Every 8-K that CrossAmerica Partners LP Common units representing limited partner interests (CAPL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CAPL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CAPL filings page.
CrossAmerica Partners LP reported second quarter 2026 results with net income of $20.8 million versus $25.2 million a year earlier, while Adjusted EBITDA rose to $51.8 million from $37.1 million and Distributable Cash Flow increased to $33.6 million from $22.4 million. Distribution coverage improved to 1.68x for the quarter and 1.39x for the trailing twelve months.
The retail segment generated gross profit of $85.7 million, up from $76.1 million, driven by higher fuel margin per gallon and stronger merchandise margins despite lower volumes and a smaller site count. The wholesale segment produced gross profit of $27.1 million, up from $24.9 million, as fuel margin per gallon increased even as volumes declined.
Leverage under the credit facility improved to 3.57x as of June 30, 2026, with $671.6 million outstanding, and a July 2026 amendment extended the facility’s maturity to July 15, 2031. The board declared a quarterly cash distribution of $0.5250 per common unit attributable to the quarter, payable August 13, 2026, and appointed Jonathan Benfield as Chief Financial Officer effective July 20, 2026.
CrossAmerica Partners LP reports several governance and capital actions. The board of the general partner appointed Jonathan E. Benfield as Chief Financial Officer, effective July 20, 2026, after serving as Interim CFO and Chief Accounting Officer since March 2, 2026. His compensation is unchanged, and the company notes no family relationships or related-party transactions.
The board granted each of six non-employee directors phantom units under the 2022 Incentive Award Plan with a grant-date Fair Market Value of $66,875, plus distribution equivalent rights; these awards vest after one year of continued service and settle in units or cash at the board’s discretion. CrossAmerica also declared a quarterly cash distribution of $0.5250 per unit for second quarter 2026 (annualized $2.10), payable August 13, 2026 to unitholders of record on August 3, 2026, and scheduled an August 6 conference call to discuss second-quarter results.
CrossAmerica Partners LP and its subsidiary Lehigh Gas Wholesale Services, Inc. entered into a Second Amendment to their Amended and Restated Credit Agreement with Citizens Bank, N.A. as administrative and collateral agent. The amendment extends the credit facility’s maturity date from March 31, 2028 to July 15, 2031, while leaving all other terms and conditions in place.
The amendment also removes the SOFR credit spread adjustment and revises the financial covenant on leverage. The Partnership must maintain a Consolidated Leverage Ratio not greater than 5.00 to 1.00 for fiscal quarters ending June 30, 2026 through September 30, 2027, and not greater than 4.75 to 1.00 for the quarter ending December 31, 2027 and thereafter.
CrossAmerica Partners LP reported a sharp turnaround for the quarter ended March 31, 2026, posting net income of $10.7 million versus a net loss a year ago. Adjusted EBITDA rose to $35.1 million and distributable cash flow to $21.5 million, significantly improving distribution coverage to 1.07x for the quarter and 1.25x over the last twelve months. Retail segment gross profit increased to $74.3 million on stronger fuel margins and merchandise performance, while wholesale gross profit declined to $23.3 million on lower rent and fuel margins. Leverage under the credit facility improved to 3.35x, and the Board declared a quarterly distribution of $0.5250 per common unit. The Partnership also appointed Maura Topper as CEO and President and Jon Benfield as Interim CFO effective March 2, 2026.
CrossAmerica Partners LP declared a quarterly cash distribution of $0.5250 per unit for the first quarter of 2026, equal to an annualized $2.10 per unit and unchanged from the fourth quarter of 2025. The distribution will be paid on May 14, 2026 to unitholders of record on May 4, 2026.
The partnership will release its first quarter 2026 earnings after the market closes on May 6 and will host a conference call on May 7 at 9:00 a.m. Eastern Time. The release also notes that 100% of distributions to non-U.S. investors are treated as effectively connected income and subject to U.S. federal withholding at the highest applicable effective tax rate.
CrossAmerica Partners LP announced an executive leadership transition at its general partner, CrossAmerica GP LLC. Maura Topper, previously Chief Financial Officer, has been appointed President and Chief Executive Officer effective March 2, 2026, succeeding Charles M. Nifong, Jr., who had led the Partnership since 2019.
Mr. Nifong is leaving his roles as President, CEO, and board member of the general partner to join the executive management team of affiliate Dunne Manning Holdings LLC. In connection with her promotion, Ms. Topper’s annual base salary was set at $500,000, with a target short-term incentive equal to 50% of base salary.
The Board also named Jonathan E. Benfield, Chief Accounting Officer, as Interim Chief Financial Officer and Chief Accounting Officer, effective March 2, 2026. For the period he serves in these roles, his annual base salary was increased to $325,000, and his target short-term incentive was set at 50% of base salary.
CrossAmerica Partners LP reported stronger full-year 2025 results with net income of $41.8 million, up from $22.5 million in 2024. Adjusted EBITDA held essentially flat at $146.0 million versus $145.5 million, while Distributable Cash Flow edged up to $87.8 million from $86.0 million.
Retail segment performance was a key driver, with 2025 retail gross profit rising to $302.2 million from $289.7 million on higher fuel and merchandise margins, despite modest volume declines. Wholesale gross profit declined to $100.5 million from $108.6 million as site conversions and asset sales reduced rent income and volumes.
The partnership executed a sizable real estate optimization program, selling 107 properties in 2025 for $103.3 million in proceeds and recording net gains of $45.9 million. Leverage, as defined in the credit facility, improved to 3.51x at December 31, 2025 from 4.36x a year earlier, and the full-year distribution coverage ratio increased to 1.10x. The quarterly cash distribution remained $0.5250 per common unit.
CrossAmerica Partners LP declared a quarterly cash distribution of $0.5250 per unit attributable to the fourth quarter of 2025, which is unchanged from the third quarter of 2025 and equals $2.10 per unit on an annualized basis. The distribution will be paid on February 12, 2026 to unitholders of record as of February 2, 2026. The partnership disclosed the decision through a press release furnished as an exhibit.
CrossAmerica Partners LP reported that it issued a press release announcing financial results for the quarter ended September 30, 2025. The release is furnished as Exhibit 99.1.
The company also furnished investor presentation slides as Exhibit 99.2, which are available on the Webcasts & Presentations page of its website. The information in Items 2.02 and 7.01, and Exhibits 99.1 and 99.2, is furnished and not deemed filed under the Exchange Act.
CrossAmerica Partners LP declared a quarterly cash distribution of $0.5250 per unit attributable to Q3 2025, equal to an annualized $2.10 per unit and unchanged from the second quarter. The distribution is payable on November 13, 2025 to unitholders of record as of November 3, 2025. The announcement was furnished under Regulation FD and is not deemed filed for liability purposes.
CrossAmerica Partners LP announced a leadership change. On September 29, 2025, Stephen J. Lattig, Senior Vice President of Retail for the Partnership’s subsidiaries, notified the company of his intention to resign effective October 31, 2025. The company stated that Mr. Lattig’s decision to resign was not the result of any disagreement with management or the board of directors.