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ARKO Corp. and ARKO Petroleum Corp. Announce Closing of ARKO Petroleum Corp.’s Initial Public Offering
Globenewswire· 2026-02-17 13:00
Company Overview - ARKO Corp. is a Fortune 500 company based in Richmond, VA, and is one of the largest operators of convenience stores and wholesalers of fuel in the United States [5] - ARKO operates through its majority ownership of ARKO Petroleum Corp. in four reportable segments: retail, wholesale, fleet fueling, and GPM Petroleum [5] - ARKO Petroleum Corp. is a growth-oriented fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, serving customers in over 30 states [6] IPO Details - ARKO Petroleum Corp. closed its initial public offering (IPO) on February 13, 2026, offering 11,111,111 shares of Class A common stock at a price of $18.00 per share [1] - The total net proceeds from the IPO were approximately $183.2 million, with underwriters granted a 30-day option to purchase an additional 1,666,666 shares [1] - Upon closing, ARKO owned 35,000,000 shares of APC's Class B common stock, representing 75.9% of the economic interests in APC and 94.0% of the combined voting power [1]
Arko Petroleum goes public
Yahoo Finance· 2026-02-13 09:46
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Arko has taken its wholesale fuel distribution business public in an IPO that raised around $200 million, the company announced this week. Arie Kotler, Arko’s president, chairman and CEO, rang the opening bell on Thursday at the Nasdaq MarketSite in New York City to commence the IPO for Arko Petroleum Corp., which now operates separately from Arko’s c- ...
ARKO Petroleum shares fall in Nasdaq debut
Reuters· 2026-02-12 17:57
Core Viewpoint - ARKO Petroleum shares experienced a decline of 1.4% during their debut on the Nasdaq, leading to a valuation of $807.63 million, as investor concerns about market volatility impact new stock performance [1]. Company Summary - ARKO Petroleum's shares opened at $17.75, slightly below the IPO price of $18, which was set during an upsized offering of 11.11 million shares to raise $200 million [1]. - The recent volatility in the market has made investors cautious, affecting the performance of newly listed companies, including ARKO Petroleum [1]. Industry Context - There is a notable trend of increased activity in the U.S. IPO pipeline, driven by pent-up demand for public market access, despite recent market fluctuations [1]. - Other companies that went public recently, such as York Space Systems and Ethos Technologies, are trading below their IPO prices, indicating a broader concern among investors regarding post-listing performance [1].
ARKO Corp. and ARKO Petroleum Corp. Announce Pricing of ARKO Petroleum Corp.'s Initial Public Offering
Globenewswire· 2026-02-12 00:52
Core Viewpoint - ARKO Corp. and its subsidiary ARKO Petroleum Corp. have announced the pricing of APC's initial public offering (IPO) at $18.00 per share, with trading expected to commence on February 12, 2026 [1] Company Overview - ARKO Corp. is a Fortune 500 company and one of the largest operators of convenience stores and fuel wholesalers in the United States, operating in four segments: retail, wholesale, fleet fueling, and GPM Petroleum [6] - ARKO Petroleum Corp. is a growth-oriented fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, serving customers in over 30 states [7] IPO Details - The IPO consists of 11,111,111 shares of Class A common stock, with an option for underwriters to purchase an additional 1,666,666 shares [1] - Upon completion of the IPO, ARKO is expected to own 35,000,000 shares of APC's Class B common stock, representing 75.9% of economic interests and 94.0% of combined voting power [2] - The IPO is being managed by UBS Investment Bank, Raymond James, and Stifel as lead book-running managers, with Mizuho and Capital One Securities as joint book-running managers [3] Regulatory Information - A registration statement on Form S-1 was declared effective by the U.S. Securities and Exchange Commission on February 11, 2026 [4]
Sunoco snaps up 56 more c-stores
Yahoo Finance· 2026-02-11 08:33
Group 1 - Sunoco acquired Parkland Corp. for $9.1 billion in 2025, gaining over 3,600 retail sites in North America, including nearly 700 convenience stores in the U.S. [3] - Instead of selling the retail locations, Sunoco is expanding its retail presence, as evidenced by its recent acquisition of Duck Thru, which focuses solely on retail locations [4][7] - The Duck Thru acquisition includes 56 stores located in eastern North Carolina and southeast Virginia, which will be integrated into Sunoco Retail [7] Group 2 - Jernigan Oil Company, which began as a farm machinery business in 1948, plans to reinvest the proceeds from the sale of Duck Thru into its other business operations, including propane distribution and fuels transportation [5] - The acquisition of Pops Mart earlier in the year, which included 36 stores and a wholesale business, further demonstrates Sunoco's commitment to expanding its convenience store portfolio [4][7]
IPO动态丨本周美股预告:AGI等4家公司即将上市
Sou Hu Cai Jing· 2026-02-09 07:02
Group 1: Recent IPOs - A total of 16 new stocks were listed last week, including 7 SPACs [1] - VeraDermics (MANE) raised $256 million by issuing 15.08 million shares at $17 per share [1] - Forgent Power Solutions (FPS) raised $1.512 billion by issuing 56 million shares at $27 per share [1] - Bob's Discount Furniture (BOBS) raised $331 million by issuing 19.45 million shares at $17 per share [1] - Eikon Therapeutics (EIKN) raised $381 million by issuing 21.78 million shares at $18 per share, increasing its original planned issuance [1] - SpyGlass Pharma (SGP) raised $150 million by issuing 9.38 million shares at $16 per share [1] - Once Upon a Farm (OFRM) raised $198 million by issuing 11 million shares at $18 per share [1] - AgomAb Therapeutics (AGMB) raised $200 million by issuing 12.5 million shares at $16 per share [1] - Several SPACs also raised funds, with amounts ranging from $100 million to $260 million [2] Group 2: Upcoming IPOs - AGI Inc, a financial services provider, plans to go public on February 11, 2026, on the NYSE under the ticker AGBK, aiming to raise approximately $786 million by issuing 43.64 million shares at $15 to $18 per share [3] - SOLV Energy, Inc., a solar project developer, plans to go public on February 11, 2026, on NASDAQ under the ticker MWH, aiming to raise approximately $513 million by issuing 20.5 million shares at $22 to $25 per share [5] - ARKO Petroleum Corp., a fuel distributor, plans to go public on February 12, 2026, on NASDAQ under the ticker APC, aiming to raise approximately $210 million by issuing 10.5 million shares at $18 to $20 per share [5] - Clear Street Group Inc., a fintech platform, plans to go public on February 13, 2026, on NASDAQ under the ticker CLRS, aiming to raise approximately $1.048 billion by issuing 23.81 million shares at $40 to $44 per share [8]
ARKO Petroleum(APC) - Prospectus(update)
2026-02-03 11:32
Table of Contents As filed with the Securities and Exchange Commission on February 3, 2026. Registration No. 333-292265 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ARKO Petroleum Corp. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 5172 39-3168808 (Primary Standard Industrial Classification Code Number) (I.R.S. Employe ...
ARKO Corp. Announces Launch of Initial Public Offering of its Subsidiary, ARKO Petroleum Corp., Seeking to Raise Approximately $200,000,000
Globenewswire· 2026-02-03 11:30
Core Viewpoint - ARKO Corp.'s subsidiary, ARKO Petroleum Corp., has initiated a roadshow for its initial public offering (IPO) of Class A common stock, aiming to raise capital through the sale of shares [1][2]. Group 1: IPO Details - ARKO Petroleum Corp. is offering 10,500,000 shares of its Class A common stock, with an expected IPO price range of $18.00 to $20.00 per share [2]. - The company plans to grant underwriters a 30-day option to purchase an additional 1,575,000 shares at the IPO price, less underwriting discounts and commissions [2]. - The shares are intended to be listed on the Nasdaq Stock Market under the symbol "APC" [2]. Group 2: Underwriters - UBS Investment Bank, Raymond James, and Stifel are serving as lead book-running managers for the IPO [2]. - Mizuho and Capital One Securities are acting as joint book-running managers [2]. Group 3: Company Overview - ARKO Corp. is a Fortune 500 company and one of the largest operators of convenience stores and fuel wholesalers in the United States, operating in four segments: retail, wholesale, fleet fueling, and GPM Petroleum [5]. - ARKO Petroleum Corp. is recognized as a growth-oriented fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, serving customers in over 30 states [6].
ARKO Petroleum(APC) - Prospectus(update)
2026-01-20 11:03
Table of Contents As filed with the Securities and Exchange Commission on January 20, 2026. Registration No. 333-292265 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ARKO Petroleum Corp. (Exact name of registrant as specified in its charter) Delaware 5172 39-3168808 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employe ...
Global Partners LP Insider Purchases Nearly 4000 Shares To Close Out 2025
The Motley Fool· 2026-01-13 08:16
Company Overview - Global Partners LP is a leading midstream energy partnership involved in fuel distribution, storage, and retail operations, optimizing margins through integrated supply, logistics, and retailing across multiple channels [7] - The company offers a variety of products including gasoline, distillates, renewable fuels, crude oil, and propane, operating a network of gasoline stations and convenience stores primarily in the Northeastern United States [7] Financial Metrics - The company reported a total revenue of $18.10 billion and a net income of $71.54 million for the trailing twelve months (TTM) [4] - The dividend yield stands at 6.95%, with a one-year price change of -15.42% as of January 12, 2025 [4] Insider Transactions - Global GP LLC, the general partner of Global Partners LP, purchased 3,917 common units in open-market transactions on December 5 and December 8, 2025, for approximately $176,892, with a weighted average purchase price of $45.16 per unit [2][6] - Following these transactions, the direct holdings of Global GP LLC increased to 215,988 units, valued at approximately $9.75 million [2][6] - The purchases were made to fulfill obligations under the Long-Term Incentive Plan, indicating that these transactions are not strategic but rather routine [6][8] Market Performance - The stock of Global Partners LP has experienced a decline of approximately 11.30% in 2025, marking its worst year since 2020 [10] - Despite the recent downturn, the company has consistently raised dividends every quarter since Q3 FY 2021, making it a potential option for investors seeking high-dividend stocks in the gasoline industry [10]