Global Partners (GLP) Acquires Gulf Oil Terminals Worth $212M [Yahoo! Finance]
Global Partners LP Global Partners LP Common Units representing Limited Partner Interests (GLP)
Last global partners lp global partners lp common units representing limited partner interests earnings: 3/6 08:00 am
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Source: Yahoo! Finance
The partnership mentioned that the strategic locations of the acquired terminals will aid GLP's position in key areas of the energy economy of the Northeast United States. The terminals are located in Chelsea, MA; New Haven, CT; and Linden and Woodbury, NJ. These terminals, which boast a combined shell capacity of 3 million barrels, will allow Global Partners to expand its storage capacity and ability to distribute gasoline, distillates and ethanol. The partnership also noted that the transaction was aligned with its overall strategy of acquiring and investing in assets that would allow it to leverage its integrated network in high-demand markets. The newly acquired terminals are perfectly aligned with Global Partners' network expansion strategy. The terminals located in Linden and Woodbury, NJ, allow the partnership to access new markets. The addition of the New Haven terminal enhances the gasoline capabilities of Global Partners' terminal portfolio in Connecticut. Furthermore,
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News
- Global Partners LP (GLP) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Global Partners Declares First-Quarter 2024 Cash Distribution of $0.7100 on Common UnitsBusiness Wire
- Global Partners LP to Host First-Quarter 2024 Financial Results Conference Call on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- Global Partners LP to Host First-Quarter 2024 Financial Results Conference Call on May 8, 2024Business Wire
- Global Partners LP (NYSE: GLP) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
GLP
Earnings
- 2/28/24 - Beat
GLP
Sec Filings
- 4/25/24 - Form 15-12G
- 4/25/24 - Form 8-K
- 4/15/24 - Form 25-NSE
- GLP's page on the SEC website