secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PARTNERS LP (GLP)
CIK:        0001323468
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001104659-24-028486
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1323468/000110465924028486/0001104659-24-028486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1323468/000110465924028486/tm247043d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028486

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer