Welcome to our dedicated page for Crossamerica Partners Lp news (Ticker: CAPL), a resource for investors and traders seeking the latest updates and insights on Crossamerica Partners Lp stock.
CrossAmerica Partners LP (CAPL) maintains a leading position in wholesale motor fuel distribution and retail site management. This news hub provides investors and industry observers with centralized access to official updates, strategic developments, and operational changes impacting this essential energy infrastructure partner.
Key resources include earnings announcements, partnership expansions, real estate portfolio updates, and market positioning shifts. Track the company's dual-segment strategy through verified reports on wholesale distribution networks and retail site conversions that drive its unique business model.
Users will find timely updates on CrossAmerica's relationships with major oil brands, geographic expansion efforts, and operational adjustments responding to fuel market dynamics. The curated news selection enables efficient monitoring of factors influencing long-term stability and growth in this critical supply chain sector.
Bookmark this page for direct access to CrossAmerica's latest press releases and third-party analyses. Regular updates ensure stakeholders maintain current awareness of developments affecting one of America's largest independent fuel distributors and strategic real estate lessors.
CrossAmerica Partners LP (NYSE: CAPL) has announced the maintenance of its quarterly distribution at $0.5250 per unit for the first quarter of 2025, equivalent to an annualized distribution of $2.10 per unit. The distribution will be paid on May 15, 2025, to unitholders of record as of May 5, 2025.
The company has scheduled a conference call for May 8th at 9:00 a.m. Eastern Time to discuss their Q1 2025 earnings results, which will be released after market close on May 7.
CrossAmerica Partners LP (NYSE: CAPL) has scheduled its first quarter 2025 earnings release for May 7, 2025 after market close. The company will host a conference call on May 8, 2025, at 9:00 a.m. Eastern Time to discuss the results.
Investors can join the conference call using the numbers 800-717-1738 or 646-307-1865 with passcode 274981. A live audio webcast and related earnings materials, including GAAP to non-GAAP reconciliations, will be available on the investor section of CrossAmerica's website. The webcast archive will be accessible for 60 days following the call.
CrossAmerica Partners LP (NYSE: CAPL) has announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC) on February 27, 2025. The annual report, which includes the Partnership's audited financial statements, is accessible through the company's website at www.crossamericapartners.com and the SEC's website at www.sec.gov.
Unitholders can request printed copies of the report through the company's online information request system or by contacting investor relations at 610-625-8000.
CrossAmerica Partners LP (NYSE: CAPL) reported Q4 2024 financial results with net income of $16.9 million, down from $16.7 million in Q4 2023. Full-year 2024 net income decreased to $22.5 million from $42.6 million in 2023.
The retail segment showed growth with Q4 gross profit up 9% year-over-year, driven by a 22% higher average site count. Same-store fuel volume increased 2%, and merchandise sales excluding cigarettes grew 2%. However, wholesale segment gross profit declined 22% in Q4 2024.
Key metrics for 2024 included:
- Adjusted EBITDA: $145.5M (vs $165.8M in 2023)
- Distributable Cash Flow: $86.0M (vs $116.7M in 2023)
- Distribution Coverage Ratio: 1.08x (vs 1.46x in 2023)
- Leverage ratio: 4.36x (vs 4.21x in 2023)
The company divested 30 properties in 2024 for $36.3 million, resulting in a net gain of $23.3 million, as part of its ongoing optimization efforts.
CrossAmerica Partners LP (NYSE: CAPL) has announced the maintenance of its quarterly distribution at $0.5250 per unit for the fourth quarter of 2024, equivalent to an annualized distribution of $2.10 per unit. The distribution will be paid on February 13, 2025, to unitholders of record as of February 3, 2025.
The company has scheduled a conference call for February 27th at 9:00 a.m. Eastern Time to discuss their fourth quarter and full year 2024 earnings results, which will be released after market close on February 26.
CrossAmerica Partners LP (NYSE: CAPL) has scheduled its fourth quarter and full year 2024 earnings release for Wednesday, February 26, 2025, after market close. The company will host a conference call on Thursday, February 27, at 9:00 a.m. Eastern Time to discuss the results.
Investors can access the conference call via phone at 800-717-1738 or 646-307-1865 using passcode 43042. A live audio webcast and related earnings materials, including GAAP to non-GAAP reconciliations, will be available on the investor section of CrossAmerica's website. The webcast archive will be accessible for 60 days following the call.
CrossAmerica Partners LP (NYSE: CAPL) reported Q3 2024 financial results with net income of $10.7 million, down from $12.3 million in Q3 2023. Adjusted EBITDA was $43.9 million, slightly down from $44.2 million year-over-year. The retail segment showed strong performance with gross profit increasing 24% to $83.6 million, while wholesale segment gross profit declined 16% to $27.6 million. The company maintained a distribution coverage ratio of 1.26x and reduced leverage to 4.21x. The Board declared a quarterly distribution of $0.5250 per unit.
CrossAmerica Partners LP (NYSE: CAPL) has announced the maintenance of its quarterly distribution at $0.5250 per unit for the third quarter of 2024, equivalent to an annualized distribution of $2.10 per unit. The distribution will be paid on November 13, 2024, to unitholders of record as of November 4, 2024. The company will discuss its Q3 2024 earnings results in a conference call scheduled for November 7th at 9:00 a.m. Eastern Time, following the earnings release after market close on November 6.
CrossAmerica Partners LP (NYSE: CAPL) has announced it will release its third quarter 2024 earnings results after market close on Wednesday, November 6, 2024. The company will host a conference call on Thursday, November 7, at 9:00 a.m. Eastern Time to discuss the results. Investors can join the call using the numbers 800-717-1738 or 646-307-1865 with passcode 264936.
A live audio webcast of the conference call and related earnings materials, including reconciliations of non-GAAP to GAAP financial measures, will be available on the investor section of CrossAmerica's website. The webcast archive will be accessible for sixty days after the call.
CrossAmerica Partners LP (NYSE: CAPL) has rescheduled its second quarter 2024 earnings call and webcast due to technical difficulties. The new date is set for Friday, August 9, at 9:00 a.m. Eastern Time. Investors can join the conference call using the numbers 800-717-1738 or 646-307-1865 with the passcode 29269. A live audio webcast will be available on the investor section of the CrossAmerica website, along with related earnings materials including reconciliations of non-GAAP to GAAP financial measures. The webcast archive will be accessible for 60 days after the call.
