CrossAmerica Partners LP (CAPL) CrossAmerica Partners LP primarily operates in the United States, focusing on three main areas: the bulk supply of motor fuels, the management of convenience stores, and the acquisition and leasing of properties vital for retail fuel sales. The entity's business is structured into two distinct segments: Wholesale and Retail. Its Wholesale division is responsible for distributing motor fuels in large quantities to a varied network, including dealers who lease from them, independent operators, agents working on commission, and their own operated retail locations. In contrast, the Retail segment concentrates on the direct sale of convenience merchandise and motor fuels to consumers at both company-owned and commission agent-managed sites. As of December 31, 2021, the company's wholesale fuel distribution network encompassed approximately 1,750 sites spread across 34 states. Additionally, its real estate holdings, through ownership or lease agreements, amounted to roughly 1,150 locations. CrossAmerica GP LLC acts as the general partner for the organization. The company, originally established in 1992, was initially known as Lehigh Gas Partners LP before officially changing its name to CrossAmerica Partners LP in October 2014. Its corporate headquarters are situated in Allentown, Pennsylvania.
Sector: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
Industry: Oil & Gas Refining & Marketing
CrossAmerica Partners LP NYSE:CAPL Energy · Oil & Gas Refining & Marketing
Mkt Cap $847.45M
Div Yield 9.46%
AH Close $22.20 +0.00% vs close
AH Close $22.20 +0.00% vs close
Mkt Cap $847.45M
Div Yield 9.46%
All Press Release SEC Filings News
Press Release
CrossAmerica Partners LP Maintains Quarterly Distribution
CrossAmerica Partners' general partner board approved a Q3 2026 quarterly distribution of $0.5250 per unit ($2.10 annualized), unchanged from the prior level.
The distribution is payable November 12, 2026 to unitholders of record on November 2, 2026.
The partnership also scheduled its Q3 2026 earnings release for after market close on November 4, with a conference call the following morning.
• 5d ago AI analysis › Press Release
CrossAmerica Partners to Announce Third Quarter 2026 Earnings Results on November 4
CrossAmerica Partners LP will release its third quarter 2026 results after market close on Wednesday, November 4, 2026.
Management will host a conference call the next morning, November 5, at 9:00 a.m. ET, with an audio webcast and replay available on the company's investor site.
The notice contains no financial results or guidance and is purely a scheduling announcement.
• 10d ago AI analysis › News
CAPL's 9.6% Yield Looks Tempting, but Is the Stock a Buy?
zacks.com • 1mo ago News
CAPL Faces Fuel Volume Pressure: Can Higher Margins Help?
zacks.com • 1mo ago News
CrossAmerica Partners (NYSE:CAPL) Stock Price Passes Below 50-Day Moving Average – Should You Sell?
defenseworld.net • 1mo ago News
CAPL or GLP: Which Energy MLP Has the Stronger Investment Case?
zacks.com • 1mo ago News
CrossAmerica Partners (NYSE:CAPL) Reaches New 52-Week High – Here’s What Happened
defenseworld.net • 2mo ago News
Can CrossAmerica (CAPL) Run Higher on Rising Earnings Estimates?
zacks.com • 2mo ago News
CrossAmerica Partners LP (CAPL) Hits Fresh High: Is There Still Room to Run?
zacks.com • 2mo ago News
CrossAmerica Partners LP (CAPL) Shares Surge 3.8% -- What GF Score of 73 Tells Investors
gurufocus.com • 2mo ago News
New Strong Buy Stocks for August 10th
zacks.com • 2mo ago News
Best Income Stocks to Buy for August 10th
zacks.com • 2mo ago News
CrossAmerica Partners Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
CrossAmerica Partners LP Common Units (CAPL) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago SEC Filing ⚠ 8
CAPL: 10-Q · periodic report
CrossAmerica Partners LP reported second-quarter 2026 operating revenues of $1.18 billion, up 23% year over year, driven by a 48% rise in the average WTI crude price to $95.65 per barrel. Net income nonetheless fell 17% to $20.8 million ($0.52 diluted per unit) because the prior-year quarter included $28.4 million of disposition gains versus just $1.1 million this year.
Underlying operations strengthened: Q2 gross profit rose 12% to $112.8 million and first-half net income jumped 74% to $31.5 million. Retail margin per gallon improved to $0.492 from $0.370 and wholesale margin to $0.111 from $0.085, although consolidated fuel volumes declined 11% in the quarter.
After quarter-end on July 15, 2026, the partnership amended its credit facility to extend the $671.6 million maturity from March 31, 2028 to July 15, 2031, remove the SOFR credit spread adjustment, and set leverage covenants of 5.00x stepping down to 4.75x after Q3 2027. Availability under the facility was $248.5 million at June 30, 2026, with an effective interest rate of 5.5%.
The quarterly distribution was held flat at $0.5250 per unit, and a January 2026 Getty lease amendment reset rent on 106 sites to $6.9 million annually while adding $56.3 million to finance lease obligations. Total equity remained a deficit of $107.2 million against only $4.9 million of cash on hand.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major
CrossAmerica Partners LP Reports Second Quarter 2026 Results
CrossAmerica Partners reported Q2 2026 Adjusted EBITDA of $51.8 million, up from $37.1 million in the prior year, with Distributable Cash Flow increasing 50% to $33.6 million.
The Distribution Coverage Ratio improved significantly to 1.39 times for the trailing twelve months compared to 1.00 times in 2025, driven by higher motor fuel margins and lower operating expenses.
Leverage decreased to 3.57 times from 3.65 times year-over-year, and the board declared a quarterly distribution of $0.5250 per unit alongside the appointment of Jonathan Benfield as CFO.
• 2mo ago AI analysis › Press Release
CrossAmerica Partners LP Maintains Quarterly Distribution
CrossAmerica Partners LP maintained its quarterly distribution at $0.5250 per unit, payable August 13, 2026 to unitholders of record on August 3.
The annualized rate remains $2.10 per unit.
The company will host a conference call on August 6 to discuss Q2 earnings results released the prior day.
• 3mo ago AI analysis › Press Release
CrossAmerica Partners to Announce Second Quarter 2026 Earnings Results on August 5
CrossAmerica Partners LP announced it will release its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026.
Management will host a conference call to discuss the results on Thursday, August 6, at 9:00 a.m. Eastern Time, accessible via dial-in or live webcast.
The Partnership is a wholesale distributor of motor fuels serving approximately 1,500 locations across 34 states and maintains relationships with major oil brands including ExxonMobil and Shell.
• 3mo ago AI analysis › SEC Filing
CAPL: 8-K · material agreement
CrossAmerica Partners LP and its subsidiary Lehigh Gas Wholesale Services, Inc. entered into a Second Amendment to their credit agreement on July 15, 2026, extending the maturity date from March 31, 2028 to July 15, 2031.
The agreement revises the financial covenant requirements, setting a maximum Consolidated Leverage Ratio of 5.00 to 1.00 for fiscal quarters ending June 2026 through September 2027, and tightening to 4.75 to 1.00 for quarters ending December 2027 and thereafter.
Citizens Bank, N.A. continues as the administrative agent under the amended facility, which also removes the SOFR credit spread adjustment while leaving all other terms and conditions in full force.
SEC 8-K • 3mo ago AI analysis › Press Release ● Major
CrossAmerica Partners LP Reports First Quarter 2026 Results
CrossAmerica Partners swung to a Q1 profit of $10.7 million, reversing a prior-year loss, driven by record Adjusted EBITDA of $35.1 million.
Leverage improved to 3.35x from 4.27x year-over-year, while the trailing twelve-month distribution coverage ratio rose to 1.25x.
The board declared a $0.5250 quarterly distribution and appointed Maura Topper as CEO effective March 2, 2026.
• 5mo ago AI analysis › Press Release
CrossAmerica Partners LP Maintains Quarterly Distribution
CrossAmerica Partners LP announced that its Board of Directors approved a quarterly distribution of $0.5250 per unit attributable to the first quarter of 2026.
This distribution rate is unchanged from the prior quarter, representing an annualized payout of $2.10 per unit.
The Partnership is scheduled to release its first quarter 2026 earnings results after the market closes on May 6.
• 6mo ago AI analysis › 
