Daily Stock Analysis, GLP, Global Partners LP, priceseries

Global Partners LP engages in the purchasing, sale, storing, and logistics of transporting petroleum and related products. It operates through the following segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment is the logistics of selling, gathering, storage and transportation of refined petroleum products, renewable fuels, crude oil and propane. The GDSO segment refers to the gasoline distribution and includes sales of branded and unbranded gasoline to gasoline stations operators and sub-jobbers. The Commercial segment handles sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.

Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers in the New England states and New York. It operates in three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks. It also offers home heating oil, kerosene, residual oil, and propane to home heating oil and propane retailers and wholesale distributors; and aggregates crude oil in the mid-continent region of the United States and Canada for distribution to refiners and other customers. The Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. As of December 31, 2016, this segment had a portfolio of 1,458 owned, leased, and/or supplied gasoline stations, which included 248 convenience stores in the Northeast, Maryland, and Virginia. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas to end user customers in the public sector, as well as to commercial and industrial end users; and sells custom blended fuels. The company also owns, leases, or maintains storage facilities at 25 bulk terminals with a collective storage capacity of 12.2 million barrels. Global GP LLC serves as the general partner of the company. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.