CrossAmerica Partners' Lofty Distribution Looks Sustainable
CAPLCrossAmerica Partners(CAPL) Seeking Alpha·2024-03-17 17:05

JHVEPhoto/iStock Editorial via Getty Images Whether from a dividend or distribution, when a 9% yielder surfaces from research, it requires more investigation. Further scrutiny into CrossAmerica Partners LP (NYSE:CAPL) resulted in the verdict this relatively unknown, small MLP is a candidate for income seeking investors. As a distributor of fuel to gas stations, demand for CAPL's service is relatively inelastic. Still, management is key to profitably distributing that fuel, given oil's inherent volatility. W ...