Global Partners LP hits 52-week high at $53.38 amid Q2 earnings

Global Partners LP (GLP) reached a 52-week high of $53.38 on September 8, 2026, as the company reported second-quarter earnings that outperformed earnings expectations despite falling short on revenue targets. The stock has climbed 32% year-to-date, driven by a 5.92% dividend yield and a 10.79 P/E ratio, with a PEG ratio of 0.12 indicating relatively attractive valuation among growth-oriented peers. In Q2, the company reported adjusted earnings per share (EPS) of $1.86, surpassing the $0.92 forecast, while net income surged 181.7% year-over-year to $71 million. Revenue of $6.79 billion missed the $7.59 billion estimate but benefited from wider margins and strong cash generation, underscoring operational resilience despite the shortfall.