Global Partners LP - Company Profile
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Global Partners LP (Global Partners) is a supplier and distributor of petroleum and related products. The company focuses on purchasing, gathering, selling, blending, storing and logistics of transporting petroleum and related products. Global Partner's major services include heating solutions for homes, operational energy for businesses, and fuel for transportation. It operates an extensive network of terminals, gas stations, and retail stations. These facilities cater to a wide range of customers, including businesses, and commuters, across various industries. Global Partners operates throughout the US, with a major presence in the Northeast, New England, New York, the Mid-Atlantic, Texas, and parts of Canada. Global Partners is headquartered in Waltham, Massachusetts, the US.
Headquarters
United States of America
Address
Suite 500, 800 South Street, Waltham, Massachusetts, 02454-9161
Website
www.globalp.com
Telephone
1 781 8948800
No of Employees
3,330
Industry
Energy and Utilities
Ticker Symbol & Exchange
GLP (NYSE)
Revenue (2024)
$17.2B
4.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-27.7%
(2024 vs 2023)
Market Cap*
$1.6B
Net Profit Margin (2024)
XYZ
-30.4%
(2024 vs 2023)
* As of and is in US$
Global Partners LP premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Asphalt | Bulk Supply | A Fresh Take on Everything |
| Biodiesel | Delivered Fuel | Alltown |
| Biofuels | Bunker Services | Alltown Fresh |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In June, the company announced the launch of a mobile application Bee’s Knees Benefits to unify loyalty and digital experience across it's family of convenience store brands. |
| 2025 | Contracts/Agreements | In April, the company announced its collaboration with Helpsy to offer convenient and responsible textile collection options across Massachusetts |
| 2025 | Corporate Changes/Expansions | In January, the company announced the expansion of its EV charging offerings with new public charging locations in New Hampshire. |
Competitor Comparison
| Key Parameters | Global Partners LP | Marathon Petroleum Corp | Sunoco LP | Sprague Resources LP | Martin Midstream Partners LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Waltham | Findlay | Dallas | Portsmouth | Kilgore |
| State/Province | Massachusetts | Ohio | Texas | New Hampshire | Texas |
| No. of Employees | 3,330 | 18,500 | 8,910 | 654 | 1,679 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eric Slifka | Chief Executive Officer; Vice Chairman; President | Executive Board | - | 59 |
| Gregory B. Hanson | Chief Financial Officer | Senior Management | 2021 | 47 |
| Mark A. Romaine | Chief Operating Officer | Senior Management | 2013 | 56 |
| Matthew Spencer | Chief Accounting Officer | Senior Management | 2018 | 46 |
| Lorraine Spadaro | Chief Information Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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