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Global Partners (GLP)

(Real Time Quote from BATS)

$41.15 USD

41.15
18,967

+1.09 (2.72%)

Updated Jul 22, 2024 01:14 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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

Here's Why Hold Strategy is Apt for Eni (E) Stock Right Now

Eni's (E) lower capital budget will increase its cash flow significantly, which can have a powerful impact on its value in the marketplace.

Baker Hughes (BKR) Signs Deal to Supply Gas Turbine Technology

As part of the deal, Baker Hughes (BKR) will also supply other equipment, services and software, including compressor technology, spare parts and maintenance services.

Chevron (CVX) to Raise Gas Production at LNG Facility Australia

Chevron (CVX) intends to increase domestic gas production capacity at its Wheatstone LNG facility in Australia.

ExxonMobil (XOM) Plans to Develop Sixth Oil Project in Guyana

Whiptail will increase the ExxonMobil (XOM)-led consortium's oil production in Guyana to more than 1.2 million bopd.

Equinor (EQNR) to Initiate Floating Wind Farm in Norway

The Hywind Tampen farm, which is operated by Equinor (EQNR), will supply power to the nearby oil and gas platforms.

Petrobras' (PBR) Chief Expects Another 40 Years of Oil Production

Petrobras (PBR) anticipates continuing oil production over the next four decades using a balanced portfolio approach, despite predictions that the global demand for oil will decline.

Permian Resources (PR) Signs Deal to Expand Permian Footprint

The acquisition will expand Permian Resources' (PR) existing footprint by adding 223,000 net acres in the Permian Basin.

Shell (SHEL), Pemex May Face Penalty for Texas Plant Fire

Fire at Shell's (SHEL) Texas facility in May allegedly caused air and water pollution, violating state laws and attracting more than $1 million in fines for the damages.

Equinor (EQNR) Makes 9th Discovery Near Norway Fram Field

Equinor (EQNR) completes the drilling of 35/11-26 S and 35/11-26 A wells at the Crino/Mulder prospect in production license 090.

Kinder Morgan's (KMI) Tennessee Pipeline Declares Force Majeure

Kinder Morgan's (KMI) gas pipeline unit in Hickman County gets affected by an explosion and fire due to an equipment failure.

Should Value Investors Buy CrossAmerica Partners (CAPL) 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.

Shaun Pruitt headshot

3 Oil Stocks to Buy as Crude Prices Remain Over $80 a Barrel

It may be time to start looking at investment options among oil and energy stocks with crude prices surging over the last month and remaining over $80 a barrel despite today's -2% dip.

ConocoPhillips (COP) Lags on Q2 Earnings, Ups '23 Output View

Lower average realized oil equivalent prices hurt ConocoPhillips' (COP) earnings in Q2.

Dril-Quip (DRQ) Lags on Q2 Earnings, Raises '23 Revenue Target

Lower Subsea Product and Subsea Services revenues hurt Dril-Quip's (DRQ) earnings in Q2.

What Will Global Partners' (GLP) Q2 Earnings Unveil?

Higher operating costs are likely to have hurt Global Partners' (GLP) Q2 bottom line. However, an impressive volume profile might have aided the results somewhat.

Phillips 66 (PSX) Q2 Earnings Top Estimates, Revenues Fall Y/Y

Lower costs and expenses aid Phillips 66's (PSX) earnings in Q2.

BP Misses on Q2 Earnings, Plans to Repurchase $1.5B Shares

Lower realizations of commodity prices and a decline in refinery throughputs hurt BP's earnings in Q2.

Equinor (EQNR) Lags on Q2 Earnings, Reiterates Production View

Lower liquids and gas production in Norway hurts Equinor's (EQNR) earnings in Q2.

Valero (VLO) Q2 Earnings Beat Estimates, Revenues Decline Y/Y

Increased renewable diesel sales volumes and declining costs of sales aid Valero's (VLO) earnings in Q2.

Global Partners LP (GLP) Gains As Market Dips: What You Should Know

In the latest trading session, Global Partners LP (GLP) closed at $33.19, marking a +0.48% move from the previous day.

Hess (HES) Tops on Q2 Earnings, Raises '23 Production Outlook

Higher oil-equivalent production volumes aid Hess' (HES) earnings in Q2.

Fast-paced Momentum Stock Global Partners LP (GLP) Is Still Trading at a Bargain

Global Partners LP (GLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Eni (E) to Acquire Chevron's Stake in Indonesia Project

Eni (E) will become the new operator of the Indonesia Deepwater Development project, replacing the position previously held by Chevron.

Global Partners LP (GLP) Just Reclaimed the 200-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?

Zacks Investment Ideas feature highlights: Energy Sector ETF, Crescent Point, Evolution Petroleum and Global Partners

Energy Sector ETF, Crescent Point, Evolution Petroleum and Global Partners have been highlighted in this Investment Ideas article.