Global Partners LP stock trading at discount due to leadership changes and debt restructuring
From Yahoo Finance: 2025-06-29 22:01:00
Global Partners LP (NYSE:GLP) is a top dividend bargain trading below insiders’ prices. Recent leadership changes and plans to sell $450 million in senior notes have sparked investor interest. The company operates fuel terminals, wholesale distribution, and a network of 1,700 fueling and convenience retail locations in the U.S.
The appointment of a new Vice Chairman and the announcement of a $450 million senior notes sale by Global Partners LP (NYSE:GLP) have led to positive insider transactions. On June 12, 2025, the General Partner purchased 5,000 units at $55.43, indicating confidence in the company’s future prospects.
Investors eyeing Global Partners LP (NYSE:GLP) can take advantage of the current stock price at $51.07, offering a dividend yield of 5.84%. This opportunity presents a 7.8% discount compared to insider purchase prices. However, consider other AI stocks with potentially higher returns and lower risk.
Global Partners LP (NYSE:GLP) was co-founded in 1933 and has a strong presence in the energy sector. The company supplies various petroleum products to commercial, wholesale, and retail customers. Recent developments indicate a strategic shift in leadership and financing, attracting attention from investors seeking value opportunities.