ARKO Petroleum Corp.

Arko Petroleum Corp (NASDAQ: APC) is a fuel distribution company that wholesales motor fuel to dealers, cardlock locations, and related-party retail sites across the United States. Revenue is transactional, earned on the spread between fuel purchase cost and selling price, measured as fuel contribution (fuel revenue minus fuel costs) and expressed in cents per gallon. The company describes itself as one of the largest wholesale fuel distributors by gallons in North America, supplying customers in more than 30 states as of the Q1 2026 10-Q filing. It was incorporated in Delaware on July 2, 2025, as a subsidiary of ARKO Corp. (NASDAQ: ARKO), one of the largest U.S. convenience store operators, and completed its IPO on February 13, 2026, raising approximately $206.8 million in net proceeds. Headquartered in Richmond, Virginia, the business has grown through 26 acquisitions completed by Arko Petroleum and ARKO Corp. combined from 2013 through March 31, 2026. The operating model targets high conversion of gross profit to Adjusted EBITDA and prioritizes quarterly cash distributions to stockholders.