GLP stock icon

Global Partners
GLP

$40.86
1.4%

Market Cap: 1.39B

 

About: Global Partners LP is an U.S.-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.

Employees: 5,060

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

121% more call options, than puts

Call options by funds: $5.14M | Put options by funds: $2.33M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]

5% more capital invested

Capital invested by funds: $542M [Q4 2023] → $570M (+$27.7M) [Q1 2024]

5% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 19

1% more funds holding

Funds holding: 101 [Q4 2023] → 102 (+1) [Q1 2024]

0.23% more ownership

Funds ownership: 37.86% [Q4 2023] → 38.09% (+0.23%) [Q1 2024]

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

Research analyst outlook

We haven’t received any recent analyst ratings for GLP.

Financial journalist opinion