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 operates as a wholly owned subsidiary of ARKO Corp. ARKO Petroleum Corp. primarily engages in wholesale activity, which encompasses supplying fuel to gas stations operated by third-party dealers. It also conducts fleet fueling, involving the operation of proprietary and third-party cardlock locations (unstaffed fueling sites) and the issuance of proprietary fuel cards that grant customers access to a nationwide network of fueling sites. Additionally, the company 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 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. On March 5, 2026, underwriters exercised their 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 company's Class A common stock began trading on Nasdaq under the symbol "APC" on February 12, 2026. ARKO Parent indirectly owns 35 million shares of ARKO Petroleum Corp.'s 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 the Class A and Class B common stock.