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CrossAmerica Partners LP - CAPL STOCK NEWS

Welcome to our dedicated news page for CrossAmerica Partners LP (Ticker: CAPL), a resource for investors and traders seeking the latest updates and insights on CrossAmerica Partners LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CrossAmerica Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CrossAmerica Partners LP's position in the market.

Rhea-AI Summary
CrossAmerica Partners LP (NYSE: CAPL) has announced a quarterly distribution of $0.5250 per unit for the first quarter of 2024, totaling $2.10 per unit annually. The distribution will be paid on May 10, 2024, to unitholders of record on May 3, 2024. A conference call to discuss first quarter 2024 earnings results will be held on May 9th.
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CrossAmerica Partners LP (NYSE: CAPL) will release its first quarter 2024 earnings results on May 8, 2024. A conference call will follow on May 9 at 9:00 a.m. Eastern Time. Investors can access the call through the provided numbers and webcast link on the company's website.
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CrossAmerica Partners LP (CAPL) filed its 2023 Annual Report on Form 10-K for the fiscal year ending December 31, 2023, with the SEC. The report includes audited financial statements and can be accessed on the company's website or the SEC's website. Unitholders can request a printed copy through the provided channels.
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CrossAmerica Partners LP reported solid financial results for the fourth quarter and full year of 2023. The company achieved a net income of $16.7 million in Q4 2023, with Adjusted EBITDA of $47.6 million and Distributable Cash Flow of $35.8 million. However, the full year 2023 saw a decline in Net Income, Adjusted EBITDA, Distributable Cash Flow, and Distribution Coverage Ratio compared to 2022. The Wholesale Segment saw a 1% increase in gross profit in Q4 2023, driven by improved fuel margins. The Retail Segment experienced a 14% increase in gross profit in Q4 2023, attributed to higher fuel and merchandise gross profit. CrossAmerica also announced a quarterly distribution of $0.5250 per limited partner unit for Q4 2023.
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Kayne Energy Infrastructure (KEI) announced the return of Eric Javidi and Harrison Little to the firm in senior leadership roles. With over $4 billion in assets, KEI focuses on the energy infrastructure sector, including traditional and renewable infrastructure. Javidi will join as Managing Partner and Co-head of KEI, while Little will serve as Deputy Co-head of KEI and Director of Research. The move is aimed at capitalizing on the compelling investment environment for energy infrastructure, leveraging the experience of Javidi and Little in traditional energy and energy transition.
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CrossAmerica Partners LP (CAPL) maintains a quarterly distribution of $0.5250 per unit for the fourth quarter of 2023, with an annualized total of $2.10 per unit. The distribution will be payable on February 9, 2024, to all unitholders of record on February 2, 2024. The company will also host a conference call on February 27th to discuss fourth quarter and full year 2023 earnings results.
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CrossAmerica Partners LP (NYSE: CAPL) will release its fourth quarter and full year 2023 earnings results on February 26, 2024. Management will host a conference call on February 27 at 9:00 a.m. Eastern Time. An audio webcast and related earnings materials will be available on the investor section of the CrossAmerica website.
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CAPL CrossAmerica Partners LP Reports Third Quarter 2023 Results with Net Income of $12.3M, Adjusted EBITDA of $44.2M and Distributable Cash Flow of $31.4M
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CrossAmerica Partners LP maintains quarterly distribution of $0.5250 per unit for the third quarter of 2023.
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CrossAmerica Partners to Announce Third Quarter 2023 Earnings Results on November 7
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CrossAmerica Partners LP

NYSE:CAPL

CAPL Rankings

CAPL Stock Data

854.24M
18.05M
52.42%
24.57%
0.17%
Pipeline Transportation of Crude Oil
Transportation and Warehousing
Link
US
Allentown

About CAPL

crossamerica partners is a leading wholesale distributor of motor fuels and owner and lessor of real estate used in the retail distribution of motor fuels. its general partner, crossamerica gp llc, is a wholly owned subsidiary of alimentation couche -tard, one of the largest independent retailers of motor fuels and convenience merchandise. 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 1,200 locations and owns or leases approximately 900 sites. with a geographic footprint covering 29 states, the partnership has well-established relationships with several major oil brands, including exxonmobil, bp, shell, chevron, 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.crossa