Earnings ·
Global Partners LP reported second-quarter 2026 net income of $71.0 million, or $1.86 per diluted unit, compared to…
GLP-PBGlobal Partners LP
Global Partners LP reported second-quarter 2026 net income of $71.0 million, or $1.86 per diluted unit, compared to $25.2 million in the prior year period. EBITDA rose to $146.0 million from $95.7 million, while distributable cash flow increased to $92.6 million from $52.0 million. The company announced a quarterly cash distribution of $0.78 per common unit, payable on August 14, 2026, to holders of record as of August 10, 2026. Additionally, Global Partners fully redeemed its outstanding Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units at $25.00 per share plus accrued distributions effective July 30, 2026. The company operates in the liquid energy sector as an integrated owner, supplier, and operator of terminals, fueling locations, and retail experiences.