Oppenheimer Downgrades CrossAmerica Partners LP (CAPL) to Perform
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CrossAmerica Partners LP Reports Second Quarter 2015 Results
August 7, 2015 7:00 AM EDTGenerated record total gross profit of $38.3 million compared to the second quarter of 2014 total gross profit of $26.9 million, an increase of 42%. The Partnership generated $1.2 million in income in the second quarter from its equity interest in CST Fuel Supply. Generated Record Distributable Cash Flow of $14.3 million and Distribution Coverage Ratio of 1.04X in the Second Quarter. Maintains Guidance of 7% to 9% Distributable Cash Flow Per Unit Growth Rate for 2015.
ALLENTOWN, Pa.--(BUSINESS WIRE)-- CrossAmerica Partners LP... More
