CrossAmerica Partners LP

CrossAmerica Partners LP is a master limited partnership that distributes wholesale motor fuels, operates convenience stores, and owns and leases real estate used in the retail distribution of motor fuels in the United States. It operates through two segments.

The Retail Segment sells motor fuel and merchandise at company-operated sites and commission agent locations. At September 30, 2026 it had 327 company-operated sites and 219 commission agent sites, and it also earns rent and other revenue.

The Wholesale Segment distributes branded and unbranded fuel to independent dealers, lessee dealers and sub-wholesalers. It covered 971 distribution sites at quarter-end and also collects rent from lessee dealers.

Overall, the partnership distributes fuel to approximately 1,500 locations and owns or leases approximately 900 sites across 34 states. It has supply relationships with major oil brands including ExxonMobil, BP, Shell, Marathon, Valero and Phillips 66, and ranks as one of ExxonMobil's largest U.S. distributors by fuel volume.

The partnership is pursuing a real estate optimization program that divests sites while retaining fuel supply agreements. It is also investing in store renovations and expanded food offerings.

Its general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with founder Joseph V. Topper, Jr. Updated Nov 4, 2026