CrossAmerica Partners LP
CrossAmerica Partners LP is a key player in the US motor fuel industry. Structured as a Master Limited Partnership (MLP), its business is split into two main areas: Wholesale and Retail. The Wholesale segment is responsible for distributing motor fuel to a large network of lessee dealers and independent dealers across 34 states. It handles well-known brands like Exxon, Shell, and BP. The Retail segment covers the direct sale of motor fuel and convenience items at sites it operates. The company owns or leases around 1,100 sites, showcasing a significant real estate component to its operations. Investors might look at CrossAmerica for its role in the energy supply chain and its business model that combines fuel distribution with convenience retail. As with any investment, it's important to remember that past performance is not indicative of future results and capital is at risk.
Stock Performance Snapshot
Analyst Rating
Analysts suggest keeping CrossAmerica Partners LP's stock as it may not rise significantly soon.
Financial Health
CrossAmerica Partners LP is earning decent revenue and cash flow, but profit margins are relatively low.
Dividend
CrossAmerica Partners LP offers a high dividend yield of 10.51%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $105.10 a year in dividends (based on the last 12 months).
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Why You’ll Want to Watch This Stock
A Focus on Distributions
As a Master Limited Partnership (MLP), CrossAmerica may be of interest to those looking for potential income via distributions, though these are never guaranteed and can change.
Integrated Business Model
The company operates in both wholesale fuel distribution and direct-to-consumer retail, a mix which could offer different opportunities and risks across the fuel supply chain.
Significant US Footprint
With a network spanning numerous states, CrossAmerica has an extensive presence that is foundational to its operations in the American motor fuel market.
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