CrossAmerica Partners to Announce First Quarter 2023 Earnings Results on May 8
CrossAmerica Partners LP (NYSE: CAPL) will announce its first quarter 2023 earnings on May 8, 2023, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CrossAmerica Partners LP (NYSE: CAPL) will announce its first quarter 2023 earnings on May 8, 2023, after market close. A conference call for investors will follow on May 9, 2023, at 9:00 a.m. Eastern Time. Interested parties can participate via a live webcast or telephone registration accessible on the company’s investor website. The earnings release will include detailed financial metrics, including reconciliations for any non-GAAP measures. CrossAmerica operates a wide distribution network, servicing approximately 1,750 locations across 34 states, and ranks among the top distributors for major oil brands like ExxonMobil and BP. The company emphasizes growth through its extensive partnerships and retail presence in the fuel distribution sector.
Positive
- Strong distribution network with approximately 1,750 locations across 34 states.
- Ranking among top distributors for major oil brands like ExxonMobil and BP affirms market position.
Negative
- None.
Details
News Market Reaction – CAPL
The recorded move for CAPL in the trading session of this news was +0.14%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Allentown, PA, April 17, 2023 (GLOBE NEWSWIRE) -- CrossAmerica Partners to Announce
First Quarter 2023 Earnings Results on May 8
ALLENTOWN, PA, April 17, 2023 – CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its first quarter 2023 results after the market closes on Monday, May 8, 2023. In conjunction with the news release, management will host a conference call on Tuesday, May 9 at 9:00 a.m. Eastern Time.
A live webcast of the call can be accessed by going to the investor section of the CrossAmerica Partners website at https://caplp.gcs-web.com/webcasts-presentations. Interested parties may participate live via telephone by registering at a conference call link also provided at https://caplp.gcs-web.com/webcasts-presentations. Please follow this link and register with a valid email address. A PIN will be provided to you with dial-in instructions. Also included on the website on that same day will be related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures.
After the live conference call, an archive of the webcast will be available on the investor section of the CrossAmerica site at https://caplp.gcs-web.com/webcasts-presentations within 24 hours after the call for a period of sixty days.
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 1,750 locations and owns or leases approximately 1,150 sites. With a geographic footprint covering 34 states, the Partnership has well-established relationships with several major oil brands, including ExxonMobil, BP, Shell, 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.crossamericapartners.com.
Contacts
Investors:
Randy Palmer, 610-625-8000
rpalmer@caplp.com
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