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Meet the GLP-1 Drug That Could Be the Biggest Concern for Eli Lilly and Novo Nordisk
fool.com· 2024-05-17 12:24
Could Amgen be the next stock to soar due to a GLP-1 drug? Glucagon-like peptide 1 (GLP-1) weight-loss drugs such as Zepbound and Wegovy are growing in popularity. And that has made the companies who make those drugs, Eli Lilly and Novo Nordisk, hot investments over the past few years. But there could soon be many more options out there for patients. Given the potential for a weight-loss drug to generate tens of billions of dollars in revenue for a company, there's bound to be a lot of interest in the space ...
Global Partners LP(GLP) - 2024 Q1 - Quarterly Report
2024-05-08 19:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32593 Global Partners LP (Exact name of registrant as specified in its charter) Delaware 74-3140887 (State or ot ...
Global Partners LP(GLP) - 2024 Q1 - Earnings Call Transcript
2024-05-08 17:09
Global Partners LP Common Units (NYSE:GLP) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Sean Geary - CLO & Secretary Eric Slifka - President & CEO Gregory Hanson - CFO Mark Romaine - COO Conference Call Participants Selman Akyol - Stifel Operator Good day, everyone, and welcome to the Global Partners First Quarter 2024 Financial Results Conference Call. Today's call is being recorded. [Operator Instructions]. With us from Global Partners are President and Chief Executive Off ...
Global Partners LP(GLP) - 2024 Q1 - Quarterly Results
2024-05-08 12:08
Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Gregory B. Hanson Sean T. Geary Chief Financial Officer Chief Legal Officer and Secretary Global Partners LP Global Partners LP (781) 894-8800 (781) 894-8800 Global Partners LP Reports First-Quarter 2024 Financial Results Waltham, Mass., May 8, 2024 – Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the first quarter ended March 31, 2024. CEO Commentary Eric Slifka, the Partnership’s President and Chief Executive ...
What Will Global Partners' (GLP) Q1 Earnings Unveil?
Zacks Investment Research· 2024-05-06 13:36
Global Partners LP (GLP) is set to release first-quarter results on May 8. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 10 cents per unit on revenues of $5.2 billion.Let’s delve into the factors that might have influenced the vertically integrated energy partnership’s results in the March quarter. But it’s worth taking a look at GLP’s previous-quarter performance first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, the Waltham, MA-based gasoli ...
Global Partners LP (GLP) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-04-25 23:21
In the latest trading session, Global Partners LP (GLP) closed at $47.33, marking a +1.39% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.46%. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq lost 0.64%.Shares of the company have appreciated by 4.92% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.21% and the S&P 500's loss of 3.04%.Analysts and investors alike will be keeping a close eye on the performance of Glob ...
3 Top-Ranked Value Stocks to Buy From the Energy Space
Zacks Investment Research· 2024-04-12 14:56
Despite the remarkable performance of the Oil/Energy market so far this year — up 16.6% compared with the S&P 500’s 8.2% increase — not all stocks have become overpriced. There are still plenty of opportunities available. Investors who focus on value aim to identify stocks that are currently undervalued, anticipating that others will eventually recognize their true worth, potentially leading to significant returns. After all, everyone appreciates a good bargain.For those investors seeking stocks with reason ...
Global Partners (GLP) Acquires Gulf Oil Terminals Worth $212M
Zacks Investment Research· 2024-04-12 14:26
Global Partners LP (GLP) , a U.S.-based midstream energy company, has closed the acquisition of four liquid energy terminals from Gulf Oil Limited Partnership in a deal worth $212.3 million. The partnership mentioned that the strategic locations of the acquired terminals will aid GLP’s position in key areas of the energy economy of the Northeast United States. The terminals are located in Chelsea, MA; New Haven, CT; and Linden and Woodbury, NJ.These terminals, which boast a combined shell capacity of 3 mill ...
Time to Buy These Highly Ranked Stocks as Markets Selloff
Zacks Investment Research· 2024-04-10 23:16
Most of the major stock market indexes dropped over -1% on Wednesday as the Consumer Price Index (CPI) rose 3.5% year over year in March and was up 0.4% from the previous month.Accelerating from February’s 3.2% YoY uptick, another hot inflationary reading is starting to leave doubt that the Fed will implement three rate cuts in 2024 and may instead shift to two cuts later in the year.While this was the catalyst for today’s broader market selloff here are two highly-ranked Zacks stocks that were able to with ...
Should Value Investors Buy Global Partners (GLP) Stock?
Zacks Investment Research· 2024-04-05 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being un ...