Business Context and Reporting Period
Company: Global Partners LP (GLP)
Filing Type: Form 8-K (Current Report)
Date of Report: July 26, 2019
Reporting Period: Second Quarter 2019 (April 1, 2019 through June 30, 2019)
Key Financial Metrics
This filing announces a quarterly cash distribution rather than reporting operational financial results (revenue, profit, or cash flow).
- Quarterly Distribution: $0.5150 per common unit
- Annualized Distribution: $2.06 per common unit
- Payment Date: August 14, 2019
- Record Date: August 9, 2019
Note: The filing text does not provide values for revenue, profit, margins, debt, or liquidity.
Material Changes
The filing does not disclose material changes to financial performance or operations compared to prior periods. The primary event is the declaration of the quarterly distribution by the Board of Directors of Global GP LLC.
Guidance, Outlook, and Risks
Management Commentary: The filing serves as a Regulation FD disclosure regarding the distribution declaration. No forward-looking guidance or outlook is provided in this specific document.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Investor Verification Checklist
- Verify the record date (August 9, 2019) to ensure eligibility for the upcoming distribution.
- Confirm the payment date (August 14, 2019) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context on the distribution decision.
- Consult the most recent 10-Q or 10-K for operational financial metrics (revenue, EBITDA, debt) as this 8-K does not contain them.