Global Partners LP (GLP) 13.41 $GLP
Global Partners Completes Sale-Leaseback of Gasoline Stations for $63.5 Million
BusinessWire - Wed Jul 06, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that on June 29, 2016 it completed the previously announced sale-leaseback of certain gasoline stations and convenience stores located in New England to a premier institutional real estate investor for a total purchase price of approximately $63.5 million. In connection with the sale, Global entered into a master unitary lease agreement under which it will lease the 30 properties for an initial term of 15 years with 20 years of contractual extension options. The proceeds from the transaction were used to reduce debt under the Partnership's revolving credit agreement. As a result of the transaction, Global expects to incur additional rent expense of approximately $4.4 million for the 12 months ending June 30, 2017.
GLP: 13.41 (-0.09)
Global Partners Celebrates Grand Opening of Alltown Market(TM) in Stoughton
BusinessWire - Thu Jun 23, 12:05PM CDT
Global Partners LP today celebrates the Grand Store Opening of its newest Alltown Market(TM) in Stoughton, Massachusetts, featuring the first Centre St. Kitchen(R) in the state. Located at 372 Washington Street (Route 138) at Central Street, the market includes indoor seating and is open 24 hours per day.
GLP: 13.41 (-0.09)
Global Partners LP Drives Data Unification with Attivio Data Source Discovery
PR Newswire - Wed Jun 15, 5:55AM CDT
Attivio, the Data Dexterity Company(TM), today announced that Global Partners LP, a midstream logistics and marketing company that owns, controls or has access to one of the largest terminal networks of petroleum products and renewable fuels in the Northeast and is one of the largest independent owners, suppliers and operators of gasoline stations and convenience stores in the Northeast, is using Attivio's Data Source Discovery solution to analyze and optimize data across the organization.
GLP: 13.41 (-0.09)
Ferrellgas (FGP) Stock Down on Q3 Earnings & Revenue Miss
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:21AM CDT
Ferrellgas Partners LP (FGP) reported third-quarter fiscal 2016 adjusted earnings of 19 cents per unit, significantly below the Zacks Consensus Estimate of 47 cents.
GLP: 13.41 (-0.09), GEL: 39.09 (-0.41), FGP: 19.18 (+0.03), SUN: 29.74 (-0.28)
Global Partners Enters into Sale and Leaseback Agreement for 33 New England Gasoline Stations and Convenience Stores
BusinessWire - Tue May 31, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced an agreement with a premier institutional real estate investor for the sale and leaseback of 33 gasoline stations and convenience stores for approximately $67 million. As part of the agreement, the retail sites, which are located throughout New England, will be sold to the buyer and leased to Global Partners or its subsidiaries for a period of 15 years with 20 years of contractual extension options. The transaction, which is subject to customary due diligence, is expected to close no later than early third-quarter 2016.
GLP: 13.41 (-0.09)
Global Partners Signs Purchase and Sale Agreement for Planned Divestiture of 31 Non-Strategic Retail Sites
BusinessWire - Thu May 26, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that, through a wholly owned subsidiary, it has entered into a Purchase and Sale Agreement with Mirabito Holdings, Inc. of Binghamton, NY to sell to Mirabito 31 non-strategic gasoline stations and convenience stores located in New York and Pennsylvania. In addition, the parties will enter into long-term supply contracts for branded and unbranded gasoline and other petroleum products. The retail assets were acquired by the Partnership in January 2015 in connection with the purchase of Warren Equities, Inc. and its subsidiaries. Subject to customary due diligence, the transaction is expected to close in the third quarter of 2016.
GLP: 13.41 (-0.09)
Global Partners Announces Election of CFO Daphne H. Foster to Board of Directors
BusinessWire - Mon May 09, 7:02AM CDT
Global Partners LP (NYSE: GLP) today announced that the Board of Directors of its general partner, Global GP LLC, has elected Daphne H. Foster, 58, the Partnership's Chief Financial Officer, to the Board, effective May 6, 2016.
GLP: 13.41 (-0.09)
Global Partners Reports First-Quarter 2016 Financial Results
BusinessWire - Mon May 09, 7:00AM CDT
Global Partners LP (NYSE: GLP) today reported financial results for the first quarter ended March 31, 2016.
GLP: 13.41 (-0.09)
Global Partners Declares Quarterly Cash Distribution of $0.4625 for the First Quarter of 2016
BusinessWire - Tue Apr 26, 7:30AM CDT
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2016. The distribution will be paid May 16, 2016 to unitholders of record as of the close of business on May 6, 2016.
GLP: 13.41 (-0.09)
Global Partners LP to Host First-Quarter 2016 Financial Results Conference Call on May 9
BusinessWire - Mon Apr 25, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that it will release its first-quarter 2016 financial results before the market opens on Monday, May 9, 2016 and host a conference call that morning for investors and analysts.
GLP: 13.41 (-0.09)
Global Partners LP Files 2015 Annual Report on Form 10-K
BusinessWire - Thu Mar 03, 10:45AM CST
Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2015 was filed with the Securities and Exchange Commission on February 29, 2016.
GLP: 13.41 (-0.09)
OPEC-Russia Chatter Sends Oil Stocks on a Wild Ride
Matthew DiLallo, The Motley Fool - Motley Fool - Thu Jan 28, 3:29PM CST
What: The price of crude jumped by as much as 7% today before ending up just less than 3%. That movement sent oil stocks on a wild ride, with Denbury Resources , Encana , Vanguard Natural Resources , and Global Partners each...
ECA: 7.84 (-0.25), GLP: 13.41 (-0.09), DNR: 3.35 (-0.32), VNR: 1.66 (+0.13)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Thu Jan 28, 9:40AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® MLP High Income Index (the "Index"
. Per the Index's methodology guide, a constituent change due to a distribution cut will take place the earlier of the ex-date or the end of the current month. Due to the January 28, 2016, distribution cut announcement by Global Partners LP (NYSE: GLP), after the market closes on January 29, 2016, (the last trading day of January 2016) and effective on February 1, 2016, Western Gas Partners, LP (NYSE: WES) will replace GLP as a constituent of the Index.
GLP: 13.41 (-0.09), WES: 49.66 (-0.70)
Global Partners Announces Reduction in Quarterly Distribution for the Fourth Quarter of 2015
BusinessWire - Thu Jan 28, 7:00AM CST
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from October 1 to December 31, 2015. The distribution will be paid February 16, 2016 to unitholders of record as of the close of business on February 10, 2016.
GLP: 13.41 (-0.09)
New 52-Week Low Could Prompt More Insider Buying At GLP
TheOnlineInvestor.com - Wed Jan 20, 12:14PM CST
In trading on Wednesday, shares of Global Partners LP touched a new 52-week low of $14.09/share. That's a $28.65 share price drop, or -67.03% decline from the 52-week high of $42.74 set back on 04/28/2015.
GLP: 13.41 (-0.09)
Shares of GLP Down 46.5% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Jan 19, 11:13AM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 3 months, Global Partners has returned 46.48% as of today's recent price of $16.33.
GLP: 13.41 (-0.09)
Global Partners Shares Down 46.5% Since SmarTrend's Sell Call (GLP)
Comtex SmarTrend(R) - Tue Jan 19, 11:10AM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 3 months, Global Partners has returned 46.48% as of today's recent price of $16.33.
GLP: 13.41 (-0.09)
Global Partners Down 42.6% Since SmarTrend Downtrend Call (GLP)
Comtex SmarTrend(R) - Mon Jan 11, 6:26PM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 2 months, Global Partners has returned 42.64% as of today's recent price of $17.50.
GLP: 13.41 (-0.09)
41.8% Return Seen to Date on SmarTrend Global Partners Call (GLP)
Comtex SmarTrend(R) - Mon Jan 04, 4:42PM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 2 months, Global Partners has returned 41.76% as of today's recent price of $17.77.
GLP: 13.41 (-0.09)
Global Partners Completes Sale-Leaseback of Gasoline Stations for $63.5 Million
BusinessWire - Wed Jul 06, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that on June 29, 2016 it completed the previously announced sale-leaseback of certain gasoline stations and convenience stores located in New England to a premier institutional real estate investor for a total purchase price of approximately $63.5 million. In connection with the sale, Global entered into a master unitary lease agreement under which it will lease the 30 properties for an initial term of 15 years with 20 years of contractual extension options. The proceeds from the transaction were used to reduce debt under the Partnership's revolving credit agreement. As a result of the transaction, Global expects to incur additional rent expense of approximately $4.4 million for the 12 months ending June 30, 2017.
GLP: 13.41 (-0.09)
Global Partners Celebrates Grand Opening of Alltown Market(TM) in Stoughton
BusinessWire - Thu Jun 23, 12:05PM CDT
Global Partners LP today celebrates the Grand Store Opening of its newest Alltown Market(TM) in Stoughton, Massachusetts, featuring the first Centre St. Kitchen(R) in the state. Located at 372 Washington Street (Route 138) at Central Street, the market includes indoor seating and is open 24 hours per day.
GLP: 13.41 (-0.09)
Global Partners LP Drives Data Unification with Attivio Data Source Discovery
PR Newswire - Wed Jun 15, 5:55AM CDT
Attivio, the Data Dexterity Company(TM), today announced that Global Partners LP, a midstream logistics and marketing company that owns, controls or has access to one of the largest terminal networks of petroleum products and renewable fuels in the Northeast and is one of the largest independent owners, suppliers and operators of gasoline stations and convenience stores in the Northeast, is using Attivio's Data Source Discovery solution to analyze and optimize data across the organization.
GLP: 13.41 (-0.09)
Ferrellgas (FGP) Stock Down on Q3 Earnings & Revenue Miss
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:21AM CDT
Ferrellgas Partners LP (FGP) reported third-quarter fiscal 2016 adjusted earnings of 19 cents per unit, significantly below the Zacks Consensus Estimate of 47 cents.
GLP: 13.41 (-0.09), GEL: 39.09 (-0.41), FGP: 19.18 (+0.03), SUN: 29.74 (-0.28)
Global Partners Enters into Sale and Leaseback Agreement for 33 New England Gasoline Stations and Convenience Stores
BusinessWire - Tue May 31, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced an agreement with a premier institutional real estate investor for the sale and leaseback of 33 gasoline stations and convenience stores for approximately $67 million. As part of the agreement, the retail sites, which are located throughout New England, will be sold to the buyer and leased to Global Partners or its subsidiaries for a period of 15 years with 20 years of contractual extension options. The transaction, which is subject to customary due diligence, is expected to close no later than early third-quarter 2016.
GLP: 13.41 (-0.09)
Global Partners Signs Purchase and Sale Agreement for Planned Divestiture of 31 Non-Strategic Retail Sites
BusinessWire - Thu May 26, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that, through a wholly owned subsidiary, it has entered into a Purchase and Sale Agreement with Mirabito Holdings, Inc. of Binghamton, NY to sell to Mirabito 31 non-strategic gasoline stations and convenience stores located in New York and Pennsylvania. In addition, the parties will enter into long-term supply contracts for branded and unbranded gasoline and other petroleum products. The retail assets were acquired by the Partnership in January 2015 in connection with the purchase of Warren Equities, Inc. and its subsidiaries. Subject to customary due diligence, the transaction is expected to close in the third quarter of 2016.
GLP: 13.41 (-0.09)
Global Partners Announces Election of CFO Daphne H. Foster to Board of Directors
BusinessWire - Mon May 09, 7:02AM CDT
Global Partners LP (NYSE: GLP) today announced that the Board of Directors of its general partner, Global GP LLC, has elected Daphne H. Foster, 58, the Partnership's Chief Financial Officer, to the Board, effective May 6, 2016.
GLP: 13.41 (-0.09)
Global Partners Reports First-Quarter 2016 Financial Results
BusinessWire - Mon May 09, 7:00AM CDT
Global Partners LP (NYSE: GLP) today reported financial results for the first quarter ended March 31, 2016.
GLP: 13.41 (-0.09)
Global Partners Declares Quarterly Cash Distribution of $0.4625 for the First Quarter of 2016
BusinessWire - Tue Apr 26, 7:30AM CDT
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2016. The distribution will be paid May 16, 2016 to unitholders of record as of the close of business on May 6, 2016.
GLP: 13.41 (-0.09)
Global Partners LP to Host First-Quarter 2016 Financial Results Conference Call on May 9
BusinessWire - Mon Apr 25, 7:30AM CDT
Global Partners LP (NYSE: GLP) today announced that it will release its first-quarter 2016 financial results before the market opens on Monday, May 9, 2016 and host a conference call that morning for investors and analysts.
GLP: 13.41 (-0.09)
Global Partners LP Files 2015 Annual Report on Form 10-K
BusinessWire - Thu Mar 03, 10:45AM CST
Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2015 was filed with the Securities and Exchange Commission on February 29, 2016.
GLP: 13.41 (-0.09)
OPEC-Russia Chatter Sends Oil Stocks on a Wild Ride
Matthew DiLallo, The Motley Fool - Motley Fool - Thu Jan 28, 3:29PM CST
What: The price of crude jumped by as much as 7% today before ending up just less than 3%. That movement sent oil stocks on a wild ride, with Denbury Resources , Encana , Vanguard Natural Resources , and Global Partners each...
ECA: 7.84 (-0.25), GLP: 13.41 (-0.09), DNR: 3.35 (-0.32), VNR: 1.66 (+0.13)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Thu Jan 28, 9:40AM CST
Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® MLP High Income Index (the "Index"
. Per the Index's methodology guide, a constituent change due to a distribution cut will take place the earlier of the ex-date or the end of the current month. Due to the January 28, 2016, distribution cut announcement by Global Partners LP (NYSE: GLP), after the market closes on January 29, 2016, (the last trading day of January 2016) and effective on February 1, 2016, Western Gas Partners, LP (NYSE: WES) will replace GLP as a constituent of the Index. GLP: 13.41 (-0.09), WES: 49.66 (-0.70)
Global Partners Announces Reduction in Quarterly Distribution for the Fourth Quarter of 2015
BusinessWire - Thu Jan 28, 7:00AM CST
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from October 1 to December 31, 2015. The distribution will be paid February 16, 2016 to unitholders of record as of the close of business on February 10, 2016.
GLP: 13.41 (-0.09)
New 52-Week Low Could Prompt More Insider Buying At GLP
TheOnlineInvestor.com - Wed Jan 20, 12:14PM CST
In trading on Wednesday, shares of Global Partners LP touched a new 52-week low of $14.09/share. That's a $28.65 share price drop, or -67.03% decline from the 52-week high of $42.74 set back on 04/28/2015.
GLP: 13.41 (-0.09)
Shares of GLP Down 46.5% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Jan 19, 11:13AM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 3 months, Global Partners has returned 46.48% as of today's recent price of $16.33.
GLP: 13.41 (-0.09)
Global Partners Shares Down 46.5% Since SmarTrend's Sell Call (GLP)
Comtex SmarTrend(R) - Tue Jan 19, 11:10AM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 3 months, Global Partners has returned 46.48% as of today's recent price of $16.33.
GLP: 13.41 (-0.09)
Global Partners Down 42.6% Since SmarTrend Downtrend Call (GLP)
Comtex SmarTrend(R) - Mon Jan 11, 6:26PM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 2 months, Global Partners has returned 42.64% as of today's recent price of $17.50.
GLP: 13.41 (-0.09)
41.8% Return Seen to Date on SmarTrend Global Partners Call (GLP)
Comtex SmarTrend(R) - Mon Jan 04, 4:42PM CST
SmarTrend identified a Downtrend for Global Partners (NYSE:GLP) on November 5th, 2015 at $30.51. In approximately 2 months, Global Partners has returned 41.76% as of today's recent price of $17.77.
GLP: 13.41 (-0.09)
