Global Partners News

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today announced that it will release its fourth-quarter and full-year 2020 financial results before the market opens on Friday, March 5, 2021, and host a conference call that morning for investors and analysts.

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

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 $0.05 per unit to $0.55 per unit ($2.20 per unit on an annualized basis) on all of its outstanding common units for the period from October 1 to December 31, 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 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.

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.

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.