CrossAmerica Partners LP Maintains Quarterly Distribution
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) ha annunciato il mantenimento della sua distribuzione trimestrale a $0.5250 per unità per il quarto trimestre del 2024, equivalente a una distribuzione annualizzata di $2.10 per unità. La distribuzione sarà pagata il 13 febbraio 2025 agli azionisti registrati il 3 febbraio 2025.
L'azienda ha programmato una chiamata congiunta per il 27 febbraio alle 9:00 ora orientale per discutere i risultati economici del quarto trimestre e dell'intero anno 2024, che saranno pubblicati dopo la chiusura del mercato il 26 febbraio.
CrossAmerica Partners LP (NYSE: CAPL) ha anunciado el mantenimiento de su distribución trimestral en $0.5250 por unidad para el cuarto trimestre de 2024, equivalente a una distribución anualizada de $2.10 por unidad. La distribución se pagará el 13 de febrero de 2025 a los accionistas registrados hasta el 3 de febrero de 2025.
La compañía ha programado una conferencia telefónica para el 27 de febrero a las 9:00 a.m. hora del Este para discutir sus resultados de ganancias del cuarto trimestre y del año completo 2024, que se publicarán después del cierre del mercado el 26 de febrero.
크로스아메리카 파트너스 LP(NYSE: CAPL)는 2024년 4분기 동안 단위당 $0.5250의 분배금을 유지한다고 발표했습니다. 이는 단위당 연간 분배금 $2.10에 해당합니다. 분배금은 2025년 2월 13일에 2025년 2월 3일 기준의 주주에게 지급될 예정입니다.
회사는 2월 27일 오전 9:00(동부 표준시)에 2024년 4분기 및 연간 실적 결과에 대한 컨퍼런스 콜을 진행할 예정이며, 결과는 2월 26일 장 종료 후 발표될 것입니다.
CrossAmerica Partners LP (NYSE: CAPL) a annoncé le maintien de sa distribution trimestrielle à $0.5250 par unité pour le quatrième trimestre de 2024, ce qui équivaut à une distribution annualisée de $2.10 par unité. La distribution sera versée le 13 février 2025 aux actionnaires enregistrés au 3 février 2025.
La société a prévu une conférence téléphonique le 27 février à 9 heures, heure de l'Est, pour discuter de leurs résultats d'exploitation du quatrième trimestre et de l'année complète 2024, qui seront publiés après la fermeture du marché le 26 février.
CrossAmerica Partners LP (NYSE: CAPL) hat die Beibehaltung seiner vierteljährlichen Ausschüttung von $0.5250 pro Einheit für das vierte Quartal 2024 bekannt gegeben, was einer annualisierten Ausschüttung von $2.10 pro Einheit entspricht. Die Ausschüttung wird am 13. Februar 2025 an die zum 3. Februar 2025 eingetragenen Anteilseigner ausgezahlt.
Das Unternehmen hat eine Telefonkonferenz für den 27. Februar um 9:00 Uhr Eastern Time angesetzt, um über die Ergebnisse des vierten Quartals und des ganzen Jahres 2024 zu sprechen, die nach Börsenschluss am 26. Februar veröffentlicht werden.
- Maintained stable quarterly distribution of $0.5250 per unit
- Annualized distribution of $2.10 per unit indicates consistent income for unitholders
- None.
Insights
CrossAmerica Partners LP's decision to maintain its quarterly distribution at
The consistency in distribution policy is particularly noteworthy in the current market environment where many energy-related MLPs have faced pressure to modify their distribution strategies. The maintained payout suggests that CrossAmerica's management remains confident in their ability to generate sufficient distributable cash flow to support the current distribution level.
For investors' planning purposes, the distribution will be payable on February 13, 2025, with a record date of February 3, 2025. The upcoming earnings release scheduled for February 26 will be important for investors to assess the distribution coverage ratio and sustainability of the current payout level.
•Quarterly distribution of
Allentown, PA, Jan. 22, 2025 (GLOBE NEWSWIRE) --
CrossAmerica Partners LP Maintains Quarterly Distribution
- Quarterly distribution of
$0.52 50 per unit attributable to the fourth quarter of 2024
ALLENTOWN, PA (January 22, 2025) – CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of
CrossAmerica will host a conference call on February 27th at 9:00 a.m. Eastern Time to discuss fourth quarter/full year 2024 earnings results, which will be released after the market closes on Wednesday, February 26.
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 1,600 locations and owns or leases approximately 1,100 sites. With a geographic footprint covering 34 states, the Partnership has well-established relationships with several major oil brands, including ExxonMobil, BP, Shell, Marathon, Valero, Phillips 66 and other major brands. 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.
Forward Looking Statement
Statements contained in this release that state the Partnership’s or management's expectations or predictions of the future are forward-looking statements. The words "believe," "expect," "should," "intends," "estimates," "target," "plan" and other similar expressions identify forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements. For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see CrossAmerica's Forms 10-Q or Form 10-K filed with the Securities and Exchange Commission and available on CrossAmerica's website at www.crossamericapartners.com. The Partnership undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Note to Non-United States Investors: This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4. Brokers and nominees should treat one hundred percent (
Contact – Randy Palmer, rpalmer@caplp.com or 610-625-8000
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