Global Partners LP Common Units representing Limited Partner Interests (GLP)

Competitors to Global Partners LP Common Units representing Limited Partner Interests (GLP)

Buckeye Partners, L.P.

Buckeye Partners offers services that align closely with Global Partners, particularly in the transportation and storage of liquids and refined petroleum products. Both companies operate in similar geographic regions, competing for the same clientele in the energy logistics space. Buckeye's extensive pipeline infrastructure and significantly established reputation in the market provide it with an advantage in securing long-term contracts and customer loyalty. Global Partners, in contrast, may maintain an edge due to its strategic partnerships and diversified service offerings.

DTE Energy Company 

DTE Energy is a prominent competitor in the energy sector, providing natural gas, electricity, and renewable energy solutions. While DTE focuses primarily on utility services in the Midwest, Global Partners LP competes through its extensive network of terminals and logistics for petroleum products. DTE’s investment in renewable energy projects gives it an edge in sustainability and innovation, potentially appealing to environmentally conscious consumers, while Global Partners may leverage its infrastructure to provide more efficient distribution.

Magellan Midstream Partners, L.P.

Magellan Midstream Partners is a significant competitor in the transportation and storage of refined petroleum products and crude oil. Its extensive pipeline network and storage facilities provide a cost-effective medium to transport energy, which is a direct competition to Global Partners’ logistics capabilities. Magellan's strategic positioning and asset integration provide it with a competitive advantage in operational efficiency and market reach, though Global Partners has the advantage of diversified service offerings, which can attract various customer segments.

PBF Energy Inc. 

PBF Energy is engaged primarily in refining petroleum products and may compete with Global Partners regarding wholesale supply of refined products. While PBF is more focused on refining processes, its influence over refined product pricing and market distribution can create competitive pressure on Global Partners, especially in pricing strategies. Global Partners has the advantage in logistics and terminal infrastructure, which could complement its positioning and balance against PBF's refining capabilities.

World Fuel Services Corporation

World Fuel Services primarily focuses on fuel logistics and supply chain management, competing closely with Global Partners LP in the energy distribution market. Both companies operate globally, providing fuel procurement, logistical services, and energy management. World Fuel Services has a broader international footprint and a more diverse service portfolio, which may provide it with a competitive edge in global markets while Global Partners may excel in localized operations and regional distribution.