Global Partners LP shares soared 6.9% in the last trading session to close at $46.08, driven by strong investor sentiment following a significant insider purchase by its general partner, Global GP LLC. The acquisition of 10,000 common units worth roughly $430,000 signaled management's confidence in the partnership's outlook. The rally was further supported by robust first-quarter 2026 results, including EPS of $1.85 that far exceeded expectations, strong cash generation, and growing cash distributions. Favorable energy market conditions and confidence in payout sustainability also added to the stock's momentum. The company is expected to post quarterly earnings of $1.24 per share in its upcoming report, representing a year-over-year change of plus 125.5%, with revenues expected to be $7.51 billion, up 62.2% from the year-ago quarter.
Global Partners LPStrong Q1 earnings beat, insider purchase, and raised distributions
Crossamerica Partners LPInsider purchase by Global GP LLC signals confidence