Global Partners News

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the first quarter ended March 31, 2023.

“The Global team executed well in the first quarter, posting results in line with our expectations,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. “Continued momentum in our Gasoline Distribution and Station Operations segment helped to more than offset the effects of warmer-than-normal temperatures on our winter-sensitive products.

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 cash distribution of $0.6550 per unit ($2.62 per unit on an annualized basis) on all of its outstanding common units from January 1, 2023 through March 31, 2023.

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that it will release its first-quarter 2023 financial results before the market opens on Friday, May 5, 2023. 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.

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 February 15, 2023 through May 14, 2023.

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) and ExxonMobil have signed an agreement to acquire 64 Houston-area convenience and fueling facilities from the Landmark Group. The deal is subject to regulatory clearance and the satisfaction of closing conditions and is expected to be completed in the second quarter of 2023.