From Financial Modeling Prep: 2025-06-12 18:00:00

Global Partners LP, listed as GLP on the NYSE, is a major player in the energy sector, distributing gasoline and other petroleum products through a network of terminals and retail locations. Competitors include ExxonMobil and Chevron.

The company’s decision to increase the size of a private offering of senior notes signals strong investor interest and confidence in GLP’s financial health, potentially impacting its stock performance positively.

Global GP LLC, GLP’s General Partner, purchased 5,000 shares, boosting its total ownership to 89,548 shares, showcasing insider confidence in the company’s growth potential.

Despite a high debt-to-equity ratio of 3.10, GLP maintains a healthy financial position with a current ratio of 1.17, interest coverage ratio of nearly 2.00, and total assets of $3.82 billion, supported by cash equivalents of $7.48 million.



Read more at Financial Modeling Prep:: Global Partners LP (GLP) Raises Capital Through Up…