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Global Partners (GLP) Competitors

$48.33
+1.56 (+3.34%)
(As of 05/31/2024 ET)

GLP vs. MMLP, ETRN, KNTK, BEPC, SM, ENLC, CWEN, VAL, TDW, and CPG

Should you be buying Global Partners stock or one of its competitors? The main competitors of Global Partners include Martin Midstream Partners (MMLP), Equitrans Midstream (ETRN), Kinetik (KNTK), Brookfield Renewable (BEPC), SM Energy (SM), EnLink Midstream (ENLC), Clearway Energy (CWEN), Valaris (VAL), Tidewater (TDW), and Crescent Point Energy (CPG).

Global Partners vs.

Martin Midstream Partners (NASDAQ:MMLP) and Global Partners (NYSE:GLP) are both small-cap transportation companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, profitability, valuation, institutional ownership, dividends, risk, media sentiment, analyst recommendations and earnings.

34.9% of Martin Midstream Partners shares are held by institutional investors. Comparatively, 38.1% of Global Partners shares are held by institutional investors. 17.0% of Martin Midstream Partners shares are held by insiders. Comparatively, 41.5% of Global Partners shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Global Partners has a net margin of 0.71% compared to Global Partners' net margin of 0.52%. Martin Midstream Partners' return on equity of 18.45% beat Global Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Martin Midstream Partners0.52% -5.98% 0.75%
Global Partners 0.71%18.45%3.66%

Global Partners has higher revenue and earnings than Martin Midstream Partners. Global Partners is trading at a lower price-to-earnings ratio than Martin Midstream Partners, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Martin Midstream Partners$797.96M0.15-$4.55M$0.0934.56
Global Partners$16.49B0.10$142.60M$2.6917.99

Martin Midstream Partners pays an annual dividend of $0.02 per share and has a dividend yield of 0.6%. Global Partners pays an annual dividend of $2.84 per share and has a dividend yield of 5.9%. Martin Midstream Partners pays out 22.2% of its earnings in the form of a dividend. Global Partners pays out 105.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Global Partners has raised its dividend for 4 consecutive years. Global Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Martin Midstream Partners has a beta of 2.15, suggesting that its stock price is 115% more volatile than the S&P 500. Comparatively, Global Partners has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500.

In the previous week, Global Partners had 5 more articles in the media than Martin Midstream Partners. MarketBeat recorded 9 mentions for Global Partners and 4 mentions for Martin Midstream Partners. Martin Midstream Partners' average media sentiment score of 1.11 beat Global Partners' score of 0.49 indicating that Global Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Martin Midstream Partners
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Global Partners
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Martin Midstream Partners received 14 more outperform votes than Global Partners when rated by MarketBeat users. Likewise, 59.44% of users gave Martin Midstream Partners an outperform vote while only 55.56% of users gave Global Partners an outperform vote.

CompanyUnderperformOutperform
Martin Midstream PartnersOutperform Votes
299
59.44%
Underperform Votes
204
40.56%
Global PartnersOutperform Votes
285
55.56%
Underperform Votes
228
44.44%

Global Partners has a consensus price target of $44.00, suggesting a potential downside of 9.05%. Given Martin Midstream Partners' higher possible upside, analysts plainly believe Global Partners is more favorable than Martin Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Martin Midstream Partners
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Global Partners
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Global Partners beats Martin Midstream Partners on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GLP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GLP vs. The Competition

MetricGlobal PartnersPetroleum bulk stations & terminals IndustryEnergy SectorNYSE Exchange
Market Cap$1.58B$855.29M$8.10B$17.63B
Dividend Yield6.07%3.34%11.64%3.55%
P/E Ratio17.9926.2711.4022.39
Price / Sales0.100.1392.2010.20
Price / Cash5.904.1811.0819.02
Price / Book2.622.622.975.91
Net Income$142.60M$69.03M$977.25M$976.46M
7 Day Performance9.71%4.85%1.23%0.57%
1 Month Performance3.38%9.07%5.41%4.71%
1 Year Performance64.73%56.76%9.56%23.99%

Global Partners Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MMLP
Martin Midstream Partners
3.1509 of 5 stars
$3.11
-4.6%
N/A+51.7%$127.14M$797.96M34.561,619Short Interest ↑
ETRN
Equitrans Midstream
3.2911 of 5 stars
$14.27
-0.1%
$11.22
-21.4%
+67.4%$6.20B$1.39B15.86773Short Interest ↑
KNTK
Kinetik
2.2961 of 5 stars
$41.00
+2.9%
$40.50
-1.2%
+26.7%$6.12B$1.26B16.80330
BEPC
Brookfield Renewable
3.12 of 5 stars
$31.56
+0.6%
$34.00
+7.7%
-6.1%$5.67B$5.04B-68.601,890Short Interest ↑
News Coverage
SM
SM Energy
3.6842 of 5 stars
$50.48
+2.5%
$54.57
+8.1%
+92.0%$5.66B$2.37B7.91544Analyst Upgrade
ENLC
EnLink Midstream
1.5332 of 5 stars
$12.69
+2.6%
$14.33
+13.0%
+30.0%$5.58B$6.90B36.241,072High Trading Volume
CWEN
Clearway Energy
0.8258 of 5 stars
$28.00
+2.8%
$29.00
+3.6%
-2.5%$5.51B$1.31B42.4261
VAL
Valaris
3.4852 of 5 stars
$77.39
+2.4%
$99.20
+28.2%
+34.1%$5.47B$1.78B6.775,985Positive News
TDW
Tidewater
3.0055 of 5 stars
$103.33
+0.3%
$98.00
-5.2%
+130.5%$5.44B$1.01B41.177,300Positive News
CPG
Crescent Point Energy
3.9477 of 5 stars
N/A$13.81
+∞
N/A$5.32B$2.59B-107.36777Analyst Forecast
Positive News

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This page (NYSE:GLP) was last updated on 6/1/2024 by MarketBeat.com Staff

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