased Sales and Net Income Decline
GLP
Earnings
New Projects/Investments
- Global Partners LP reported third-quarter 2025 revenues of approximately $4.7 billion, driven by higher volumes and pricing, but experienced a decrease in net income to $29 million from $45.9 million in the previous year.
- The company's EBITDA and adjusted EBITDA declined from 2024 levels, and it faced lower fuel margins in its Gasoline Distribution and Station Operations segment.
- Global Partners LP has outlined a capital expenditure plan for 2025 ranging from $85 million to $105 million, with a focus on expanding marine fuel operations.
- Analysts maintain a 'Hold' rating on GLP stock, with a median 12-month price target of $53.
Nov 8, 2025, 3:18 AM
Global Partners Announces Q3 2025 Financial Results and Distribution Increase
GLP
Earnings
Dividends
New Projects/Investments
- Global Partners reported Net Income of $29 million and Adjusted EBITDA of $98.8 million for Q3 2025, compared to $45.9 million and $114 million respectively in Q3 2024.
- The company declared a quarterly cash distribution of $0.7550 per common unit, marking its 16th consecutive quarterly increase, with trailing 12-month distribution coverage of 1.64 times as of September 30th.
- The wholesale segment experienced strong performance in Q3 2025 due to favorable gasoline market conditions and terminal network expansion, and the company expanded its marine fuel supply operations into the Port of Houston.
- For the full year, Global Partners anticipates maintenance capital expenditures of $45 million-$55 million and expansion capital expenditures of $40 million-$50 million (excluding acquisitions).
- Leverage, defined as funded debt to EBITDA, stood at 3.6 times as of September 30th, 2025. The company also observed continued pressure on the lower-end consumer.
Nov 7, 2025, 3:00 PM
Global Partners LP Reports Third-Quarter 2025 Financial Results
GLP
Earnings
Dividends
Demand Weakening
- Global Partners LP reported net income of $29.0 million, or $0.66 per diluted common limited partner unit, for the third quarter of 2025, a decrease from $45.9 million, or $1.17 per diluted common limited partner unit, in the same period of 2024.
- Adjusted EBITDA was $98.8 million in the third quarter of 2025, down from $114.0 million in the third quarter of 2024.
- Total sales increased to $4.7 billion in Q3 2025 from $4.4 billion in Q3 2024, while gross profit decreased to $271.4 million from $286.0 million over the same period.
- The Wholesale segment showed strong performance with product margin of $78.0 million in Q3 2025, up from $71.1 million in Q3 2024, while the Gasoline Distribution and Station Operations segment experienced lower fuel margins, with product margin decreasing to $218.9 million from $237.7 million.
- Global Partners announced a cash distribution of $0.7550 per unit for the period from July 1, 2025, through September 30, 2025, which will be paid on November 14, 2025.
Nov 7, 2025, 1:10 PM
Global Partners Reports Third-Quarter 2025 Financial Results
GLP
Earnings
Dividends
Demand Weakening
- Global Partners reported net income of $29.0 million and diluted net income per common limited partner unit of $0.66 for the third quarter of 2025, a decrease from $45.9 million and $1.17, respectively, in the same period of 2024.
- Adjusted EBITDA was $98.8 million in Q3 2025, down from $114.0 million in Q3 2024.
- The company's gross profit for Q3 2025 was $271.4 million, compared to $286.0 million in Q3 2024.
- Total sales increased to $4.7 billion in the third quarter of 2025, up from $4.4 billion in the same period of 2024.
- Global Partners announced a cash distribution of $0.7550 per unit for the period from July 1, 2025, through September 30, 2025, payable on November 14, 2025.
Nov 7, 2025, 1:00 PM
Global Partners Declares Quarterly Dividend Amid Expansion Efforts
GLP
Dividends
New Projects/Investments
- Global Partners (NYSE:GLP) declared a quarterly dividend of $0.75 per share, maintaining a strong yield of 6.67%.
- The company is actively working to optimize its portfolio and expand through terminal acquisitions.
- Despite recent earnings contraction, reporting a GAAP EPS of $0.55 and revenues of $4.63 billion, Global Partners operates an extensive network of 55 liquid energy terminals.
- Global Partners' stock is trading below analyst target prices ($46.16 closing price vs. $53 fair value), indicating cautious investor sentiment despite strategic growth initiatives.
Oct 28, 2025, 1:20 PM
GIC Considers Investment in Goodman Data Centers
GLP
New Projects/Investments
M&A
- Singapore's sovereign wealth fund GIC is actively considering a proposal to invest in the data center assets owned by Australian property firm Goodman Group.
- Goodman Group, with a market capitalization of approximately A$69 billion (US$45 billion or S$57 billion), has been expanding its global data center network.
- Goodman claims a global power bank of 5GW across 13 cities, with 2.7GW secured and 2.3GW in advanced stages of procurement for its data center projects.
- This potential investment aligns with GIC's diversified history of investing in digital infrastructure globally, including stakes in various data center platforms.
Aug 25, 2025, 9:46 PM
Quarterly earnings call transcripts for GLOBAL PARTNERS.
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