ARKO Petroleum Corp.

ARKO Petroleum Corp. is a growth-oriented fuel distribution company and one of North America's largest wholesale fuel distributors by gallons. The company supplies customers at approximately 3,500 locations across the District of Columbia and over 30 states in the Mid-Atlantic, Midwestern, Northeastern, Southeastern, and Southwestern United States. Based in Richmond, Virginia, ARKO Petroleum Corp. was formed in July 2025 as a Delaware corporation and a wholly owned subsidiary of ARKO Corp., which operates convenience stores in the U.S. and is listed on Nasdaq under "ARKO." ARKO Petroleum Corp. primarily engages in wholesale activities. This includes supplying fuel to gas stations operated by third-party dealers and fleet fueling, which involves operating proprietary and third-party cardlock locations (unstaffed fueling sites). The company also issues proprietary fuel cards, providing customers access to a nationwide network of fueling sites. Additionally, ARKO Petroleum Corp. distributes fuel wholesale to substantially all of ARKO Parent's retail convenience stores that sell fuel, known as "ARKO Retail Sites." On February 13, 2026, ARKO Petroleum Corp. completed an initial public offering of 11,111,111 shares of its Class A common stock, par value $0.0001 per share, at $18.00 per share. On March 5, 2026, underwriters exercised an over-allotment option to purchase 1,459,112 shares of Class A common stock, which were issued and sold on March 9, 2026. The total net proceeds from this IPO were approximately $206.8 million. The Class A common stock began trading on Nasdaq under the symbol "APC" on February 12, 2026. ARKO Parent indirectly owns 35 million shares of Class B common stock, par value $0.0001 per share, representing 73.6% of the economic interests and 93.3% of the combined voting power of ARKO Petroleum Corp.'s Class A and Class B common stock.