Crossamerica Partners Lp · NYSE:CAPL
Crossamerica Partners Lp — Investor Presentation (March 2015)
13 slides from Crossamerica Partners Lp's investor presentation, Mar 5, 2015
Slide 1: CrossAmerica Partners LP
Exhibit 99.1 CROSSAMERICA PARTNERS LP
Slide 2: Forward-Looking Statements Cautionary Note
Forward This expectations “may,” events, optimism regarding our revise Although statements section 2Commission. control. presentation these “will,” or ofLooking the or future developments the involves The statements pessimism and Partnership No Partnership’s “should,” statements events intentions un
Slide 3: CrossAmerica Partners LP Overview
CrossAmerica Focused CST Equity As 658 Also Distributed (1) 3(2) Top ofowned 10Brands, distribute 12/31/2014, market As on or 906.2 distributing ofInc. Based leased December capitalization Partners to onacquired Distributor 416 million distribute 2014sites(1) independent Overview LP for(2):fuels 31,
Slide 4: Investment Highlights
Investment Acquisition Stable Established Long-Term Prime Financial BP 4Union Station Real Cash Centre Flexibility Highlights Estate Relationships History Pipeline Flows Blvd., Locations from of West to ofCompleting Pursue Fuel Rental with Chester, Distribution inAcquisitions Major Areas Income OH a
Slide 5: CrossAmerica Qualifying MLP Income and Margin
CrossAmerica Qualifying Margin Limited Stable Prime Multi-year Industry Pipeline Wholesale Gasoline Non-Qualifying Retail Inside 5Rental Fuel locations Store cash Income per commodity /Value Station Storage Distribution Distributor contracts MLP Distribution gallon flow Sales Operations Chain from M
Slide 6: Geographic Diversity of Sites
CrossAmerica Sites Geographic 6Note:Where Excludes diversity CrossAmerica Portfolio Landmark willOverview increase and Partners Erickson asLP theSupplies acquisition Partnership Wholesale sites adds New Motor to Industry Fuels as (“NTI”) of December sites from 31, 2014 CST in its core markets in the
Slide 7: CrossAmerica Strategy
CrossAmerica Utilize Own Expand Increase Maintain Manage Shell 7Routeor Station 17, relationship lease within risk motor strong Hasbrouck and sites Strategy and fuel relationships mitigate in beyond with distribution prime Heights, CST exposure core locations with toNJ business geographic maintain m
Slide 8: CST Acquisition of General Partner and Drop-Down
CSTAugust On CAPL Creates Transaction Drop-down Provides “Best” Joe 8Topper Topper Brands continues of retains a CAPL leading both 6, remains asset transformed Acquisition 2014, an organizations with to sales platform approximate operate President CAPL more from of CAPL announced in than as CAPL’s C
Slide 9: Expected Benefits of the Transaction to Unitholders
Transaction Expected Greater Creates Lessens 9Increases certainty an over the toenhanced Benefits provide geographic timeofCAPL’s drop-down for platform for both CAPL and concentration greater brand with Unitholders assetwhich diversity certainty acquisitions with to pursue ofof LGO CAPL’s and versu
Slide 10: Stable Lessee and Lease Cash Flows
Stable Lessee Lease LGO CST Our (1) (2) (3) 10 YE Wholesale wholesale lease wholesale lease wholesale lease agreements Cash Wholesale Rental Income (Year dealer Rental agreements agreements agreements Flows End) wholesale Distribution supply Cash supply income supply Income(2)(3) with represents Flo
Slide 11: Prime Real Estate Locations
Prime We Seven Six Limited Due (1) (2) 11 own of toReal the of prime availability As and or the states lease Estate oflease Sourcestates locations, December are sites EIA.Locations sites are in ofAs in the in undeveloped that owned sixteen the 31, oftop provide top 2014. ten real states(1) ten Decem
Slide 12: Branded Fuel Suppliers and Distribution
One of Also Prompt Branded CAPL Brands (1) 12 distribute Fuel the Distributed payment As Fuel fuel ten Distribution ofisSuppliers December largest Valero, perceived history independent Sunoco, by and 31, byBrand(1) good retail 2014 Chevron, credit distributors customers standing Citgo asby and highe
Slide 13: Growth in Acquisitions and CST Pipeline
Growth In CST 11 acquisitions Approximately Established (1) 13 (2)place separate units distributed acquisition Through pipeline Site Acquisitions Primary CAPLTotal issued multi-site relationships tocount Controlled Supply $179 1.9 of of Acquisitions excludes general consideration Since CST fuel bill
CrossAmerica Partners — Investor Presentation (March 2015) on 6ix