Global Partners Declares Increased Cash Distribution for the Second Quarter of 2018
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP
LLC, has declared a quarterly cash distribution of $0.4750 per unit ($1.90 per unit on an annualized basis) on all of its
outstanding common units for the period from April 1 to June 30, 2018. The distribution will be paid August 14, 2018 to unitholders
of record as of the close of business on August 9, 2018.
The distribution to be paid in August 2018 represents an increase of 2.7% over the quarterly distribution of $0.4625 per unit
paid in May 2018.
About Global Partners LP
Global Partners is a midstream logistics and marketing master limited partnership that owns, controls or has access to one of
the largest terminal networks of petroleum products and renewable fuels in the Northeast. With approximately 1,500 locations,
primarily in the Northeast, Global is one of the largest regional independent owners, suppliers and operators of gasoline stations
and convenience stores. Global is also one of the largest distributors of gasoline, distillates, residual oil and renewable fuels
to wholesalers, retailers and commercial customers in New England and New York. The Partnership is also engaged in the
transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. For additional
information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,”
“expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to
identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on
Global Partners’ current expectations and beliefs concerning future developments and their potential effect on the Partnership.
While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that
future developments affecting the Partnership will be those that it anticipates. All comments concerning the Partnership’s
expectations for future revenues and operating results are based on forecasts for its existing operations and do not include the
potential impact of any future acquisitions. Forward-looking statements involve significant risks and uncertainties (some of which
are beyond the Partnership’s control) and assumptions that could cause actual results to differ materially from the Partnership’s
historical experience and present expectations or projections.
For additional information regarding known material factors that could cause actual results to differ from the Partnership’s
projected results, please see Global Partners’ filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The
Partnership undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made,
whether as a result of new information, future events or otherwise.
Global Partners LP
Daphne H. Foster, 781-894-8800
Chief Financial Officer
or
Edward J. Faneuil, 781-894-8800
Executive Vice President, General Counsel and Secretary
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