CrossAmerica Partners

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels and owning and leasing of real estate used in the retail distribution of motor fuels. It operates through the following segments: Wholesale and Retail. The Wholesale segment distributes branded motor fuels such as ExxonMobil, BP, Motiva, Chevron, Sunoco, Valero, Gulf, Citgo, and Marathon. The Retail segment owns, leases and operates convenience stores used in the retail distribution of motor fuel. The company was founded on December 2, 2011 and is headquartered in Allentown, PA.

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CrossAmerica Partners (CAPL) posts robust Q4 earnings, eyes strategic growth

CrossAmerica Partners (CAPL) reported strong Q4 2022 results, with notable increases in gross profit, net income, adjusted EBITDA, and distributable cash flow, showcasing operational efficiency and profitability.
While facing challenges such as increased operating expenses and a decline in wholesale volume, the company demonstrated resilience and strategic focus, presenting opportunities for further optimization and growth.
Investors can be optimistic about CrossAmerica Partners' performance, given its strong financial position, focus on cost management, and potential for strategic initiatives to drive future success in the fuel distribution market.

CrossAmerica Partners reports Q1 growth, refinance, and strategic opportunities

CrossAmerica Partners delivered a solid performance in Q1 2023, with growth in wholesale and retail segments, despite a slight decline in wholesale volume.
The company's proactive measures, such as refinancing credit facilities and property sales, position it well for future operations and strategic initiatives.
While facing challenges in volume and retail dynamics, CrossAmerica Partners has opportunities to drive growth through strategic partnerships and continued focus on operational efficiency.

CrossAmerica Partners reports mixed Q2 results with retail segment growth

CrossAmerica Partners faced challenges with cash flow and rising expenses in Q2.
However, strong performance in the retail segment and increased adjusted EBITDA are notable.
Opportunities lie in retail volume growth, consumer interest, and strategic investments.

CrossAmerica Partners reports Q3 decline in profits, eyes operational optimization

CrossAmerica Partners faced challenges with declining fuel margins and increased operating expenses, leading to lower EBITDA and distributable cash flow in Q3 2023.
Despite these challenges, the company demonstrated strengths in growing wholesale volume, increasing inside sales, and improving merchandise gross profit in the retail segment.
To capitalize on opportunities, CrossAmerica Partners can focus on optimizing fuel margins, enhancing retail profitability, and implementing cost-saving measures for sustainable growth.

CrossAmerica Partners posts solid Q4 results amidst operational growth

CrossAmerica Partners (CAPL) delivered a solid performance in Q4 2023, driven by growth in the wholesale and retail segments.
While facing challenges such as increased operating expenses and a decline in full year net income, the company showcased financial resilience and operational strength.
Opportunities lie in leveraging retail segment growth, optimizing costs, and capital structure to drive future profitability and sustainable growth.
Overall, CrossAmerica Partners remains well-positioned to navigate challenges and capitalize on opportunities for long-term value creation.

CrossAmerica Partners reports Q1 loss, focuses on retail growth

CrossAmerica Partners faced challenges in the wholesale segment but showed strength in retail growth and site expansion. The net loss in Q1 2024 was primarily due to a lease termination, impacting financial performance. Despite this, the partnership remains focused on optimizing operations and pursuing growth opportunities.

CrossAmerica Partners (CAPL) reports mixed Q2 results, focuses on retail growth

CrossAmerica Partners (CAPL) demonstrated strength in retail segment growth and operational improvements.
Challenges include declines in wholesale segment profit and distributable cash flow.
Opportunities lie in optimizing operations, enhancing retail performance, and cost-saving measures.
Overall, the partnership aims to leverage strategic actions for continued growth and profitability.

CrossAmerica Partners reports mixed Q3 performance with growth opportunities

CrossAmerica Partners (CAPL) showed strength in the retail segment but faced challenges in wholesale.
The company needs to address declining wholesale volume and manage operating expenses effectively.
Opportunities exist in optimizing operations, expanding retail presence, and improving profitability.
Overall, a mixed performance in Q3 2024 with a decrease in distributable cash flow and net income.

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CrossAmerica Partners LP engages in the business of wholesaling distribution of motor fuel, convenience store operation, and the ownership and leasing of real estate used in the retail distribution of motor fuel. It operates through the Wholesale and Retail segments. The Wholesale segment focuses on providing wholesale distribution services to lessee dealers and independent dealers. The Retail segment includes retail sale of motor fuel at retail sites operated by commission agents, convenience merchandise items, and motor fuel at company operated sites. The company was founded on December 2, 2011 and is headquartered in Allentown, PA.

CrossAmerica Partners presently offers a very high distribution yield of 11.30%, but it remains unsustainably high, and sadly, it masks an unattractive valuation.

CrossAmerica Partners: Unsustainably High Yield Masks An Unattractive Valuation

Crossamerica Partners' (CAPL) CEO Charles Nifong on Q2 2021 Results - Earnings Call Transcript

Allentown, PA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Reports Second Q uarter 20 2 1 Results and Announces Appointment of New Chief Financial Officer

CrossAmerica Partners LP Reports Second Quarter 2021 Results and Announces Appointment of New Chief Financial Officer

Allentown, July 16, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners to Announce

CrossAmerica Partners to Announce Second Quarter 2021 Earnings Results on August 9

Whilst I have previously warned that the very high 11% distribution yield from CrossAmerica Partners was risky, these risks have now been kicked into overdrive. They saw a bad start to 2021 with their first quarter seeing both their operating cash flow and adjusted EBITDA down around 20% year-on-year.

CrossAmerica Partners: One More Bad Quarter And Say Goodbye To Your Distributions

CrossAmerica Partners LP (CAPL) CEO Charles Nifong on Q1 2021 Results - Earnings Call Transcript

Allentown, PA, May 10, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Reports F irst Q uarter 20 2 1 Results

CrossAmerica Partners LP Reports First Quarter 2021 Results

CANONSBURG, Pa.--(BUSINESS WIRE)-- #CFO--Archaea Energy appoints Eric Javidi as CFO to lead its financial operations and strategy and help drive its financial performance and growth.

Archaea Energy Appoints Eric Javidi as Chief Financial Officer

Allentown, PA, April 29, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Announces Definitive Agreement to Acquire 106 Convenience Store Locations From 7- Eleven, Inc.

CrossAmerica Partners LP Announces Definitive Agreement to Acquire 106 Convenience Store Locations From 7-Eleven, Inc.

CrossAmerica Partners and Sunoco are quite similar in terms of operational nature, financial resilience during 2020, and both also have very high distribution yields of around 10%. Whilst I have previously turned bullish on Sunoco, the same is not happening with CrossAmerica Partners.

CrossAmerica Partners: I'm Still Not A Fan Despite Turning Bullish On Sunoco

CrossAmerica Partners' (CAPL) strategic efforts and a favorable financial position make it a lucrative choice at the moment.

Why You Should Invest in CrossAmerica Partners (CAPL) Now

Allentown, April 16, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners to Announce

CrossAmerica Partners to Announce First Quarter 2021 Earnings Results on May 10

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Allentown, March 02, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners Files 2020 Annual Report on Form 10-K

CrossAmerica Partners Files 2020 Annual Report on Form 10-K

CrossAmerica Partners LP (CAPL) CEO Charles Nifong on Q4 2020 Results - Earnings Call Transcript

Allentown, March 01, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Reports Fourth Quarter and Year-End 2020 Results

CrossAmerica Partners LP Reports Fourth Quarter and Year-End 2020 Results

CAPL had better earnings in Q1-3 '20 - adjusted EBITDA rose 6%, DCF grew 24%, and net income grew over 6X. Management continued to hold the quarterly distribution steady in 2018-2020 and Q1 2021 at $.525.

CrossAmerica Partners LP: 11% Yield, Turning A Corner

Allentown, Jan. 15, 2021 (GLOBE NEWSWIRE) -- CrossAmerica Partners to Announce

CrossAmerica Partners to Announce Year-End/Fourth Quarter 2020 Earnings Results on March 1

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CrossAmerica Partners' (CAPL) strategic efforts, northward earnings projections and strong fundamentals make it a lucrative choice at the moment.

Why it is Worth Betting on CrossAmerica Partners (CAPL) Now

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CrossAmerica (CAPL) possesses solid growth attributes, which could help it handily outperform the market.

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CrossAmerica Partners reported quite strong results for the third quarter of 2020 but for the time being, their very high distribution yield of around 15% still remains risky.

News for CrossAmerica Partners Stock (CAPL)