Global Partners LP (NYSE:GLP)

43.08
Data as of Aug 29
 -0.05 / -0.12%
Today’s Change
31.50
Today|||52-Week Range
45.00
+21.73%
Year-to-Date
SECTOR
Distribution Services
INDUSTRY
Wholesale Distributors
MARKET CAP
$1.2B

Company Description

Global Partners LP is engaged in the storage, distribution and marketing of gasoline, distillates and residual oil to wholesalers, retailers and commercial customers throughout the Northeast. It also engages in the purchasing, selling and logistics of transporting domestic and Canadian crude oil and other products. Global Partners operates its business through two reportable segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells gasoline, home heating oil, diesel, kerosene and residual oil to unbranded and Mobil branded retail gasoline stations and other resellers of transportation fuels, home heating oil retailers and wholesale distributors. The Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline stations and other sub-jobbers. It also includes gasoline, convenience store, car wash and other ancillary sales at its directly operated stores, as well as rental income from dealer leased gasoline stations. The Commercial segment includes sales and deliveries of unbranded gasoline, home heating oil, diesel, kerosene, residual oil and small amounts of natural gas and renewable fuels to end user customers in the public sector and to large commercial and industrial end users. The company was founded in March 2005 and is headquartered in Waltham, MA.

Contact Information

Global Partners LP
800 South Street
Waltham Massachusetts 02454-9161
P:(781) 894-8800
Investor Relations:

Employees

Shareholders

Individual stakeholders42.95%
Mutual fund holders24.14%
Other institutional20.75%

Top Executives

Eric S. SlifkaPresident, Chief Executive Officer & Director
Mark RomaineChief Operating Officer
Daphne H. FosterChief Financial Officer
Charles A. RudinskyChief Accounting Officer & Executive VP
Andrew P. SlifkaDirector & Executive Vice President

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