Latest news with #GlobalPartnersLP
Yahoo
29-05-2025
- Business
- Yahoo
Are Oils-Energy Stocks Lagging Epsilon Energy (EPSN) This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Epsilon Energy Ltd. (EPSN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Epsilon Energy Ltd. is a member of the Oils-Energy sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Epsilon Energy Ltd. is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for EPSN's full-year earnings has moved 29.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that EPSN has returned about 14% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of -3.9%. This means that Epsilon Energy Ltd. is outperforming the sector as a whole this year. Another Oils-Energy stock, which has outperformed the sector so far this year, is Global Partners LP (GLP). The stock has returned 12.8% year-to-date. For Global Partners LP, the consensus EPS estimate for the current year has increased 13.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Epsilon Energy Ltd. belongs to the Oil and Gas - Integrated - United States industry, which includes 15 individual stocks and currently sits at #191 in the Zacks Industry Rank. Stocks in this group have lost about 10.6% so far this year, so EPSN is performing better this group in terms of year-to-date returns. In contrast, Global Partners LP falls under the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry. Currently, this industry has 6 stocks and is ranked #208. Since the beginning of the year, the industry has moved -4.2%. Epsilon Energy Ltd. and Global Partners LP could continue their solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Epsilon Energy Ltd. (EPSN) : Free Stock Analysis Report Global Partners LP (GLP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Global Partners Mourns the Loss of Board Chairman Richard Slifka
WALTHAM, Mass., May 27, 2025--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announces with deep sadness the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership's general partner, Global GP LLC. Mr. Slifka passed away on May 25, 2025, at the age of 85. A steady and thoughtful presence, Richard helped shape Global over more than six decades, growing the foundation of the business alongside his brother, the late Alfred A. Slifka, and serving as a consistent voice of integrity and long-term thinking. "Richard helped lay the foundation for what Global is today, working alongside my father with quiet strength and enduring values," said Eric Slifka, President and CEO of Global Partners LP. "He brought diligence, consistency, and a sense of purpose to everything he did, always putting people and community at the center of his work. He will be deeply missed." Richard joined the company in 1963 and held various leadership and governance roles throughout his career, including Treasurer and Director of Global Companies LLC and President of Global Petroleum Corp. He was elected Vice Chairman of Global GP LLC in 2005 and became Chairman in 2014. He also served as President of the Independent Fuel Terminal Operators Association, a past Director of the New England Fuel Institute, and brought valuable continuity to the board through his deep industry experience and institutional knowledge. Beyond the business, Richard was the quiet force behind much of Global's charitable work. He served on the board of directors of St. Francis House for over 20 years, the Board of Trustees of Boston Medical Center for 15 years, and a Director of the National Multiple Sclerosis Society for over 40 years. His generosity and community spirit touched countless lives. Richard is survived by his wife, Rosalyn; his children, Amy and her husband Jamie, Karen and her husband Jeffery, Andrew and his wife Jodi, 6 grandchildren; and a legacy of kindness, steady counsel, and enduring generosity. About Global Partners LP Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune's Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol "GLP." For additional information, visit View source version on Contacts Sean T. GearyChief Legal Officer and SecretaryGlobal Partners LP(781) 894-8800Catie KernsChief Strategy and Transformation OfficerGlobal Partners LP(781) 894-8800 Error while retrieving data Sign in to access your portfolio Error while retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Global Partners Mourns the Loss of Board Chairman Richard Slifka
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announces with deep sadness the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership's general partner, Global GP LLC. Mr. Slifka passed away on May 25, 2025, at the age of 85. A steady and thoughtful presence, Richard helped shape Global over more than six decades, growing the foundation of the business alongside his brother, the late Alfred A. Slifka, and serving as a consistent voice of integrity and long-term thinking. 'Richard helped lay the foundation for what Global is today, working alongside my father with quiet strength and enduring values,' said Eric Slifka, President and CEO of Global Partners LP. 'He brought diligence, consistency, and a sense of purpose to everything he did, always putting people and community at the center of his work. He will be deeply missed.' Richard joined the company in 1963 and held various leadership and governance roles throughout his career, including Treasurer and Director of Global Companies LLC and President of Global Petroleum Corp. He was elected Vice Chairman of Global GP LLC in 2005 and became Chairman in 2014. He also served as President of the Independent Fuel Terminal Operators Association, a past Director of the New England Fuel Institute, and brought valuable continuity to the board through his deep industry experience and institutional knowledge. Beyond the business, Richard was the quiet force behind much of Global's charitable work. He served on the board of directors of St. Francis House for over 20 years, the Board of Trustees of Boston Medical Center for 15 years, and a Director of the National Multiple Sclerosis Society for over 40 years. His generosity and community spirit touched countless lives. Richard is survived by his wife, Rosalyn; his children, Amy and her husband Jamie, Karen and her husband Jeffery, Andrew and his wife Jodi, 6 grandchildren; and a legacy of kindness, steady counsel, and enduring generosity. About Global Partners LP Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune's Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol 'GLP.' For additional information, visit
Yahoo
14-05-2025
- Business
- Yahoo
Why Global Partners (GLP) Is Losing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Global Partners LP (NYSE:GLP) stands against other energy stocks that are declining this week. The energy sector was among the largest beneficiaries of the truce between the United States and China this week, resulting in the West Texas Intermediate (WTI) crude oil price rallying aggressively to cross the $63 mark, up from a multi-year low of $57.13 it hit last week. However, despite the gains, oil's upside potential remains limited due to an abundant supply following a decision by OPEC+ to further increase output in June. Moreover, prices still remain below the $65 break-even mark for most producers operating in the prolific Permian Basin in the US, forcing them to potentially stop drilling and cut jobs. Additionally, despite Beijing cutting its levies on American goods to 10% for a 90-day period, it is unlikely that the agreement will do much to increase its import of US energy. China's import of American energy commodities was effectively gone as soon as Beijing put an initial 10% tariff on crude oil and 15% on LNG and coal in early February, so these commodities will remain uncompetitive in the country even at the lower 10% tariff for the next 90 days. According to commodity analysts Kpler, no American crude oil is scheduled to arrive at Chinese ports this month, while only three cargoes were unloaded in April. The imports of American LNG have also suffered a similar fate, with Kpler showing no cargoes since February. Aerial view of an oil & gas refinery, showcasing the scale of operations. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between May 6 to May 13, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). Share Price Decline Between May 6 – May. 13: 3.53% With operations throughout the United States, Global Partners LP (NYSE:GLP) is a vertically integrated energy distribution company that focuses on gas stations, convenience stores, and LNG terminals. Global Partners LP (NYSE:GLP) posted its Q1 2025 results last week, reporting an EPS of $0.36 and beating expectations by a significant $0.39. The company's net income for the quarter came in at $18.7 million, against a net loss of $5.6 million in the same period last year. However, GLP's revenue of $4.6 billion missed estimates by a little over $1 billion, despite being up by 10.78% YoY. Overall, GLP ranks 9th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GLP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
14-05-2025
- Business
- Yahoo
Is Epsilon Energy (EPSN) Stock Outpacing Its Oils-Energy Peers This Year?
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Epsilon Energy Ltd. (EPSN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. Epsilon Energy Ltd. is one of 246 companies in the Oils-Energy group. The Oils-Energy group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Epsilon Energy Ltd. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for EPSN's full-year earnings has moved 29.7% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the most recent data, EPSN has returned 7.3% so far this year. At the same time, Oils-Energy stocks have lost an average of 3.1%. This shows that Epsilon Energy Ltd. is outperforming its peers so far this year. Global Partners LP (GLP) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 0.2%. Over the past three months, Global Partners LP's consensus EPS estimate for the current year has increased 13.2%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Epsilon Energy Ltd. belongs to the Oil and Gas - Integrated - United States industry, a group that includes 15 individual stocks and currently sits at #142 in the Zacks Industry Rank. On average, this group has lost an average of 5.7% so far this year, meaning that EPSN is performing better in terms of year-to-date returns. Global Partners LP, however, belongs to the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry. Currently, this 6-stock industry is ranked #166. The industry has moved -2.6% so far this year. Investors with an interest in Oils-Energy stocks should continue to track Epsilon Energy Ltd. and Global Partners LP. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Epsilon Energy Ltd. (EPSN) : Free Stock Analysis Report Global Partners LP (GLP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
