Compare · GLP vs NGL
GLP vs NGL
Side-by-side comparison of Global Partners LP (GLP) and NGL ENERGY PARTNERS LP (NGL): market cap, price performance, sector, and recent activity on the wire.
Summary
- GLP operates in Energy, while NGL operates in Utilities - the two are in different parts of the market.
- NGL is the larger of the two at $1.89B, about 1.2x GLP ($1.62B).
- Over the past year, GLP is down 5.2% and NGL is up 257.7% - NGL leads by 262.9 points.
- NGL has been more active in the news (7 items in the past 4 weeks vs 3 for GLP).
- GLP has more recent analyst coverage (4 ratings vs 0 for NGL).
Global Partners LP
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil and propane retailers, and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. The company's Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to end user customers in the public sector, as well as to commercial and industrial end users; and sells custom blended fuels. As of December 31, 2020, the company had a portfolio of 1,548 owned, leased, and/or supplied gasoline stations, which included 277 directly operated convenience stores; and owned, leased, or maintained storage facilities at 25 bulk terminals with a collective storage capacity of 11.8 million barrels. Global GP LLC serves as the general partner of the company. The company was incorporated in 2005 and is based in Waltham, Massachusetts.
NGL ENERGY PARTNERS LP
NGL Energy Partners LP engages in the crude oil and liquids logistics, and water solution businesses. The company's Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and pipeline transportation services. Its Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and brackish non-potable water. The company's Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 28 terminals, third-party storage and terminal facilities, and common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia; and offers terminaling and storage services. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
Latest GLP
- Global Partners LP filed SEC Form 8-K: Other Events
- Global Partners LP Announces Full Redemption of Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units
- General Partner Global Gp Llc bought $430,450 worth of Common units representing limited partner interests (10,000 units at $43.05), increasing direct ownership by 7% to 146,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $465,950 worth of Common units representing limited partner interests (10,000 units at $46.59), increasing direct ownership by 8% to 136,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $498,050 worth of Common units representing limited partner interests (10,000 units at $49.80), increasing direct ownership by 9% to 126,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $493,950 worth of Common units representing limited partner interests (10,000 units at $49.40), increasing direct ownership by 9% to 116,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $735,100 worth of Common units representing limited partner interests (15,000 units at $49.01), increasing direct ownership by 16% to 106,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $722,550 worth of Common units representing limited partner interests (15,000 units at $48.17), increasing direct ownership by 20% to 91,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $710,409 worth of Common units representing limited partner interests (14,184 units at $50.09), increasing direct ownership by 23% to 76,584 units (SEC Form 4)
- General Partner Global Gp Llc bought $1,247,875 worth of Common units representing limited partner interests (25,000 units at $49.91), increasing direct ownership by 67% to 62,400 units (SEC Form 4)
Latest NGL
- Chief Executive Officer Krimbill H Michael was granted 700,000 units of Common Units, increasing direct ownership by 24% to 3,678,615 units (SEC Form 4)
- Director Reiners Derek S was granted 24,000 units of Common Units, increasing direct ownership by 19% to 150,000 units (SEC Form 4)
- Director Guderian Bryan K was granted 24,000 units of Common Units, increasing direct ownership by 20% to 146,500 units (SEC Form 4)
- CFO & EVP Cooper Bradley P was granted 600,000 units of Common Units, increasing direct ownership by 300% to 800,000 units (SEC Form 4)
- Director Collingsworth James M was granted 24,000 units of Common Units (SEC Form 4)
- Director Coady Shawn W was granted 24,000 units of Common Units, increasing direct ownership by 14% to 196,304 units (SEC Form 4)
- NGL Energy Partners Announces Earnings Call
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units
- NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2026 Financial Results; Guidance for Fiscal 2027
- SEC Form 10-K filed by NGL ENERGY PARTNERS LP