Why Global Partners (GLP) Is Losing This Week

We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Global Partners LP (NYSE:GLP) stands against other energy stocks that are declining this week.

The energy sector was among the largest beneficiaries of the truce between the United States and China this week, resulting in the West Texas Intermediate (WTI) crude oil price rallying aggressively to cross the $63 mark, up from a multi-year low of $57.13 it hit last week. However, despite the gains, oil’s upside potential remains limited due to an abundant supply following a decision by OPEC+ to further increase output in June. Moreover, prices still remain below the $65 break-even mark for most producers operating in the prolific Permian Basin in the US, forcing them to potentially stop drilling and cut jobs.

Additionally, despite Beijing cutting its levies on American goods to 10% for a 90-day period, it is unlikely that the agreement will do much to increase its import of US energy. China’s import of American energy commodities was effectively gone as soon as Beijing put an initial 10% tariff on crude oil and 15% on LNG and coal in early February, so these commodities will remain uncompetitive in the country even at the lower 10% tariff for the next 90 days. According to commodity analysts Kpler, no American crude oil is scheduled to arrive at Chinese ports this month, while only three cargoes were unloaded in April. The imports of American LNG have also suffered a similar fate, with Kpler showing no cargoes since February.

Why Global Partners LP (GLP) is Losing This Week

Aerial view of an oil & gas refinery, showcasing the scale of operations.

Our Methodology

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between May 6 to May 13, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period.

At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Global Partners LP (NYSE:GLP)

Share Price Decline Between May 6 – May. 13: 3.53%

With operations throughout the United States, Global Partners LP (NYSE:GLP) is a vertically integrated energy distribution company that focuses on gas stations, convenience stores, and LNG terminals.

Global Partners LP (NYSE:GLP) posted its Q1 2025 results last week, reporting an EPS of $0.36 and beating expectations by a significant $0.39. The company’s net income for the quarter came in at $18.7 million, against a net loss of $5.6 million in the same period last year. However, GLP’s revenue of $4.6 billion missed estimates by a little over $1 billion, despite being up by 10.78% YoY.

Overall, GLP ranks 9th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GLP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.