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Global Partners Reports Third-Quarter 2022 Financial Results

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the third quarter ended September 30, 2022.

“We delivered strong third-quarter results, driven by growth across all three segments of our business,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. “Our Gasoline Distribution and Station Operations (GDSO) segment continued to perform well in the third quarter, reflecting increased activity at our convenience stores as a result of our recent acquisitions and higher retail fuel margins year-over-year.

Full Story » “Global Partners Reports Third-Quarter 2022 Financial Results”

Global Partners Declares Third-Quarter 2022 Cash Distribution of $0.6250 on Common Units

WALTHAM, Mass.–(BUSINESS WIRE)–
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 $0.6250 per unit ($2.50 per unit on an annualized basis) on all of its outstanding common units from July 1, 2022 through September 30, 2022.

Full Story » “Global Partners Declares Third-Quarter 2022 Cash Distribution of $0.6250 on Common Units”

Global Partners LP to Host Third-Quarter 2022 Financial Results Conference Call on November 4, 2022

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its third-quarter 2022 financial results before the market opens on Friday, November 4, 2022. At 10:00 a.m. ET, the Partnership will conduct a conference call for investors and analysts hosted by Eric Slifka, President and Chief Executive Officer, Gregory B.

Full Story » “Global Partners LP to Host Third-Quarter 2022 Financial Results Conference Call on November 4, 2022”

Global Partners Announces Cash Distributions on Series A and B Preferred Units

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (the “Partnership”) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from August 15, 2022 through November 14, 2022.

Full Story » “Global Partners Announces Cash Distributions on Series A and B Preferred Units”

Global Partners Continues Expansion in the Mid-Atlantic Region with Acquisition of Tidewater Convenience, Inc.

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (“Global” or “the Partnership”), one of the Northeast and mid-Atlantic’s largest independent owners, suppliers, and operators of gasoline stations and convenience stores, today announced the purchase of Tidewater Convenience, Inc. (Tidewater), further expanding the Partnership’s retail footprint in the mid-Atlantic region.

The acquisition includes 15 locations (14 company-operated) in Southeast Virginia. Full Story » “Global Partners Continues Expansion in the Mid-Atlantic Region with Acquisition of Tidewater Convenience, Inc.”