Global Partners LP (Global Partners LP) Construction In Progress : $52.31 Mil (As of Mar. 2024)

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What is Global Partners LP Construction In Progress?

Global Partners LP's quarterly construction in progress increased from Sep. 2023 ($50.34 Mil) to Dec. 2023 ($54.28 Mil) but then declined from Dec. 2023 ($54.28 Mil) to Mar. 2024 ($52.31 Mil).

Global Partners LP's annual construction in progress increased from Dec. 2021 ($52.72 Mil) to Dec. 2022 ($56.05 Mil) but then declined from Dec. 2022 ($56.05 Mil) to Dec. 2023 ($54.28 Mil).

Global Partners LP Construction In Progress Historical Data

The historical data trend for Global Partners LP's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global Partners LP Construction In Progress Chart

Global Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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27.95

42.43

52.72

56.05

54.28

Global Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															43.40	48.05	50.34	54.28	52.31

Global Partners LP Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Global Partners LP (Global Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Partners LP (NYSE:GLPpB.PFD) » Definitions » Construction In Progress

Comparable Companies

GEL NVGS LPG DHT TNP TK NGL OSG KNTK PBT TSX:ENB EPD ET WMB OKE KMI MPLX TSX:TRP LNG TRGP

Traded in Other Exchanges

GLP:USA

Address

800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161

Website

https://www.globalp.com

Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.