Global Partners (NYSE:GLP) Stock

Global Partners

Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.

Global Partners LP Common Units representing Limited Partner Interests

Global Partners LP

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GALP ENERGIA SA UNSP/ADR by Galp Energia, SA

Galapagos NV - American Depositary Shares

Galapagos NV

Gaming and Leisure Properties, Inc. - Common Stock

Gaming and Leisure Properties Inc

GLP J-REIT

GLOBAL PROFIT TCHS INC FL by Global Profit Technologies, Inc.

Global Profit Technologies Inc

Global Partners LP 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests

Globe Life Inc. 4.25% Junior Subordinated Debentures due 2061

A substantial insider sell was reported on June 26, by Mark Romaine, Chief Operating Officer at Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>), based on the recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001323468/000106299325012160//Archives/edgar/data/1323468/000106299325012160/0001062993-25-012160-index.htm">U.S. Securities and Exchange Commission</a> on Thursday outlined that Romaine executed a sale of 9,000 shares of Global Partners with a total value of $481,949.
Global Partners's shares are actively trading at $52.98, experiencing a down of 0.0% during Friday's morning session.
<h3>About Global Partners</h3>
Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
<h3>Breaking Down Global Partners's Financial Performance</h3>
Revenue Growth: Global Partners's remarkable performance in 3 months is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 10.78%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 5.56%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Global Partners's EPS reflects a decline, falling below the industry average with a current EPS of 0.37.
</li>
</ul>
Debt Management: Global Partners's debt-to-equity ratio stands notably higher than the industry average, reaching 3.09. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 16.87 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.1, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 9.28, Global Partners demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Exploring Key Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001323468">Check Out The Full List Of Global Partners's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Chief Operating Officer Of Global Partners Sold $481K In Stock

Mark Romaine, Chief Operating Officer at Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>), disclosed an insider sell on June 26, according to a recent SEC filing.
What Happened: Romaine opted to sell 9,000 shares of Global Partners, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001323468/000106299325012160//Archives/edgar/data/1323468/000106299325012160/0001062993-25-012160-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $481,949.
Global Partners shares are trading down 0.0% at $51.07 at the time of this writing on Thursday morning.
<h3>All You Need to Know About Global Partners</h3>
Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
<h3>Global Partners: Financial Performance Dissected</h3>
Revenue Growth: Over the 3 months period, Global Partners showcased positive performance, achieving a revenue growth rate of 10.78% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a low gross margin of 5.56%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Global Partners's EPS reflects a decline, falling below the industry average with a current EPS of 0.37.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 3.09, Global Partners faces challenges in effectively managing its debt levels, indicating potential financial strain.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Global Partners's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 16.26.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.1 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 9.12 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001323468">Check Out The Full List Of Global Partners's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Global Partners Chief Operating Officer Trades $481K In Company Stock

Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) ("Global") today announced that it has priced an upsized private offering of $450 million in aggregate principal amount of 7.125% senior unsecured notes due 2033 (the "Senior Notes"). The Senior Notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global. The sale of the Senior Notes is expected to be completed on or about June 23, 2025, subject to customary closing conditions. The Senior Notes will be issued at par.
Global intends to use the net proceeds from the offering of the Senior Notes to fund the purchase of its outstanding $400 million aggregate principal amount of 7.00% senior notes due 2027 (the "2027 Notes") in a cash tender offer (the "Tender Offer") and to repay a portion of the borrowings outstanding under its credit agreement. The Tender Offer is being made pursuant to an Offer to Purchase and Notice of Guaranteed Delivery, each dated June 10, 2025. To the extent the Tender Offer is not completed or is completed but Global purchases less than all of the 2027 Notes in the Tender Offer, Global intends to use any remaining net proceeds from the offering of the Senior Notes to redeem any 2027 Notes that remain outstanding on or about August 1, 2025.

Global Partners Prices Upsized Private Offering Of $450M In Aggregate Principal Amount Of 7.125% Senior Unsecured Notes Due 2033

Global Partners Commences Cash Tender Offer To Purchase Any And All Of Outstanding 7.00% Senior Notes Due 2027

Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) ("Global") today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400 million in aggregate principal amount of senior unsecured notes due 2033 (the "Senior Notes"). The Senior Notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global.
Global intends to use the net proceeds from the offering of the Senior Notes, together with cash on hand, if necessary, to fund the purchase of its outstanding $400 million aggregate principal amount of 7.00% senior notes due 2027 (the "2027 Notes") in a cash tender offer (the "Tender Offer"). The Tender Offer is being made pursuant to an Offer to Purchase and Notice of Guaranteed Delivery, each dated June 10, 2025. To the extent the Tender Offer is not completed or is completed but Global purchases less than all of the 2027 Notes in the Tender Offer, Global intends to use any remaining net proceeds from the offering of the Senior Notes to redeem any 2027 Notes that remain outstanding on or about August 1, 2025.

Global Partners Intends To Commence Private Offering To Eligible Purchasers Of $400M In Aggregate Principal Amount Of Senior Unsecured Notes Due 2033

Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) announces with deep sadness the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership's general partner, Global GP LLC. Mr. Slifka passed away on May 25, 2025, at the age of 85.
 &nbsp;

Global Partners LP Announces The Passing Of Board Chairman Richard Slifka

U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor <a href="https://www.benzinga.com/markets">appetite for riskier assets.</a>
The S&amp;P 500 jumped 1.3% to close at 5,700, led by gains in technology stocks. The Russell 2000 soared 2.1%, outperforming larger-cap counterparts and fully recovering the losses triggered by the April 2 tariff announcement.
Under the deal, the U.S. slashed tariffs on UK-made vehicles from 25% to 10%, granting British carmakers a 100,000-vehicle quota. In return, the UK reduced tariffs on American beef to near-zero levels and pledged to purchase $10 billion worth of Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) aircraft. Trump confirmed that the 10% tariff would remain the baseline for now, though he suggested other nations with large trade surpluses should expect higher rates.
During a press briefing, Trump hinted at the &#8220;biggest tax cuts in history&#8221; and urged investors to act: "You better go out and buy stock. This country will be like a rocket ship," he said.
The president also responded to Federal Reserve Chair Jerome Powell, who noted a day earlier he hadn't been invited to meet with Trump. "I could call him from a meeting, but it's like talking to a wall," Trump said. 
"He's always too late [in cutting interest rates]. But in this case, it's not going to matter that much because our country is so strong."
Markets reflected that strength. The U.S. dollar rallied sharply as the new trade deal and reduced economic uncertainty boosted confidence. The U.S. Dollar Index (DXY) jumped to its highest level since April 11, climbing over 1% against the Japanese yen.
Treasury yields rose across the curve, with the 10-year yield adding 7 basis points to reach 4.34%.
In commodities, gold prices dropped as investors rotated out of safe havens. The SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) fell 1.5%, trimming its weekly gains. Oil prices rose 3.5%, with West Texas Intermediate crude topping $60 per barrel.
Crypto markets erupted higher. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) broke above $100,000 for the first time since February, rising 4.1%. Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) surged 13%, while Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) gained 10%.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % Chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,030.85</td>
<td>+2.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,218.21</td>
<td>+1.8%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,683.40</td>
<td>+1.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,707.58</td>
<td>+1.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:10 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rallied 1.4% to $569.13.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 1.4% to $416.94.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 1.8% to $491.78.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) soared 2.2% to $201.78.</li>
<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 2.5%; the&nbsp;Health Care&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.4%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included: 
<ul>
<li>Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) down 9.5%</li>
<li>Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) down 0.6%</li>
<li>Corteva Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>) up 6.2%</li>
<li>Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) up 6.3%</li>
<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) up 1.5%</li>
<li>Atmos Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATO#NYSE">ATO</a>) up 0.6%</li>
<li>Fidelity National Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNF#NYSE">FNF</a>) down 7.0%</li>
<li>Western Gas Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>) up 2.9%</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) down 1.85%</li>
<li>ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) up 4.30%</li>
<li>Canadian Natural Resources Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) up 4.93%</li>
<li>Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) up 0.79%</li>
<li>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) up 0.83%</li>
<li>Cenovus Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>) up 8.87%</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) up 4.26%</li>
<li>Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) down 3.44%</li>
<li>Lincoln National Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNC#NYSE">LNC</a>) down 0.60%</li>
<li>PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) up 1.64%</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) up 5.21%</li>
<li>Spectrum Brands Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPB#NYSE">SPB</a>) up 3.81%</li>
<li>Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) down 2.15%</li>
<li>NCR Voyix Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYX#NYSE">VYX</a>) up 15.14%</li>
<li>Owens &amp; Minor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) down 7.16%</li>
</ul>
Stocks slated to report earnings after the close include Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>), Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>), and News Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWSA#NASDAQ">NWSA</a>).
Read now: 
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Wall Street Rallies After US Seals First Trade Deal: 'You Better Go Out And Buy Stock,' Trump Says

Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $(0.03) by 1300 percent. This is a 197.3 percent increase over losses of $(0.37) per share from the same period last year. The company reported quarterly sales of $4.59 billion which missed the analyst consensus estimate of $5.64 billion by 18.58 percent. This is a 10.79 percent increase over sales of $4.14 billion the same period last year.

Earnings

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Global Partners Q1 EPS $0.36 Beats $(0.03) Estimate, Sales $4.59B Miss $5.64B Estimate

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Earnings Scheduled For May 8, 2025

A substantial insider sell was reported on March 25, by Mark Romaine, Chief Operating Officer at Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>), based on the recent SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001323468/000106299325006298//Archives/edgar/data/1323468/000106299325006298/0001062993-25-006298-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday, Romaine sold 15,006 shares of Global Partners. The total transaction value is $794,327.
Monitoring the market, Global Partners's shares down by 0.8% at $53.11 during Wednesday's morning.
<h3>Delving into Global Partners's Background</h3>
Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
<h3>A Deep Dive into Global Partners's Financials</h3>
Negative Revenue Trend: Examining Global Partners's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a decline of approximately -5.05% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 6.42%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Global Partners's EPS reflects a decline, falling below the industry average with a current EPS of 0.53.
</li>
</ul>
Debt Management: Global Partners's debt-to-equity ratio is below the industry average at 2.83, reflecting a lower dependency on debt financing and a more conservative financial approach.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: Global Partners's current Price to Earnings (P/E) ratio of 22.22 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.11, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 9.81 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Important Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001323468">Check Out The Full List Of Global Partners's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Chief Operating Officer At Global Partners Sells $794K Of Stock

Stifel analyst Selman Akyol downgrades Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) from Buy to Hold and raises the price target from $54 to $56.

Downgrades

Price Target

Analyst Ratings

Stifel Downgrades Global Partners to Hold, Raises Price Target to $56

Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.24 by 116.67 percent. This is a 63.12 percent decrease over earnings of $1.41 per share from the same period last year. The company reported quarterly sales of $4.19 billion which missed the analyst consensus estimate of $5.80 billion by 27.86 percent. This is a 5.06 percent decrease over sales of $4.41 billion the same period last year.

Global Partners Q4 2024 GAAP EPS $0.52 Beats $0.24 Estimate, Sales $4.19B Miss $5.80B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Frontline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $282.62 million. 
• Nordic American Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAT#NYSE">NAT</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $53.07 million. 
• Fluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNT#NASDAQ">FLNT</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $68.06 million. 
• Recursion Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) is expected to report quarterly loss at $0.41 per share on revenue of $18.17 million. 
• Oxford Square Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXSQ#NASDAQ">OXSQ</a>) is projected to report quarterly earnings at $0.06 per share on revenue of $9.90 million. 
• Integral Ad Science (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $148.94 million. 
• PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $99.26 million. 
• ANI Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIP#NASDAQ">ANIP</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $175.12 million. 
• TeraWulf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $37.36 million. 
• Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) is estimated to report quarterly earnings at $0.90 per share on revenue of $5.80 billion. 
• Rapid Micro Biosystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPID#NASDAQ">RPID</a>) is expected to report quarterly loss at $0.22 per share on revenue of $7.60 million. 
• FuboTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $444.91 million. 
• Butterfly Network (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) is expected to report quarterly loss at $0.08 per share on revenue of $21.01 million. 
• Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRP#NYSE">NRP</a>) is projected to report earnings for its fourth quarter. 
• Apellis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLS#NASDAQ">APLS</a>) is expected to report quarterly loss at $0.37 per share on revenue of $191.93 million. 
• Calumet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) is estimated to report quarterly loss at $0.36 per share on revenue of $929.11 million. 
• 1stdibs.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIBS#NASDAQ">DIBS</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $22.02 million. 
• LandBridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) is projected to report quarterly earnings at $0.78 per share on revenue of $244.81 million. 
• Fulgent Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGT#NASDAQ">FLGT</a>) is estimated to report quarterly loss at $0.37 per share on revenue of $75.39 million. 
• Owens &amp; Minor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $2.73 billion. 
• Amneal Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NASDAQ">AMRX</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $700.83 million. 
• Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $251.03 million. 
• Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is expected to report quarterly earnings at $3.23 per share on revenue of $1.18 billion. 
• Alpha Metallurgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) is estimated to report quarterly earnings at $1.12 per share on revenue of $683.10 million. 
• Docebo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCBO#NASDAQ">DCBO</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $56.24 million. 
• Northwest Natural Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWN#NYSE">NWN</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $395.05 million. 
<h3>Companies Reporting After The Bell</h3>
• BIT Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) is estimated to report earnings for its fourth quarter. 
• Monroe Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCC#NASDAQ">MRCC</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $14.99 million. 
• Longeveron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) is projected to report quarterly loss at $0.36 per share on revenue of $660 thousand. 
• Middlesex Water (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSEX#NASDAQ">MSEX</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $45.00 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMRX

ANIP

APLS

BFLY

BTCM

CLMT

DCBO

DIBS

FLGT

FLNT

FUBO

GTLS

LGVN

MRCC

MSEX

OXSQ

RPID

RXRX

WULF

Earnings Scheduled For February 28, 2025

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the &#8220;Extreme Fear&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the Nasdaq Composite dipping more than 500 points during the session.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares plunged more than 8% on Thursday after the company released fourth-quarter results.
On the economic data front, the second estimate released Thursday by the U.S. Bureau of Economic Analysis revised fourth quarter 2024 real GDP up by less than 0.1 percentage point, due mainly to higher-than-expected increases in government spending and exports.
Thursday&#8217;s data also showed initial jobless claims rose by 22,000 from the previous week to 242,000, the most in over two months and above market expectations of 221,000, indicating further softening of the job market.
Most sectors on the S&amp;P 500 closed on a negative note, with information technology, communication services and information technology stocks recording the biggest losses on Tuesday. However, financial and energy stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 194 points to 43,239.50 on Thursday. The S&amp;P 500 fell 1.59% to 5,861.57, while the Nasdaq Composite fell 2.78% at 18,544.42 during Thursday's session.
Investors are awaiting earnings results from Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>), Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) and Chart Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 18.4, the index remained in the &#8220;Extreme Fear&#8221; zone on Thursday, versus a prior reading of 21.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Markets

NVDA

Nasdaq Tumbles Over 500 Points As Nvidia Plunges Post Q4 Results: Investor Sentiment Declines Further, Greed Index Remains In 'Extreme Fear' Zone

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) to report quarterly earnings at 24 cents per share on revenue of $5.80 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Global Partners shares fell 3.1% to close at $56.57 on Thursday.</li>
<li>Analysts expect Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) to post quarterly earnings at 52 cents per share on revenue of $2.69 billion. The company will release earnings before the markets open. Owens &amp; Minor shares gained 0.7% to close at $6.89 on Thursday.</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) reported first-quarter earnings of 74 cents per share, meeting the analyst consensus estimate. The company reported quarterly sales of $13.50 billion, which beat the analyst consensus estimate of $13.36 billion. The company said it sees second-quarter adjusted EPS of 75 to 85 cents versus estimates of 86 cents. HP shares fell 2.1% to close at $33.13 on Thursday.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) reported better-than-expected fourth-quarter adjusted earnings results and issued FY25 adjusted EPS guidance above estimates. Dell shares fell 6.8% to close at $107.83 on Thursday.</li>
<li>Analysts expect Chart Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) to post quarterly earnings at $3.15 per share on revenue of $1.17 billion before the opening bell. Chart Industries shares fell 2% to close at $182.25 on Thursday.</li>
</ul>
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<li><a href="https://www.benzinga.com/25/02/44018351/top-3-utilities-stocks-you-may-want-to-dump-in-february">Top 3 Utilities Stocks You May Want To Dump In February</a></li>
</ul>
Photo courtesy: Shutterstock

DELL

HP, Dell Technologies And 3 Stocks To Watch Heading Into Friday

America&#8217;s president-elect is set to introduce a series of new energy-focused policies, rolling back regulatory red tape introduced by the Biden administration. Energy stocks, including a handful of drilling and exploration companies, rallied on the stock market following Trump's victory on November 5.&nbsp;
Trump's plans will mean <a href="https://www.cbtnews.com/trumps-energy-agenda-puts-fossil-fuels-back-at-the-center/">rolling back climate-focused efforts</a>, including those under the Inflation Reduction Act (IRA), removing exportation restrictions for liquefied natural gas (LNG), bolstering exploration on federal land, and increasing off-shore production. The new policy package would form part of Trump's "drill baby drill" campaign while emphasizing domestic production and exportation of non-renewables.&nbsp;
By aligning key promises made during his campaign, Trump's fossil fuel agenda could help ignite the energy sector following years of conservative performance. The last couple of years have seen investors turning cold on the energy sector and instead focus more on high-yielding tech stocks.&nbsp;
Regulatory pressures, geopolitical tensions, economic volatility, and a series of energy price crunches have sent energy and oil stocks tumbling. However, despite the more modest performance, the <a href="https://www.spglobal.com/spdji/en/indices/equity/sp-500-energy-sector/#overview">S&amp;P 500 Energy</a> (Sector) is up 12.74% year-to-date, compared to the S&amp;P Global Clean Energy Index which is down -21.28% since the turn of the year.&nbsp;
Investors wanting to diversify their portfolios could see promising results, as next year is looking to present plenty of new opportunities. With the energy, oil, and gas sectors seeing a revival under Trump, a handful of household names could benefit from his policies in the next four years.
<h2 class="wp-block-heading">Enterprise Products Partners</h2>
Enterprise Products Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDP#NYSE">EDP</a>) operates four primary business segments, which include natural gas liquids, crude oil, petrochemical products, and natural gas. The company has roughly 29 natural gas processing plants in North America and operates several key crude oil pipeline systems throughout Oklahoma, New Mexico, and Texas.
Enterprise operates as an integrated midstream energy company, providing transportation, storage, and distribution services to major exploration companies. By playing the middleman, Enterprise has largely been shielded from volatile energy price fluctuations experienced over the last few years.&nbsp;
By the numbers, Enterprise delivered modest but impressive <a href="https://ir.enterpriseproducts.com/news-releases/news-release-details/enterprise-reports-results-third-quarter-2024">results for the third quarter</a>, ending September 30. Overall, the company reported $13.7 billion in revenue, up approximately 14.81% year over year. Net income rose 8% to $1.4 billion, or $0.64 per unit on a fully adjusted basis, compared to $1.3 billion in Q3 2023.
Following the U.S. election, EPD shares rose more than 15% further adding to its ongoing robust performance. Since the turn of the year, share prices have climbed more than 26%. Enterprise shows relative strength and long-term developments could play in the company's favor.&nbsp;
<h2 class="wp-block-heading">Global Partners</h2>
Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) holds a mixed portfolio of energy-focused businesses, providing transportation and distribution solutions to a line of wholesale, commercial, and retail customers across the United States.&nbsp;
With a vertically integrated distribution network, Global Partners creates energy and fossil fuel supply chain dependency for millions of customers across the Northeast. In total, the company has roughly 1,700 retail stations and helps to fill more than one million automobile gas tanks every day.&nbsp;
<a href="https://ir.globalp.com/news/news-details/2024/Global-Partners-Reports-Third-Quarter-2024-Financial-Results/default.aspx">Third-quarter results </a>were modest, in most aspects, with revenue up 4.77% to $4.4 billion for the period ending September 30. Elsewhere, the company reported a 315.87% year-over-year improvement in net cash flow of $305 million for the quarterly period.&nbsp;
This year, the company has aligned its strategy to meet growing volume demand across its key business segments, including Gasoline Distribution and Station Operations. In the last 11 months, the company has integrated 29 new terminals, and capitalized on more favorable conditions in the Wholesale and Commercial segments.&nbsp;
More than this, at the beginning of November, the company <a href="https://www.globalp.com/news/investor-relations/global-partners-lp-completes-acquisition-of-east-providence-liquid-energy-terminal/">announced</a> the acquisition of the ExxonMobil terminal in East Providence, Rhode Island. This transaction will help increase its existing terminal network, adding more than 959,730 barrels of storage and a deep-water dock.
Share prices remain elevated, and have climbed more than 32% this year. GLP is up 9.37% from its peak in June, and post-election performance added more than 17% to its value.
<h2 class="wp-block-heading">Texas Pacific Land</h2>
Trading since 1888, Texas Pacific Land (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) is one of the most established land and resource management companies in the U.S. and holds operations across 19 different counties.&nbsp;
Its revenue stream is divided into several segments, including oil and gas royalties, commercial leases, material and land sales, and easements. In addition to this, Texas Pacific operates key water and operation services, including water sourcing, infrastructure development, water tracking, well tracking, and data analytics.&nbsp;
It's like they say, "Everything is bigger and better in Texas" and with TLP the sky seems to be the limit. During the third quarter earnings report, the company announced several key highlights, including the acquisition of mineral interest across more than 4,106 net royalty acres, and acquired approximately 4,120 surface acres and other surface-related acres.&nbsp;
Royalty production currently stands at 28.3 thousand barrels of oil per day. The company now holds a royalty acreage of 6.9 net well permits, 11.8 net drilled and uncompleted wells, and 79.2 net producing wells.
By the numbers, <a href="https://www.texaspacific.com/investors/news-events/press-releases/detail/164/texas-pacific-land-corporation-announces-third-quarter">revenue rose 9.87%</a> year over year to $173.56 million. Consolidated net income of $106.6 million, equated to $4.63 per diluted share. Elsewhere on their balance sheet, the company announced a special cash dividend of $10.00 per share and a quarterly dividend of $1.17 per share paid in September.&nbsp;
Perhaps the most attractive part of buying TPL is how much share performance has surged this year. Since the beginning of the year, TPL has climbed by more than 206% and is already up more than 79% since the start of the fourth quarter through November 28.&nbsp;
Beyond its share performance, TPL holds plenty of growing momentum. For dividend-focused investors, this could be an option that delivers results, and perhaps benefit from more petroleum-focused policies in the coming years.
<h2 class="wp-block-heading">Energy Stocks: Conclusion</h2>
The energy sector could see a new light once Trump takes office. Increased regulatory support and higher exploration opportunities could present the energy sector with much-needed revival. Investors looking to benefit from this increased activity should look for energy and oil companies that present upside potential, but are shielded from volatile price changes. The next four years could bring big changes for the sector and could see investors turning from tech to energy as a more lucrative and reliable source of income. 
Disclosure: No positions and no conflicts of interest.

Buy Baby Buy: 3 Energy Stocks Riding The Trump Presidential Victory

Stifel analyst Selman Akyol maintains Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) with a Buy and raises the price target from $51 to $54.

Stifel Maintains Buy on Global Partners, Raises Price Target to $54

Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) reported quarterly earnings of $1.17 per share which missed the analyst consensus estimate of $1.57 by 25.48 percent. The company reported quarterly sales of $4.422 billion which missed the analyst consensus estimate of $5.876 billion by 24.75 percent. This is a 4.79 percent increase over sales of $4.220 billion the same period last year.

Global Partners Q3 2024 GAAP EPS $1.17 Misses $1.57 Estimate, Sales $4.422B Miss $5.876B Estimate

Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Global Partners to report an earnings per share (EPS) of $1.57.
Anticipation surrounds Global Partners's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.28, which was followed by a 3.85% increase in the share price the next day.
Here's a look at Global Partners's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.38</td>
<td>0.10</td>
<td>0.96</td>
<td>0.81</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.10</td>
<td>-0.37</td>
<td>1.41</td>
<td>0.60</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>2.0%</td>
<td>2.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730998940_0.png" alt="eps graph" />
<h3>Tracking Global Partners's Stock Performance</h3>
Shares of Global Partners were trading at $48.5 as of November 06. Over the last 52-week period, shares are up 48.58%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Take on Global Partners</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Global Partners.
Analysts have given Global Partners a total of 1 ratings, with the consensus rating being Buy. The average one-year price target is $51.0, indicating a potential 5.15% upside.
<h3>Comparing Ratings Among Industry Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of Teekay Tankers, DHT Holdings and Genesis Energy, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>Teekay Tankers is maintaining an Buy status according to analysts, with an average 1-year price target of $64.0, indicating a potential 31.96% upside.</li>
<li>The consensus outlook from analysts is an Buy trajectory for DHT Holdings, with an average 1-year price target of $13.5, indicating a potential 72.16% downside.</li>
<li>The consensus outlook from analysts is an Outperform trajectory for Genesis Energy, with an average 1-year price target of $16.0, indicating a potential 67.01% downside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for Teekay Tankers, DHT Holdings and Genesis Energy, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Global Partners</td>
<td>Buy</td>
<td>15.08%</td>
<td>$287.88M</td>
<td>5.12%</td>
</tr>
<tr>
<td>Teekay Tankers</td>
<td>Buy</td>
<td>-14.90%</td>
<td>$69.29M</td>
<td>3.42%</td>
</tr>
<tr>
<td>DHT Holdings</td>
<td>Buy</td>
<td>-1.18%</td>
<td>$56.60M</td>
<td>4.27%</td>
</tr>
<tr>
<td>Genesis Energy</td>
<td>Outperform</td>
<td>-11.56%</td>
<td>$65.26M</td>
<td>-3.20%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Global Partners is positioned in the middle among its peers for revenue growth, with a growth rate of 15.08%. It ranks at the top for gross profit, standing at $287.88M. In terms of return on equity, it is also in the top position with a rate of 5.12%.
<h3>Discovering Global Partners: A Closer Look</h3>
Global Partners LP is an U.S.-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
<h3>Unraveling the Financial Story of Global Partners</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Global Partners's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 15.08%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Global Partners's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 0.85%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Global Partners's ROE stands out, surpassing industry averages. With an impressive ROE of 5.12%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Global Partners's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.03%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.94, caution is advised due to increased financial risk.
<a href="https://www.benzinga.com/quote/GLP/earnings">To track all earnings releases for Global Partners visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Global Partners's Earnings

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">BJ&#8217;s Wholesale</h3>
<ul>
<li>The Trade: BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) Director Steven L Ortega &nbsp;<a href="https://www.benzinga.com/quote/ONEW/analyst-ratings">acquired a total of 2,455 shares at</a> an average price of $81.26. To acquire these shares, it cost around $199,493.</li>
<li>What's Happening: On Aug. 22, BJ's Wholesale reported better-than-expected second-quarter financial results. Revenue growth of 4.9% Y/Y to $5.205 billion, beating the analyst consensus estimate of $5.145 billion. Total comparable club sales increased by 3.1%. Comparable club sales, excluding gasoline sales, increased by 2.4%.</li>
<li>What BJ&#8217;s Wholesale Does: BJ&#8217;s Wholesale serves as one of the few warehouse club chains in the United States.</li>
</ul>
<h3 class="wp-block-heading">Global Partners</h3>
<ul>
<li>The Trade: Global Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) Global GP LLC acquired a total of 12,100 shares at an average price of $43.07. To acquire these shares, it cost around $521,110.</li>
<li>What's Happening: On Aug. 7, Global Partners reported downbeat second-quarter results.</li>
<li>What Global Partners Does: Global Partners LP is an U.S.-based limited partnership that acts as a midstream logistics and marketing company.</li>
</ul>
<h3 class="wp-block-heading">SR Bancorp</h3>
<ul>
<li>The Trade: SR Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRBK#NASDAQ">SRBK</a>) Director Marc Lebovitz <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 10,200 shares</a> at an average price of $10.15. To acquire these shares, it cost around $103,506.</li>
<li>What's Happening: On July 30, SR Bancorp posted a second-quarter loss of 34 cents per share.</li>
<li>What SR Bancorp Does: SR Bancorp Inc principal business is to acquire deposits from individuals and businesses in the communities surrounding offices and to use these deposits to fund loans. </li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/09/40898216/cramer-hewlett-packard-is-a-very-inexpensive-stock-likes-this-big-tech-stock">Cramer: Hewlett Packard Is A &#8216;Very Inexpensive&#8217; Stock, Likes This Big Tech Stock</a></li>
</ul>

SRBK

Executives Buying Global Partners And 2 Other Stocks

Press Releases

Global Partners Announces Cash Distribution on Series B Preferred Units

Global Partners LP to Host First-Quarter 2025 Financial Results Conference Call on May 8, 2025

Global Partners Declares First-Quarter 2025 Cash Distribution of $0.7450 on Common Units

Global Partners LP Reports First-Quarter 2025 Financial Results

Global Partners Mourns the Loss of Board Chairman Richard Slifka

Global Partners LP Announces Private Offering of Senior Notes

Global Partners LP Announces Cash Tender Offer for Any and All Outstanding 7.00% Senior Notes Due 2027

Global Partners LP Announces Pricing of Upsized Private Offering of Senior Notes

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