Business Context and Reporting Period
Company: Global Partners LP
Filing Type: Form 8-K (Current Report)
Date of Report: January 20, 2010
Event: Declaration of quarterly cash distribution by the Board of Directors of Global GP LLC.
Key Financial Metrics
This filing reports a specific distribution event rather than comprehensive financial performance metrics. The following distribution details are provided:
- Quarterly Distribution: $0.4875 per unit.
- Annualized Distribution: $1.95 per unit.
- Applicable Units: All outstanding common and subordinated units.
- Reporting Period for Distribution: October 1, 2009 through December 31, 2009.
- Record Date: February 3, 2010.
- Payment Date: February 12, 2010.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing does not disclose material changes in financial performance compared to prior periods. It solely announces the declaration of the quarterly distribution for the fourth quarter of 2009.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates a press release (Exhibit 99.1) regarding the distribution declaration.
Regulatory Note: In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act unless specifically stated otherwise.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Investor Verification Checklist
- Verify the record date of February 3, 2010, to confirm eligibility for the distribution.
- Confirm the payment date of February 12, 2010, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context on the distribution decision.
- Note that this filing does not contain audited financial statements or operational metrics for the period.