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Global Partners (GLP)

(Delayed Data from NYSE)

$40.06 USD

40.06
41,563

-1.21 (-2.93%)

Updated Jul 19, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value F Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 5% (12 out of 250)

Industry: Oil and Gas - Refining and Marketing - Master Limited Partnerships

Better trading starts here.

Zacks News

GeoPark (GPRK) Inks $200M Deal to Enhance Latin America Presence

Upon closing, this acquisition promises to contribute more than 5,000 barrels of oil equivalent per day to GeoPark Limited's (GPRK) production portfolio.

Enterprise (EPD) Receives Deepwater Port License for SPOT Project

Enterprise (EPD) secures U.S. approval for the Sea Port Oil Terminal, set to load 2 million barrels per day of crude oil, enhancing Texas' energy infrastructure.

Shaun Pruitt headshot

Time to Buy These Highly Ranked Stocks as Markets Selloff

Another month of hot inflationary data was the catalyst for today's broader market selloff but here are two highly ranked Zacks stocks that were able to withstand the pullback and should serve as viable buy-the-dip candidates if the opportunity is presented.

Here's Why You Should Purchase Valero (VLO) Stock Right Now

Valero's (VLO) refining system achieves a remarkable 97.4% mechanical availability in 2023, setting a record for the company.

BP Anticipates Robust Q1 Performance Amid Trading Surge

BP expects solid Q1 performance, driven by robust trading and production operations, offsetting lower oil prices.

Shell's (SHEL) Outlook for Q1: Chemicals Division Shines

Per Shell (SHEL), first-quarter LNG liquefaction volumes are expected to go up around 4.8% sequentially but marketing sales volumes are scheduled to deteriorate.

BP in Talks to Offload Aging Trinidad Gas Assets to Perenco

BP eyes the divestment of aging Trinidad gas field assets to Perenco, with the aim of realigning its energy portfolio. This move signals a significant shift in the global oil and gas market.

Baker Hughes (BKR) Fuels Cedar LNG With Electric-driven Tech

Baker Hughes (BKR) and Black & Veatch collaborate to electrify Cedar LNG, driving sustainable energy solutions in Canada and beyond.

Equinor (EQNR) Boosts Electrification Efforts Offshore Norway

Equinor's (EQNR) electrification efforts are reshaping the future of offshore energy, thereby reducing carbon emissions and paving the way for a greener tomorrow.

Enterprise's (EPD) Deepwater Oil Facility Gets Legal Green Signal

Enterprise's (EPD) plans for a deepwater oil export facility move forward as the U.S. court confirms regulatory approval, setting the stage for Gulf Coast energy expansion.

Should Value Investors Buy Global Partners (GLP) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Why Murphy USA (MUSA) is a Go-to Stock in the Energy Space

Murphy USA (MUSA) has strong growth prospects, as evident from the rise in earnings projections and rock-solid share performance.

Baker Hughes (BKR) Partners With Snam for Hydrogen-Ready Tech

Baker Hughes (BKR) and Snam unveil hydrogen-ready turbocompressors, signaling a major leap toward decarbonization and a greener future.

Equinor (EQNR) Deepens Marine Services Pact With DeepOcean

Equinor's (EQNR) alliance with DeepOcean is revolutionizing subsea repairs and powering the next wave of offshore innovation and renewable energy solutions.

ExxonMobil (XOM) Expects Dip in Q1 Profits Amid Weak Prices

ExxonMobil's (XOM) upstream earnings are expected to decline by $200-$600 million, as natural gas prices plummet to multi-year lows.

Enterprise (EPD) Ramps Up NatGas Infrastructure in Permian Basin

Enterprise (EPD) revolutionizes natural gas processing in the Permian Basin with new plants and enhanced capabilities to meet soaring energy demands.

Eni (E) Extends Partnership With MIT Energy for a Greener Future

Eni's (E) renewed partnership with MIT Energy drives innovation for low-carbon energy solutions, marking a milestone in the journey toward achieving net zero emissions.

Global Partners LP (GLP) Increases Despite Market Slip: Here's What You Need to Know

In the closing of the recent trading day, Global Partners LP (GLP) stood at $45.23, denoting a +0.04% change from the preceding trading day.

Here's Why You Should Hold on to Kinder Morgan (KMI) Stock

Kinder Morgan's (KMI) 2024 dividend expectations are set at $1.15 per share, maintaining a robust coverage ratio.

Phillips 66 (PSX) Expands Renewable Fuel Production at Rodeo

Phillips 66 (PSX) moves toward a greener future with an aim to increase renewable fuel output at its Rodeo Renewable Energy Complex, California, by the second quarter of 2024.

Equinor (EQNR) and Eneco Exit Dutch Offshore Wind Tender

Equinor's (EQNR) withdrawal from the tender marks a key moment in the Dutch offshore wind sector, emphasizing the need for strategic adjustments in tendering and project scale for renewable growth.

Here's Why You Should Invest in Cheniere Partners (CQP) Stock

Cheniere Partners (CQP) has demonstrated robust financial performance, with a net income of $4.3 billion in 2023, a substantial increase from $2.5 billion in 2022.

SLB and ACC Join Forces to Accelerate Decarbonization Efforts

Per the deal, SLB will acquire an 80% stake in ACCH, which encapsulates ACC's operations, for NOK 4.12 billion.

Global Partners LP (GLP) Stock Sinks As Market Gains: Here's Why

The latest trading day saw Global Partners LP (GLP) settling at $44.49, representing a -0.47% change from its previous close.

ExxonMobil (XOM) Sounds Alarm on Australia's Gas Supply Outlook

ExxonMobil (XOM) contrasts U.S. and Australia drilling permit processes, noting Australia's up to two-year delay impedes rapid development for future gas demand.