The board of directors of Global Partners LP’s general partner Global GP LLC declared a quarterly cash dividend on the partnership’s 9.5% fixed-rate Series B preferred units, Global Partners announced April 15.
The quarterly distribution will be $0.60 per unit, or $2.38 per unit annualized, for the period of Feb. 15 through May 14.
The distribution will be paid on May 15 to Series B preferred unitholders of record as of the open of business on May 1.
RELATED
Global Partners Buys Four Liquid Energy Terminals from Gulf Oil
Recommended Reading
CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave
2024-02-26 - Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.
ProPetro to Provide eFrac Services to Exxon’s Permian Operations
2024-04-29 - ProPetro has entered a three-year agreement to provide electric hydraulic fracturing services for Exxon Mobil’s operations in the Permian Basin.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
2024-04-04 - The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Granite Ridge Resources Declares Quarterly Dividend
2024-02-20 - Granite Ridge Resources’ dividend is payable March 15.
Permian E&P Midway Energy Partners Secures Backing from Post Oak
2024-02-09 - Midway Energy Partners will look to acquire and exploit opportunities in the Permian Basin with backing from Post Oak Energy Capital.