Stock of the Day - July 9, 2021

Global Partners (GLP)

$48.11

-$0.74 (-1.5%)

Market Cap: $1.66B

About Global Partners

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers.

The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to home heating oil and propane retailers and wholesale distributors. This segment also transports the products by railcars, barges, trucks and/or pipelines. Its 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. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

Today's Trend

Global Partners LP (GLP) — shares are trading higher after a series of analyst upgrades and a dividend increase that make the stock more attractive to income and value investors. Key developments below.

Zacks added GLP to its Rank #1 (Strong Buy) list on May 1, a formal upgrade that can attract buy-side interest and algorithmic flows. New Strong Buy Stocks for May 1st
GLP was named to Zacks’ Rank #1 (Strong Buy) income stocks list, highlighting its appeal to income-seeking investors given its distribution yield. Best Income Stocks to Buy for May 1st
Zacks also included GLP on its Rank #1 value stocks list, reinforcing a value-investor narrative that can support longer-term buying. Best Value Stocks to Buy for May 1st
GLP’s board declared a quarterly cash distribution of $0.765 per share (annualized yield ~6.4%), a 0.7% increase versus the prior quarter; the ex-dividend date is May 11 — a direct trigger for income-focused demand. Global Partners Declares First-Quarter 2026 Cash Distribution
Zacks Research publicly upgraded GLP from "Hold" to "Strong Buy," reinforcing the firm-level endorsement behind the Zacks Rank additions. Zacks.com upgrade notice
Zacks published a value-investor-focused piece reviewing whether GLP is an attractive buy; this is analytical context rather than a new catalyst. Should Value Investors Buy Global Partners (GLP) Stock?

Investor takeaways: The combination of multiple Zacks Rank #1 listings, a Zacks upgrade, and a modestly raised quarterly distribution is likely driving the stock higher today by drawing attention from income and value investors. Watch the upcoming ex-dividend date (May 11) and any follow-up analyst commentary for continued price momentum.

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Global Partners (GLP)

About Global Partners

Today's Trend

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