Crossamerica Partners (NYSE:CAPL) released its earnings results on Thursday. The oil and gas company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.04), Fidelity Earnings reports. The firm had revenue of $559.74 million for the quarter, compared to analyst estimates of $591.82 million. Crossamerica Partners had a net margin of 0.84% and a return on equity of 16.98%.
Shares of CAPL stock traded down $0.61 during trading hours on Friday, hitting $16.98. 59,158 shares of the company were exchanged, compared to its average volume of 71,804. The firm has a market cap of $618.62 million, a P/E ratio of 154.36, a P/E/G ratio of 7.14 and a beta of 1.21. Crossamerica Partners has a fifty-two week low of $13.00 and a fifty-two week high of $19.07. The company has a debt-to-equity ratio of 6.08, a quick ratio of 0.33 and a current ratio of 0.44. The company has a 50 day simple moving average of $17.55 and a two-hundred day simple moving average of $16.85.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 12.37%. The ex-dividend date is Monday, November 4th. Crossamerica Partners’s dividend payout ratio (DPR) is 1,909.09%.
Crossamerica Partners Company Profile
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.
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