GLOBAL PARTNERS LP (GLP)

Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes the sale of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.

Address

P.O. BOX 9161
WALTHAM, MA 02454

Founded

2005

Number of Employees

5,060

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$8,580 $3,899 - - - - - - - - - $6,240
Average Price $37.14 $34.80 - - - - - - - - - $36.37
# Shares Purchased 231,052 112,038 - - - - - - - - - 171,545
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 15.8% 23.6% - - - - - - - - - 18.2%
S&P 500 Return to Date 181.9% 173.0% - - - - - - - - - 177.4%
Excess Total Return -166.1% -149.4% - - - - - - - - - -159.2%
Quartile Rank
Percentile Rank 36% 40% - - - - - - - - - 54%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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