Global Partners LP (GLP) - Stock Price & Dividends
Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US37946R1095
Global Partners LP, traded on the NYSE under the symbol GLP, operates in the oil and gas industry providing various products and services to customers in the New England states, Mid-Atlantic region, and New York. The company engages in the purchasing, selling, storing, and transportation of gasoline, distillates, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial clients.
Notably, Global Partners LP is active in transporting petroleum products and renewable fuels via rail from the mid-continent region of the United States and Canada. Its Wholesale segment specifically caters to home heating oil retailers and wholesale distributors, offering a range of products like gasoline, diesel, kerosene, and propane. Additionally, the company aggregates crude oil and transports it to refiners through various means like rail and barge.
The Gasoline Distribution and Station Operations segment focuses on selling gasoline to station operators, offering car wash, lottery, and ATM services, and leasing gasoline stations. Moreover, the Commercial segment delivers various fuel products to public sector customers, commercial, and industrial end-users, customizing blends as needed. As of December 31, 2022, the company managed a sizable portfolio of gasoline stations and storage facilities.
Established in 2005 and headquartered in Waltham, Massachusetts, Global Partners LP serves as the general partner of its entities. For more information, you can visit their website at https://www.globalp.com.
Drawdown (Underwater) Chart
GLP Stock Overview
Market Cap in USD | 1,582m |
Sector | Energy |
Industry | Oil & Gas Midstream |
GiC SubIndustry | Oil & Gas Storage & Transportation |
TER | 0.00% |
IPO / Inception | 2005-09-29 |
GLP Stock Ratings
Growth 5y | 8.99 |
Fundamental | -4.39 |
Dividend | 9.86 |
Rel. Performance vs Sector | 2.76 |
Analysts | 4.00/5 |
Fair Price Momentum | 56.58 USD |
Fair Price DCF | 89.48 USD |
GLP Dividends
Yield 12m | 5.75% |
Yield on Cost 5y | 23.17% |
Dividends CAGR 5y | 10.42% |
Payout Consistency | 97.1% |
GLP Growth Ratios
Growth 12m | 65.98% |
Growth Correlation 12m | 75% |
Growth Correlation 3m | -5% |
CAGR 5y | 32.02% |
Sharpe Ratio 12m | 1.79 |
Alpha vs SP500 12m | 41.38 |
Beta vs SP500 5y weekly | 1.03 |
ValueRay RSI | 66.20 |
Volatility GJR Garch 1y | 26.40% |
Price / SMA 50 | 1.94% |
Price / SMA 200 | 25.52% |
Current Volume | 67.8k |
Average Volume 20d | 68.1k |
External Links for GLP Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of April 29, 2024, the stock is trading at USD 47.22 with a total of 67,763 shares traded.
Over the past week, the price has changed by +2.12%, over one month by +6.40%, over three months by +3.81% and over the past year by +65.98%.
According to ValueRays Forecast Model, GLP Global Partners LP will be worth about 61.6 in April 2025. The stock is currently trading at 47.22. This means that the stock has a potential upside of +30.45%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 50 | 5.89 |
Analysts Target Price | 40 | -15.3 |
ValueRay Target Price | 61.6 | 30.5 |