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Global Partners LP (GLP)

NYSE - NYSE Delayed Price. Currency in USD
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27.46-0.26 (-0.94%)
At close: 04:00PM EDT
28.24 +0.78 (+2.84%)
After hours: 07:06PM EDT

Global Partners LP

800 South Street
Suite 500 PO Box 9161
Waltham, MA 02454-9161
United States
781 894 8800
https://www.globalp.com

Sector(s)Energy
IndustryOil & Gas Midstream
Full Time Employees2,430

Key Executives

NameTitlePayExercisedYear Born
Mr. Eric S. SlifkaPres, CEO & Vice Chairman of Global GP LLC6.59MN/A1966
Mr. Gregory B. HansonChief Financial Officer of Global GP LLC985.1kN/A1978
Mr. Mark A. RomaineChief Operating Officer of Global GP LLC3.07MN/A1969
Mr. Matthew SpencerChief Accounting Officer of Global GP LLC948.65kN/A1979
Mr. Jeremy LanghornChief HR Officer of Global GP LLC1.35MN/A1967
Lorraine SpadaroChief Information OfficerN/AN/AN/A
Mr. Scott SolomonVP of Investor RelationsN/AN/AN/A
Mr. Sean T. GearyChief Legal Officer & Sec.N/AN/AN/A
Catie KernsVP of Communications & SVP of Corp. AffairsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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, Mid-Atlantic region, 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 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 customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. As of December 31, 2021, the company had a portfolio of 1,595 owned, leased, and supplied gasoline stations, which included 295 directly operated convenience stores; and owned, leased, or maintained storage facilities at 26 bulk terminals with a collective storage capacity of 11.9 million barrels. Global GP LLC serves as the general partner of the company. The company was incorporated in 2005 and is based in Waltham, Massachusetts.

Corporate Governance

Global Partners LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.