Core Insights - The company has executed a disciplined strategy over the years, focusing on portfolio optimization and diversification across various segments, including supply, terminals, wholesale distribution, bunkering, and retail operations [4][6][19] Group 1: Portfolio and Operational Enhancements - The company divested non-strategic retail locations and converted sites to higher value formats to improve portfolio quality and consistency [1] - Management has strengthened its data and analytics infrastructure to enhance operational visibility and decision-making [1] - Strategic investments, including the East Providence Terminal and expansion into Houston, have driven higher volumes and helped mitigate uneven market conditions across segments [6][15] Group 2: Financial Performance - For Q4 2025, adjusted EBITDA was reported at $94.8 million, down from $97.8 million in Q4 2024, while net income increased to $25.1 million from $23.9 million [8][6] - Distributable cash flow (DCF) fell to $38.4 million from $45.7 million, with adjusted DCF also declining [8][6] - The GDSO product margin increased by $17.7 million year over year to $231.3 million, driven by higher fuel margins [10] Group 3: Segment Performance - The GDSO segment saw a fuel margin increase of $0.09 to $0.45 per gallon, reflecting favorable volatility in RBOB prices [10] - Wholesale product margin decreased by $21.5 million to $58.3 million due to less favorable market conditions [12] - The commercial segment's product margin decreased to $6.0 million, attributed to unfavorable market conditions in bunkering [12] Group 4: Capital Expenditures and Financial Outlook - Capital expenditures for Q4 were $38.8 million, with maintenance capex at $22.6 million and expansion capex at $16.2 million [14] - For 2026, the company expects maintenance capex of $60–70 million and expansion capex of $75–85 million [17] - The company has a leverage ratio of 3.59x funded debt to EBITDA, indicating ample excess capacity in credit facilities [16] Group 5: Distribution and Market Conditions - The board approved a quarterly cash distribution of $0.76 per unit, marking the 17th consecutive increase [18] - Early-year cold weather in the Northeast has supported solid wholesale fuel demand, providing a decent tailwind for the company's business [19]

Core Viewpoint - CrossAmerica Partners LP has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, with the SEC, providing insights into its financial performance and operations [1]. Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, owning and leasing real estate used in the retail distribution of motor fuels [3]. - The company was formed in 2012 and distributes both branded and unbranded petroleum for motor vehicles across approximately 1,600 locations, owning or leasing around 1,000 sites [3]. - CrossAmerica Partners operates in 34 states and has established relationships with major oil brands, including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66 [3]. - The company ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and is among the top 10 distributors for additional brands [3].

Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, formed in 2012 [4] - The company distributes branded and unbranded petroleum for motor vehicles across approximately 1,600 locations and owns or leases around 1,000 sites [4] - CrossAmerica Partners operates in 34 states and has established relationships with major oil brands including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66 [4] - It ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and is in the top 10 for additional brands [4] Earnings Announcement - CrossAmerica Partners will release its fourth quarter and full year 2025 earnings results on February 25, 2026, after market close [1] - A conference call will be hosted on February 26, 2026, at 9:00 a.m. Eastern Time to discuss the earnings results [1] - The conference call can be accessed via phone numbers 800-717-1738 or 646-307-1865 with the passcode 288997 [2] Webcast and Archive - A live audio webcast of the conference call and related earnings materials will be available on the investor section of the CrossAmerica website on the same day [2] - An archive of the webcast will be accessible within 24 hours after the call for a period of sixty days [3]

Core Viewpoint - CrossAmerica Partners LP is set to announce its fourth quarter and full year 2025 earnings results on February 25, 2026, with a conference call scheduled for February 26, 2026, at 9:00 a.m. Eastern Time [1]. Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, formed in 2012 [4]. - The company distributes branded and unbranded petroleum for motor vehicles across approximately 1,600 locations and owns or leases around 1,000 sites in 34 states [4]. - CrossAmerica Partners has established relationships with major oil brands, including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66, ranking as one of ExxonMobil's largest distributors by fuel volume in the U.S. [4].

Core Viewpoint - CrossAmerica Partners LP is set to announce its third quarter 2025 earnings results on November 5, 2025, with a conference call scheduled for November 6, 2025, at 9:00 a.m. Eastern Time [2][3]. Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, formed in 2012. The company distributes branded and unbranded petroleum for motor vehicles across approximately 1,600 locations and owns or leases around 1,000 sites [5]. - The company operates in 34 states and has established relationships with major oil brands, including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66. It ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and is among the top 10 for additional brands [5]. Conference Call Details - The conference call can be accessed via numbers 800-990-4333 or 646-769-9600, with a passcode of 284226. A live audio webcast will also be available on the investor section of the CrossAmerica website [3]. - An archive of the webcast will be accessible within 24 hours after the call and will remain available for sixty days [4].

Core Viewpoint - CrossAmerica Partners LP is set to announce its third quarter 2025 earnings results on November 5, 2025, with a conference call scheduled for November 6, 2025, at 9:00 a.m. Eastern Time [2][3]. Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, formed in 2012. The company distributes branded and unbranded petroleum for motor vehicles across approximately 1,600 locations and owns or leases around 1,000 sites [5]. - The company operates in 34 states and has established relationships with major oil brands, including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66. It ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and is among the top 10 for additional brands [5].

Company Overview - CrossAmerica Partners LP is a leading wholesale distributor of motor fuels and convenience store operator, formed in 2012 [5] - The company distributes branded and unbranded petroleum for motor vehicles across approximately 1,600 locations and owns or leases over 1,000 sites [5] - CrossAmerica Partners has a geographic footprint covering 34 states and maintains relationships with major oil brands including ExxonMobil, BP, Shell, Marathon, Valero, and Phillips 66 [5] - The company ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and is in the top 10 for additional brands [5] Upcoming Earnings Announcement - CrossAmerica Partners will release its second quarter 2025 results after the market closes on August 6, 2025 [2] - A conference call will be hosted on August 7, 2025, at 9:00 a.m. Eastern Time to discuss the earnings results [2] - The conference call can be accessed via phone at 800-990-4333 or 646-769-9600, with a passcode of 280060 [3] Investor Relations - A live audio webcast of the conference call and related earnings materials will be available on the investor section of the CrossAmerica website [3] - An archive of the webcast will be accessible within 24 hours after the call for a period of sixty days [4]