CrossAmerica Partners LP - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CrossAmerica Partners LP on October 23, 2024. The filing serves as a Regulation FD disclosure regarding a corporate action approved by the Board of the General Partner.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to the distribution policy:
- Quarterly Distribution: $0.5250 per unit for the third quarter of 2024.
- Annualized Distribution: $2.10 per unit.
- Payment Date: November 13, 2024.
- Record Date: November 4, 2024.
Material Changes
The declared distribution of $0.5250 per unit is consistent with the distribution paid for the second quarter of 2024, indicating no change in the quarterly payout rate.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of specific risks and contingencies beyond the standard legal disclaimers associated with Regulation FD disclosures. The information is furnished solely to disclose the distribution declaration.
Investor Verification Checklist
- Verify the record date of November 4, 2024, to ensure eligibility for the upcoming distribution.
- Confirm the payment date of November 13, 2024, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K text.
- Note that this filing does not contain audited financial results for the third quarter of 2024.