CAPL
- CrossAmerica Partners LP
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Overview
Company Summary
CrossAmerica Partners LP (CAPL) is a publicly traded Master Limited Partnership (MLP) that primarily operates in the wholesale distribution of motor fuels in the United States. CAPL is a leading provider of gasoline, diesel fuel, and other petroleum products to convenience stores, independent dealers, and retailers.
CAPL operates a vast and strategic network of more than 1,300 company-operated sites and distributor locations across 34 states. They supply fuel to a wide range of customers, including both independently owned and operated stores as well as larger retail chains. Their customers rely on CAPL for the timely and efficient delivery of fuel products to meet consumer demand.
In addition to fuel distribution, CAPL also offers a variety of services to their customers. These services include branding, marketing support, operational expertise, and assistance with fuel pricing strategies. CAPL aims to partner with their customers to create mutually beneficial relationships, helping them maximize their profitability and streamline their operations.
Furthermore, CAPL engages in the operation and leasing of real estate assets related to convenience stores and gasoline stations. They own and lease properties to retail operators, providing a steady stream of rental income.
As an MLP, CrossAmerica Partners LP generates revenue through the sale of motor fuels, rent from leased properties, and by providing value-added services to their customers. Their business model is built on the efficient and reliable distribution of fuel products, while also offering additional support and resources to their customers in order to drive long-term growth and profitability.