ARKO Petroleum, a U.S.-based fuel distributor serving gas stations, secondary wholesalers, and other buyers, filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) last Friday. The company aims to raise up to $100 million through its debut on the U.S. stock market.
ARKO Petroleum is a subsidiary of publicly traded ARKO Corp (Nasdaq: ARKO) and operates as a fuel distribution business. In the nine months ending September 30, 2025, the company delivered approximately 1.5 billion gallons of fuel to gas stations, secondary wholesalers, and other customers.
The company manages three core business segments: 1. **Wholesale**: Supplies fuel products to third-party dealer gas stations and ARKO Retail Sites under long-term cost-plus or consignment-type contracts. 2. **Fleet Fueling**: Operates owned and third-party cardlock fueling locations and issues proprietary fuel cards. 3. **GPMP**: Provides fuel to retail sites on a cost-plus basis, charging a fixed markup per gallon.
Headquartered in Richmond, Virginia, ARKO Petroleum was founded in 2022. Over the 12 months ending September 30, 2025, the company generated approximately $5.7 billion in revenue. It plans to list on the Nasdaq stock exchange under the ticker "APC."
UBS Investment Bank, Raymond James, Stifel, Mizuho Securities, and Capital One Securities are serving as joint bookrunners for the IPO. Pricing terms have not yet been disclosed.
Comments