Global Partners Q4 net income $55.3M ($1.41/unit); Adjusted EBITDA $112.1M, DCF $59.4M

GLOBAL PARTNERS LP

Net income $55.3M ($1.41 per diluted unit) vs $57.5M ($1.54) in Q4 2022.
Adjusted EBITDA $112.1M vs $106.9M; DCF $59.4M vs $57.3M in prior year quarter.
Combined product margin $305.7M, up from $303.8M, on higher retail fuel margins.
Completed acquisition of 25 liquid energy terminals from Motiva with 25-year take-or-pay throughput agreement.
Completed first acquisition in retail JV with ExxonMobil: 64 convenience/fueling facilities in Greater Houston.

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