CrossAmerica Partners LP (CAPL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.719 Good morning, ladies and gentlemen, and welcome to Cross America Partners' fourth quarter 00:00:04.719 -- 00:00:10.228 and full year 2025 earnings call. At this time, all lines are in a listen-only mode. 00:00:10.228 -- 00:00:14.274 Following the presentation, we will conduct a question-and-answer session. 00:00:14.274 -- 00:00:19.362 If at any time during this call you require immediate assistance, please press star zero 00:00:19.362 -- 00:00:23.269 for the operator. This call is being recorded 00:00:23.269 -- 00:00:26.631 on Thursday, February 26, 2026. 00:00:27.014 -- 00:00:31.099 I would now like to turn the conference over to Maura Topper, Chief Financial Officer. 00:00:31.099 -- 00:00:32.841 Please go ahead. 00:00:32.841 -- 00:00:37.407 Thank you, Operator. Good morning, and thank you for joining the Cross-America Partners 00:00:37.407 -- 00:00:41.192 fourth quarter and full year 2025 earnings call. 00:00:41.192 -- 00:00:45.558 With me today is Charles Nifong, CEO and President. 00:00:45.558 -- 00:00:49.683 We'll start off the call today with Charles providing some opening comments and an overview 00:00:49.683 -- 00:00:54.569 of Cross-America's operational performance for the fourth quarter and full year, and 00:00:54.569 -- 00:00:56.967 then I will discuss the financial results. 00:00:56.967 -- 00:00:59.950 We will then open up the call to questions. 00:00:59.950 -- 00:01:04.374 Today's call will follow presentation slides that are available as part of the webcast 00:01:04.374 -- 00:01:07.898 and are posted on the Cross America website. 00:01:07.898 -- 00:01:12.483 Before we begin, I would like to remind everyone that today's call, including the question 00:01:12.483 -- 00:01:17.187 and answer session, may include forward-lo...