Global Partners is an oil & gas midstream business based in the US. Global Partners shares (GLP) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $50.56 – an increase of 3.31% over the previous week. Global Partners employs 3,485 staff and has a trailing 12-month revenue of around $17.4 billion.
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| Latest market close | $50.56 |
|---|---|
| 52-week range | $31.27 - $49.85 |
| 50-day moving average | $46.30 |
| 200-day moving average | $45.22 |
| Wall St. target price | $54.00 |
| PE ratio | 14.994 |
| Dividend yield | $2.86 (5.97%) |
| Earnings per share (TTM) | $3.31 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $51.59 from 2024-11-18
| 1 week (2024-11-13) | 5.41% |
|---|---|
| 1 month (2024-10-18) | 11.88% |
| 3 months (2024-08-20) | 21.85% |
| 6 months (2024-05-20) | 14.06% |
| 1 year (2023-11-20) | 51.51% |
|---|---|
| 2 years (2022-11-18) | 102.67% |
| 3 years (2021-11-19) | 188.91% |
| 5 years (2019-11-20) | 324.73% |
Valuing Global Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Global Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Global Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Global Partners shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Global Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $399.1 million.
The EBITDA is a measure of a Global Partners's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $17.4 billion |
|---|---|
| Operating margin TTM | 1.72% |
| Gross profit TTM | $1.1 billion |
| Return on assets TTM | 4.92% |
| Return on equity TTM | 18.58% |
| Profit margin | 0.72% |
| Book value | $21.41 |
| Market Capitalization | $1.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 84.62% of net profits
Recently Global Partners has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Global Partners shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Global Partners's case, that would currently equate to about $2.86 per share.
Global Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Global Partners's most recent dividend payout was on 13 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 7 November 2024 (the "ex-dividend date").
Over the last 12 months, Global Partners's shares have ranged in value from as little as $31.2705 up to $49.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Global Partners's is 1.371. This would suggest that Global Partners's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to home heating oil and propane retailers and wholesale distributors. This segment also transports the products by railcars, barges, trucks and/or pipelines. 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 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. The company 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.
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