Global Partners (GLP) to Release Earnings on Thursday

Global Partners (NYSE:GLP) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect Global Partners to post earnings of $0.60 per share and revenue of $5.98 billion for the quarter.

Global Partners (NYSE:GLP) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.39. The company had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. Global Partners had a net margin of 0.76% and a return on equity of 21.10%. On average, analysts expect Global Partners to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Global Partners Stock Down 0.5%

Shares of Global Partners stock opened at $52.26 on Thursday. The company has a market cap of $1.78 billion, a P/E ratio of 16.59 and a beta of 1.03. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.68 and a current ratio of 1.17. Global Partners has a one year low of $37.00 and a one year high of $60.00. The firm has a fifty day moving average of $52.69 and a two-hundred day moving average of $52.80.

Global Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Friday, August 8th will be given a dividend of $0.75 per share. The ex-dividend date is Friday, August 8th. This represents a $3.00 dividend on an annualized basis and a yield of 5.74%. This is an increase from Global Partners’s previous quarterly dividend of $0.75. Global Partners’s dividend payout ratio is presently 94.60%.

Insider Buying and Selling

In other Global Partners news, COO Mark Romaine sold 7,119 shares of the company’s stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $51.28, for a total transaction of $365,062.32. Following the completion of the transaction, the chief operating officer owned 150,412 shares in the company, valued at approximately $7,713,127.36. This represents a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders have sold 18,000 shares of company stock worth $944,221. 41.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Global Partners

A hedge fund recently bought a new stake in Global Partners stock. Jane Street Group LLC acquired a new position in shares of Global Partners LP (NYSE:GLP) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,155 shares of the energy company’s stock, valued at approximately $862,000. 38.12% of the stock is owned by hedge funds and other institutional investors.

About Global Partners

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.