CrossAmerica Partners Announces Annual Reporting Insights
CrossAmerica Partners Files Annual Report
On a notable day, CrossAmerica Partners LP (NYSE: CAPL) took a significant step by filing its Annual Report on Form 10-K for the fiscal year that wrapped up at the end of the previous year. This important document was filed with the U.S. Securities and Exchange Commission (SEC), ensuring transparency for its unitholders and potential investors.
Availability of the Annual Report
The Annual Report includes the Partnership's audited financial statements, a crucial resource for understanding its financial health and business performance. Unitholders interested in reviewing the detailed financial information can request printed copies of the report. To make this request easier and more accessible, unitholders can simply reach out via a dedicated link or contact the investor relations team directly by phone.
Requesting the Printed Report
Interested parties can request a printed version of the Annual Report through a straightforward process, through the designated webpage. Those who prefer direct communication may also call the investor relations phone number for assistance in obtaining the report.
Understanding CrossAmerica Partners
CrossAmerica Partners has carved a niche in the distribution of motor fuels, establishing itself as a prominent player in this competitive industry. As a wholesaler of motor fuels and a convenience store operator, the Partnership oversees a vast network of operations across the United States, including ownership and leasing of real estate assets vital to fuel distribution.
The Growth and Reach of CrossAmerica Partners
Since its inception in 2012, CrossAmerica Partners has rapidly expanded its reach, now distributing both branded and unbranded fuel to an impressive network of approximately 1,600 locations. The Partnership has strong connections with a variety of major oil brands, solidifying its status within the industry.
Major Partnerships and Industry Relationships
The company has developed robust relationships with key industry players like ExxonMobil, BP, Shell, Marathon, Valero, Phillips 66, and more. This strategic positioning enables CrossAmerica Partners to remain competitive and efficient in a demanding market. It ranks among ExxonMobil’s largest distributors by fuel volume, which speaks volumes about its operational capabilities and market presence.
Future Outlook and Developments
As CrossAmerica Partners continues to evolve, its commitment to providing excellent service and expanding its operations remains steadfast. The company's leadership, spearheaded by founder Joseph V. Topper, Jr., aims to navigate the challenges of the energy sector and leverage opportunities to improve profitability and market share.
Contact Information for Investors
For more information or specific inquiries regarding investment opportunities, interested individuals can reach out to Randy Palmer, who heads the investor relations. He is available to provide insights and answer any questions potential and current unitholders may have.
Frequently Asked Questions
What is included in the CrossAmerica Partners 10-K report?
The 10-K report includes comprehensive details about financial statements, operational highlights, and management discussions for the fiscal year.
How can unitholders request a printed copy of the report?
Unitholders can request a printed copy through a dedicated link on the Partnership's website or by calling investor relations.
What is the significance of the relationships CrossAmerica Partners has with major oil brands?
These relationships enhance CrossAmerica’s distribution capabilities and ensure access to a steady supply of fuel, which is essential for its business model.
Who should interested investors contact for more information?
Investors can contact Randy Palmer at the provided email or phone number for inquiries related to their investments.
What is the operational footprint of CrossAmerica Partners?
CrossAmerica operates across 34 states, making it a significant player in the motor fuel distribution industry throughout the United States.
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