GLOBAL PARTNERS LP

GLOBAL PARTNERS LP reported significantly improved financial results for the first quarter ended March 31, 2026, with net income rising to $70.1 million and basic EPS to $1.86. This marks a substantial increase compared to the prior year. The company also expanded its senior secured credit facility by $300 million to $1.8 billion, enhancing its financial flexibility. Sales increased to $5.32 billion, driven by strong performance across its segments.

Global Partners LP reported strong first-quarter 2026 financial results, with net income significantly increasing to $70.1 million, or $1.85 per diluted common limited partner unit. The company saw substantial growth across all key metrics, including EBITDA, distributable cash flow, and gross profit, driven by solid execution and favorable market conditions. The Partnership also announced a cash distribution of $0.7650 per unit for the quarter.

Global Partners LP announced that its general partner's Board of Directors declared a quarterly cash distribution of $0.7650 per common unit for the first quarter of 2026, equivalent to $3.06 per unit on an annualized basis. The distribution will be paid on May 15, 2026, to unitholders of record as of May 11, 2026. The company also provided notice regarding non-U.S. withholding, stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding.

Global Partners LP announced that its general partner's Board of Directors declared a quarterly cash distribution for its 9.50% fixed-rate Series B preferred units. The distribution amounts to $0.59375 per unit, which is $2.375 per unit on an annualized basis. This distribution covers the period from February 15, 2026, through May 14, 2026, and will be paid to unitholders of record as of May 1, 2026, on May 15, 2026.