Crossamerica Partners LP (CAPL)CAPL

Comprehensive Overview of Crossamerica Partners LP (CAPL) Stock

Company Profile

History and Background

Crossamerica Partners LP (CAPL) is a master limited partnership (MLP) formed in 2012. It is a subsidiary of CST Brands, Inc., a convenience store operator. CAPL owns and operates approximately 1,300 convenience stores in the United States, primarily under the brands Valero, Ultramar, and Circle K. It also supplies fuel to approximately 180 dealers.

Core Business Areas

• Owning and operating convenience stores
• Supplying fuel to dealers
• Marketing fuel and other products
• Providing real estate services

Leadership Team and Corporate Structure

CAPL's leadership team includes:

• Joseph Fox: Chairman and CEO
• Gregory G. Smith: CFO
• John F. Sellers: President
• Matthew J. Yates: General Counsel and Secretary

The company is managed by its general partner, CST GP LLC, which is a subsidiary of CST Brands, Inc.

Top Products and Market Share

Top Products

• Fuel (汽油, 柴油)
• Convenience store merchandise (食品, 饮料, 香烟)

Market Share

• US Retail Fuel Market: approximately 1% market share
• US Convenience Store Market: approximately 1% market share

Comparison with Competitors

CAPL's top competitors include:

• Marathon Petroleum Corp. (MPC): 3% market share
• Valero Energy Corp. (VLO): 8% market share
• 7-Eleven, Inc.: 10% market share

CAPL's market share is relatively small compared to its competitors. However, it has a strong presence in the Southeast and Midwest regions of the US.

Total Addressable Market

The total addressable market for CAPL's products and services is the US retail fuel and convenience store market. This market is estimated to be worth over $400 billion.

Financial Performance

Recent Financial Statements

• Revenue: $8.9 billion (2022)
• Net Income: $143 million (2022)
• Profit Margin: 1.6% (2022)
• Earnings per Share (EPS): $0.86 (2022)

Year-over-Year Performance

CAPL's financial performance has been relatively stable in recent years. Revenue and net income have both grown slightly, while profit margin and EPS have remained relatively flat.

Cash Flow and Balance Sheet Health

CAPL's cash flow from operations has been positive in recent years. However, the company has a high level of debt, which could be a concern for investors.

Dividends and Shareholder Returns

Dividend History

CAPL has paid regular dividends since its inception. The current annual dividend yield is approximately 5%.

Shareholder Returns

CAPL's total shareholder return over the past year has been approximately 10%.

Growth Trajectory

Historical Growth

CAPL has grown its revenue and net income at a low single-digit rate in recent years.

Future Growth Projections

Industry analysts expect CAPL's revenue and net income to continue to grow at a low single-digit rate in the coming years.

Recent Product Launches and Strategic Initiatives

CAPL is focusing on growing its convenience store business through new store openings and acquisitions. The company is also investing in technology to improve its operations.

Market Dynamics

Industry Trends

The retail fuel and convenience store industry is facing several challenges, including:

• Increased competition from online retailers
• Rising labor costs
• Fluctuations in fuel prices

CAPL's Positioning

CAPL is well-positioned to compete in the current market environment. The company has a strong brand presence and a loyal customer base. It is also investing in technology to improve its operations.

Competitors

Key Competitors

• Marathon Petroleum Corp. (MPC)
• Valero Energy Corp. (VLO)
• 7-Eleven, Inc.

Market Share Percentages

• MPC: 3%
• VLO: 8%
• 7-Eleven: 10%

Competitive Advantages and Disadvantages

CAPL's competitive advantages include:

• Strong brand presence
• Loyal customer base
• Investment in technology

CAPL's competitive disadvantages include:

• High level of debt
• Small market share

Potential Challenges and Opportunities

Key Challenges

• Increased competition from online retailers
• Rising labor costs
• Fluctuations in fuel prices

Potential Opportunities

• Growth of the convenience store industry
• Expansion into new markets
• Acquisitions

Recent Acquisitions

CAPL has not made any acquisitions in the last 3 years.

AI-Based Fundamental Rating

The AI-based fundamental rating for CAPL is 7 out of 10. This rating is based on the company's financial health, market position, and future prospects.

Sources and Disclaimers

• CAPL's website
• SEC filings
• Industry reports

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.