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Global Partners ( (GLP) ) has shared an announcement.
On June 10, 2025, Global Partners LP announced a purchase agreement to sell $450 million in senior notes due 2033, with the proceeds aimed at funding a tender offer for its existing $400 million senior notes due 2027 and repaying part of its credit agreement borrowings. This strategic financial maneuver is expected to optimize the company’s debt profile and potentially enhance its market positioning by addressing its outstanding obligations.
The most recent analyst rating on (GLP) stock is a Hold with a $56.00 price target. To see the full list of analyst forecasts on Global Partners stock, see the GLP Stock Forecast page.
Spark’s Take on GLP Stock
According to Spark, TipRanks’ AI Analyst, GLP is a Outperform.
Global Partners LP receives an overall score of 72, driven primarily by strong earnings performance and positive technical indicators. The company’s robust revenue growth and attractive dividend yield also contribute to the score, although leverage risks and increased expenses slightly offset these strengths.
To see Spark’s full report on GLP stock, click here.
More about Global Partners
Global Partners LP operates within the energy sector, primarily focusing on the distribution of gasoline, distillates, and other petroleum products. The company engages in the wholesale and commercial distribution of these products, catering to a diverse market that includes gasoline stations and other energy consumers.
Average Trading Volume: 54,668
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.82B
For a thorough assessment of GLP stock, go to TipRanks’ Stock Analysis page.