Global Partners Reports Second-Quarter 2019 Financial Results
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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phx.corporate-ir.net/phoenix.zhtml?c=190320&p=irol-irhome
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Source: Business Wire
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today reported financial results for the second quarter ended June 30, 2019.“We continued our solid performance in the second quarter, highlighted by a product margin increase of approximately 16% in our Gasoline Distribution and Station Operations (GDSO) segment,” said President and Chief Executive Officer Eric Slifka. “That increase is primarily attributable to the Champlain Oil and Cheshire Oil acquisitions, which closed in July 2018, and to higher GDSO fuel margins.”Financial HighlightsNet income attributable to the Partnership was $14.5 million, or $0.36 per diluted common limited partner unit, for the second quarter of 2019 compared with net income attributable to the Partnership of $6.4 million, or $0.19 per diluted common limited partner unit, for the same period of 2018.Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2019 was $64.0 million compared with $53.1
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News
- Global Partners (NYSE:GLP) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Global Partners (GLP) Dips Following Q3 Results [Yahoo! Finance]Yahoo! Finance
- Global Partners (NYSE:GLP) had its price target lowered by analysts at Stifel Nicolaus from $53.00 to $45.00. They now have a "hold" rating on the stock.MarketBeat
- Rising Sales but Falling Profits for GLP—Is the Margin Squeeze a Strategic Turning Point? [Yahoo! Finance]Yahoo! Finance
- Global Partners (NYSE:GLP) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=GLP&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen<MarketBeat
GLP
Earnings
- 11/7/25 - Miss
GLP
Analyst Actions
- 11/11/25 - Stifel
GLP
Sec Filings
- 12/4/25 - Form 4
- 12/1/25 - Form 4
- 11/25/25 - Form 4
- GLP's page on the SEC website