CAPL Research | Milton Maxwell

CAPL

CrossAmerica Partners LP

20.68

-0.08-0.39%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

788.33M

P/E (TTM)

17.38

Basic EPS (TTM)

1.19

Dividend Yield

0.1%

Recent Filings

10-Q

11/5/25Nov 5, 2025

8-K

11/5/25Nov 5, 2025

8-K

Maintains Q3 distribution at $0.5250

10/22/25Oct 22, 2025

CrossAmerica Partners LP held its quarterly distribution steady at $0.5250 per unit for Q3 2025, matching Q2 and annualizing to $2.10 per unit. The payout hits unitholders on November 13, payable to those of record on November 3. Earnings details emerge November 5, with a call following. Stability signals reliable cash flows amid fuel distribution pressures.

8-K

Retail SVP resigns amicably

10/3/25Oct 3, 2025

CrossAmerica Partners LP announced the resignation of Senior Vice President of Retail Stephen J. Lattig, effective October 31, 2025, following his notification on September 29. The departure stems from personal reasons, with no disagreements involving management or the board. This leadership shift in retail operations could prompt a search for a successor amid stable operations.

10-Q

Q2 FY2025 results

8/7/25Aug 7, 2025

CrossAmerica Partners LP posted solid Q2 FY2025 results, with operating revenues dipping 15% year-over-year to $961.9M amid a 13% drop in average fuel prices, yet operating income surged 47% to $41.5M thanks to $28.4M in gains from selling 60 sites as part of its real estate rationalization. Gross profit edged down 4% to $101.0M, but retail margins held steady at 37.0 cents per gallon while wholesale volumes fell 7% from site conversions. Free cash flow stood at $15.7M after $21.9M in capex, bolstering cash to $9.7M and $193.6M revolver availability against $727.0M debt at 6.1% effective rate. The Applegreen deal closed in April 2024 for $16.9M cash, shifting 59 sites to company-operated and recognizing no new goodwill. Conversions boosted retail operating income, but fuel price volatility remains a key risk.

About

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. The company was founded in 1992 and is based in Allentown, Pennsylvania.

CEO

Mr. Charles M. Nifong Jr.

IPO

10/25/2012

Website

https://www.crossamericapartners.com

Sector

Energy

Industry

Oil & Gas Refining & Marketing