Global Partners (GLP) Posts Mixed Q1 Results

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Go back to Global Partners (GLP) Posts Mixed Q1 Results

Global Partners Reports First-Quarter 2015 Financial Results

May 7, 2015 8:00 AM EDT

First-Quarter Highlights:

Net Income of $30.4 Million EBITDA of $71.8 Million Distributable Cash Flow of $53.7 Million

WALTHAM, Mass.--(BUSINESS WIRE)-- Global Partners LP (NYSE: GLP) today reported financial results for the first quarter ended March 31, 2015.

Global delivered strong EBITDA and distributable cash flow that demonstrate the earnings power of our diversified business model, said Eric Slifka, the Partnerships President and Chief Executive Officer. Reflecting our acquisition of Warren Equities, as well as the favorable impact of declining gasoline prices, our Gasoline... More