CST Brands (CST) Tops Q4 EPS by 10c

CrossAmerica Partners LP Reports Fourth Quarter and Full Year 2015 Results

- Generated fourth quarter Adjusted EBITDA of $24.7 million versus $14.2 million in the fourth quarter of 2014, representing a 74% increase

- Reported fourth quarter Distribution Coverage Ratio of 1.05x versus 0.77x for the fourth quarter of 2014

- Delivered annual distribution growth of 8% per limited partner unit attributable to 2015 while generating over $90 million in Adjusted EBITDA

- Targeting 5%-7% growth in annual distribution per limited partner unit in 2016

ALLENTOWN, Pa.--(BUSINESS WIRE)-- CrossAmerica Partners LP (NYSE: CAPL) ("CrossAmerica" or the "Partnership"), headquartered in Allentown, PA, a leading wholesale fuels distributor,... More

CST Brands, Inc. Reports Fourth Quarter and Year-End 2015 Results

Fourth Quarter:
- Fourth Quarter 2015 Net Income of $25 million, or $0.34 per diluted share; $0.55 excluding special items
- U.S. Merchandise and Services Gross Profit increased 6%
- Same Store Merchandise and Services Sales increased in both the U.S. and Canada (excluding foreign currency impact)

Full Year:
- 2015 Net Income of $149 million, or $1.95 per diluted share; $2.19 excluding special items
- U.S. Merchandise and Services Gross Profit increased 8%
- Same Store Merchandise and Services Sales increased in both the U.S. and Canada (excluding foreign currency impact)
- Adjusted EBITDA of $602 million and... More