Global Partners LP COO Sells 15,611 Units for $740,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 22 2026
0mins
Should l Buy GLP?
Source: NASDAQ.COM
- Executive Trading Activity: Mark Romaine, COO of Global Partners LP, disposed of 15,611 common units between March 16 and March 18, 2026, for a total value of approximately $740,000 at a weighted average price of $47.38 per unit, indicating executive confidence in the stock.
- Market Performance Insight: Post-transaction, the units closed at $47.92 on March 18, 2026, suggesting that despite geopolitical tensions, the market remains optimistic about the company's future performance.
- Investor Considerations: As a large-scale energy midstream operator, Global Partners LP's investment structure differs from traditional corporations, with investors becoming limited partners upon purchasing common units, necessitating attention to cash distributions and tax complexities, thus consulting a tax professional is advisable.
- Market Risk Assessment: Current political tensions may threaten global oil supply, and while GLP has not shown volatility in the past two months, investors should proceed with caution as market sentiment could shift rapidly with changing geopolitical conditions.
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Analyst Views on GLP
Wall Street analysts forecast GLP stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 48.750
Low
45.00
Averages
45.00
High
45.00
Current: 48.750
Low
45.00
Averages
45.00
High
45.00
About GLP
Global Partners LP is an integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. The Company operates or maintains storage at 54 liquid energy terminals with connectivity to rail, pipeline, and marine assets spanning from Maine to Florida and into the United States Gulf States. It distributes gasoline, distillates, residual oil, and renewable fuels. The Company’s segments include Wholesale, Gasoline Distribution and Station Operations (GDSO) and Commercial. The Wholesale segment is engaged in the logistics of selling, gathering, blending, storing and transporting refined petroleum products, gasoline blend stocks, renewable fuels, crude oil and propane. The GDSO segment includes sales of branded and unbranded gasoline to gasoline station operators and sub-jobbers. The Commercial segment includes sales and deliveries of unbranded gasoline, home heating oil, diesel, kerosene, residual oil and bunker fuel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Global Partners LP Q1 2026 Earnings Highlights
- Strong Financial Performance: In Q1 2026, net income soared to $70.1 million from $18.7 million year-over-year, demonstrating the company's robust profitability in a dynamic commodity environment, which enhances investor confidence.
- Consistent Dividend Growth: The board approved a cash distribution of $76.50 per unit, marking the 18th consecutive quarterly increase, reflecting healthy cash flow and a distribution coverage ratio of 1.96x, further solidifying its shareholder return strategy.
- Capital Expenditure Outlook: For 2026, maintenance CapEx is expected to range from $60 million to $70 million, while expansion CapEx is projected between $75 million and $85 million, with management reiterating a focus on disciplined balance sheet management to navigate future market volatility.
- Market Risk Management: Management highlighted potential challenges from heightened geopolitical tensions and global supply disruptions that may increase inventory carrying costs, emphasizing a commitment to strict inventory management and pricing execution to address these uncertainties.
See More
Global Partners Q1 Earnings Report Analysis
- Earnings Comparison: Global Partners reported Q1 EPS of $1.85, significantly exceeding the consensus estimate of $0.33, indicating strong profitability; however, this figure may not be comparable due to potential one-time items affecting results.
- Revenue Growth: The company achieved Q1 revenue of $5.32 billion, reflecting a 15.9% year-over-year increase, although this fell short of expectations by $1.66 billion, highlighting volatility in market demand and competitive pressures.
- High-Yield Investment Appeal: Despite missing revenue targets, Global Partners is still viewed as an attractive high-yield investment, trading below its intrinsic value, which may appeal to investors seeking stable returns in a fluctuating market.
- Small-Cap Energy Stock Ranking: Global Partners ranks among the top ten small-cap energy stocks by dividend yield, showcasing its appeal to small-cap investors, even amid an uncertain overall market environment.
See More
Global Partners Q1 Earnings Announcement Scheduled
- Earnings Release Date: Global Partners (GLP) is set to announce its Q1 earnings on May 8 before market open, with consensus EPS estimate at $0.33 and revenue expected to reach $6.98 billion, reflecting a robust 52.1% year-over-year growth.
- Historical Performance Review: Over the past year, GLP has exceeded EPS estimates 75% of the time and revenue estimates 50% of the time, indicating a strong track record of financial performance that bolsters investor confidence.
- Capital Expenditure Plan: Global Partners outlines a capital expenditure plan of $135 million to $155 million for 2026 to expand terminal capabilities, which is expected to enhance operational efficiency and competitive positioning in the market.
- Attractive High-Yield Investment: Global Partners is viewed as a resilient high-yield investment currently trading below intrinsic value, attracting attention from investors seeking stable returns, which may further drive stock price appreciation.
See More
Global Partners Declares Quarterly Dividend of $0.76 per Share
- Quarterly Dividend Declaration: Global Partners has declared a quarterly dividend of $0.76 per share, consistent with previous distributions, demonstrating the company's resilience and commitment to shareholder returns in the current economic climate.
- Dividend Yield: The forward yield of 6.3% not only attracts income-seeking investors but also highlights the company's competitive position among small-cap energy stocks, reinforcing its appeal in the market.
- Dividend Payment Timeline: The dividend is payable on May 15, with a record date of May 11 and an ex-dividend date also set for May 11, ensuring shareholders receive timely returns and bolstering investor confidence.
- Capital Expenditure Plan: Global Partners outlines a capital expenditure plan of $135 million to $155 million for 2026, aimed at expanding terminal capabilities, indicating a positive outlook for future growth and operational enhancement.
See More
Avalara Announces 2025 Partner Award Winners Celebrating Innovation and Excellence
- Partner Awards: Avalara announced the 2025 Partner Awards, recognizing partners who excelled in innovation, growth, and customer excellence, highlighting the competitive advantage of its partner ecosystem.
- Technology Partner: Shopify was named Technology Partner of the Year for delivering seamless, high-impact integrations that drive innovation and success for Avalara solutions, enhancing customer experience.
- Consulting and Accounting Awards: DSD Business Systems and Forvis Mazars received the Consulting Partner of the Year and Accountant Firm of the Year awards, respectively, for their exceptional customer experiences and leadership in tax automation practices, demonstrating a strong commitment to client success.
- Emerging Partner: Support One was awarded the Rising Star Partner Award for showcasing immediate and significant impact with rapid success, further promoting the application of Avalara's compliance solutions in the market.
See More
Global Partners LP to Release Q1 2026 Financial Results on May 8
- Earnings Release Schedule: Global Partners LP will announce its Q1 2026 financial results before the market opens on May 8, 2026, reflecting its ongoing development and market performance in the liquid energy sector.
- Investor Conference Call: The company will host a conference call for investors and analysts at 10:00 AM ET on the same day, led by CEO Eric Slifka and other executives, aimed at interpreting the financial results and addressing investor inquiries.
- Company Background: Established over 90 years ago, Global Partners has evolved into a Fortune 500 company focused on operating and supplying liquid energy terminals, with a vast network spanning from Maine to Florida.
- Market Position and Recognition: As an industry-leading integrated operator, Global Partners has been recognized as one of Fortune's Most Admired Companies, demonstrating its adaptability and competitive edge in the energy transition.
See More
Global Partners LP Q1 2026 Earnings Highlights
- Strong Financial Performance: In Q1 2026, net income soared to $70.1 million from $18.7 million year-over-year, demonstrating the company's robust profitability in a dynamic commodity environment, which enhances investor confidence.
- Consistent Dividend Growth: The board approved a cash distribution of $76.50 per unit, marking the 18th consecutive quarterly increase, reflecting healthy cash flow and a distribution coverage ratio of 1.96x, further solidifying its shareholder return strategy.
- Capital Expenditure Outlook: For 2026, maintenance CapEx is expected to range from $60 million to $70 million, while expansion CapEx is projected between $75 million and $85 million, with management reiterating a focus on disciplined balance sheet management to navigate future market volatility.
- Market Risk Management: Management highlighted potential challenges from heightened geopolitical tensions and global supply disruptions that may increase inventory carrying costs, emphasizing a commitment to strict inventory management and pricing execution to address these uncertainties.
See More
Global Partners Q1 Earnings Report Analysis
- Earnings Comparison: Global Partners reported Q1 EPS of $1.85, significantly exceeding the consensus estimate of $0.33, indicating strong profitability; however, this figure may not be comparable due to potential one-time items affecting results.
- Revenue Growth: The company achieved Q1 revenue of $5.32 billion, reflecting a 15.9% year-over-year increase, although this fell short of expectations by $1.66 billion, highlighting volatility in market demand and competitive pressures.
- High-Yield Investment Appeal: Despite missing revenue targets, Global Partners is still viewed as an attractive high-yield investment, trading below its intrinsic value, which may appeal to investors seeking stable returns in a fluctuating market.
- Small-Cap Energy Stock Ranking: Global Partners ranks among the top ten small-cap energy stocks by dividend yield, showcasing its appeal to small-cap investors, even amid an uncertain overall market environment.
See More
Global Partners Q1 Earnings Announcement Scheduled
- Earnings Release Date: Global Partners (GLP) is set to announce its Q1 earnings on May 8 before market open, with consensus EPS estimate at $0.33 and revenue expected to reach $6.98 billion, reflecting a robust 52.1% year-over-year growth.
- Historical Performance Review: Over the past year, GLP has exceeded EPS estimates 75% of the time and revenue estimates 50% of the time, indicating a strong track record of financial performance that bolsters investor confidence.
- Capital Expenditure Plan: Global Partners outlines a capital expenditure plan of $135 million to $155 million for 2026 to expand terminal capabilities, which is expected to enhance operational efficiency and competitive positioning in the market.
- Attractive High-Yield Investment: Global Partners is viewed as a resilient high-yield investment currently trading below intrinsic value, attracting attention from investors seeking stable returns, which may further drive stock price appreciation.
See More
Global Partners Declares Quarterly Dividend of $0.76 per Share
- Quarterly Dividend Declaration: Global Partners has declared a quarterly dividend of $0.76 per share, consistent with previous distributions, demonstrating the company's resilience and commitment to shareholder returns in the current economic climate.
- Dividend Yield: The forward yield of 6.3% not only attracts income-seeking investors but also highlights the company's competitive position among small-cap energy stocks, reinforcing its appeal in the market.
- Dividend Payment Timeline: The dividend is payable on May 15, with a record date of May 11 and an ex-dividend date also set for May 11, ensuring shareholders receive timely returns and bolstering investor confidence.
- Capital Expenditure Plan: Global Partners outlines a capital expenditure plan of $135 million to $155 million for 2026, aimed at expanding terminal capabilities, indicating a positive outlook for future growth and operational enhancement.
See More
Avalara Announces 2025 Partner Award Winners Celebrating Innovation and Excellence
- Partner Awards: Avalara announced the 2025 Partner Awards, recognizing partners who excelled in innovation, growth, and customer excellence, highlighting the competitive advantage of its partner ecosystem.
- Technology Partner: Shopify was named Technology Partner of the Year for delivering seamless, high-impact integrations that drive innovation and success for Avalara solutions, enhancing customer experience.
- Consulting and Accounting Awards: DSD Business Systems and Forvis Mazars received the Consulting Partner of the Year and Accountant Firm of the Year awards, respectively, for their exceptional customer experiences and leadership in tax automation practices, demonstrating a strong commitment to client success.
- Emerging Partner: Support One was awarded the Rising Star Partner Award for showcasing immediate and significant impact with rapid success, further promoting the application of Avalara's compliance solutions in the market.
See More
Global Partners LP to Release Q1 2026 Financial Results on May 8
- Earnings Release Schedule: Global Partners LP will announce its Q1 2026 financial results before the market opens on May 8, 2026, reflecting its ongoing development and market performance in the liquid energy sector.
- Investor Conference Call: The company will host a conference call for investors and analysts at 10:00 AM ET on the same day, led by CEO Eric Slifka and other executives, aimed at interpreting the financial results and addressing investor inquiries.
- Company Background: Established over 90 years ago, Global Partners has evolved into a Fortune 500 company focused on operating and supplying liquid energy terminals, with a vast network spanning from Maine to Florida.
- Market Position and Recognition: As an industry-leading integrated operator, Global Partners has been recognized as one of Fortune's Most Admired Companies, demonstrating its adaptability and competitive edge in the energy transition.
See More
