CrossAmerica Partners Files 2022 Annual Report on Form 10-K

Rhea-AI Summary

CrossAmerica Partners LP (NYSE: CAPL) filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the SEC on February 28, 2023. This report includes the Partnership's audited financial statements and can be accessed via the Partnership's or SEC's websites. Unitholders can request printed copies for detailed insights into financial performance. CrossAmerica Partners operates as a wholesale distributor of motor fuels and convenience store operator, covering 34 states and serving approximately 1,750 locations. Notably, it ranks among ExxonMobil's largest distributors by fuel volume in the U.S.

Positive

• Filing of the Annual Report on Form 10-K provides transparency to investors.
• CrossAmerica Partners operates in a wide geographic area, enhancing market reach.
• Partnership has strong relationships with major oil brands, boosting credibility and business stability.

Negative

• None.

Allentown, PA, March 01, 2023 (GLOBE NEWSWIRE) -- CrossAmerica Partners Files 2022 Annual Report on Form 10-K

ALLENTOWN, PA, March 1, 2023 – CrossAmerica Partners LP (NYSE: CAPL) on February 28, 2023 has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (SEC). The filing can be viewed through a link on the Partnership's website at www.crossamericapartners.com or on the SEC's website at www.sec.gov.

The Partnership's unitholders may request a printed copy of the report, which contains the Partnership's audited financial statements. Requests should be submitted at https://caplp.gcs-web.com/information-request or by contacting investor relations at 610-625-8000.

About CrossAmerica Partners LP

CrossAmerica Partners is a leading wholesale distributor of motor fuels, convenience store operator and owner and lessor of real estate used in the retail distribution of motor fuels. Its general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with Joseph V. Topper, Jr., the founder of CrossAmerica Partners and a member of the board of the general partner since 2012.  Formed in 2012, CrossAmerica Partners LP is a distributor of branded and unbranded petroleum for motor vehicles in the United States and distributes fuel to approximately 1,750 locations and owns or leases approximately 1,150 sites. With a geographic footprint covering 34 states, the Partnership has well-established relationships with several major oil brands, including ExxonMobil, BP, Shell, Sunoco, Valero, Gulf, Citgo, Marathon and Phillips 66. CrossAmerica Partners ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and in the top 10 for additional brands. For additional information, please visit www.crossamericapartners.com.

Contacts

Investors:
Randy Palmer, rpalmer@caplp.com, 210-742-8316

FAQ

What is the significance of CrossAmerica Partners' Form 10-K filing for 2022?

The filing provides detailed financial statements and insights into the company's performance, enhancing transparency for investors.

How can unitholders access the 2022 Annual Report of CrossAmerica Partners?

Unitholders can view the report on CrossAmerica's website or the SEC's website and request printed copies for further details.

What operations does CrossAmerica Partners engage in?

CrossAmerica Partners is a wholesale distributor of motor fuels and operates convenience stores across 34 states.

Which major oil brands does CrossAmerica Partners distribute fuel for?

The Partnership has established relationships with brands including ExxonMobil, BP, Shell, and Valero.

How many locations does CrossAmerica Partners serve?

CrossAmerica Partners serves approximately 1,750 locations and owns or leases around 1,150 sites.