CrossAmerica Partners (NYSE:CAPL) is a publicly traded master limited partnership that engages in the acquisition, development and operation of fuel and convenience store assets throughout the United States. The company specializes in the wholesale distribution of gasoline, diesel and related petroleum products to a diversified network of company-operated and dealer-operated sites. CrossAmerica Partners also operates a chain of convenience stores, offering foodservice, beverages and everyday retail merchandise under various brand names.
Established in 1999 as a spin-off from Sunoco, Inc., CrossAmerica Partners has grown through strategic acquisitions and organic expansion of its terminal and logistics infrastructure. The partnership’s supply network includes pipeline connections, storage terminals and bulk distribution facilities that support efficient delivery of fuel products across multiple regional markets. Its retail footprint spans more than 1,800 locations, with a concentration along the Eastern Seaboard from Florida through New England and select Midwestern states.
In addition to fuel distribution and retail operations, CrossAmerica Partners provides a suite of support services to its dealer network, including brand licensing, site development, marketing support and supply chain management. By leveraging scale in procurement and logistics, the partnership aims to deliver consistent product quality and competitive pricing to its customers. CrossAmerica’s retail sites offer a range of convenience offerings, including quick-serve food, coffee, packaged goods and automotive supplies.
The partnership is managed by CrossAmerica GP LLC, whose leadership team comprises executives with decades of experience in petroleum logistics, retail management and finance. Based in Rockville, Maryland, the board of directors includes both independent and executive members who oversee corporate strategy, risk management and governance. Under this management framework, CrossAmerica Partners continues to pursue disciplined growth opportunities and operational enhancements in the fuel and convenience retail sectors.
