Global Partners LP (NYSE: GLP) is a petroleum products and convenience store company that distributes and sells gasoline, distillates, and related fuels while operating convenience store locations across the northeastern United States. Revenue is generated through transactional fuel sales, fuel logistics, and convenience store merchandise sales at company-operated and affiliated sites. GLP is structured as a master limited partnership, with common and perpetual preferred units listed on the New York Stock Exchange. The business operates across the petroleum supply chain, from wholesale distribution of petroleum products to retail fuel and convenience sales at the site level. Demand drivers include consumer vehicle traffic, petroleum product price differentials, and ethanol and renewable fuel availability. The partnership's operations are exposed to commodity price volatility, weather events, regulatory changes affecting fuel markets, and shifts in consumer driving habits toward alternative-powered vehicles. As of June 30, 2025, common units traded at $52.73 per unit on the New York Stock Exchange.

Revenue model

Transactional revenue from wholesale and retail petroleum product sales, fuel logistics services, and convenience store merchandise and food sales at operated locations.

Products and services

Gasoline, distillates, ethanol, renewable fuels, petroleum logistics, convenience store merchandise, food and sundries, on-site services.

Customers and end markets

Motor vehicle consumers at retail fuel and convenience locations; wholesale petroleum buyers; end markets include transportation fuel, home heating oil, and convenience retail.

Value-chain role

Midstream and downstream petroleum distributor and retail fuel and convenience store operator; moves product from supply to wholesale customers and end consumers.

Geographic exposure

Northeastern United States, based on filing context referencing operations in regions prone to sea level rise and extreme weather events consistent with the northeastern U.S. footprint.

Source: SEC 10-K, filed 2026-02-27

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