Global Partners LP (NYSE:GLP) Q2 2023 Earnings Call Transcript

Tyler Rakers: And if I could ask, with the as you said, regarding the M&A environment with the higher interest we’re seeing, if maybe we’d see as well as with the Exxon deal, if we’d see more of these JV structured deals going forward?

Eric Slifka: Yes. I don’t really know. I mean, I’d say we’re going to try to be opportunistic, right? And the concept at least with the JV with Exxon is can we expand it. But it’s — we’re already in Texas. We’ve been in Texas for a while doing wholesale. We think this is a natural extension for global regardless of that. And what I’d say generally is we’re having more conversations now because we’re recognized differently in that market, which is, frankly, how we’ve built the business over decades of doing what we do, right.

Operator: We have reached the end of the question-and-answer session. Mr. Slifka, I’d now like to turn the floor back over to you for closing comments.

Eric Slifka: Thank you for joining us this morning. We look forward to keeping you updated on our progress. Enjoy the weekend, everyone. Thank you.

Operator: Ladies and gentlemen, this does conclude today’s teleconference. You may disconnect your lines at this time. Thank you for your participation, and have a wonderful day.