ARKO Petroleum, a US fuel distributor, priced its IPO at 18 US dollars, raising 200 million dollars. It will debut on Nasdaq tonight.

On February 11, 2026, Arko Petroleum (APC.US), one of the largest independent fuel wholesale distributors in the United States, officially announced the completion of its initial public offering. The company issued approximately 11.11 million shares of common stock at a price of $18.00 per share, raising a total of $200 million. Based on the offering price, the company's initial market value is approximately $830 million. The company is expected to be listed on the Nasdaq stock market on February 12. According to documents filed with the U.S. Securities and Exchange Commission (SEC), Arko Petroleum had previously proposed 10.5 million shares at a price range of $18 to $20 per share. The company raised $200 million through the expanded initial public offering (IPO), with the offering price set at the lower end of the proposed range. As a core asset of the Fortune 500 company and convenience store giant ARKO Corp. (ARKO.US), Arko Petroleum plays a significant role in the North American fuel supply chain. Its business footprint spans over 30 states in the U.S. and the District of Colombia, and in the first three quarters of 2025, the company's fuel delivery volume exceeded 1.5 billion gallons. In addition to providing a stable source of oil for over 1,100 retail convenience stores under its parent company, its service network also covers over 2,000 third-party independent gas stations and secondary distributors, as well as wholesale fuel to unmanned fueling stations serving commercial fleets. In terms of capital structure and financial planning, the net proceeds raised by ARKO Petroleum this time will mainly be used to optimize its balance sheet, focusing on repaying about $184 million in debt owed to its parent company ARKO Corp. After this spin-off listing, the parent company ARKO Corp. will retain absolute control over the company, holding approximately 75.9% of the economic interest and about 94% of the voting rights. To attract long-term income-oriented investors, the company's management has explicitly stated plans to implement a dividend policy after the listing, with an initial quarterly dividend set at $0.50 per share. Financial data shows that for the nine months ended on September 30, Arko Petroleum reported a net profit of $24.7 million and revenue of $4.27 billion; in the same period of the previous year, the net profit was $32.7 million on revenue of $4.92 billion. The company delivered 1.5 billion gallons of fuel in the first nine months of 2025, compared to 2.1 billion gallons for the full year of 2024. UBS Group AG, Raymond James Financial Inc., and Stifel Financial Corp. are serving as lead underwriters for this offering. The company is expected to be listed on the Nasdaq stock market on Thursday under the ticker symbol APC.