Global Partners LP

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51.52
1.06 (2.10%)
At close: Jan 28, 2025, 1:58 PM

Company Description

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York.

The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada.

Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distributors.

It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners.

The company's Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations.

Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels.

As of December 31, 2021, the company had a portfolio of 1,595 owned, leased, and supplied gasoline stations, which included 295 directly operated convenience stores; and owned, leased, or maintained storage facilities at 26 bulk terminals with a collective storage capacity of 11.9 million barrels.

Global GP LLC serves as the general partner of the company.

The company was incorporated in 2005 and is based in Waltham, Massachusetts.

Global Partners LP
Global Partners LP logo
Country United States
IPO Date Sep 29, 2005
Industry Oil & Gas Midstream
Sector Energy
Employees 3,485
CEO Eric S. Slifka

Contact Details

Address:
800 South Street
Waltham, Massachusetts
United States
Website https://www.globalp.com

Stock Details

Ticker Symbol GLP
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001323468
CUSIP Number 37946R109
ISIN Number US37946R1095
Employer ID 74-3140887
SIC Code 5171

Key Executives

Name Position
Eric S. Slifka President, Chief Executive Officer & Vice Chairman of Global GP LLC
Gregory B. Hanson Chief Financial Officer of Global GP LLC
Lorraine Spadaro Chief Information Officer
Mark A. Romaine Chief Operating Officer of Global GP LLC
Maura McDonough Chief People Officer
Sean T. Geary Chief Legal Officer & Secretary
Catie Kerns Vice President of Communications & SVP of Corporate Affairs
Matthew Spencer Chief Accounting Officer of Global GP LLC
Philip Segaloff Senior Associate General Counsel
Scott Solomon Vice President of Investor Relations

Latest SEC Filings

Date Type Title
Jan 13, 2025 8-K Current Report
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing
Jan 07, 2025 4 Filing