Global Partners News

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Global Partners Announces Series A Preferred Unit Distribution

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 $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from November 15, 2020 through February 14, 2021.

Full Story » “Global Partners Announces Series A Preferred Unit Distribution”

Global Partners to Acquire Retail Fuel and Convenience Store Assets in Connecticut from Consumers Petroleum

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today announced the signing of an agreement to purchase the retail fuel and convenience store assets of Connecticut-based Consumers Petroleum of Connecticut, Incorporated.

“Building on our history of successful strategic acquisitions, the pending purchase of Wheels is an excellent fit for Global, and expands our retail business in Connecticut,” said Global Partners President and CEO Eric Slifka.

Full Story » “Global Partners to Acquire Retail Fuel and Convenience Store Assets in Connecticut from Consumers Petroleum”

Global Partners Reports Third-Quarter 2020 Financial Results

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today reported financial results for the quarter ended September 30, 2020.

“Global continues to perform well despite near-term uncertainties associated with COVID-19,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. “Our vertically integrated portfolio of supply, terminaling storage and retail assets are part of the basic infrastructure necessary to power everyday life and the movement of goods, services and people across all of the markets we serve.

Full Story » “Global Partners Reports Third-Quarter 2020 Financial Results”

Global Partners Declares Increased Cash Distribution on Common Units for the Third Quarter of 2020

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution by 4.125 cents to $0.50 per unit ($2.00 per unit on an annualized basis) on all of its outstanding common units for the period from July 1 to September 30, 2020.

Full Story » “Global Partners Declares Increased Cash Distribution on Common Units for the Third Quarter of 2020”

Global Partners LP to Host Third-Quarter 2020 Financial Results Conference Call on November 5

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today announced that it will release its third-quarter 2020 financial results before the market opens on Thursday, November 5, 2020, and host a conference call that morning for investors and analysts.

Time:

10:00 a.m. ET

Dial-in numbers:

(877) 709-8155 (U.S. and Canada)

 

(201) 689-8881 (International)

The call also will be webcast live and archived on the Investor Relations section of the Global Partners website, https://ir.globalp.com

Full Story » “Global Partners LP to Host Third-Quarter 2020 Financial Results Conference Call on November 5”