Global Partners (GLP) Q1 2026 Net Income Rises to $70.1 Million
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowGlobal Partners (GLP) reported a net income of $70.1 million for Q1 2026, up from $18.7 million a year prior. EBITDA also increased to $142.1 million, compared to $91.9 million in Q1 2025. Distributable cash flow nearly doubled to $96.4 million, leading to a distribution coverage ratio of 1.96. The board approved a quarterly distribution of $0.765 per common unit, marking the eighteenth consecutive increase. These results were attributed to improved margins in gasoline and fuel pricing amid volatile market conditions.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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