Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Global Partners LP's share price for the quarter that ended in Sep. 2024 was $46.56. Global Partners LP's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 34 Mil. Therefore, Global Partners LP's market cap for the quarter that ended in Sep. 2024 was $1,570 Mil.
Global Partners LP's quarterly market cap
increased
from Mar. 2024 ($1,508 Mil) to Jun. 2024 ($1,542 Mil) and
increased
from Jun. 2024 ($1,542 Mil) to Sep. 2024 ($1,570 Mil).
Global Partners LP's annual market cap
increased
from Dec. 2021 ($798 Mil) to Dec. 2022 ($1,180 Mil) and
increased
from Dec. 2022 ($1,180 Mil) to Dec. 2023 ($1,434 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Global Partners LP's Enterprise Value for Today is $3,867 Mil.
Global Partners LP Market Cap Historical Data
The historical data trend for Global Partners LP's Market Cap 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.
Competitive Comparison of Global Partners LP's Market Cap
For the Oil & Gas Midstream subindustry, Global Partners LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Global Partners LP's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Global Partners LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Market Cap falls into.
Global Partners LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Global Partners LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Global Partners LP (NYSE:GLP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Global Partners LP Market Cap Related Terms
Thank you for viewing the detailed overview of Global Partners LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Partners LP is an U.S.-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.
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