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 more than 30 states in the Mid-Atlantic, Midwestern, Northeastern, Southeastern, and Southwestern United States. Formed in July 2025 as a Delaware corporation, ARKO Petroleum Corp. is based in Richmond, Virginia, and is a wholly owned subsidiary of ARKO Corp., which operates convenience stores in the U.S. ARKO Petroleum Corp. primarily engages in wholesale activities. This includes supplying fuel to gas stations operated by third-party dealers. The company also conducts fleet fueling, which involves operating proprietary and third-party cardlock locations (unstaffed fueling sites) and issuing proprietary fuel cards that grant customers access to a nationwide network of fueling sites. Additionally, ARKO Petroleum Corp. handles the wholesale distribution of fuel 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 (IPO) of 11,111,111 shares of its Class A common stock, par value $0.0001 per share, at a public price of $18.00 per share. The underwriters exercised their over-allotment option on March 5, 2026, 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 the IPO were approximately $206.8 million. The company's Class A common stock began trading on Nasdaq under the symbol "APC" on February 12, 2026. ARKO Parent indirectly holds 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.