Global Partners LP operates midstream energy logistics and marketing assets. It owns and runs terminals and fueling locations, and buys, sells, and transports petroleum and renewable fuels. It is organized into three segments: Wholesale (logistics and handling of gasoline, distillates, renewable fuels, crude, propane), Gasoline Distribution and Station Operations (distribution to stations and end-users and operation of stations and convenience stores), and Commercial (sale and delivery of unbranded fuels to commercial and residential customers). The company generates revenue from product sales and fees for logistics services, serving gasoline stations, commercial/residential clients, and government agencies, primarily in the Northeast U.S. Its goal is to provide reliable energy logistics and fuel distribution by maintaining a network of terminals and fueling locations, offering integrated supply chain services, and expanding its assets and services in energy marketing.
Company Size
51-200
Company Stage
IPO
Headquarters
Waltham, Massachusetts
Founded
1933
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