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Global Partners LP (GLP) guidance and outlook

Global Partners LP's 10-Q filed Nov 6, 2026 makes 10 forward-looking statements, 0 of them new and 0 no longer said since the filing before.

Guidance and outlook

Forward-looking statements, 10-Q filed Nov 6, 2026

• ● Unitholders have limited voting rights and are not entitled to elect our general partner or its directors or remove our general partner without the consent of the holders of at least 66 2/3% of the outstanding common units (including common units held by our general partner and its affiliates), which could lower the trading price of our units.
• In addition, higher prices, including as a result of tariffs and other controls on imports or exports of goods, and inflation in general could reduce the demand for gasoline and the products and services we offer at our convenience stores and adversely impact our sales.
• updated · We expect to pay the total cash distribution of $32.5 million on November 13, 2026.
• We anticipate that maintenance capital expenditures will be funded with cash generated by operations.
• Expansion capital expenditures include expenditures to acquire assets to grow our businesses or expand our existing facilities, such as projects that increase our operating capacity or revenues by, for example, increasing dock capacity and tankage, diversifying product availability, investing in raze and rebuilds and new-to-industry gasoline stations and convenience stores, increasing storage flexibility at…
• updated · We expect maintenance capital expenditures of approximately $65.0 million to $75.0 million and expansion capital expenditures, excluding acquisitions, of approximately $75.0 million to $85.0 million in 2026, relating primarily to investments in our gasoline station and terminal businesses.
• We believe that we will have sufficient cash flow from operations, borrowing capacity under our credit agreement and the ability to issue additional equity and/or debt securities to meet our financial commitments, debt service obligations, contingencies and anticipated capital expenditures.
• We repay amounts outstanding and reborrow funds based on our working capital requirements and, therefore, classify as a current liability the portion of the working capital revolving credit facility we expect to pay down during the course of the year.
• The long-term portion of the working capital revolving credit facility is the amount we expect to be outstanding during the entire year.
• The significant accounting policies and estimates that we have adopted and followed in the preparation of our consolidated financial statements are detailed in Note 2 of Notes to Consolidated Financial Statements, “Summary of Significant Accounting Policies,” included in our Annual Report on Form 10-K for the year ended December 31, 2025.

Global Partners LP's latest quarter

Questions

What does Global Partners LP expect?

We expect to pay the total cash distribution of $32.5 million on November 13, 2026. We expect maintenance capital expenditures of approximately $65.0 million to $75.0 million and expansion capital expenditures, excluding acquisitions, of approximately $75.0 million to $85.0 million in 2026, relating primarily to investments in our gasoline station and terminal businesses.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.