Welcome to our dedicated page for Crossamerica Partners Lp news (Ticker: CAPL), a resource for investors and traders seeking the latest updates and insights on Crossamerica Partners Lp stock.
CrossAmerica Partners LP (CAPL) maintains a leading position in wholesale motor fuel distribution and retail site management. This news hub provides investors and industry observers with centralized access to official updates, strategic developments, and operational changes impacting this essential energy infrastructure partner.
Key resources include earnings announcements, partnership expansions, real estate portfolio updates, and market positioning shifts. Track the company's dual-segment strategy through verified reports on wholesale distribution networks and retail site conversions that drive its unique business model.
Users will find timely updates on CrossAmerica's relationships with major oil brands, geographic expansion efforts, and operational adjustments responding to fuel market dynamics. The curated news selection enables efficient monitoring of factors influencing long-term stability and growth in this critical supply chain sector.
Bookmark this page for direct access to CrossAmerica's latest press releases and third-party analyses. Regular updates ensure stakeholders maintain current awareness of developments affecting one of America's largest independent fuel distributors and strategic real estate lessors.
CrossAmerica Partners LP reported a Net Loss of $17.5 million in Q1 2024, with Adjusted EBITDA of $23.6 million and Distributable Cash Flow of $11.7 million. The Gross Profit for Wholesale Segment decreased, while the Retail Segment saw an increase. Leverage increased to 4.49 times. The Distribution Coverage Ratio declined to 1.37 times. The company converted Applegreen lessee dealer locations to company operated sites. Quarterly distribution declared at $0.5250 per unit.
FAQ
What is the current stock price of Crossamerica Partners Lp (CAPL)?
What is the market cap of Crossamerica Partners Lp (CAPL)?
