Full-Time

Trader

Supply & Distribution

Updated on 8/21/2026

Global Partners

Global Partners

501-1,000 employees

Operates liquid energy terminals and fueling stations

Compensation Overview

$182.3k - $291.5k/yr

Houston, TX, USA + 1 more

More locations: Newton, MA, USA

In Person

Bachelor's, Master's

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Risk Management
Mergers & Acquisitions (M&A)
Excel/Numbers/Sheets

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Requirements
  • A proven track record of profitability in the petroleum industry as an experienced trader.
  • Strong work ethic, very strong leadership skills, desire to succeed, and willingness to do whatever it takes to complete the job.
  • Understanding of locational and structural arbitrage in paper and physical markets.
  • Established trading contacts within petroleum markets and a proven track record of trading with principals and brokers.
  • Previous trading experience in petroleum derivatives, swaps, futures, and physical products.
  • Exceptionally strong interpersonal and communication skills.
  • Ability to work collaboratively.
  • Excellent attention to detail.
  • Excellent time management and multitasking skills.
  • Proficiency with Microsoft Excel.
  • Five to ten years of industry experience in clean product supply, natural gas liquids, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, or product blending.
  • Previous experience supplying marketing.
  • Strong industry knowledge and relationships with counterparts.
  • Back-office experience in credit, risk management, and finance.
  • Knowledge of political legislation and regulations including NEFI, NORA, RFS2, the Environmental Protection Agency, and state regulations.
  • Ability to work in a fast-paced, changing environment, deliver quickly, and adapt to changing demands.
  • Ability to effectively manage multiple work efforts simultaneously.
  • Bachelor's Degree in Finance, accounting, or a related field.
Responsibilities
  • Own the daily profitability of the book of business and take full responsibility for procuring the most cost-effective product for marketing.
  • Meet all requirements of Global's risk policy, including hedging all products.
  • Represent and lead Supply and Trading on various projects and opportunities.
  • Prepare and present management reports as needed.
  • Work with Risk Management on daily processes and longer-term improvements to reports and overall effectiveness.
  • Prepare and present risk/return reports on opportunities and analyses as necessary.
  • Find and negotiate new exchanges, term purchases, rack deals, throughputs, and similar commercial arrangements.
  • Find and implement strategies to increase Supply's profitability and grow the business in current and new markets.
  • Support Supply and Trading on acquisitions and larger projects.
Desired Qualifications
  • Knowledge of refinery operations.
  • Previous experience with RightAngle or Solarc.
  • Master's Degree in Finance, accounting, or a related field.

Global Partners is a master limited partnership that owns, supplies, and operates liquid energy terminals and fueling locations. It manages a network of about 1,700 gasoline stations mainly in the Northeast United States and handles the importation, storage, and sale of petroleum products across North America, serving wholesale and retail customers. Its business model centers on sourcing crude oil, gasoline, and distillates, storing them at terminals, and distributing them through its network of fueling locations, with revenue generated from selling these products. The company differentiates itself through its long history (over 90 years), its role as an independent owner/supplier/operator of terminals and stations, and its focused, regional footprint that spans the supply chain from import to point of sale. Its goal is to reliably supply petroleum products to its broad customer base by expanding and efficiently managing its network and logistics.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Waltham, Massachusetts

Founded

1933

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Simplify Jobs

Simplify's Take

What believers are saying

  • August 7, 2026 Q2 distribution rose to $0.78, the eighteenth consecutive increase.
  • Leverage fell to 2.85x by June 30, 2026 after strong cash generation.
  • Redeeming Series B preferred units on July 30, 2026 cuts 9.5% financing drag.

What critics are saying

  • Management warned steep backwardation in August 2026 raises hedged inventory costs immediately.
  • Fuel prices already triggered smaller fill-ups and consumer trading down in Q2 2026.
  • EV adoption and Northeast station exposure threaten long-term terminal and gasoline volumes by 2030.

What makes Global Partners unique

  • Global Partners owns 54 terminals and 1,524 stations, linking Northeast storage and retail.
  • Providence terminal and Texas City bunkering expanded higher-margin logistics beyond gasoline retail.
  • Q2 2026 adjusted EBITDA hit $148.2 million, proving volatility monetization at scale.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

401(k) Retirement Plan

Professional Development Budget

Paid Vacation

Company News

Yahoo Finance
Jun 28th, 2026
GLP's Dec 2026 $25 calls surge as Zacks ranks partnership strong buy

Global Partners saw significant trading in its December 2026 call options, ranking amongst the highest implied volatility contracts in the equities market. The activity coincides with the partnership's Zacks Rank #1 rating in the Oil and Gas – Refining and Marketing MLP sector. The company reported first-quarter 2026 sales of $5.32 billion and net income of $64.74 million. However, investors face questions around the sustainability of distributions and cash flow resilience amid capital spending and energy transition risks. Global Partners' narrative projects $42.5 billion in revenue and $168.5 million in earnings by 2029, with a fair value estimate of $45.50. Community valuations range from $45.50 to $103.23, reflecting divergent views on the fuel-focused business facing long-term energy transition challenges and potential regulatory pressures on margins.

Yahoo Finance
May 8th, 2026
Global Partners LP boosts Q1 fuel margins to 41¢ per gallon amid extreme price volatility

Global Partners LP reported strong Q1 2026 results driven by commodity price volatility and favourable market conditions. Fuel margins in the GDSO segment expanded to 41 pence per gallon, whilst the wholesale segment saw a $60.5 million increase in product margin from improved dynamics in gasoline blendstocks and distillates. The company maintained a 3.1x leverage ratio and announced its 18th consecutive quarterly distribution increase. Full-year 2026 maintenance capital expenditure is projected between $60 million and $70 million, with expansion expenditure targeted at $75 million to $85 million. Management expects steep backwardation in forward pricing curves to increase hedged inventory costs. Low PADD 1 inventory levels heading into summer driving season present operational risks. The company plans increased convenience store promotions to counter higher gasoline prices affecting consumer spending.

Yahoo Finance
May 8th, 2026
Global Partners shares jump 6.4% after earnings beat forecasts by $1.52 per unit

Global Partners LP shares rose 6.4% on Friday after reporting first-quarter adjusted earnings of $1.85 per unit, significantly exceeding the $0.33 consensus estimate. Revenue totalled $5.32 billion, up 15.8% year-over-year, though below analyst expectations of $6.97 billion. Adjusted EBITDA climbed to $140.4 million from $91.3 million, whilst adjusted distributable cash flow nearly doubled to $96.8 million from $46.5 million. The energy partnership's wholesale division drove results, with product margin increasing to $154.1 million from $93.6 million, benefiting from favourable gasoline and residual oil markets. The gasoline distribution segment also posted margin growth. Global Partners declared a quarterly distribution of $0.7650 per unit, payable 15 May to unitholders of record on 11 May.

Yahoo Finance
Apr 27th, 2026
Global Partners trades 37% below DCF value despite 169% five-year return

Global Partners, a US fuel and logistics operator, has shown contrasting performance across different timeframes. The company reported revenue of $18.56 billion and net income of $72.09 million, with annual growth rates of 27.57% and 27.26% respectively. Shares are trading at $46.39, posting a 9.77% year-to-date return but declining 4.66% over one year. However, longer-term shareholders have benefited from an 86.94% three-year return and 169.37% five-year return. Valuation assessments show conflicting signals. The most popular narrative pegs fair value at $45.50, suggesting units are roughly 2% overvalued. However, a discounted cash flow model points to an intrinsic value of $73.36, implying significant upside potential. Recent terminal network acquisitions are expected to strengthen market presence, though regulatory costs on carbon emissions pose risks to future margins.

Yahoo Finance
Apr 13th, 2026
Global Partners expands credit facility by $300M, reallocates $200M to working capital

Global Partners LP has expanded its credit facility by $300 million through an accordion feature, providing short-term financial flexibility for up to 364 days. The energy company also received lender approval to reallocate $200 million from its Aggregate Revolver Commitment to working capital, whilst core terms of its December 2025 credit agreement remain unchanged. Separately, Stifel raised its price target for Global Partners from $45 to $46, maintaining a Hold rating. The company plans to increase capital expenditure to expand logistics and capacity at recently acquired terminals, and intends to implement AI capabilities to improve cost efficiencies and margins. Founded in 2005, Global Partners operates over 1,700 retail fuelling locations across the Northeast, Mid-Atlantic and Texas regions.