secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PARTNERS LP (GLP)
CIK:        0001323468
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001104659-25-018694
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Partners Q4 net income drops 57% YoY to $23.9M; storage capacity expands to 22M bbl
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- Q4 2024 net income $23.9M ($0.52 diluted unit) vs $55.3M ($1.41) in Q4 2023.
- Full-year 2024 net income $110.3M ($2.41/unit) vs $152.5M ($3.76) in 2023.
- Q4 adjusted EBITDA $97.8M vs $112.1M; full-year adjusted EBITDA $388.9M vs $356.3M.
- DCF $45.7M in Q4 vs $59.4M; full-year DCF $205.8M vs $202.7M.
- Since late 2023, added 30 terminals, storage capacity up 12.1M bbl to 22M bbl.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1323468/000110465925018694/0001104659-25-018694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1323468/000110465925018694/tm257694d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-018694

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