Company

Global Partners LP

Headquarters: Waltham, MA, United States

Founded: 1933

Employees: 2,430

CEO: Mr. Eric S. Slifka

NYSE: GLP +1.18%

Market Cap

$1.46 Billion

USD as of Jan. 1, 2024

history Market Cap History

Global Partners LP market capitalization over time

Evolution of Global Partners LP market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Global Partners LP

Detailed 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.

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Stocks & Indices

Global Partners LP has the following listings and related stock indices.


Stock: NYSE: GLP wb_incandescent

Stock: NYSE: GLP-A wb_incandescent

Key People

Richard Slifka (Chairman) Eric Slifka (CEO) Mark Romaine (COO)

Financials

Revenue: $17.3 billion (2014)

Details

Headquarters:

800 South Street

Suite 500 PO Box 9161

Waltham, MA 02454-9161

United States

Phone: 781-894-8800