TravelCenters of America LLC 8% SR NT 2030
TANNZ
NASDAQ Global Select25.26
USD
- -
- -
CIK
0001378453
CUSIP
894174408
Return %
Stock
S&P500
1Y
-1.33
26.84
3Y
3.87
77.03
5Y
4.38
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- MD United States of America
- IPO Date
- Oct 9, 2015
- CIK
- 0001378453
- Similar Companies
- Business
- TravelCenters of America LLC operates as a leading nationwide operator and franchisor of travel centers and convenience stores in the United States. The company offers a comprehensive range of core products and services including diesel fuel and gasoline; truck repair and maintenance services; diesel exhaust fluid (DEF); full-service restaurants; quick service restaurants; travel and convenience stores; and a variety of driver amenities. TravelCenters of America manages its operations primarily under the TA, TA Express, Petro Stopping Centers, and Petro brand names. Its customer base includes trucking fleets and drivers, independent truck drivers, highway motorists, and casual diners. The company operates approximately 285 travel centers located along major U.S. interstate highways across 44 states. Founded in 1972 and headquartered in Westlake, Ohio, TravelCenters of America is a significant player in the auto mechanics and travel convenience sectors. In recent major developments, TravelCenters of America was acquired by BP Products North America in a $1.3 billion transaction completed in May 2023. This acquisition strategically expands BP’s U.S. convenience and mobility business by combining TA’s highway network with BP’s off-highway retail footprint, enhancing nationwide service offerings for fleets and consumers. The acquisition followed shareholder approval and regulatory clearance. Furthermore, TravelCenters of America has pursued growth through franchising and acquisitions, having signed 30 new franchise agreements in 2022 and acquired multiple travel center locations and standalone truck service facilities, strengthening its network and operational capabilities. The company also announced plans to delist certain senior notes and has maintained a focus on expanding its service offerings and improving operational efficiency under new ownership. The CEO as of mid-2023 is Deborah Boffa, leading the company through this transformative phase. TravelCenters of America balances a broad service portfolio across multiple geographic locations primarily within the U.S., targeting commercial trucking and traveler markets with a blend of fuel, maintenance, dining, and retail convenience services. This positions it as a critical infrastructure partner in the highway travel and logistics ecosystem under the ownership of BP Products North America.