Global Partners LP (GLP)

The company now

Global Partners LP reported second-quarter 2026 net income of $71.0 million on 7 August 2026, up from $25.2 million in the same quarter a year earlier 2. Adjusted EBITDA, a profit measure before interest, taxes, depreciation and amortization with some items removed, was $148.2 million against $98.2 million 2.

Product margin, the money left from sales after the cost of the fuel itself, rose to $245.2 million from $207.9 million in the station and fuel-distribution segment 2. The release credits higher fuel margins, measured in cents per gallon 2. Wholesale product margin was $106.5 million against $91.7 million 2.

In wholesale, gasoline margin rose to $78.4 million from $58.8 million on more favorable gasoline market conditions, while distillates slipped to $28.1 million from $32.9 million 2. Station volume fell to 351.2 million gallons from 382.4 million a year earlier 2.

Global also finished redeeming its Series B preferred units, which paid 9.50 percent, at $25.00 a unit, and they were no longer outstanding from 30 July 2026 21. On 16 October 2026 it extended its bank credit facility from March 2028 to October 2031, keeping a $1.0 billion working-capital commitment and a $500 million revolver 4.

On 29 October 2026 the board of its general partner declared a quarterly distribution of $0.7850 a unit, or $3.14 a year, payable 13 November to holders of record on 9 November 3. Chief executive Eric Slifka said the company remains "committed to pursuing growth where it creates durable value" 2.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.