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 ...

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]

Company Overview - Cosan S.A. (NYSE:CSAN) is a Brazilian company specializing in the fuel distribution business, founded in 1936, and operates through five segments: Raízen, Compass, Moove, Rumo, and Radar [4] Financial Performance - Cosan S.A. has experienced a decline of more than 25.75% year-to-date, but Wall Street analysts project an upside potential of over 33% from current levels [1] - The company has not been profitable over the past 12 months, but expectations are for a return to profitability by 2026, with sales forecasted to grow at 2.63% [3] Ratings and Outlook - Fitch Ratings affirmed the company's Long-Term Foreign and Local Currency Issuer Default Ratings at BB, but revised the outlook to negative from stable due to elevated leverage and reliance on asset sales to manage debt [1][2] - HSBC upgraded Cosan S.A. from Sell to Hold with a price target of $5, reflecting the company's recent BRL 10.5 billion equity issuance at BRL 5.00 per share, which increased outstanding shares by 112% [3]

Core Viewpoint - Cosan S.A. (NYSE:CSAN) has experienced a significant decline in share price, attributed to political uncertainty in Brazil following the endorsement of Senator Flavio Bolsonaro by former President Jair Bolsonaro for the upcoming presidential election [3][6]. Group 1: Share Price Movement - The share price of Cosan S.A. fell by 7.4% between December 17 and December 24, 2025, marking it as one of the energy stocks that lost the most during that week [1]. - Since the beginning of 2025, the share price of Cosan S.A. has decreased by over 34% [6]. Group 2: Political Context - The decline in Cosan's share price is linked to the unexpected political endorsement by former President Jair Bolsonaro, which has raised concerns about market-friendly policies and fiscal discipline [3]. - The Brazilian benchmark stock index Bovespa dropped over 4.3% on the same day of the political announcement, and the Brazilian Real weakened by as much as 3% against the US dollar [4]. Group 3: Senator Flavio Bolsonaro's Statements - Senator Flavio Bolsonaro's suggestion to potentially exit the presidential race for the right price added to market skepticism, although he later retracted this statement and reaffirmed his commitment to the candidacy [5]. - The senator has been engaging with business and finance leaders to address concerns regarding his economic policies [5].

Group 1 - ARKO Petroleum, a fuel distribution company, has filed for an initial public offering (IPO) in the United States [1]

Table of Contents As filed with the Securities and Exchange Commission on December 19, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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. Employer Identification No.) 85 ...

Core Insights - Arko Petroleum plans to take its wholesale fuel distribution business public, aiming for a cumulative annualized operating income benefit of over $20 million from converting stores to its wholesale segment [3][8] - The IPO will include Arko's wholesale segment, fleet fueling arm, and GPM Petroleum business, which supplies fuel to retail and wholesale sites [4][5] Business Strategy - The company is converting its company-operated convenience stores to a wholesale segment as part of a strategic plan to reduce expenses [8] - Arko has converted 347 sites to its dealerization program and plans to continue this process into 2026 [7] Operational Structure - Post-IPO, Arko's approximately 1,200 remaining company-operated convenience stores will operate as a standalone entity [6][8] - The new company will handle wholesale distribution of motor fuels to nearly all of Arko's retail convenience stores that sell fuel [5]

Core Insights - Sunoco is returning to the NTT INDYCAR SERIES as a full-time primary partner with Chip Ganassi Racing starting in 2026, marking its first full-season primary partnership in INDYCAR since 1973 [1][2] Company Overview - Sunoco is the largest independent fuel distributor in the Americas, previously serving as the primary fuel supplier for INDYCAR from 2010 to 2018 and the Indianapolis Motor Speedway from 2015 to 2018 [2][5] - Sunoco operates across 32 countries and territories, with midstream operations including approximately 14,000 miles of pipeline and over 160 terminals, distributing over 15 billion gallons of fuel annually to around 11,000 retail locations [5] Partnership Details - The partnership with Chip Ganassi Racing will feature the No. 8 Honda driven by Kyffin Simpson, who has shown significant promise in his INDYCAR career [1][7] - Sunoco will showcase its 94 Octane fuel, which is the highest-octane fuel on the market, emphasizing its commitment to performance and efficiency [7] - Chip Ganassi Racing has had a successful history, winning 17 INDYCAR championships and over 145 races, including the Indianapolis 500 [7][8] Historical Context - Sunoco's relationship with INDYCAR dates back to 1968, and the company has a storied legacy in motorsports, having been associated with notable drivers and teams [7] - The return to INDYCAR comes after a successful season for Chip Ganassi Racing, which included nine wins and the INDYCAR championship [7]

Group 1 - Cosan S.A. (NYSE:CSAN) experienced a significant share price decline of 10.45% from December 3 to December 10, 2025, making it one of the worst-performing energy stocks during that week [1] - The company operates as a Brazilian conglomerate involved in fuel distribution through various segments, including Raízen, Compass, Moove, Rumo, and Radar [2] - The decline in Cosan's stock price was influenced by political developments in Brazil, particularly the endorsement of Senator Flavio Bolsonaro by former President Jair Bolsonaro for the upcoming presidential election, which created a politically risky environment [3]

Summary of Vibra Energia 2025 Investor Day Company Overview - **Company**: Vibra Energia (OTCPK: PETR.Y) - **Event**: 2025 Investor Day held on December 9, 2025 Key Industry Insights - **Industry**: Combustible sector, focusing on fuel distribution and renewable energy - **Market Dynamics**: Discussion on irregularities in the combustible market and regulatory changes impacting the sector Core Points and Arguments 1. **Strategic Plan for 2030**: Vibra presented its strategic plan, emphasizing five growth avenues introduced last year, focusing on execution and transparency in operations [1][3][17] 2. **Safety as a Core Value**: The company highlighted its commitment to safety, reporting a transportation accident frequency rate of 0.02, with no casualties in recent years [5][6] 3. **Regulatory Advances**: Significant progress in addressing market irregularities, including the implementation of a special regime in São Paulo for tax compliance and the introduction of heavy sanctions for tax debtors [7][9][10] 4. **Ethanol Taxation**: Approval of single-phase ethanol taxation effective since May 2025, which is expected to enhance market competitiveness and operational efficiency [10][13] 5. **Growth in Gas Stations**: Vibra reported a strong year in retail, recovering its position as the most trusted brand in fuel distribution, with a Net Promoter Score (NPS) improvement and a 40% increase in commercial margin for ethanol [19][20][22] 6. **B2B Enhancements**: The company is expanding its B2B customer base, focusing on agribusiness and natural gas, with a 14% increase in cross-selling lubricant sales [26][29] 7. **Logistics Capacity Expansion**: Vibra aims to enhance its logistics efficiency, reporting a reduction of BRL 350 million in freight costs through optimized operations and artificial intelligence [35][36] 8. **Lubricants Market Growth**: The company is focusing on becoming a leader in the lubricants market in Latin America, with record volumes and a strong brand presence [41][42][43] 9. **Renewable Energy Strategy**: Post-Evolua, Vibra is focusing on Comerge to capture synergies in distributed generation and energy efficiency projects, with an operational cash flow target of BRL 1 billion to BRL 1.5 billion [46][48] 10. **Financial Performance**: Vibra reported an adjusted EBITDA of BRL 178 per cubic meter for the first nine months of 2025, with expectations for continued profitability growth into 2026 [52][57] Additional Important Insights - **Market Trust and Execution**: The company emphasized the importance of trust from investors and stakeholders, showcasing its commitment to executing its strategic plans effectively [2][15] - **Investment Grade Achievement**: Vibra achieved a global investment grade from S&P, reflecting its strong credit risk profile and operational performance [56] - **Operational Efficiency**: Continuous efforts to streamline operations and reduce costs are central to Vibra's strategy, with a focus on maintaining a low debt leverage ratio [61][62] This summary encapsulates the key points discussed during the Vibra Energia 2025 Investor Day, highlighting the company's strategic direction, market positioning, and financial performance.