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over months, generate we and continue past X $XX gross billion to million. of over As we twelve gallons rental look fuel of over income distribute the
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locations, Our the over of approximately owning of including these types, of over XXX. operation consists rights XX% X,XXX key controlling
our portfolio real our another we year-end properties, and Midwest results. distribute over Slide X, quarter the sites. Upper currently from CrossAmerica. We recap to see, you XX As of On some we built XX at can fuel tenants operating in significant and XX% rent estate have stores non-fuel operates of convenient a collect within market, fourth
our XX% slight supplier the and look our efforts at improvement decline to we volumes discount you contracts our on our in in gallon, thanks in as the gross capture our XX% a for impact and an the throughout fourth wholesale also fuel while wholesale a fourth more our These increase the quarter and the contracts. to margin terms efforts saw First fuel for distributed, we per in in made available motor dealer us rack of margin quarter price significant retail profit results increase year. experienced to
full driving gallon per or our in increase in the to XXXX wholesale whole in sale $X.XXX XXXX, year, gallons million $X.XXX of For an X%. $X.X from moved fuel margin our gross profit
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year-over-year with realizing, we thanks could from are reflection see the we the efforts a You for as G&A $X of is have in synergies, to quarter expense fourth G&A previously, we and XXXX. for our in of integration over reduction acquisitions. K million and prior base expenses This $X addition million our full to Circle the the our quarter-over-quarter synergies over of outlined have achieved year
We operations integrate our to our and continuing costs managing can on further are with where partner. reductions we as focus making we general
the other highlights If slide, review XXXX. to you the like turn to from of I next some would
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X, As we next move to the continuing. organization of Slide slide, the our integration is
million ahead synergy $X.X to savings our annual are of currently with target tracking achieved date. We over of
final three as as mentioned CST this the of earlier, of as last synergies I to with additional K. projection business and process reminder realize X the first integration opportunity closed And synergies successful first of beginning joint well through Couche-Tard our years. to management X late As acquisition an we following Part twelve by transaction Act. synergies as to targeted In as of as of we the million we a on million the the in are of align regards that synergies within taking the acquisition fuel to timing advantage months to X. year Jet-Pep past, we the continue the work that fiscal we Circle acquisition. our distribution realize the following of transaction of our well. to outlined asset begins CST We're of from work May Jobs Cut such enough mix passing initial which ACT's we The the the a this align transaction optimize Couche-Tard’s next transaction on this in unwind tax transaction with the would significantly treatment to the this and continue have details with holiday [indiscernible] year, Tax in recent into
to consistent to While included with just we not a but in at what with aspects we complete previously, are this the drop have detail transaction, not scope as position specific communicated also is we expect well. future this time, with
a strategy this are did over before I that next want have management board and to achieving partner as objectives beyond. team, outline aligned general to I Evan, it new and and our and slide in the year to we the turn Moving
ways We year business continued our this expect are other we expect to to cost the strengthen achieve efforts synergies to strengthening day. grow our business and the cash control each flow we our and base
flow Following to from unwind a the cash benefit assets expect the exchanged. result we transaction; the improvement of as being
to times. to and look achieve and our continue benefit ending year X.XX cash target from the the flow X also for X.XX XXXX, from the party acquisition third Jet-Pep will leverage We were at In between acquisition and able ratio opportunities. we other times maintain
manage to stay target within We will range. the continue debt to our
goals While want traditional were there clear our be for provide capital can continue challenged, to with necessary markets we achieve MLP equity the the us We year. with levers the other to pull investors. be to to our
very will moving forward. and any We dilution diligent be prudent with equity
we We also plain we investors understand to for integrate opportunities. And in market and our great further transaction in or that business manage a we like cost and provide that demonstrated our to continue manner, future respond clarity that partner our transaction, units in once believe a that difficult on efficient K would and are guidance our Circle have to growth time accordingly. are the unit will have execute a general through within we undervalued, with safe. confident managed while obviously see We're very price
increase pull back the Over approximately distribution, year targeted X.XX. as have level times our ending from past have couple ratio the we coverage our of continued we seen X.X at years to our
distribution coverage As improve we we ratio go through to flow unit level utilizing our XXXX. on and our current cash plan our intend throughout to maintain XXXX, per
levels resume and unit prior general ratio We coverage evaluate time, in times in our on with improving coverage reaching will will be which structure the XX% the IDR our At growth, through XXXX. splits. partner, X.X also our target. the ratio is focus our a Once revisiting will we our we we anticipate currently long-term distribution ratio
Evan. will with for over to we that the that for and should year. our our toward accretive continue working we managing balance go our as summary, third-party working the expect our partner, look to XXXX. completing in we through coverage year growth and well a by general finished good off I expenses, So, acquisitions, manage that ratio our ourselves and it continue believe strategy increasing positioned continue we sheet to With We will turn
