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How to buy Global Partners (GLP) stocks in Canada

Learn how to easily invest in Global Partners stocks.

Global Partners is an oil & gas midstream business based in the US. Global Partners stocks (GLP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $24.77 – an increase of 4.24% over the previous week. Global Partners employs 2,375 staff and has a trailing 12-month revenue of around $11.4 billion.

How to buy shares in Global Partners

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GLP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Global Partners stock price (NYSE:GLP)

Use our graph to track the performance of GLP stocks over time.

Global Partners shares at a glance

Information last updated 2022-01-25.
Latest market close$26.31
52-week range$17.67 - $27.62
50-day moving average $23.76
200-day moving average $23.54
Wall St. target price$23.50
PE ratio 27.6034
Dividend yield $2.275 (9.08%)
Earnings per share (TTM) $0.94

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Is it a good time to buy Global Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Global Partners price performance over time

Historical closes compared with the close of $26.31 from 2022-01-27

1 week (2022-01-19) 0.92%
1 month (2021-12-29) 12.58%
3 months (2021-10-25) 9.17%
6 months (2021-07-29) -2.37%
1 year (2021-01-29) 30.83%
2 years (2020-01-29) 30.96%
3 years (2019-01-29) 38.84%
5 years (2017-01-27) 26.49%

Is Global Partners under- or over-valued?

Valuing Global Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Global Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Global Partners's P/E ratio

Global Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Global Partners shares trade at around 28x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Global Partners's EBITDA

Global Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $236.7 million.

The EBITDA is a measure of a Global Partners's overall financial performance and is widely used to measure a its profitability.

Global Partners financials

Revenue TTM $11.4 billion
Operating margin TTM 1.2%
Gross profit TTM $768.8 million
Return on assets TTM 3.29%
Return on equity TTM 8.81%
Profit margin 0.38%
Book value $11.69
Market capitalisation $883.2 million

TTM: trailing 12 months

Global Partners share dividends

2%

Dividend payout ratio: 2.39% of net profits

Recently Global Partners has paid out, on average, around 2.39% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Global Partners shareholders could enjoy a 9.08% return on their shares, in the form of dividend payments. In Global Partners's case, that would currently equate to about $2.275 per share.

While Global Partners's payout ratio might seem low, this can signify that Global Partners is investing more in its future growth.

Global Partners's most recent dividend payout was on 11 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 November 2021 (the "ex-dividend date").

Global Partners share price volatility

Over the last 12 months, Global Partners's shares have ranged in value from as little as $17.6747 up to $27.62. A popular way to gauge a stock's volatility is its "beta".

GLP.US volatility(beta: 1.36)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Global Partners's is 1.3553. This would suggest that Global Partners's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Global Partners overview

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 in the New England states and New York. 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. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil and propane retailers, and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. The company's 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. Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to end user customers in the public sector, as well as to commercial and industrial end users; and sells custom blended fuels. As of December 31, 2020, the company had a portfolio of 1,548 owned, leased, and/or supplied gasoline stations, which included 277 directly operated convenience stores; and owned, leased, or maintained storage facilities at 25 bulk terminals with a collective storage capacity of 11.

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