ARKO Petroleum Corp. (Ticker: APC US) is a United States-based fuel distribution company specializing in wholesale fuel supply and fleet fueling services. Headquartered in Richmond, Virginia, the company plans to list on the NASDAQ on February 12, 2026. ARKO Petroleum intends to offer 10.5 million shares at a price range of $18.00 to $20.00, targeting a raise of approximately $199.5 million. At the midpoint of this range, the company reportedly commands a market capitalization of $864.5 million.
Formed by ARKO Corp. (Nasdaq: ARKO), a major U.S. convenience store operator, ARKO Petroleum functions as a distinct entity supplying fuel to its parent company's retail sites, as well as to third-party dealers and commercial fleets across more than 30 states. The company operates through three segments: Wholesale, Fleet Fueling, and GPMP, distributing over 2.1 billion gallons of fuel annually. According to its filings, a key business objective for the new entity is to generate and increase quarterly cash distributions to stockholders. The IPO is being managed by a syndicate including UBS Investment Bank, Raymond James, Stifel, Mizuho, and Capital One Securities.