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Global Partners LP

53.83
+0.35000.65%
Post-market: 53.830.00000.00%16:07 EDT
Volume:67.91K
Turnover:3.66M
Market Cap:1.81B
PE:22.73
High:54.59
Open:52.46
Low:52.39
Close:53.48
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Company Profile

Company Name:
Global Partners LP
Exchange:
NYSE
Establishment Date:
2005
Employees:
4070
Office Location:
800 South Street,Suite 500,PO Box 9161,Waltham,Massachusetts,United States
Zip Code:
02454-9161
Fax:
- -
Introduction:
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. It 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. The company's Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil, and propane to home heating oil retailers and wholesale distributors. This segment 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. Its 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. The company's 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, 2022, it had a portfolio of 1,673 owned, leased, and supplied gasoline stations, which included 353 directly operated convenience stores; and owned, leased, or maintained storage facilities at 24 bulk terminals with a collective storage capacity of 10 million barrels. The company serves as the general partner of the company. Global Partners LP was incorporated in 2005 and is based in Waltham, Massachusetts.

Directors

Name
Position
Eric Slifka
President, Chief Executive Officer and Vice Chairman
Richard Slifka
Chairman
Andrew Slifka
Executive Vice President and Director
Daphne H. Foster
Chief Financial Officer and Director
David K. McKown
Director
John T. Hailer
Director
Kenneth I. Watchmaker
Director
Robert J. McCool
Director

Shareholders

Name
Position
Mark A. Romaine
Chief Operating Officer
Daphne H. Foster
Chief Financial Officer and Director
Edward J. Faneuil
Executive Vice President, General Counsel and Secretary
Matthew Spencer
Chief Accounting Officer