CrossAmerica Partners LP

https://www.crossamericapartners.com

CrossAmerica Partners LP is a leading U.S. wholesale distributor of motor fuels, an operator of convenience stores, and an owner and lessor of real estate utilized in the retail distribution of motor fuels. Headquartered in Allentown, Pennsylvania, the company's mission is to be a premier provider of fuel and convenience products, striving to be a responsible, people-focused organization that develops solutions for its dealers, customers, and the broader petroleum industry.

The partnership distributes branded and unbranded petroleum to approximately 1,800 locations across 34 states and owns or leases about 1,100 sites. CrossAmerica Partners maintains established relationships with major oil brands, including ExxonMobil, BP, Shell, Valero, Citgo, Marathon, and Phillips 66, and ranks among ExxonMobil's largest U.S. distributors by fuel volume. Additionally, it operates seven convenience store brands, offering food, essential items, and car washes at over 250 locations in 10 states.

In recent leadership changes, Maura Topper was appointed President and CEO effective March 2, 2026, succeeding Charles Nifong. The company is strategically focused on optimizing its real estate portfolio, converting wholesale locations to higher-margin retail operations, and divesting non-core assets to enhance performance. CrossAmerica Partners reported strong full-year 2025 earnings, driven by improved retail and wholesale fuel margins, and continues to maintain its quarterly distribution. The general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with Joseph V. Topper, Jr., the company's founder.

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CID: 1534