GLP NYSE
Credit Risk of going bust: lower than 54% of companies Debt: 55.1% of company value Bonds: $178.4M held by 239 funds, 233 bp over Treasuries → details ▾
If the stock fell to about $2.38 (down 95%), Global Partners LP would be worth roughly what it owes.
Total debt $2.01B against a stock market value of $1.63B.
Distance to default 5.56 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $793.4M (short-term plus half of long-term), stock volatility 29.7%; Altman Z'' 1.06. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Waltham, MA 02454-9161
US
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. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to retailers and wholesale distributors. This segment transports the products by railcars, barges, trucks and/or pipelines. The GDSO segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates convenience stores and prepared food sales; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector; and sells custom blended fuels. The company is involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Global GP LLC | P-Purchase | 5,000 | $49.63 | 2026-09-21 |
| Global GP LLC | P-Purchase | 5,000 | $51.08 | 2026-09-17 |
| Global GP LLC | P-Purchase | 5,000 | $50.55 | 2026-09-16 |
| Global GP LLC | P-Purchase | 5,000 | $50.89 | 2026-09-15 |
| Global GP LLC | P-Purchase | 5,000 | $52.20 | 2026-09-14 |