ARKO Petroleum(US:APC) Zhi Tong Cai Jing·2026-02-12 06:57Group 1 - ARKO Petroleum completed its initial public offering (IPO) on February 11, 2026, raising a total of $200 million by issuing approximately 11.11 million shares at a price of $18.00 per share, resulting in an initial market value of approximately $830 million [1][2] - The company operates as a key asset of ARKO Corp., a Fortune 500 company, and has a significant presence in the North American fuel supply chain, delivering over 1.5 billion gallons of fuel in the first three quarters of 2025 [1][2] - ARKO Petroleum's services extend to over 1,100 retail convenience stores and more than 2,000 third-party independent gas stations, as well as providing fuel wholesale to unattended fueling stations for commercial fleets [1] Group 2 - The net proceeds from the IPO will primarily be used to optimize the company's balance sheet, focusing on repaying approximately $184 million in debt owed to its parent company, ARKO Corp. [2] - Post-IPO, ARKO Corp. will retain absolute control over ARKO Petroleum, holding about 75.9% of the economic interest and approximately 94% of the voting rights [2] - The company plans to implement a dividend policy after the IPO, with an initial quarterly dividend set at $0.50 per share [2] Group 3 - For the nine months ending September 30, ARKO Petroleum reported a net profit of $24.7 million and revenue of $4.27 billion, compared to a net profit of $32.7 million and revenue of $4.92 billion in the same period the previous year [2] - The company delivered 1.5 billion gallons of fuel in the first nine months of 2025, with an annual target of 2.1 billion gallons for 2024 [2] - The IPO was underwritten by UBS Group, Raymond James Financial Inc., and Stifel Financial Corp., with the company expected to trade on the Nasdaq under the ticker symbol APC [2]