Robert Owens - Global Partners Independent Director of the General Partner

GLP Stock  USD 51.85  1.29  2.55%   

Insider

Robert Owens is Independent Director of the General Partner of Global Partners LP since 2020.
Age 67
Tenure 4 years
Phone781 894 8800
Webhttps://www.globalp.com

Global Partners Management Efficiency

The company has Return on Asset of 0.0492 % which means that on every $100 spent on assets, it made $0.0492 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1858 %, implying that it generated $0.1858 on every 100 dollars invested. Global Partners' management efficiency ratios could be used to measure how well Global Partners manages its routine affairs as well as how well it operates its assets and liabilities.
Global Partners LP has 1.54 B in debt with debt to equity (D/E) ratio of 2.06, meaning that the company heavily relies on borrowing funds for operations. Global Partners LP has a current ratio of 1.13, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Global to invest in growth at high rates of return.

Similar Executives

Showing other executives

INSIDER Age

Janine McArdleAntero Midstream Partners
59
Paolo EnoiziGasLog Partners LP
50
Thomas KaczynskiMPLX LP
59
Aaron MerrickAntero Midstream Partners
62
Todd LohrmannDT Midstream
N/A
Peter DeaAntero Midstream Partners
67
Brendan KruegerAntero Midstream Partners
39
J SymondsPlains All American
78
Alexandros LaiosGasLog Partners LP
N/A
Dwayne WilsonDT Midstream
62
W KeenanAntero Midstream Partners
69
J SticeMPLX LP
61
Edward FlynnGenesis Energy LP
66
Kevin McCarthyPlains All American
60
Frederick ForthuberWestern Midstream Partners
N/A
Diana HoffAntero Midstream Partners
N/A
Rose RobesonAntero Midstream Partners
60
Alexandros LaiosGasLog Partners LP
N/A
Wright LassiterDT Midstream
57
Konstantinos KarathanosGasLog Partners LP
50
Konstantinos KarathanosGasLog Partners LP
50
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company was incorporated in 2005 and is based in Waltham, Massachusetts. Global Partners operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2430 people. Global Partners LP (GLP) is traded on New York Stock Exchange in USA. It is located in 800 South Street, Waltham, MA, United States, 02454-9161 and employs 3,485 people. Global Partners is listed under Wholesale category by Fama And French industry classification.

Management Performance

Global Partners LP Leadership Team

Elected by the shareholders, the Global Partners' board of directors comprises two types of representatives: Global Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Partners' management team and ensure that shareholders' interests are well served. Global Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
David McKown, Independent Director of the General Partner
Catie Kerns, VP Affairs
Andrew Slifka, Executive Vice President, Director of the General Partner
Kenneth Watchmaker, Independent Director of the General Partner
Richard Slifka, Chairman of the Board of the General Partner
Daphne Foster, Chief Financial Officer, Director of the General Partner
Lorraine Spadaro, Chief Officer
Sean Geary, Chief Secretary
Eric Slifka, President, Chief Executive Officer, Vice Chairman of the Board of the General Partner
John Hailer, Independent Director of the General Partner
Gregory Hanson, Chief Financial Officer of the General Partner
Jaime Pereira, Independent Director of the General Partner
Matthew Spencer, Chief Accounting Officer of the General Partner
Robert Owens, Independent Director of the General Partner
Scott Solomon, Vice President
Philip Segaloff, Senior Counsel
Robert McCool, Independent Director of the General Partner
Mark Romaine, Chief Operating Officer of the General Partner
Maura McDonough, Chief Officer
Edward Faneuil, Executive VP of Global GP LLC, General Counsel of Global GP LLC and Secretary of Global GP LLC
Jeremy Langhorn, Chief Human Resource Officer of the General Partner

Global Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Global Partners a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Global Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Global Stock

  0.83AM Antero Midstream PartnersPairCorr
  0.95EE Excelerate EnergyPairCorr
  0.85ET Energy Transfer LP Aggressive PushPairCorr
  0.87DLNG Dynagas LNG Partners Earnings Call This WeekPairCorr

Moving against Global Stock

  0.66LPG Dorian LPGPairCorr
  0.56GEL Genesis Energy LPPairCorr
  0.37FRO Frontline Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.
The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Global Stock Analysis

When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.