Why These 15 Oil & Gas Stocks Are Skyrocketing So Far In 2025

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8. Global Partners LP (NYSE:GLP)

Number of Hedge Fund Holders In Q3 2024: 1

Global Partners LP (NYSE:GLP) is a vertically integrated energy distribution company that focuses on gas stations, convenience stores, and LNG terminals.

The stock is up significantly so far this year mostly due to broader market confidence and solid performance so far. Q3 2024 results showed net income of $45.9 million, up 71% year-over-year, along with EBITDA of $119.1 million, up 55% year-over-year. Gross profit also rose to $286 million.

GLP increased its quarterly dividend distribution to $0.74/unit ($2.96 annualized).

In addition, it has acquired 29 terminals since 2023. This includes ExxonMobil’s East Providence terminals. The terminal has 959,730 barrels of storage. It also expanded its EV charging infrastructure in New Hampshire and Massachusetts.

The consensus price target of $54 implies 0.33% downside.

GLP stock is up 15.5% year-to-date.

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